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In my opinion, the USB phone built into the Ton Ecosystem doesn’t justify its $160 price tag. Firstly, it lacks a fingerprint scanner, which is a common feature in modern phones. Secondly, the display is not even impressive. Lastly, the supposed secondary security feature, Face ID, is unreliable. It’s absurd to rely solely on primary security in this generation. While it’s their first phone, Oyster Labs has the potential to improve. If you’ve ordered the phone, I’d love to hear your thoughts. Am I being too demanding?
😩 One of the most painful things is having a lot of money somewhere that you can’t access . After all the years of mining $Pi, I completed the KYC process and successfully migrated my funds . However, I made a mistake 🤦♂️ by misplacing the seed phrase of the wallet I migrated to. If I had sold my $Pi at the current price, I would have left trenches now. This experience has taught me a valuable lesson: always keep your seed phrase safe to avoid similar situations in the future. I see no difference between me and those who were unable to complete the KYC process🤷♂️.
Optimism's (OP) price is showing warning signs of a potential price correction due to: - Bearish head-and-shoulders pattern - Weakening on-chain data (net network growth -0.87%, "In the Money" metric -1.36%) - Negative MVRV Long/Short Difference (-8.75%) OP is currently trading at $1.12 with a 5.34% gain in the past 24 hours. If it fails to hold the $1.12 support, it may test $1.06 or lower levels.
Bitcoin's price has surged past $98K, but declining network activity and valuation metrics suggest it may be overvalued. Key concerns: 1. Metcalfe's Law: Bitcoin's fair value is between $48K and $95K, indicating a speculative premium. 2. Declining network activity: Daily active addresses have dropped, aligning with reduced on-chain engagement. 3. Market Value to Realized Value (MVRV) ratio: Historically, an MVRV above 2.4 has preceded corrections, indicating potential overvaluation. Technical indicators suggest: 1. Bullish structure: But showing signs of exhaustion. 2. 50-day Moving Average (MA): Bitcoin is hovering near $98,710. 3. Momentum indicators: Suggest a slowdown. Possible scenarios: 1. Correction: Bitcoin may pull back toward $95K if it fails to hold above the 50-day MA. 2. Consolidation: Bitcoin could target psychological resistance at $100K if bullish momentum persists. Investors should monitor network growth and key support levels to gauge Bitcoin's next move.