Guys, no more shitcoins for now—let’s get back to trading majors. Setting up some overnight plays for 9/1, let’s wake up tomorrow and cash in a few grand 💸 1: BTC short @ 111,960 – 113,433 SL: 114,433 | TP: 108,500 Position: 5.5 | Leverage: 10x 2: BTC long @ 107,400 – 106,200 SL: 105,100 | TP: 109,000 Position: 5.5 | Leverage: 10x
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More importantly, Towns isn't just an app; it's an open protocol. Anyone can develop applications, bots, and tools on it, and all fees generated from these services will be used to repurchase and burn the $TOWNS token. To date, the protocol has collected $4 million in fees, all of which has been funneled into the token economy. This means that the more activity and repurchases there are, the more token value will be returned to holders. I've been searching for a useful community tool, and I wonder if Towns Protocol will surprise me, even offering an airdrop.
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No wonder everyone’s reducing positions and selling! Turns out, even though $BTC and $ETH are still in an overall bull trend, the market has moved into a high-level distribution phase. Prices are hitting new short-term highs, but the buy-sell delta is dropping, aggressive buying is weakening, and the OI/market cap ratio is showing a bearish divergence. Bulls are still in control, but the momentum could shift from a unilateral pump to high-level consolidation and local corrections. #BTC #ETH
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