In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on copy trading strategies.

 benefits both new and experienced crypto traders. It allows traders to maximize profits without devoting time to uncover the nuances of the crypto market. By selecting top traders to follow, traders can copy their activities and enjoy comparable results.

, provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Aug 30, 2024, were three distinguished guests:

Join us for this episode along with moderator Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, as we explore Copy Trading.

Copy Trading Unleashed: Your Path to Passive Profits

Anson Tan discusses the differences between the two Bybit copy trading apps. He prefers 

, which is significantly different from Copy Trading. With Copy Trading Pro, the Master Trader handles the funds, which eliminates time delays and the need for the trader to sit in front of the computer.

Ether Chen explains Bybit Copy Trading as a way for new 

 to expand their influence and reach new users. Investors can choose which Master Trader to follow. Some are boosted traders, which means that their users get a 10% boost if the Master Trader is wrong.

Chen also discusses the differences between the traditional platform and Copy Trading Pro. The former requires a considerable amount of analysis. Investors can choose a Master Trader based on their risk tolerance, and receive trader alerts via notifications. Meanwhile, Copy Trading Pro establishes the Master Trader as an asset manager. In order to access their funds, traders must redeem their shares.

Trade Like a Pro: Insider Strategies from Top Bybit Traders

Ilia Petrov uses AI in different ways for his trading strategy. In addition to moderating risk through AI, he uses diversification to produce a smooth return without major dips. This type of trend trading has been profitable for him, with less exposure to risk.

Tan emphasizes the importance of choosing a Master Trader. When Copy Trading, he chooses a more aggressive Master Trader. With Copy Trading Pro, he prefers more stable Master Traders. Tan expects a monthly return of up to 20% for Copy Trading, and up to 6% for Copy Trading Pro.

Petrov has different strategies for beginners and experienced traders, as well as different strategies based on risk and return. His strategies are communicated to his users via social media and chat. All of his AI strategies have been backtested.

Chen recommends that newcomers avoid looking at growth over just the past few days. Instead, he recommends looking at a time period of 14 to 30 days, which enables a more stable return. He also recommends paying attention to leverage and frequency, based on risk, when copying a Master Trader.

Chen explores how Bybit’s two copy trading platforms work. After choosing a Master Trader on Copy Trading, users can select a sync function to copy that Master Trader’s settings. Then, Followers can select how much money they want to invest. After submitting the funds, the setup process is done. Followers can then view a dashboard showing the Master Trader's activities.

Bybit vs. Others: What Sets Our Platform Apart

Bybit stands apart from other platforms in several ways. As an example, Chen cites Bybit’s user-friendliness, such as the two-step process to set up copy trading. Petrov appreciates the fast setup process, both to connect with Master Traders and to disconnect from them.

Chen discusses several features that differentiate Bybit from other copy trading platforms, including SyncMaster, a feature that allows the Master Trader to easily align with all followers. Bybit’s wireless management system is another distinguishing feature, available exclusively by invitation. An additional feature — copy trading protection — encourages new users to try copy trading by covering losses. Finally, existing loss coverage gives experienced copy traders an element of loss mitigation.

Petrov doesn’t make adjustments to his strategies based on user feedback and requests, stating that his strategies have been time-tested. Making changes to them could result in the risk of loss. He does, however, create new strategies. Petrov adds that he’d like Bybit to expand its analysis of a Master Trader over a longer period of time.

Bybit’s Copy Trading and Copy Trading Pro are combined with multiple special features that make it a standout platform for both new and experienced copy traders to use.

This session of the Learn 101 livestream highlighted Copy Trading. As part of the livestream, Bybit is holding 

 (through Sep 6, 2024, 11:59PM UTC) that offers you a chance to participate in our pop quiz and win Copy Trading bonuses.

Stay tuned for more discussions on the dynamic world of cryptocurrencies!

