SpaceCatch priceCATCH

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 Bitcoin and Ethereum futures open interest dropped by $1.37B signaling a partial market reset, says CryptoQuant analyst Alex Adler. 🔹 BlackRock CEO Larry Fink warns that U.S. inflation will rise over the next 6–9 months due to nationalistic policies, including worker deportations, which markets are currently underestimating. 🔸Ontario agrees to suspend 25% electricity tariffs on the United States. 🔹Franklin XRP Trust Files S-1 With the SEC for an XRP ETF on Cboe BZX. 🔸Seven more Congressmen have co-sponsored Senator Lummis’ plan to buy 1 million #Bitcoin. 🔹The SEC has acknowledged Grayscale’s Filing for Hedera $HBAR ETF. 🔸Hong Kong’s Ming Shing Group subsidiary buys 333 $BTC at $81,555 each, adding to its January purchase of 500 $BTC at $94,375 per coin. 🔹Bitwise launches #Bitcoin Standard Corporations ETF, tracking public companies holding over 1,000 $BTC. 🔸Senator Lummis reintroduces the ‘#Bitcoin Act’ bill, proposing a 1 million $BTC purchase over 5 years with a 20-year minimum hold, that’s 4.76% of the total supply. 🔹CBOE files proposal to allow staking for Fidelity’s $ETH ETF.

While panic selling has seen Bitcoin’s price slip below $80,000, whales looking to leverage the potential opportunity have aggressively accumulated over 65,000 BTC. On Mar. 11, as Bitcoin ( BTC ) struggled near the $80,000 mark, on-chain data and analytics platform CryptoQuant shared details showing that large holders, dubbed whales, have been busy buying on the cheap over the past month. CryptoQuant’s on-chain data indicates that despite the selling pressure leaving small holders in wreck mode, Bitcoin whales have used the 16% pullback over the past 30 days to accumulate more than 65,000 BTC. “Although this does not mean immediate effects on the short-term price, it already demonstrates absorption by large participants, excluding miners and exchanges,” Cauê Oliveira, head of research and on-chain analyst at BlockTrends, noted. A continuation of this accumulation pattern over the coming weeks will signal upside demand from large holders. Whale buying has often signaled a bullish outlook, and in the recent past, it mirrors the accumulation seen ahead of the bull cycle run last November and December. However, downside action may not be over yet. Bitcoin miners have increasingly come under selling pressure as BTC dips. After hitting an all-time high of $109K, Bitcoin has struggled with downside pressure. Key bounces have stalled at supply reload zones, including the psychological $100K level. This weakness has turned miners into “ forced sellers ,” adding to the downward trajectory. With markets reacting negatively to tariffs and other developments, analysts say Bitcoin could dip further. Notably, Bitcoin has retested support levels below $78K, with a bloodbath likely if it flips lower to touch $75K. Arthur Hayes, the co-founder and former chief executive officer of BitMEX, suggested that the flagship cryptocurrency could revisit the $70K area. This would represent a 36% correction from Bitcoin’s all-time high, he noted. Nonetheless, Hayes remains bullish long term, viewing the dump as a chance to accumulate more. But investors may need to remain patient. “Traders will try to buy the dip, if you are more risk averse wait for the central banks to ease then deploy more capital. You might not catch the bottom but you also won’t have to mentally suffer through a long period of sideways and potential unrealised losses,” Hayes posted on X. At 11:40 a.m. Eastern Time on March 11, Bitcoin traded around $81,220, slightly recovered from its intraday low of $76,780.

True! However if you bid on anything have a clear invalidation scenario and stick to it! As I said several key levels were hit while others weren‘t. This make a reversal possible but also another retrace possible to catch remaining levels.

📉 Buy the dip? Sounds like a joke during a market storm. With $BTC struggling, not everyone is ready to catch a falling knife. #crypto #Bitcoin

Once upon a time, in a bustling town, lived a curious young woman named Tara. Fresh into the world of trading, she’d heard whispers of markets that soared like eagles and others that sank like stones. Eager to learn, she set up her very own “Trade $MINT ”—a cozy corner of her home where she nurtured her growing portfolio of investments, much like a gardener tends to seedlings. One sunny morning, Tara stumbled upon two peculiar terms: bullish and bearish. “Imagine a bull charging upward, lifting markets with its horns,” her mentor explained. “That’s bullish—when prices rise and optimism reigns. But a bear swipes downward, dragging markets into a slump. That’s bearish.” Tara nodded, sketching a bull with a blue hat and a bear in a gloomy forest to remember. Weeks passed, and Tara’s Trade Mint flourished. She celebrated bullish days, watching her investments climb like ivy. On bearish days, she sipped tea, waiting patiently for storms to pass. But one afternoon, the market turned… strange. Charts flickered like uncertain fireflies. News buzzed with mixed signals—some cheered innovation (a hint of bullish blue), while others warned of downturns (a growling bearish tone). “Is the sky bluish or bearish?” Tara muttered, staring at her screen. Her portfolio, once steadily growing, now wobbled like a kite in shifting winds. She’d heard seasoned traders call this a “bluish-bearish” limbo—a market torn between hope and fear. That night, Tara recalled her mentor’s advice: *“Markets breathe like living things. Sometimes they hesitate.” She realized her Trade Mint wasn’t just about picking trends, but weathering uncertainty. The next morning, she made a plan. She trimmed risky investments (avoiding the bear’s claws) but kept a few hopeful stocks (to catch the bull’s blue sky). Diversification, she learned, was her anchor. Days turned to months. Sometimes the bear growled louder; sometimes the bull peeked through clouds. Yet Tara’s Trade $MINT thrived, not because she predicted every turn, but because she adapted. She’d smile, remembering how “bluish and bearish” taught her balance. Moral of the Story: Markets, like weather, aren’t always sunny or stormy—sometimes they’s a mix of both. A wise trader tends their “mint” with patience, adapts to the hues of blue and shadows of bears, and never lets the winds of uncertainty uproot their strategy. And so, Tara’s tale spread, reminding all traders: It’s not about holding a perfect mint, but nurturing it through every season. 🌱💹