🪙 Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund
Ethena plans to launch a new stablecoin called $UStb, backed by BlackRock’s tokenized U.S. Treasuries fund, BUIDL
Ethena’s existing decentralized synthetic dollar, $USDe, has grown to become the fifth-largest stablecoin, with a $2.6 billion circulating supply
Source | Official announcement
$ENA price rose to ~$0.35
🫡
🐹 So, Hamster Kombat was listed!
I sold my $50 AirDrop (clown emoji here), but buying with some serious volumes $HMSTR token in the $0.008 - $0.009 price range.
I strongly believe that once the sell pressure is gone, the price will return to $0.01+ levels.
Don't recommend rushing into leveraged positions, the volatility is insane there. X2 lev is max of what is possible to consider there.
🔥 JUST IN : Plan B predicts that #Bitcoin💰 will reach $1 million within the next 9-12 months.
That's Something Bold I Heard Today 😳
$MSTR is beating 100% of the S&P 500 with #Bitcoin
$MSTR alone now holds 1.3% of the total #Bitcoin supply
BTCUSDT
Direction : SHORT
Leverage: 10x
Sell : 63400 - 63600 - 63800
TP1 : 63200
TP2 : 62900
TP3 : 62400
TP4 : 62000
TP5: 61500
TP6 : 61000
SL : 64000
#ASTO is looking good for a trade.
However, we might see a small price correction first, and after that, we will take our entry into this coin.
Buying Range:
$0.0011 to $0.00098
Short-term Target:
20% to 30%
Long-term Target:
50% to 80%
REVIEW BITCOIN
For the first time in months $BTC has formed a higher low! Moreover, after FED cut the price has broken the horizontal resistance!
Now it's vital to:
1⃣ Hold the price above blue zone
2⃣ Make a higher high above $65k
After that the trend will finally become bullish! My targets for longs are on the chart 🫶
After FED cut by 50bps, the market finally is free of any resistance!
SPX index in at new ATH, driving the whole stocks market higher. $BTC reflected well, so did altcoins.
💚 Finally some green candles?
It's been 152 days since the last Bitcoin halving.
The last bull market cycle started 160 days after the halving.
Bitcoin performed exactly as I mentioned.👍
The price pumped up to $60,000 and faced rejection there.
The price might drop a little more, possibly around $57,000.
This is going to be a huge week! US FED rate decision and FOMC conference on Wednesday will blow up the market 🤯
This is first time in a while when no one really knows the outcome: Powell can even keep the rate unchanged! Thus, the decision is not yet "priced in" as previous ones. The process of pricing in will take the whole week!
October has been bullish for crypto every single time in the past 5 years
Why would this time be different?
🚨 Bitcoin's Hidden Secrets: The Wyckoff Method 🟠💹
Ever wonder why Bitcoin rockets up just after you sell? Or crashes right after you buy? 😫 You're not alone.
The truth is, the big players—whales 🐋—are moving the markets, and they don’t want you to know how!
But guess what? There’s a method to decode their moves, and it’s called the Wyckoff Method. 📈
🔍 Wyckoff’s Method Simplified:
Bitcoin moves in cycles, and these cycles are driven by smart money (whales) and retail traders . To understand this, let’s break down the cycle:
1️⃣ Accumulation:
The whales 🐋 start buying quietly after a big drop, while retail traders think Bitcoin is “dead.” Little do they know, this is when the *big move* is coming. 👀
2️⃣ Markup:
Bitcoin starts pumping 🚀—whales already loaded up, and retail traders are now rushing in, hoping to catch the ride. The bull market is in full swing, and everyone is feeling *FOMO*!
3️⃣ Distribution:
Bitcoin reaches its peak 🏔️. While retail traders are still buying, whales are selling at these high prices. We all remember that $60k BTC? This is where many people got trapped. 😬
4️⃣ Markdown:
Bitcoin crashes. Whales have already cashed out, and retail traders are left holding the bag 🥺 as the price tumbles. That’s why you see so many people selling at the bottom. 😢
🛑 Don’t get caught chasing! 🛑
📈 By mastering the Wyckoff Method, you’ll understand when Bitcoin’s about to take off or when it’s time to exit before a big drop. You don’t have to guess anymore!
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The only thing you need for $SOL is $140 mirror level. Just buy the retest and hold tight.
Читать полностью…😒BingX Exchange Hacked.
➡️Deposits and withdrawals are temporarily paused and services expected to restored within 24 hours.
Arbitrum (#ARB) Breaks Out of the Falling Wedge which is Bullish pattern..
If ARB continues to follow this trend, we can expect a bullish move in this coin! 👍
📈 Entry Zone: $0.55 to $0.51
🎯 Short Term Target: 20% to 30%
🚀 Long Term Target: 100% to 150%
🇺🇸 BREAKING: Federal Reserve Cuts Interest Rate by 50 BPS, first time in four years.
Читать полностью…BlackRock published a great Bitcoin report Key chart 📉: “BITCOIN’S LONG-TERM PERFORMANCE”
The chart shows Bitcoin’s price movements from 2010 to 2024, highlighting four major bull and bear cycles:
• First Cycle: 592x gain, -93% drop.
• Second Cycle: 555x gain, -84% drop.
• Third Cycle: 104x gain, -83% drop.
• Fourth Cycle: 21x gain, -77% drop.
👨🏻💻 REVIEW BITCOIN GLOBAL
Some hopium for survivors! Last few months were absurdly bad for crypto market, especially for altcoins. $BTC also did nothing, just lower lows and lower highs with no significant moves.
This pattern is really similar to year 2019! That time $BTC also pumped hard only to slowly bleed back down. It makes more sense when you compare the stochastic RSI: look how overbought oscillator slowly comes back to middle of the zone, only to strike back hard!
⏰ According to the pattern, we are coming close to the culmination of boredom and depression. Are you ready for the action?
#BTC EMA21 update
So, it’s the second half of September we’re still consolidating below the EMA21 (as expected)
IMO we’re gonna flip it soon 📈
$BTC dominance is at the highs. Hard to imagine that despite thousands of new altcoins, $BTC not only holds the dominance, but increases it!
As we come to magical Q4 with US elections and possible FTX redeem, I tend to believe in altseason. I'm tired boss 🙏