Intermediate

Bybit Learn Copy Trading Masterclass featured image

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Learn Live ICYMI: Copy Trading Masterclass

In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on how to master technical analysis.

 plays a critical role in making timely and well-informed crypto investment decisions. Identifying indicators that align with your trading style and goals is important. In addition, these indicators must be used in conjunction with independent market research, as well as a deep understanding of macroeconomics.

, we uncover Mastering Technical Analysis.

Joining the livestream on Aug 20, 2024, were two distinguished guests: Markus Thielen, Founder of 10x Research, and Toh Shun Gui, Japan BD Manager at Bybit. Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores Mastering Technical Analysis.

Introducing the Market Sentiments — A Comprehensive Overview

Global economic events shape market sentiment and drive prices. When you know how to analyze market sentiment and volatility, you can position yourself to profit from your analysis of them. Markus Thielen illustrated this by discussing how Bitcoin’s price moved during the most recent Federal Reserve announcement. Initially, Bitcoin rallied around the announcement before seeing a sell-off. Currently, there’s once again movement in anticipation of an upcoming Fed announcement. According to Thielen, technical analysis is about looking at market structure and positioning for macroeconomic events.

Toh Shun Gui, on the other hand, said he believes that, for newcomers, it’s best not to trade when the market is choppy. He deferred to Thielen to show newcomers how to position themselves using technical analysis. Thielen stated that technical analysis allows traders to take advantage of opportunities in a time of risk or volatility by encouraging them to make unemotional decisions in times when fear is high. He uses a 21-week moving average to determine whether or not he should be active in the market at a given time.

Thielen stated that if you don’t make the right call, don’t take it personally. You don’t have to be accurate 100% of the time to make money. Instead, you need to be accurate closer to 55% or more of the time. For 

, try using a smaller amount of your portfolio. Thielen believes that there will be more value investors in the crypto market who buy the dip.

There are signals to focus on when timing market sentiment. Thielen draws attention to the 

. Using technical analysis, he discerns opportunities that begin 250 days before halving and extend 250 days after it. He also points out that the weekly relative strength index (

) eliminates noise present in the daily index, which enables you to see trends. Combining the 21-week moving average with these factors gives you a clearer picture.

Cracking the Code to Find the Best TA Combination

Thielen discussed reverse indicators when trying to crack the code. For example, when you look at the RSI both currently and in relation to the 5- or 7-day moving average, you can see momentum. In addition, you can push the moving average out on a longer time frame.

According to Toh, indicator overload can trigger poor decisions. He recommends finding a few indicators to monitor, based on your personality. Thielen reinforced this approach, remarking that confusion doesn’t enable you to make smart decisions. Find what works for you. If you like to 

, look at momentum indicators. If you’re focused on long-term growth, look at moving average indicators.

Toh pointed out that losing money is actually a valuable experience. It teaches you fundamentals, such as the speed of the market. Thielen suggested that, when finding a strategy that suits you, don’t follow a social media trader. Make decisions and learn from your experiences using indicators that match your interests. Through your own experiences, you can learn about your emotions and understand what kind of trading strategy you need to use. 

According to Thielen, you look at the 21-week moving average in real time. This needs to be taken into consideration with macroeconomic data and world events. An investor must look at the risk and reward for the current conditions. To minimize risk, he recommends using a 

 to protect against losses due to major, sudden events. You can also mitigate loss by limiting how heavily you invest, based on your portfolio value. Having a strategy decreases both stress and the risk of loss related to emotionally motivated decision-making.

According to Thielen, conflicting signals often cancel each other out. However, he added that investors must also look at the big picture in relation to trends and events. Moreover, he recommends reading insights from other experienced investors to learn how they read the signals in given situations.

Technical analysis plays a key role in identifying investment opportunities and aligning your decisions and strategies. Understanding what the indicators are and how they can help you identify opportunities is essential. Regular focus on education and making risk-managed decisions to gain real-life experience will help you apply technical analysis successfully.

This session of the Learn 101 livestream effectively highlighted Mastering Technical Analysis.

