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Arbitrum's total transaction volume on Uniswap exceeds $150 billion 👀 The Ethereum Layer 2 protocol #ARBİTRUM has exceeded $150 billion in transaction volume on the decentralized #exchange Uniswap, marking it as the first Layer 2 to reach this milestone on the DEX, according to a social media post by Uniswap Labs on Monday. ✔️ Blockchain analytics platform DeFiLlama indicates that Arbitrum's total value locked (TVL) stands at $2.64 billion, positioning it as the largest Layer 2 by TVL and the fifth largest overall protocol by TVL, trailing behind Solana, BSC, Tron, and Ethereum Layer 1. 🚀 Ethereum network saw the creation of 196.71 thousand new addresses, on May 4, 2024, marking the largest single-day increase since October 8, 2022, according to #santiment . #Analysts believe this should be viewed as a sign of a 🐂 bullish market. #CryptoWatchMay2024

Arbitrum's total transaction volume on Uniswap exceeds $150 billion

👀 The Ethereum Layer 2 protocol #ARBİTRUM has exceeded $150 billion in transaction volume on the decentralized #exchange Uniswap, marking it as the first Layer 2 to reach this milestone on the DEX, according to a social media post by Uniswap Labs on Monday.

✔️ Blockchain analytics platform DeFiLlama indicates that Arbitrum's total value locked (TVL) stands at $2.64 billion, positioning it as the largest Layer 2 by TVL and the fifth largest overall protocol by TVL, trailing behind Solana, BSC, Tron, and Ethereum Layer 1.

🚀 Ethereum network saw the creation of 196.71 thousand new addresses, on May 4, 2024, marking the largest single-day increase since October 8, 2022, according to #santiment .

#Analysts believe this should be viewed as a sign of a 🐂 bullish market.

#CryptoWatchMay2024

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🟢 Long #PYTH/USDT Entry : 0.4411699 - 0.437283 🎯Targets : 🎯 0.4442365 🎯 0.4534640 🎯 0.4626915 🎯 0.4719189 🛑 Stop : 0.4138729 Leverage : 10x (isolated) #ETFvsBTC #ETHETFS #BTC #BinanceLaunchpool @WISE CRYPTO NEWS
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🟢 Long #LIT/USDT Entry : 1.004 - 0.995 Targets : 🎯 1.011 🎯 1.032 🎯 1.053 🎯 1.074 🛑 Stop : 0.942 Leverage : 10x (isolated) #ETFvsBTC #ETHETFS #BinanceLaunchpool #BTC
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Formation of a great uptrend - #BONK🔥🔥 📌We can observe how after a long downtrend the price starts to form an uptrend channel, within which the concept of position accumulation by a large player is clearly visible. At the moment I am waiting for a very local correction to the 0.786 #Fibonacci level. 📝After the test of the marked level I will open a long position with the target in the breakdown of the resistance zone and the test of the $3.907 mitigation level. 🔜I plan to enter the trade from аcurrent ($3-$2.88) levels. 🛑 Stop loss will be at the level of ($2.5) ✅First take ($3.6) ✅Second takeout ($3.907) When the first take is reached, stop loss should be replaced to the entry price. Reaching the second take will be 35% of net movement. #ETHETFS #ETFvsBTC #BTC
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I am often asked when is growth going to happen, when is the alt season and how do I know it's about to happen? It's simple - Wyckoff's market phases!📈 It's long been no secret that the market goes in a certain structure. Not just cryptocurrency. Any kind. According to this model, there are 4 phases within which we are constantly moving: ⌛ Accumulation Sooner or later, on a long-term downtrend, the selling stops. Price goes in a sideways range that lasts from a few months to a few years. In this range, the big players accumulate their positions, and we should too. 📈 #Uptrend After all positions are accumulated, a major player pushes the price up. The upper boundary of the range is broken on increased volume and this indicates the beginning of an uptrend. Optimally, continue to hold your longs on the spot. 📊 Distribution The phase opposite to accumulation. This is where the big players take profits, slowly, so as not to cause panic. We should start taking profits too. 📉 #DownTrend Breaking through the lower boundary of the distribution range on increased volume. A major player sells off the residuals and exits the market. This is the beginning of the bearish phase in the market. It makes sense to completely close all your long positions and start working with #shorts . Back to the question of how I know we are about to start rising.... We are coming out of the accumulation phase in many altcoins and starting an upward move. Cyclicality, folks! #ETFvsBTC #BTC
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#BTC 1w & 1d & 4h UPD 1w - at the moment we have no changes here, because the ideal zone for joining the long is the weekly breaker block, it is also the safest, but not everything is so clear, because on the lower timeframes we have a long formation. 1d - the price has successfully returned to the range, which means only one thing, that the current target is the upper boundary of the range of $73840, there is also the historical maximum. 4h - the zone of buyer's interest to join the long from the previous breakdown is still relevant, so do not hurry with deals, if by Monday will update the local maximum, it will look for an entry point higher, which will be reported in the breakdown accordingly. #ETFvsBTC #BinanceLaunchpool #ETHETFS #BlackRock
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