#Bitcoin and Ethereum Update; #EarnFreeCrypto2024
Good night friends, I wanted to update with a general reminder, let’s see what our current situation is together.
As you know, we are left alone with our own whales and we usually have a volumeless weekend because the weekend spot etf and cme terms are closed. This was the case this weekend, this process ends as of 01:00 CME futures open at 01:00 CME closing on Friday, 69,080, that is, 01:00, the volumeless market place can leave a volatility market, the direction is currently uncertain, but it seems that there will be a gap above because the price is around 68,300 while I am sharing. Therefore, we should have one eye on 69K, there is a possibility of trying because the gap is left in that area.
Let’s update the spot side;
On the spot side, Coinbase and Binance have advanced horizontally over the weekend, they have not received a buy or sell-oriented action, so they are not in a position to help us show an estimated direction. After the opening of the CME, there may be changes here, that is, we can see changes during the night, including in the morning, if there is a change in the morning according to the purchase or sale direction, we will update again. The Coinbase side has spent the 71K process with many sellers, we will follow the situation where they can take purchase-oriented transactions before long after spending too many sellers.
Coinbase Spot;
Binance Spot;
Interestingly, on the ETH side, buying by Coinbase continued to be made at the weekend. Although it is not reflected too much on the price of ETH, this situation still maintains its positivity, so it continues to maintain the strength to target higher. The progress of this process without selling on the spot side on Ethereum is a very positive event, even with this power it seems very likely that we will see a pricing on 4K as long as this spot image continues.
ETH Coinbase Spot;
If we summarize the overall image at the moment, the Ethereum image gives more hope than Bitcoin, so we can be at the moment of the formation of a process in which Ethereum starts the ath rise and follows the altcoins, as long as the news about Bitcoin ETF listing news or the news about the Ethereum ETF listing news or the expectations from the companies. The recovery process of altcoins, which everyone is waiting for, is lit.