As part of the livestream, Bybit is holding an 

 that offers you the chance to participate in our pop quiz and win P2P coupons. The event period is through Aug 27, 2024, 11:59PM UTC.

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Learn Live ICYMI: Mastering Technical Analysis

In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on how to navigate the crypto market.

 in the cryptocurrency market, volatility remains consistent. In the latest livestream session, we look at how you can anticipate a 

 and implement reaction strategies. Both new and experienced crypto traders can benefit from several trading strategies while navigating through the dips.

, we explore how to navigate the crypto market using smart trading strategies.

, provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you missed the livestream.

Joining the livestream on Jul 29, 2024, were three distinguished guests:

Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores current market conditions, smart trading strategies to navigate the crypto market and how to use your knowledge to elevate your financial resilience.

Understanding Current Crypto Market Conditions

When asked about the differences between a market correction and a full-blown fair market, Ionita asserts that the crypto market is relatively straightforward as compared to other markets. Says Ionita, “Use the 200 moving average and see if the price is below that.” He warns not to simply act on a one-day dip. If it’s breaking with critical support, however, that’s a good signal.

, which is currently at 74, shows optimism in the market as compared to July 2021 when the index was at 51. Ionita adds that in a crypto bull market, “We’re greedy as hell for a few months, and there’s no correction.” He uses additional indicators with the Crypto Fear & Greed Index for clarification.

According to Li, the Crypto Fear & Greed Index is a “current indicator for a future time” that needs to be taken into account with upcoming major events. Chen adds that he sees higher short-term volatility in an optimistic market, stating that he’s often a 

Ionita believes that most traders don’t have time to constantly watch for news and signals. For these people, he advised, “Following the trend is the best approach.” He has successfully used this strategy, but adds that it’s important to get out before the trend to take advantage of larger movements. He suggests 

 if you don’t have time to watch the market.

Li admits that he is “a terrible trader in terms of direction” and takes a different approach: he looks at the market's volatility, instead of simply direction. Li believes the easiest strategy for new investors is to buy and hold. Seasoned traders can use different approaches to take advantage of market volatility.

Chen recommends that traders “invest in a large cap and trade within the 

.” He says that risk is moderated when you invest for a longer period of time. Chen describes an investment as holding crypto for anywhere from three months to a year or longer.

In response to one of the questions, Ionita said that one of his biggest concerns about the market is the possibility of a third world war. He mentions that this has a low probability, and that there’s a higher yet still low probability of a successful Trump assassination. These factors could trigger extreme crypto market volatility. Despite the recent correction, he believes a long-term climb is ahead.

Chen is most concerned about the lack of new tech and applications affecting the crypto market. He believes that the market’s growth should be driven by economics as well as internal factors.

Li agrees with Ionita, building on Chen’s comments and citing new 

 in this cycle. However, he adds that “you really don’t see a brand-new sector come out.” We’re seeing major institutional investments, so the market is getting bigger yet smaller at the same time.

Trading Strategies to Adopt During Times of Volatility

 strategies for trading in a volatile market, but he also has a better solution. In fact, he says, “DCA and HODLing are the worst strategies for crypto on the planet.” He recommends portfolio equity management as a better option, and shared his screen to show in-depth how his strategy works.

Li states that he doesn’t do a lot of market analysis. He doesn’t sell at a low point and get back in at a high point, as Ionita recommends. Instead, he chooses to use DCA and continues buying through the last Bitcoin decline. He adds that “you have to do what suits you the best.”

Chen, on the other hand, analyzes market data points to determine his entry strategy. He mentions that he got in a few weeks ago when there was a big dip, his entry based on the 

Enhancing Your Financial Resilience: Practical Applications at Bybit

During times of market volatility, some traders are interested in establishing 

 available on Bybit used for this purpose, with Chen emphasizing that the solutions Li talks about aren’t related to active trading; rather, they’re passive and automatic.

