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Parrot Bamboo
Bullish
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High stablecoin inflows attract attention. #Stablecoins
High stablecoin inflows attract attention.
#Stablecoins
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In Cryptocurrency Markets in the Last 24 Hours Long transactions worth $120.89M were liquidated Short transaction worth $51.65M was liquidated Transactions of 76766 people were liquidated The largest transaction liquidated at once was worth $5.91M About 70.07% of liquidated transactions were long transactions.
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When we examine Bitcoin on the 12-hour chart, we can see that it is close to support. As you can see corrections and sales for halving, the first target we will go with the inverted cup handle is the 72773 resistance on the chart. However, BTC has a very high chance of touching the 59890 support before reaching this level. At this support level, intense buy orders and liquidation have accumulated. I think this is the last correction of BTC since the halving is approaching. I think we will see bullish scenarios again after testing the support.
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Velar has launched the world's first PerpDEX built on Bitcoin. Velar launched today and listed on Bybit and stable at 8-10x. The Jupiter of Bitcoin ($16.7bn Market Cap) with Mcap under 10M , I will monitor it closely and plan entries . #Velar
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Has Anyone Else Noticed Velar's Move to Revolutionize DeFi with a PerpDEX on Bitcoin? $Bitcoin Defi can be future , we have seen rise of defi Community: $VELAR IDO is launching on our very own launchpad! 🚀 Here's your Guide to the $VELAR IDO 🎉🚀 🔹 Get an STX wallet ready – no exchange wallets! 🔹 Join our Gleam campaign (ends Apr 2nd 13:00 UTC) 🔹 We're choosing 750 lucky participants for whitelist spots. 🔹 Each whitelist spot gets a $200 allocation for the IDO. Gleam Contest link: https://gleam.io/v3PxI/velar-ido-whitelist-campaign
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#BitcoinUpdate As I mentioned in the previous post, the price reached 72,000 but could not break the $72,000 level, so it fell into the trend. It seems like there is no problem as long as the candle does not close below $66,000. In case of a below-trend candle closing, a pullback to $62,000 seems possible. $66,000 is the critical level for us, if it breaks the trend downwards, I will update again, there is no problem for now
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