Bitcoin's halving reduces miner rewards, which historically has caused a reduction in the coin's supply. This creates upward pressure on the price, though it also depends on external factors such as demand and broader market sentiment.
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RSI is a popular momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in the market. An RSI above 70 suggests that Ethereum may be overbought and due for a pullback, while an RSI below 30 signals that it might be oversold and could bounce back. Traders often look for divergence between RSI and price to spot potential reversalsβif the price is making new highs but RSI is not, it could indicate weakening momentum, suggesting a trend reversal.
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Blockchain transparency allows for real-time tracking of transactions, token distribution, and wallet activity, enabling investors to verify the project's financial integrity. By analyzing the flow of funds and token allocations, it becomes easier to spot irregularities or overly centralized ownership. Transparent projects often provide greater confidence, as investors can see whether the development team is holding large amounts of tokens or if funds are being used as promised. This transparency helps reduce the risk of fraudulent or mismanaged projects, fostering trust within the crypto community.
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