According to Li, “Structured products are derivative and option-based,” making them more sophisticated and complex. Bybit has structured products for use in a volatile market. With 

, you don’t need to worry about direction. Profits are generated from volatility in both directions. Bybit also offers 

 products that protect your assets, as you lend your money to a pool and earn interest when others borrow from it. Several products are also offered for large investors, such as 

This session of the Learn 101 livestream effectively highlights strategies to help you navigate crypto market dips successfully. Identifying market trends and adopting the right trading strategies are essential for thriving during a dip. Bybit’s tools support crypto traders as they stabilize and expand their portfolios during these times.

As part of the livestream, Bybit is holdingan 

 that offers you a chance to participate in our pop quiz and snag 100% APR Boosters. The event period is through Aug 5, 2024, 11:59PM UTC.

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Learn Live ICYMI: Mastering the Crypto Market

In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on the the evolution of tap-to-earn games.

Tap-to-earn games represent an intriguing evolution in the landscape of digital gaming, blending entertainment with real-world financial opportunities. Originating from earlier concepts like farm-to-earn and play-to-earn, these games simplify the earning process to basic actions such as tapping or swiping. This model appeals to a broad audience by lowering barriers to entry and offering a straightforward way for players to earn cryptocurrency, all while engaging in enjoyable gameplay.

 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you missed the livestream.

Two distinguished guests joined the livestream on Jul 11, 2024: Geezee, Head of Gaming at Mantle, and Dirk Pennings, web3 enthusiast. Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, moderated the episode, which explored the evolution and mechanics of tap-to-earn games and included several successful case studies.

The livestream begins with a historical overview of the evolution of crypto gaming, a journey that began with farm-to-earn games (such as 

) in which players would cultivate digital farms to collect coins. These early games laid the groundwork for more complex models, including 

, which combines strategic gameplay with economic incentives and allows players to earn real cryptocurrency through in-game activities. This model revolutionized the gaming industry by introducing a new dimension in which virtual achievements translated into tangible financial rewards.

As Geezee succinctly put it, “The model that we've seen so far is honestly not something very new to the gaming industry: tap idle games (or before, we just called them idle games), where tapping is a mechanic where you can earn from or to kind of grow and progress through the game. This kind of game has already existed probably for at least 10 to 15 years.” 

Emphasizing the fundamental divergence from earlier games, he continued, ”But one kind of unique element for tap-to-earn games is that now instead of just growing your character, or growing your own in-game assets, you're actually able to convert some of these in-game assets at certain proportions through certain mechanisms into real cryptocurrencies that have value in the real world and can be, you know, off-ramped through various different exchanges like Bybit.” 

Unlike their predecessors, tap-to-earn games are designed with simplicity and accessibility in mind. The onboarding process for these hyper-casual games is extremely simple, allowing players to start quickly without needing to buy NFTs or spend money up front. While these games are easy to play and get involved in, earning within them takes time, calculation and a deep understanding of their mechanisms.

Deep Dive Into Tap-to-Earn Game Mechanics

Chua shifted the conversation to the mechanics of tap-to-earn games. The panelists reasoned that these games are fundamentally businesses aiming to monetize, often through user data, ads and sponsorships, rather than direct user payments. To generate revenue and provide earnings for players, they design tasks like quests, daily check-ins and spending challenges to prove user engagement, attract more users, and retain valuable players. 

The games often involve simple actions, such as tapping, merging in-game items or completing basic tasks to progress. This simplicity makes them appealing to a wide range of players, including those who may not have the time or resources to invest in more complex gaming models.

“They need to generate revenue first. And so that's why you would see that in the game design there's always going to be quests involved, there's always going to be different tasks or daily checking activities involved,” Geezee argued. 

These games aim to prove they have real users for bigger sponsorships and ads, attract more users through referrals and social media, and encourage spending within the game. Accomplishing these tasks generates value for the ecosystem, making players valuable users who are then retained through 

 and other incentives. Earning in these games is more about completing tasks and side quests than just playing. 

