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USDT Dominance a W-Bottom formation which Altcoins Dominance produced a Bearish Flag💁♂️
We are going to see more selling in short-term I think📉
Ethereum is currently forming a symmetrical triangle pattern, with the price reaching its trendline support.
If it breaks down, the price could drop near $2086.
To regain bullish momentum, Ethereum must hold above this support and reclaim its position above the 50MA.
🚨 Big Whale Making Millions! 🚨
A whale shorted $ETH with 50x leverage and now has $73.5M in unrealized profit! 😱💰
🔹 Short Entry: $3113.50
🔹 Current Price: $2138
🔹 Profit: $73.5M
🔹 Liquidation Price: $3378
🔹 Wallet Address: 0x20C2d95a3Dfdca9e9AD12794D5fa6FaD99dA44f5
This whale is still adding more shorts! Will #ETH drop more? 🤔
What do you think? Long or short? Comment below! 👇
#Ethereum
$TON fell outside the global top 20 by marketcap.
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As Trump said: Tomorrow night will be big 👀
Le Eth dropped below $2000 for the first time since dec 2023 😂
Bitcoin got rejected from the trendline and dumped back below $84,000.
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620 million dollars worth of shorts liquidated so far
Shorts rekt now after longs 😂
We had our usual red flag, but ignored it. $BTC at $80k is what we deserve.
That was on January 30th btw.
🔜BTC just had its worst drop in 10 years, and ETH recorded its worst February ever 🥶
🔜Right now, ETH is down (-32.7%) in Q1/2025. only Q1/2018 was worse (-46.6%)
🔜If March stays red, a new record might be set. 2025 is the toughest post-Halving year so far.
🚨🇺🇸 Michael Saylor says, “Sell a kidney if you must, but keep the Bitcoin.”
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REVIEW ETHEREUM GLOBAL
I know, I know, it's trendy to trashtalk $ETH, as it's price is still in early 2024 range. However, you can't deny that ETHBTC is at macro support level and this is still the only altcoin with a working ETF.
$ETH chart is so much easier to trade than $BTC! Just look at this $2130 support level begging to be faked! Something like dump down to $2k and bounce back above $2130 gives an opportunity to go long with stop loss at $2k and target at $4k! RR is around 15, insanely juicy trade!
What's even better is that this trade won't be crowded. Crypto community has already buried $ETH and nobody will be ready for a quick doubling from $2k to $4k!
🚨🚨120M Dollars Liquidated in Last 1hr 🤯
What’s happening with market 🙃
President Trump orders the US government to explore new ways to buy more Bitcoin for reserves.
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Trump's Executive Order:
1) Establishes a Bitcoin-only Strategic Reserve
2) Directs a full audit of crypto held by Government
3) Altcoins seized by Gov are now part of a US Digital Asset Stockpile
4) The Government won't purchase any altcoins
5) Treasury and Commerce Secretaries authorized to develop strategies to purchase additional Bitcoin
Gold is outperforming the S&P 500 in 6 of the last 7 years.
Stock market returns are not as impressive as many had hoped.
Nice bounce! MA200 did its job again 💪
But I don't think we're out of the woods yet.
IMO we're gonna test it one more time
The 50x lev hyper liquid insider is now up $10.5m by shorting right before trump announced tariffs.
Longed before crypto reserve tweet and shorted before tariffs.
Must be someone or a fund close to trump.
📉 Brutal February for Crypto! 🚨
🔻 Bitcoin ($BTC) dropped 17.39%, making it the worst February in the past decade!
🔻 Ethereum ($ETH) plunged 31.95%, marking its worst February on record!
Market volatility is at an all-time high—are we at the bottom, or is there more pain ahead?
Tether minted 1 billion USDT on the Ethereum blockchain.
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WOW THIS IS MASSIVE!!
TRUMP HAS JUST SIGNED EXECUTIVE ORDER TO CREATE A CRYPTO STRATEGIC RESERVE TO INCLUDE XRP, SOL, AND ADA!
BULLISH FOR CRYPTO
President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry
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#BTC/USDT
LONG Position 🟩
Lev : 5x
Buying Price - DCA
1) 79500
2) 78000
3) 76500
Targets 🎯
1) 84500
2) 87800
3) 92000
4) 94000
🚫Stop loss : 75500
$215 million liquidated from the cryptocurrency market in the past 60 minutes
More blood
Top coins with the biggest increase in whale activity over the last 24 hours.
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REVIEW BITCOIN GLOBAL
There are two global support zones: $67k - $73k zone and $87k - $89k zone. I don't really see a point to dive right into $70k, as there were "only" $1.2b of longs liquidations in the last 24 hours - that's not much! People lost a ton of money during February, and they are desperately waiting for a bear market to start, because this way they won't look stupid.
Moreover, I've seen a lot of bears bragging in Twitter like "oh don't you short the long-lasted $90k support duh" and this sentiment is all over the place. I see the fakeout of $87k level as a resolution: bears will get even more horny and add fuel for future bounce.
I wouldn't try to catch the knife though, best plan is:
1️⃣ Watch $BTC dip under $87k
2️⃣ Wait for a bounce and at least 4h candle closure above $87k (or even above $89k)
3️⃣ Go long with a tight stop loss and $95k target ($102k target as a bonus)
☠️ And if I'm wrong and $BTC never bounces there... Well, $70k is always there to bid!