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Possible Black Swan Event Incoming After Bitcoin and Altcoin Bull Trap, Says Trader – Here Are His Targets A widely followed cryptocurrency analyst believes Bitcoin (BTC), Ethereum (ETH) and altcoins bulls are being set up for a massive trap. The analyst and trader pseudonymously known as Capo tells his 938,800 followers on the social media platform X that the crypto market looks primed to go up to potentially form a bull trap. A bull trap is a false signal that indicates that the bearish trend is over but then the price abruptly reverses course and witnesses a deeper drawdown. According to the pseudonymous analyst, Bitcoin, Ethereum and altcoins could rally by between 10% and 50% from current levels before a rapid price reversal. “Bitcoin to $100,000 with a quick pump, Ethereum to $3,000, altcoins 10% to 50% up – bull trap soon.” Bitcoin is trading at $89,290 at time of writing while Ethereum is .

The cryptocurrency market is known for its volatility, but the recent surge of Elixir (ELX) is a phenomenon that has left many investors and traders stunned. On a single day, ELX's price skyrocketed by over 1,600%, leaving many to wonder what triggered this massive price movement. What is Elixir (ELX)? Elixir (ELX) is a decentralized cryptocurrency that operates on a blockchain network. It is designed to provide fast, secure, and transparent transactions, making it an attractive option for users who need to make quick and secure transactions. The Surge: What Happened? The surge in ELX's price was triggered by a combination of factors, including: - *Increased Adoption*: ELX has been gaining traction in recent weeks, with more users and businesses adopting the cryptocurrency. - *Improved Infrastructure*: The ELX team has been working to improve the cryptocurrency's infrastructure, including the development of new wallets and trading platforms. - *Market Sentiment*: The overall market sentiment for ELX has been positive, with many investors and traders optimistic about the cryptocurrency's future prospects. Tips for Investors and Traders Here are some valuable tips for investors and traders who are looking to capitalize on the ELX surge: - *Conduct Thorough Research*: Research ELX's team, technology, and roadmap to ensure it aligns with your investment goals. - *Diversify Your Portfolio*: Diversify your cryptocurrency portfolio by including a mix of established and new cryptocurrencies. - *Stay Up-to-Date*: Stay informed about market news and developments that may impact ELX's price. - *Set Clear Goals*: Set clear investment goals and risk management strategies to help you stay focused and avoid significant losses. Tips for Users Here are some valuable tips for users who are looking to use ELX for transactions: - *Understand the Technology*: Take the time to understand ELX's technology and features. - *Use Secure Wallets*: Use secure wallets and follow best practices for protecting your private keys and assets. - *Participate in Governance*: Participate in ELX's governance model by voting on proposals and contributing to the community. - *Stay Engaged*: Stay engaged with the ELX community and stay informed about updates, developments, and events. Conclusion The surge in ELX's price is a phenomenon that has left many investors and traders stunned. By understanding the factors that triggered this surge and following our valuable tips, investors, traders, and users can make informed decisions and navigate the exciting world of cryptocurrency. The Future of ELX As the cryptocurrency market continues to evolve, ELX is likely to remain a key player. Here are some potential future developments: - *Increased Adoption*: As more users and businesses adopt ELX, its value and visibility are likely to increase. - *Improving Infrastructure*: Upgrades to ELX's infrastructure, such as improved scalability and security, can increase investor confidence and drive up the price. - *Strategic Partnerships*: ELX may form strategic partnerships with other cryptocurrency projects and companies, expanding its reach and increasing its visibility.

Got to know about the GoPlus Security drama—the market maker allegedly manipulating a token’s price after listing it on CEX, dumping large amounts for profit without buying back. The CEX found out, shut it down, and confiscated the profits to compensate users. Great job done there. Such cases are disappointing to see, but unfortunately, not unheard of. 😞 I’ve even seen projects offer free tokens to listing teams—at Bitget, this is a HARD red line. 🚫 Such projects are immediately rejected. Integrity is the cornerstone of a healthy and sustainable crypto market. Without it, we risk building a market based on manipulation, quick wins, and short-term gains, ultimately damaging the industry’s long-term prospects. We should be building a space where fairness, transparency, and growth can thrive. #Web3 #CRYPTO #values

Holding vs. Trading – What’s the Best Play for $$ELX ? With $ELX surging nearly 60% in a single day, many traders and investors are debating their next move. Should they lock in profits now, or hold for even bigger gains? Let’s break down the best strategy. For short-term traders, this volatility presents a prime opportunity to take profits at resistance levels and re-enter on dips. Active traders can capitalize on price swings, using technical indicators like RSI and moving averages to time their entries and exits. However, the risk lies in missing a parabolic move if the price continues climbing. On the other hand, long-term holders (HODLers) are banking on the bigger picture. With growing adoption, strong fundamentals, and increasing interest in decentralized applications, $ELX could see significant price appreciation over time. By holding, investors avoid the stress of short-term market swings and position themselves for potentially exponential gains if ELX reaches $1 or beyond in the near future. So, which strategy is better? Trading can bring quick profits, but holding could yield life-changing returns. If you believe in $ELX’s long-term potential, patience might be your best ally. But if you thrive on market fluctuations, trading could be the way to go. What’s your move? Are you holding for the moon or trading the waves? Let us know in the comments! ⬇️

$QUICK USDT is forming counter-trend movement to the resistance of the range - 0.02957. A false breakdown of the key level is formed against the background of the downtrend snapshot The cryptocurrency market is experiencing bad times. While bitcoin is testing new lows - 76K, altcoins are cutting through to find another bottom. QUICK stands out in this picture, testing a strong resistance (liquidity) zone 0.02845 - 0.02957 and forming a false breakout. BUT! in the morning session bitcoin strengthens after a strong fall and can pull the whole market up with it. Thus, before the further fall another attempt to retest 0.02953 or update the tail of the false breakout at 0.03000 (0.7fibo) is possible. Resistance levels: 0.0285, 0.02953, 0.0300. Support levels: 0.0243, 0.02118 If the next resistance retest ends in a false breakdown and price consolidation under 0.02957, QUICK coin may continue its decline in the short and medium term.