The downward trend in Stacks continues, with STX breaking the $1.53 neckline, marking a 62% decline from its peak. Meanwhile, the recent ENS whale influence shook the market, as a strategic $9.15 million deposit caused a sharp 1041% rise in network inflows.
On the other side, at Web3Bay (3BAY), early participants are positioned for a 6,430% ROI at launch, with the 3BAY token projected to surge from $0.003 in Stage 1 to an expected $0.1959. By reshaping how buyers and sellers interact while granting governance and staking benefits to its holders, this web3 cryptocurrency aims to transform the trillion-dollar e-commerce industry.
Stacks Bearish Pattern Indicates Possible Drop Below $1
Stacks, the primary asset for Bitcoin’s layer-2 network, has declined by 62% from its all-time high of $3.86, now trading at $1.45. Despite brief price recoveries, the ongoing Stacks bearish pattern suggests further declines could be ahead. STX has developed a head and shoulders formation, signaling potential continued losses after falling below the neckline.
That neckline was at $1.53, but with the Stacks bearish pattern already breaching this level, $1 now stands as the next crucial support. While long-term confidence persists due to the project’s solid foundation, the short-term trend appears uncertain.
ENS Whale Influence Triggers a 1041% Surge in Inflows
A significant deposit of 282,365 Ethereum Name Service (ENS) tokens worth $9.15 million into Binance caused a sharp 1041% increase in ENS inflows within 24 hours. This strategic ENS whale influence, originating from the ENS DAO: Community Reward Funds wallet, led to a $4.36 million gain for the investor, capitalizing on favorable market conditions.
ENS is now priced at $34.41, rebounding from a recent low of $28.00 as strong buying activity countered sell-off pressures. The RSI at 50.86 indicates a neutral trend, with $32.00 acting as a key support level and $38.00 as a possible resistance point.
If You Missed Web3Bay’s 6,430% ROI— Jump Now to Grab 4,200%!
Early Web3Bay backers are positioned for a 6,430% ROI at launch, highlighting the project’s role in reshaping e-commerce. With an initial price of $0.003 in Stage 1, the 3BAY token is now in Stage 4 at $0.004562625, set to reach $0.1959 by launch.
This web3 cryptocurrency is built to challenge traditional e-commerce models, ensuring a seamless shopping experience without data tracking or hidden charges. Buyers benefit from transparency and flexibility, while sellers operate without restrictions from intermediaries.
Beyond its role in transactions, the 3BAY token offers purchase discounts and staking rewards, creating both financial and practical value for users. With over $1,000,000 secured in presale funding and 260 million tokens already claimed worldwide, Web3Bay is making strides in the trillion-dollar e-commerce sector.
For those who missed Stage 1, the opportunity for a 4,200% ROI still exists, but as presale stages advance, entry costs increase, reducing potential returns. Timing remains critical for those looking to capitalize on this opportunity.
Long Story, Short!
The ongoing Stacks bearish pattern keeps STX at $1.45, leaving investors uncertain about whether the decline will stabilize or worsen. At the same time, the ENS whale influence highlights a common market reality—major players have the power to shift trends, often leaving smaller investors with little control.
However, Web3Bay takes a different approach. Its decentralized e-commerce platform aims to create a fairer environment, where early participants have a real opportunity to benefit, with an expected 6,430% ROI at launch.
While Stage 1 investors of this web3 cryptocurrency are positioned for significant returns, Stage 4 buyers still have a strong chance of securing a 4,200% ROI by launch. However, as each presale stage progresses, entry costs increase, reducing the overall profit potential. Acting fast is key to maximizing returns.
Join Web3Bay Presale Now:
Presale: https://web3bay.io/buy
Website: https://web3bay.io/
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