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PDD Drops to Lowest Price Level Since Nov. 2023
This week PDD reported strong earnings despite a slight revenue miss. During the earnings call there was a lot of bearish sentiment about future revenue, which led to a sharp selloff for PDD. Currently PDD is trading at the lowest price in 2024, and price levels not seen since Nov. 2023. I think PDD is […]Read More
Ether ETFs Defy Doubters: $2 Billion Surge Signals Strong Investor Confidence
When a new wave of ether exchange-traded funds (ETFs) were launched in the U.S. about a month ago, many thought the launch was a flop, especially after headlines reported that investors had pulled out $465 million from these funds. However, a closer look at the numbers tells a different story, and the reality is more […]Read More
Altcoin Market is Trying to Rebound
The Altcoin market has also been trending down, but is trying to form a bullish rebound around $584 billion market cap. This rebound could fail, but ETH is also approaching support so we might see a rebound for ETH and Altcoins over the next day or so. For now I would monitor to see if […]Read More