$ETH ➡️$6,000,000,000 in #ETH shorts will get liquidated at $4K. #ETH whales are buying like crazy. #ETH ETF trading will happen within 10 days. 1M ETH has been withdrawn from exchanges this past week. All of this is signaling an ETH pump, which will rekt bear.
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It's important to note that confirmation of a sustained uptrend is necessary for the bullish scenario to play out.
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➡️XRP's price has been trading within a range recently, suggesting a period of consolidation.
Almost we are near to breakout.🛡
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➡️A bullish wedge pattern, which can indicate a breakout, has been identified. Bullish Scenario:
➡️If the price breaks out above the wedge's resistance line (upper trendline) with good volume, a significant price increase could be expected.
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➡️falling wedge has been identified on the 2-hour timeframe chart. This pattern often precedes a price upswing.
➡️If the price breaks out above the wedge's resistance line (upper trendline) with good volume, a significant price increase of over 50% could be expected in the coming days
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• Mt. Gox will start distributing $BTC and $BCH repayments in early July 2024. Approximately 65,000 BTC/BCH will go to individual creditors, less than often reported.
• $BLAST - Blast have created the Blast Foundation, and the details of the Blast Vision will be announced on June 26.
• $CQT - Covalent has teased that a new product will be announced on June 26.
• $GLM - Golem Network will announce a significant update on this week. This could pertain to strategy using ETH reserves to generate yield.
• $JUP - Jupiter has launched Jupiter Swap V3. The supply reduction, jupiaries and ASR extensions proposals, vote will be in July.
• $MNDE - Marinade DAO has approved unlocking a 26M MNDE budget to onboard three market makers for MNDE liquidity.
• $SPEC - Spectral Labs has teased that the upcoming launch of Syntax V2.
• $TON - Pantera Capital @dan_pantera, continues to actively promote Toncoin.
• $UMA - UMA Protocol has hinted that a unique announcement is coming soon. (Oval + @redstone_defi = ?)
• Jump Crypto President @KanavKariya steps down after six years at Jump Trading. $LDO
• WikiLeaks founder Julian Assange set to go free after 5 years in prison under a plea deal with the U.S. $JUSTICE
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"Bitcoin ($BTC ) has maintained a trading range between $60,000 and $70,000 over the last four months. Until Bitcoin breaks out of this range, it is advisable to observe and wait. A move above $70,000 could initiate a bullish trend of 30-40%. Conversely, a drop below $60,000 and the weekly EMA21 might lead to a decline towards $50,000. Bitcoin currently stays within this range, with bullish sentiment prevailing."#Crypto #Bitcoin #BTC #BTCUSDT
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👉I know this period is challenging for altcoin holders, with prices down 40-50%. However, let's not forget the significant gains made over the last 7-8 months (since October 2023).
👉From October 2023 to March 2024, altcoins performed very well, but the past three months have been a correction phase, which is healthy for the trend.
Corrections are necessary, and it seems altcoins have now completed their correction and are ready to bounce back. If you missed the last altcoin rally, now is a great opportunity. Buy the dips and hold for the next 4-6 months. Q3 and Q4 are going to be epic for altcoins.
#Crypto #Altcoins
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👉 #Binance hit with $2.2M Fine by FIU India for violating AML rules
👉 MicroStrategy bought another 11,931 Bitcoin ($786 million) for ~$65,883 per #Bitcoin
👉 Sunny Leone launched a meme coin, $SUNNY, and then rugpulled the investors.
👉 Michael Dell, 14th richest person in the world and CEO of Dell, posted picture of Bitcoin
👉 Donald Trump's former advisor says the president and his son haven't launched a #memecoin
👉 Tether, the world's largest stablecoin launches new synthetic dollar backed by gold
👉 $820 billion Standard Chartered Bank to establish a spot trading desk for buying and selling Bitcoin and Ethereum
👉 SEC permanently suspends its investigation into #Ethereum
👉 Gemini's founders, the Winklevoss brothers donate 30.94 Bitcoin worth $2 million to Donald Trump to "put an end to the Biden Administration's war on crypto"
👉 T-Mobile's parent company, Deutsche Telekom, announced plans to mine Bitcoin
👉 SEC's head of crypto asset enforcement division resigns
$WIF Everyone in bearish at Wif meme coin. Market makers continue to dump this shit due to long positions. They dont want us to ride the upward rally. Please be patient and hold. it will out perform shib & doge in this bull run. I'm bullish on #wif for long term. You can open long here with tight stop loss.
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$BNB $SOL $XRP Recently, some people have put forward the view that "there will be no alt season from now on", but I think the alt season will exist in every round of market cycle.
The alt season is not an independent season, but a part of the market cycle. In each round of market cycle, the launch time and form of altcoins may be different, but their existence is inevitable.
Take the stock market as an example. After the bull market led by large blue chips starts, profitable funds tend to turn to small and medium-sized stocks, and the same is true for the currency circle.
In addition, judging from past market performance, altcoins have shown relatively stable resilience in the process of coin prices bottoming out.
When the decline of altcoins gradually stabilizes, or even begins to stop falling, it often indicates that the end stage of the overall market correction is coming. For investors, holding altcoins does not necessarily mean facing huge risks. As long as altcoins do not have high leverage, the possibilities in the future are still unlimited.
We can look forward to the arrival of a new surge and find investment opportunities in it. Although there are risks in the altcoin season, there are also huge opportunities. Investors should look at altcoins rationally, grasp market trends, and choose high-quality altcoins for investment. #btc #eth #sol #bnb