👨🏻💻 $ETH UPDATE
Unlike Bitcoin, #ETH looks almost bearish 🤦♀️ Weekly candle might close in red and the sweep of the support was soooo deep!
Anyway #ETH is also in range and I don't think that bears will be able to dump the price below $2500. Grayscale ETF outflows are almost done, inflows in Blackrock and other new ETFs are stable! Technically speaking, #ETH is great to buy here!
Remember though that #ETH is much weaker than #BTC and there's no point in having more #ETH exposure than #BTC.
ARBITRUM (ARB/USDT) Chart Analysis:
🔹 Liquidation Sweep: ARB has recently hit a high liquidation zone, wiping out all longs that were opened near the top. Even those with lower leverage positions have been liquidated, pushing the price into a very deep dip.
🔹 Accumulation Zone: This dip presents a strong accumulation opportunity in the spot market. I'm starting to accumulate ARB between the $0.58-$0.4 range.
🔹 Resistance Levels:
Major Resistance 1: $0.8
Major Resistance 2: $2
Should ARB break through these two key resistance levels, we could potentially see the price rally to $5-$8.
🔹 Investment Strategy: I've initiated my buy orders, and my target is set at $5. After losing the $1.84 support, ARB has dropped by 77%, which marks an 82% decline from its all-time high (ATH).
🔹 Bull Run Expectation: In the current bull run, I am aiming for a potential 10x return on ARB. This could be a prime opportunity to position for significant gains.
You still have time to join and do the tasks 👀😉
🐶 #DOGS
The DOGS Projects will be listed on Bybit, Gate, and Kucoin on August 14. More information will be available very soon.
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#DOGSCommunity
A "death cross" is about to occur in Bitcoin.
This happens when the 50 M.A crosses below the 200-day M.A.
It's considered a bearish signal, suggesting the price might drop.
In the past, when this happened, Bitcoin's price usually fell.
If Bitcoin follows this pattern again, the price may fall.
Only 4 days left to claim free Dogs coin. Just open and claim ✅
On August 14th it will may announce listing. Then it will not be possible to claim. So do now 👍
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Price always oscillates between internal range liquidity & external range liquidity
IRL → ERL (Continuation setups)
ERL → IRL (Reversal setups)
It doesn't matter what entry type you use, they overlap regardless. Find the draw on liquidity and execute with managed risk ↓
#CryptoEase
$SOL is holding up very well
Ironically, we got that Fake out in 5 days after I dropped that possibility 😅
Anyway, now I’m even more convinced that $SOL is gonna break out relatively soon and reach my $300 target 🚀
‼️BREAKING NEWS: After 6 long years celebrations are in order for Ripple and XRP‼️
Today marks the end of the SECs attack on the Crypto space confirming XRP is not a security, this is a massive win for the entire ecosystem of Digital Assets and the only question we are left asking is what happens now? Only time will tell but XRP has already moved 20% since the announcement. 👀📈
Most Binance tokens in 2024 have lost value.
Out of 30 tokens listed this year, Only one is showing gains.
Centralized exchanges have become dumping grounds for VCs, with Binance users as exit liquidity.
Click here for more details
Bitcoin ETF Trading Volume Hits $2.1 Billion Today!🚀
The total Bitcoin ETF’s trading volume has gone over $2.1 billion today. Make it the highest trading volume in a Single-day.
🌐Source: WSJ
👨🏻💻 $BTC UPDATE
Fibo retracement is a must check TA instrument after this kind of moves! I believe #BTC will set a local range high between 0.618 and 0.5 Fibo levels!
After range high establishes, #BTC is likely to go down to recent lows. Thus I wouldn't buy just yet, just let the range form to understand the lows and highs!
🇺🇸 FED Rate Cut Speculations — It May Be Coming
Futures on SOFR and Federal funds rate indicate a potential interest rate cut by the Federal Reserve, with SOFR futures suggesting a 25 bps cut by August and a 50 bps reduction by September.
