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📅 Crypto Events for Tomorrow ✔️2024/02/18 - $TLOS | Toronto Meetup, Canada ✔️2024/02/18 - $XLM | Nairobi Meetup, Kenya #Gate Post Highlights##ContentStar##比特币##BountyCreator##HotTopicDiscussion##GateioBountyCreator##Crypto #

WHALE WATCH: ETH HAS BROKEN THROUGH $4,880, SETTING A NEW ALL-TIME HIGH! SWING TRADER SOLD 2,277 $ETH ($9.57M) AT $4,203 JUST 5 DAYS AGO… AND 5 HOURS AGO FOMO'D BACK IN, BUYING 1,966 $ETH ($9.57M) AT $4,869. HE HAS LOST 311 $ETH ($1.5M).

In the Crypto Assets market, the price movement of ETC (Ether Classic) remains the focus of traders' close attention. Today, we will explore the possible direction of ETC and its corresponding trading strategies. The market's movement often revolves around the moving averages. When prices frequently fall below the moving averages, it usually indicates that the bearish forces are strong; conversely, if prices often break above the moving averages, the bulls have the advantage. When prices fluctuate around the moving averages, the market is in a relatively balanced state, with both bulls and bears holding equal strength. However, the ever-changing market often catches traders off guard. Many people may encounter situations like this: just when they are shaken out of the market by volatile conditions, the bulls start to gain strength; or they close their short positions too early and miss a wave of downtrend. This feeling of regret of "if only I had known" is something every trader has experienced. A more common situation is that traders hesitate when opening a position and ultimately only open a very small position, missing out on significant market movements. This reflects the psychological struggle of market participants when faced with uncertainty. For trading ETC and other Crypto Assets, the key is to maintain an objective and calm attitude, manage risks well, and continuously learn and adjust strategies. Remember, the market will never follow our script; adaptability and flexibility are the keys to long-term success.

Recently, the focus of the cryptocurrency market has been on the critical price range of Bit. According to the latest data analysis, Bit is facing two important price points that could trigger significant market reactions. If the price of Bitcoin can break through the $115,000 threshold, short positions on major centralized exchange (CEX) may face liquidation risks of up to $1.734 billion. This potential large-scale short liquidation could further drive up the price of Bitcoin and trigger more bullish sentiment. On the contrary, if the Bitcoin price falls below the support level of $111,000, approximately $1.183 billion in long positions will face the risk of being liquidated. This situation could lead to further price declines and trigger panic in the market. Currently, market participants are closely monitoring these two key price levels in an attempt to predict the next move of large funds. Whether the main funds will choose to push prices up to trigger short liquidations, or will press prices down to induce long liquidations, this question is gripping the nerves of the entire encryption community. The potential impact of this price volatility is not limited to Bitcoin but may also affect the entire cryptocurrency ecosystem. Investors and traders need to remain vigilant, closely monitor market trends, and make informed decisions based on their risk tolerance. As the market continues to fluctuate within this critical range, we may see more price volatility and an increase in trading volume. Regardless of the final outcome, this period will undoubtedly become an important node in the price trend of Bitcoin, worthy of close attention from all market participants.

In the Web3 space, many projects often talk about "governance," but in the actual implementation process, it often becomes formalistic. However, SuccinctLabs is standing out with its unique approach, closely integrating governance mechanisms with economic incentives and pioneering a new paradigm. SuccinctLabs' governance model is not just an empty concept, but rather decentralizes real power to the community. Holders of the PROVE token are no longer just passive investors, but active participants who can truly influence the direction of network development. This innovative governance mechanism democratizes the development of the technological roadmap and ecosystem, allowing every participant to exert their influence. For developers, the governance model of SuccinctLabs provides a more transparent and predictable environment. Clear rules and defined directions enable developers to better plan and execute their projects. This model not only fosters innovation but also reduces reliance on a single entity, thus creating a healthier and more sustainable ecosystem. SuccinctLabs' governance practices may become a model for future infrastructure projects. By closely integrating technological innovation with community engagement, SuccinctLabs is redefining the operation of Web3 projects. In this system, the PROVE token not only represents voting rights but also serves as the cornerstone for maintaining the balance of the entire system. This innovative governance model is not just an improvement on existing systems, but a significant breakthrough for the entire Web3 ecosystem. It demonstrates a new possibility for how effective decision-making and sustainable development can be achieved in a decentralized environment. As more projects begin to focus on and adopt similar models, we may see the entire Web3 industry move towards a more democratic, transparent, and efficient direction.