Bitcoin’s halving reduces the supply of new BTC, often leading to price appreciation due to scarcity. However, price movements depend on various factors like demand, market sentiment, and macroeconomic trends, so the impact of halving may not always be immediate.
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Smart contract audits are thorough reviews conducted by security experts to identify vulnerabilities, bugs, or flaws in the code before it is deployed on a blockchain. These audits ensure that the contract functions as intended and adheres to security best practices, minimizing the risk of exploits or hacks. By auditing smart contracts, developers can avoid issues like reentrancy attacks, faulty logic, or unprotected financial transactions. For users and investors, audits provide a layer of trust, as they confirm that the code has been thoroughly tested for risks. However, audits are not foolproof, and new vulnerabilities may emerge post-deployment, making continuous monitoring and updates essential to maintaining security.
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Large buy or sell orders, often referred to as "buy walls" and "sell walls," act as important signals in cryptocurrency markets. A buy wall at a particular price level indicates strong support, suggesting the price may not fall below that level easily. Conversely, a sell wall at a higher price signals resistance, which could prevent the price from moving upward. If these walls get absorbed by market orders or broken, it may indicate a potential breakout or breakdown. Monitoring these levels helps traders anticipate price movements and identify key points for entering or exiting trades.
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