Chicago Fed President Goolsbee emphasized a focus on employment and price stability over market volatility.
🌐Source: Streetfinder
👨🏻💻 $BTC UPDATE
#BTC is trading inside $52k - $72k range for a half of this year. A lot of stuff has been happening: alts were dying, memes popping, stocks pumping... And #BTC is just in flat mode within a 30% price range 😷
However, now we got something! For the first time this year #BTC weekly is about to close in a super strong manner! February levels acted like a solid support and I can only quote Rookie: holy shit, bears are fucked!
We are still inside the range though! Local fluctuations may happen in either side. Still, every pullback is good to buy. Every dip, every FUD, every selloff is a chance to buy lower and you better take it!
The crypto market is growing
BTC Dominance - 55.83%
Market Cap - $2.16T
BTC - $61,095.99 (+1.32%)
ETH - $2,644.1 (+1.92%)
BNB - $530.2 (+4.29%)
SOL - $155.71 (+1.29%)
XRP - $0.5887 (-0.03%)
ZRO - $3.72 (+7.36%)
TON - $6.68 (-0.13%).
Kamala Harris is now leading Donald Trump by 5% points according to political trading market Polymarket
Читать полностью…🐶 If you don't know what to do on this lazy Saturday, go claim your #DOGS drop! There are no mini games or nasty ads, you just open an app and that's it, you got your tokens!
There are premarkets opened on different exchanges, the price is hovering between $0.004 and $0.02. So for my 90k #DOGS I'll get from $360 to $1800, sounds fine for me!
🧐 Why doing this now? There are some rumors that #DOGS will be airdropped on August 14th, this will be Telegram's 10th birthday! You can claim your tokens here: /channel/dogshouse_bot/join?startapp=-obhufG_T5SoOLzgcyqxPw
$15 billion worth of liquidations could happen if Bitcoin hits $72,000.
There are liquidations on the downside near $57,000 that need to be cleared first.
Expect some price drop before another big pump. 🚀
👨🏻💻 $BTC UPDATE
As $57000 - $57500 resistance was broken, #BTC immediately jumped above $60k! The reaction was remarkable!
Still, the price is in boundaries of correction of the big dump, so I wouldn't rush in longs just yet! Retest of $57k looks reasonable to me and provides a long trade with great RR!
One more reason why I don't want to rush is timing: today is Friday and basically anything can happen on the weekend. Let's be patient together 🙏
▫️Bitcoin's price reached $54,000 today but It has bounced back and is now trading above $57,000.
▫️There is a CME gap between $59,000 and $62,000, so the price might go there.
▫️After that, a drop is expected because Trump's chances of winning are decreasing, which could negatively impact the market.
🚨 China is Dumping ETH
Approximately 789,533 #ETH worth $2 billion is on the move from dormant wallets that have been inactive for 3.3 years.
These funds are linked to the infamous Plus Token Ponzi 2. In 2020, Chinese police seized a staggering $4.2 billion in crypto assets from this crackdown.
Here's what was seized:
🔻 194,775 $BTC
🔻 833,083 $ETH
🔻 1.4 million $LTC
🔻 27.6 million $EOS
🔻 74,167 $DASH
🔻 487 million $XRP
🔻 6 billion $DOGE
🔻 79,581 $BCH
🔻 213,724 USDT
It appears that Chinese authorities might be preparing to dump their crypto holdings! 🤷♂️
#BTC has approached the zone where I believe local top should form. Good place to seek for short setups!
Читать полностью…Join official Dogs and get free money 💰
Thank me later 😉
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📌Over $3.8 trillion has now been wiped from the stock and crypto markets within the last week.
➡️This crash is now ranked the largest destruction of wealth in history.
#BTC 2020 vs #BTC 2024
This is very reminiscent of the covid crash in March 2020
Descending Broadening Wedge 🧐