Geezer concluded: “So for tactical games, one of the most important parts of actually being able to earn from the game is … not actually playing or tapping away, but accomplishing all the different tasks and side quests that are part of the game, because then you become somewhat valuable to them and then to be able to keep you around, they’ll be giving you airdrops and giving you different ways to keep you inside their ecosystem.”

Spotlight on Success: Case Studies of Tap-to-Earn Games

Some of these tap-to-earn games have really taken off, grabbing the attention of players all over the world and showing the potential of this gaming model.

The panelists agreed that while tap-to-earn games are currently thriving, their long-term sustainability will depend upon continuous innovation and strategic enhancements. The simplicity and accessibility of these games make them an excellent gateway for onboarding new users into the crypto space. However, maintaining economic balance and preventing market saturation are critical challenges that developers need to address.

Developers must ensure economic sustainability by creating balanced reward systems that benefit both new and existing players without exhausting resources. Additionally, integrating complex game mechanics can maintain interest and reduce bot prevalence, while strong security measures are essential for guarding against scams. The future success of these games hinges on their ability to innovate and adapt, leveraging blockchain technology to enhance player engagement and financial rewards.

The session wrapped up with a reminder to stay cautious and informed while exploring the exciting world of tap-to-earn games.

 that offers you a chance to participate in our pop quiz and earn a share of the 500 USDT prize pool. The event period is through Jul 18, 2024, 11:59PM UTC.

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Learn Live ICYMI: The Evolution of Tap-to-Earn Games

In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on the AI revolution in crypto.

The integration of artificial intelligence (AI) and blockchain technology is revolutionizing the crypto market. AI is transforming everything from simple automated tasks to complex decision-making systems that now drive financial technologies. This seminal shift is reshaping the way traders interact with markets, enhancing liquidity and opening new opportunities for investor involvement.

, we uncover the implications of the AI revolution in crypto.

 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Jun 24, 2024 were two distinguished guests: 

, and Dirk Pennings, web3 enthusiast. Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores the profound impact that 

 is expected to have on the crypto market, from enhancing liquidity to opening new opportunities for investor involvement.

V kicked off the discussion by highlighting the significant advancements in 

 space, sharing that "One cool combo of AI and blockchain tech is the ability to look at where AI sources its data. Doing so can help us better understand how these AI models retrieve and interpret data." V emphasized the emergence of data DAOs, stating, "AI is basically relying on public data, and once we exhaust all that data, we’ll need to turn to private data. A really cool possibility is how we will become owners of our own data, like private health records, and train AI to organize this data for better insights." He also noted the educational potential of AI, adding, "AI can also help people become coders. For example, I'm studying Python 3.0, and AI assistance is invaluable despite still making mistakes."

Pennings shared his perspective on the foundational aspects of AI in blockchain. He explained, "I'm using AI mostly for my assistance in trading. At Bybit, we have a product named 

 in the chart. The AI keeps learning and improving, and it's quite accurate." Pennings also discussed his personal experience with on-chain trading: "I 

 with an AI tool, which saves addresses and combines all transactions. Following the money is crucial in crypto, and AI automates this process."

The panelists dove into the ways AI is reshaping trading strategies. V highlighted some of the innovative uses of AI in trading: "I've had success with 

, but the first AI bot I tried over-traded instead of just holding the asset." He also expressed skepticism about influencer marketing, noting, "Whenever I see influencers claiming they’ve made significant profits using certain tools, I remain skeptical. The marketing often says more about the tool than its actual effectiveness." He urges users to exercise caution when looking at AI projects that market themselves extensively with buzz words.

Pennings added insights on AI's impact on trading: "AI tools are very helpful for on-chain trading, which can be difficult due to the complexity of data. These tools can flag smart wallets, making it easier to track profitable transactions." He cautions that "We are still in the experimental phase of AI trading. AI tools can over-trade, but they’re useful for 

V shared his thoughts on Bybit's AI tools, such as 

: "Aurora AI shows promise with its real-time P&L dashboard and ease of use." He appreciates the real-time P&L feature, stating, "I love that the P&L is in real time and the dashboard is easy to understand. If I can set this up for numerous tokens and manage them easily, it could be a real time-saver."

