Get started

Blast

#BLAST. 152% pure movement? Easy. Review from 09.01.2025BYBIT:BLASTUSDT #BLAST 4H Hi lovelies! 🌸 Let’s dive into BLAST – an innovative Layer 2 blockchain project built on Optimistic Rollups, fully compatible with the Ethereum Virtual Machine (EVM). What is BLAST? The goal of BLAST is to provide real yield to users holding ETH and stablecoins in the Ethereum network – a feature not currently offered by any other Layer 2 solutions. Why invest in BLAST? Leadership: The project is led by Pacman, the founder of BlurUSDT. Team expertise: The team includes professionals from: FAANG companies (Facebook, Amazon, Apple, Netflix, Google) Prestigious universities: MIT Yale Nanyang Technological University Seoul National University These individuals have extensive experience in building key protocols in the DeFi and Web3 spaces, especially on Ethereum and Solana. Funding: On November 21, 2023, BLAST successfully raised $20 million from major investment funds, including Paradigm and Standard Crypto. Analysis The price is currently in a local sideways movement. Yellow lines mark the following levels (bottom to top): December 10 low. August 5 low. I expect one of the upcoming corrections to result in a break of the lows, providing a great entry point. RSI is in the oversold zone, indicating that the asset is nearing undervalued territory and has strong potential for growth ahead of the altcoin season. My Strategy We’ll enter from current levels and set limit orders in case the lows are updated. Entry Points (EP): $0.007587 $0.006644 Take Profits (TP): 1 - $0.012208 2 - $0.015835 3 - $0.019161 No Stop Loss: In case of a drawdown, I’ll buy more on spot and average down my futures position. Let’s stay patient and follow the plan, my loves! 💖 As always, DYOR (Do Your Own Research) and trade wisely! 💖 Hugs, Your crypto girl
Long
by Kate_Trade_Only
BLASTBlast is the only Ethereum Layer 2 with native yield for ETH and stablecoins. Blast's yield comes from ETH staking and Real-World Asset (RWA) protocols, automatically passing the yield back to users. Blast is unique in providing builders with new building blocks: native yield and gas revenue sharing. Anyway, Blast is still young and was in a downtrend since birth. Later, Blast broke the downtrend line and started oscillating in a mild descending channel. Then, Blast broke this channel and is making a pullback on it. Blast show high potential for long-term holders. Let's see what happens.
Long
by SaeedSalehinia
Bitcoin strong growthAccording to the latest data that our team receives, we concluded that the global market maker has finished accumulating its three main assets: BITSTAMP:BTCUSD , BITSTAMP:ETHUSD and BITSTAMP:SOLUSD . The main idea is to realize and lock in profits on these three assets and further profit spillover into altcoins. We expect that in October-November there will be a local growth, which will also trigger the growth of a number of altcoins (local market makers such as GSR, Wintermute and others will start playing out their plans on altcoins). Based on chart analysis, we expect Bitcoin to rise to the $70300-71200 area, which compares to the 1.5 and 1.618 Fibonacci levels respectively; we also consolidate above the 50 EMA. Among altcoins, BINANCE:WLDUSDT , BINANCE:APTUSD , COINBASE:BLASTUSD and COINBASE:DRIFTUSD look good. Expect localized growth on these assets! Best wishes, Horban Brothers!
Long
by horbanbrothers
Blast breakout, retest needed before 220% targetAnalysis: BLAST has broken out of the wedge, which suggests a potential rally. Post-breakout, we often see a retest of the upper boundary of the wedge, which could offer a strong confirmation of the breakout. After the retest, price is expected to rally back towards the top of the pattern. Entry Point: DCA (Dollar-Cost Averaging) Entry Zone: Marked around $0.01012, this was an optimal entry point for traders looking to go long as the breakout began. It allowed traders to accumulate gradually as the price confirmed the wedge breakout. Take Profit Levels: Take Profit 1: Set at $0.01942, offering a 150% gain from the wedge breakout. This is the first major target, where traders could consider taking partial profits. Take Profit 2: Positioned at $0.02469, representing a 220% gain from the wedge breakout. This level aligns with further resistance and could act as a final target for this trade. Conclusion: The chart suggests a strong bullish move following the breakout of the descending wedge. Targets of 150% and 220% gains are set, with a potential retest of the wedge boundary before a further rally. For those who missed the initial entry, keeping an eye on the retest for a new entry opportunity is crucial.
by Blockbullder
Is it an application chain or a new staking trap? ---- BLURSuch as RST protocol, BTC Layer-2, BLAST, etc., more and more activities of staking to obtain points are appearing in the market. However, after participants obtain the airdrop, they will find that the value brought by the airdrop is often difficult to cover the depreciation of the token during the lock-up period. From a protocol perspective, we believe that staking with application scenarios such as EigenLayer are meaningful. But staking for airdrop points is just locked farming. Recently, BLAST conducted a TGE and airdropped tokens. Compared with BLAST, DYDX, which also upgraded the protocol to an application chain, did not introduce new tokens and did not lay out airdrop traps. The upgrade is just for a better user experience. After BLAST promoted interest-earning assets in the early stage, it almost focused on the airdrop expectations brought by the staking, which is the same as many BTC Layer-2. So, money comes, money leaves. When BLAST conducted a TGE on June 26, a large amount of unlocked BLUR turned into selling pressure. Of course, maybe BLAST Pro is on the way, and you only need to stake BLAST to get new points. Back to our indicators. We can see that the TSB indicator performs almost perfectly on BLUR. Take away both the rising and the falling gains. BLUR is still in a bearish trend at the moment and has seen a clear decline with heavy trading volume after the TGE, which will act as short-term resistance. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius