Crypto Mountains

📊 The percentage of Ethereum validators using "compliant" relays has dropped from 79% to 27% — link #Analysis

🚨 Important Update: Futures Open Interest with Crypto-margined collateral at historic lows 💪 Health of derivative collateral structure vastly improved over last 2 years 💰 Traders and investors using more stable collateral for futures contracts 📈 Positive sign for cryptocurrency market maturity and stability 👀 Keep an eye on this development for future updates!

💰 The BTC exchange offer has dropped to the lowest level in 5.5 years! People are withdrawing their bitcoins from CEX. 📈 Historical parallels suggest that the decrease in BTC exchange offer and the increase in self-storage of cryptocurrencies could lead to a price increase in BTC in the future. For example, in 2017, when a similar decrease in BTC exchange offer occurred, it led to a sharp increase in its price up to the historical maximum at the end of the year. 🔍 However, each case is unique, and for more accurate forecasting, it is necessary to consider many other factors, such as regulatory changes, technological innovations, and macroeconomic conditions. 💡Another factor to add to the list!

#educational_post

📍 #BTC 12H Fakeout took place instead of breakout of the resistance confluence of MA 50 and upper line of the Symmetrical Triangle because The price headed down to the lower line of the Symmetrical Triangle Short when the breakout is confirmed

💎 BUY #INJ/USDT #LONG ✅ Entry: 6.05-5.90 ☑️Targets : 6.12, 6.20, 6.30, 6.45, 6.60, 6.80 🚫Stoploss: 5.75 Leverage : Cross 25x

Friends, today there were questions about the correlation, so here it is: Correlation is how two things are related. If we are talking about Bitcoin (BTC) and Ethereum (ETH), then the correlation will show how a change in the price of one affects the price of the other. 🗣The 30-day running correlation is just a way to see how this relationship has performed in the last 30 days. ✅ If the correlation is positive (closer to 1), it means that when Bitcoin goes up, Ethereum usually goes up as well. If it is negative (closer to -1), it means that when Bitcoin goes up, Ethereum usually goes down. If the correlation is zero, it means that the price of Bitcoin does not affect the price of Ethereum.