Pennings discussed the broader implications of AI tools at Bybit: "AI tools like TradeGPT can help novice traders by providing enriched data analysis and automated decision-making capabilities. This helps bridge the gap between novice and seasoned traders by making trading more accessible." He emphasizes the importance of developing a skill set, rather than relying solely on AI, noting that "AI can complement trading strategies, but traders need to understand the market and develop their own strategies."

V wrapped up the session by emphasizing the potential of AI in crypto trading: "AI as a tool is invaluable, and will become even more so as it evolves. However, it's not a replacement for human traders but a complement to their strategies." He suggested that specialized AI models trained with private data could become more effective in niche markets. Pennings echoed this sentiment, mentioning the need for AI tools to filter noise from real information and make actionable suggestions based on accurate data.

 livestream effectively highlighted the transformative impact of AI on the crypto market, providing attendees with deep insights into its innovative applications, AI-powered trading strategies and the advancements at Bybit that are enhancing user experiences. As the crypto landscape continues to evolve, these discussions are invaluable for anyone looking to understand and participate in this rapidly changing field. 

The integration of AI and blockchain technology promises to drive further innovation, making the market more accessible and efficient for both novice and seasoned traders alike.

As part of the livestream, Bybit is holding 

 that offers you a chance to participate in our pop quiz and earn a share of the 30,000 

 prize pool. The event period is through Jul 2, 2024, 12PM UTC.

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Learn Live ICYMI: AI Revolution in Crypto

In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on the impact of the ETH Spot ETF approval.

As the financial landscape continues to evolve, the integration of traditional finance and innovative digital assets is deepening. A significant milestone in this fusion was the recent 

. These funds represent a major leap in making cryptocurrency accessible through conventional investment channels, mirroring the structure of well-established asset classes. 

 allow investors to buy shares that track the 

 directly on traditional stock exchanges, offering a simpler and regulated way to invest in crypto without handling the actual digital assets.

This development is particularly noteworthy following the 

 of pending regulatory concerns, which has bolstered Ethereum's legitimacy — and could pave the way for increased institutional investment and broader market participation. 

, we uncover the implications of this groundbreaking approval. 

 livestreams, providing you with comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Jun 20, 2024 were two distinguished guests: 

, and Luc van Hecke, Derivatives Lead Product Manager at Bybit. Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores the profound impact that Ethereum Spot 

 are expected to have on the crypto market, from enhancing liquidity to opening new opportunities for investor involvement.

Thielen kick-started the segment by discussing the importance of this new investment vehicle, which allows traditional investors to buy Ethereum through a regulated exchange. 

"It broadens out the investor universe … as long as it's traded on a regulated exchange … everybody can buy it," Thielen explained, highlighting the accessibility and potential for diversifying investment portfolios. “An Ethereum Spot ETF is a big deal because the average investor who has a broker trading account can suddenly also add Ethereum ETFs to their mix. Studies have shown that 

 or Ethereum help the asset allocation mix. Instead of having gold, people can buy Bitcoin; instead of the Nasdaq-100, you can buy Ethereum. This helps broaden the investor universe.”

Following the Ethereum Spot ETF approvals, there was noticeable optimism in the market. Thielen pointed out the pre-approval activities: "People were thinking, ‘Oh, something is happening here.…’ And then of course, four days later [on May 23, 2024], these 19b-4 filings were approved,” not only boosting Ether's price but also increasing market depth and liquidity as investors anticipated new opportunities.

When asked to comment on the difference between investing in an ETF and buying the crypto directly, Thielen said, “One of the main differences between purchasing shares in an Ethereum Spot ETF and directly buying Ethereum is that when you buy directly on an exchange, some people leave it on the exchange, and some bring it to their own wallet. With an ETF, it's all taken care of in a regulated, custodian-friendly environment."

The conversation then shifted to whether the approval of Ethereum Spot ETFs could make way for similar financial products for other cryptocurrencies. "The possibility of a Solana Spot ETF is probably a long shot. Solana can go up and down a lot, but from a trading volume perspective, it's not that large. However, the approval of Ethereum ETFs sets a precedent that could eventually benefit other cryptocurrencies."

In the next segment, the panel discussed changes in market dynamics. Thielen stated, "We've observed that open interest for Bitcoin futures increased from around $8 billion to $12–13 billion, nearly a 50% increase in positioning. This surge indicates that investors are front-running the potential impact of Ethereum ETF approval. There's also been an increase in trading volumes, and bullish sentiment around Ethereum as investors anticipate the ETF launch."

"The approval of Ethereum Spot ETFs is expected to bring significant inflows into the market. If we assume that Bitcoin ETFs have seen around $15 billion in inflows, Ethereum could potentially attract around $3 billion, given its market cap relative to Bitcoin." He furthermore highlighted the potential conversion of Grayscale's Ethereum Trust (ETN), valued at over $10 billion, into an ETF, which could drive significant inflows and support Ethereum's price and market stability. Thielen also advised investors to consider the broader market narrative and positioning, especially with upcoming events like the U.S. elections, which could create a favorable environment for strategic investments.

Thielen also emphasized how the influx of investors might shape market conditions. He noted that the narrative presented by ETF issuers, such as BlackRock's 

, significantly influences investor perception. However, Thielen highlighted the common misconception that retail investors are the primary buyers of these ETFs. In reality, a substantial portion of activity can be attributed to 

 hedge funds, which engage in sophisticated strategies to capitalize on discrepancies between prices in ETFs and the futures market.

According to Thielen, Ethereum could attract more interest from these funds due to its relatively higher funding rates compared to Bitcoin. "The funding rate of Ethereum tends to be actually higher than [that of] Bitcoin," he stated, explaining that this might lead to larger inflows into Ethereum ETFs as hedge funds seek more lucrative opportunities. Thielen speculates that Ethereum Spot ETFs might experience disproportionately higher inflows relative to their market caps, potentially leading to surprising shifts in market dynamics. This influx of sophisticated investment strategies underscores the evolving complexity and growing appeal of Ethereum as an investment vehicle in the wake of its Spot ETF approvals.

Strategic Implications for Traders and Investors

Discussing strategic implications for traders, Thielen commented, "For investors considering adding an Ethereum Spot ETF to their portfolio, it's essential to look at the correlation with their existing investments. Ethereum offers a different value proposition compared to Bitcoin, which is often referred to as digital gold." 

Thielen noted that although Ethereum has performed well, it hasn’t outperformed Bitcoin significantly over the past 18 to 24 months, suggesting that investors need to be mindful of the narratives driving the market.

Thielen also pointed out that market structure and positioning are crucial. He raised concerns about whether the market might be overextended, especially in futures, where there’s been a significant increase in open interest relative to the actual price movement of Ethereum. This mismatch could pose risks if not adjusted by actual inflows following the ETFs’ approvals. Understanding these dynamics — events, risk, market positioning and the underlying narratives — is essential for investors considering Ethereum Spot ETFs as part of their portfolios.

Hecke joined the discussion later, providing his insights on strategic implications for traders and investors. "Short-term traders should consider positioning themselves for volatility around significant events like the approval of the Ethereum Spot ETF. Strategies involving options or structured products can be effective in capturing gains from expected market movements."

Thielen then expanded on the discussion, pointing out the current low volatility, which is unusual for such significant market events. He noted that the actual 30-day realized volatility for cryptocurrencies like Bitcoin and Ether is much lower than the historical average, suggesting a prime opportunity for speculative strategies. He emphasized the importance of being prepared for sudden market movements, which could be triggered by ETF listings or external economic factors, such as interest rate changes by the Federal Reserve.

When asked about the evolution of crypto ETFs and their impact on the regulatory landscape, Hecke highlighted the significant role that regulatory bodies like the SEC play in monitoring these financial products. He stressed the importance of these entities in overseeing ETFs, both before and after their listings, in order to prevent market manipulation and ensure compliance with financial regulations. This scrutiny is vital, not only to maintain the integrity of financial markets but also to protect investors from potential market abuses.

Hecke also pointed out that Spot ETF approvals could lead to increased market volatility, and emphasized the necessity for traders and investors to be well-prepared for these fluctuations. He suggested using advanced trading strategies, such as 

 to manage or benefit from the expected volatility around ETF listings and other high-impact events. These tools can help investors mitigate risks and potentially profit from market movements during periods of uncertainty.

 livestream effectively highlighted the transformative impact of Ethereum Spot ETFs on the market, providing attendees with deep insights into the regulatory, strategic and market dynamics involved. As the crypto landscape continues to evolve, these discussions are invaluable for anyone looking to understand and/or participate in this rapidly changing field.

 that offers you a chance to participate in our pop quiz and earn a share of a 75,000 

 prize pool. The event period is through Jun 27, 2024, 12PM UTC.

Stay tuned for more discussions on the dynamic world of cryptocurrencies — and don't miss our next session on Jun 24, 2024, 8AM UTC, where we dive into the 

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Learn Live ICYMI: How Ethereum Spot ETFs Will Rock the Market

In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on how to trade meme coins. Learn more here.

As the cryptocurrency market experiences a robust 

 have emerged not just as playful investments but as trading opportunities that can yield substantial returns. This burgeoning sector, powered by social media influence and community hype, has prompted many to master the art of trading these volatile yet potentially lucrative assets.

, we uncovered the trading strategies employed by meme coin millionaires, revealing how they leverage 

 and community-driven momentum to capitalize on these unique digital currencies. 

 livestreams, supplying you with comprehensive expertise and insights from leading figures in the crypto industry in case you missed the livestream.

Joining the livestream on Jun 6, 2024 were three distinguished guests: 

), web3 addict; and Dirk Pennings, web3 enthusiast. Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores how the intricacies of meme coin trading could be your gateway to significant gains.

The opening segment of our livestream delved into the strategies essential for trading meme coins, whereby technical analysis meets keen community engagement. Anders highlighted the significance of early detection in identifying promising meme coins. He shared his unique four-step process, which begins with assessing the community's engagement and the coin's visibility. Notably, he shared a distinctive approach that involves using Google Keyword Planner to determine the search volume for a coin, emphasizing, "If there are between 100 and 1,000 searches, I’ll move to the next step and do more in-depth analysis of the coin."

Anders also stressed the necessity of verifying whether a coin is a honeypot in order to avoid scams, reflecting his thorough due diligence process. His strategy is designed to gauge both the initial hype and the sustainable interest in a coin, crucial for long-term investment decisions.

Aldo contributed his expertise in technical analysis, specifically on the importance of understanding 

 levels. He explained, "A lot of these meme coins, some of them go up and then they go all the way to zero. But some of them go down a lot by 70 to 80%, [and] hit off major kinds of support" before potentially rising again. 

 to identify potential support and resistance levels during price fluctuations. Aldo also likened trading meme coins to gambling, due to their unpredictability, and warned of risks such as "

 and other shady stuff," advocating for caution among traders.

Anders and Aldo’s insights provided a comprehensive look at the tactical approaches to trading meme coins, blending rigorous analysis with practical tools and cautionary advice to help you navigate this volatile segment of the cryptocurrency market.

In this hands-on session, panelists demonstrated live how they analyze current meme coins. 

Anders began by explaining his approach to gauging community interest and market dynamics, emphasizing the critical role of community size in predicting price movements: “If it’s a big community, the price will usually go up. But I also track the buying pressure and selling pressure like a hawk.” He noted the importance of maintaining a balance in which "buying pressure needs to be a bit above selling pressure,” which typically leads to an increase in price. 

In addition, Anders introduced viewers to advanced AI-based tools he employs — specifically, 

, which help him analyze these market pressures more effectively.

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