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AI Trade Going Well Hope We Get Good Profit
AI Trade Going Well Hope We Get Good Profit
LIVE
Zaidi Traders
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#AI
Long
Entry. 1.0070
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1.05
1.08
1.10
Sl. 0.9441
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Link Trade Going Well Hope We Get Good Profit
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#LINK LONG TRADE ENTRY: 16.88 TARGETS: 17.2-17.6 - 18.5 STOPLOSS: 16.45
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Market Alert: Brace for Volatility in the Next 72 Hours - Protect Your Trades Now! Golden market ahead ! In an unexpected twist, the likelihood of the Ethereum ETF's approval has skyrocketed from a mere 10% to a compelling 75% overnight. This seismic shift could catalyze a transformative phase in the cryptocurrency market, placing Ethereum and associated projects in the spotlight. As the ETHSpot ETF inches closer to approval, certain projects become particularly intriguing. 2024 ETH-Beta Watchlist: $PEPE: Emerging as the new king of meme coins $PENDLE: Leading the charge as a top bluechip DeFi $ENA: Positioned to be a prime beneficiary of the $ETH rally $METIS: Gaining traction in the "Low Float/High FDV" debate $ETHFI : Innovating as a super app for restaking $ALT: Pioneering restaked rollups (RaaS) $REZ : An emerging lowcap restaking hub $MKR: Undergoing rebranding/redenomination in its "End Game" $OP: Supported by Coinbase and Base chain as a prominent L2 $ARB: Dominating with the highest TVL of Layer 2 solutions $LDO : Transitioning to restaking, backed by Paradigm $ETC: Standing as the PoW Ethereum $ENS: Endorsed by Vitalik as 'super important' $SSV: The only liquid DVT $UNI: A staple in the Ethereum OG DeFi Since September 2022, Ethereum ($ETH) has shown prolonged market weakness, causing its ETH/BTC ratio to plummet. However, the imminent approval of the Ethereum ETF could reverse this trend, igniting a significant alt season with ETH-Beta projects poised to capitalize on the ensuing momentum. Narrative-based trading, leveraging the collective sentiment of investors, suggests that when the market consensus is overwhelmingly one-sided, the unexpected often happens. The potential rise of ETH/BTC with the ETF approval could indeed trigger this market shift.
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How Did Mog and Pepe Perform? The heightened chances of spot Ethereum ETF approval greatly impacted various Ethereum-based altcoins, especially memecoins. The cat-inspired Mog (MOG) token, which gained popularity on TikTok, saw a nearly 50% surge, while the frog- themed Pepe ($PEPE ) climbed more than 20%. Since their launch in 2023 on Ethereum, MOG and PEPE have become notable players in the memecoin market, joining the ranks of Dogecoin ($DOGE ) and Shiba Inu ($SHIB ). The burgeoning interest in these tokens underscores the broader influence of potential ETF approval on the Ethereum ecosystem. Beyond memecoins, utility altcoins within the Ethereum network also posted significant gains. Lido's token (LDO) rose by 15%, and Arbitrum's token (ARB) increased by 18%. DOGE and SHIB experienced modest gains approximately 6%, reflecting of the widespread impact of the anticipated ETF approval. Why Are Memecoins Thriving? Memecoins often serve as leveraged bets on their underlying blockchains' growth, reacting strongly to news related to the ecosystem. Viro, a core team member of MOG, commented that well-established memes like MOG are considered high-beta assets for Ethereum, attracting investors with substantial price appreciation potential. He indicated that MOG's strong performance relative to PEPE suggests more growth potential, making it an appealing investment in the memecoin market. #MemeWatch2024
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Take the money out any time you think it's done. Do not marry a coin, There will be countless opportunity. Everyone can make money during the bull market. The real struggle it not losing your profits and 90% will fail to do that they will keep watching the money going up and then coming back down to same value where they started. $BTC $ETH $BNB #ETHETFS #altcoins #BlackRock #btc70k #buythedip
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