On November 16, Solana's transfer volume reached an all-time high of $318 billion, while the number of active addresses skyrocketed to over 22 million. #btc #market #market
ETH forming a small range after the large impulsive move up. Altcoins are barely rising with the Bitcoin and ETH remains side ways, once BTC stables down, we can expect large rally in altcoins and specially in ETH 1st.
Bitcoin is fluctuating around the $90,000 range, potentially indicating a distribution phase. Currently, about 95% of the supply is in profit. Historically, according to Glassnode, the phase of "new ATH discovery" has lasted approximately 22 days — and we are now on day 18.
LTO/USDT 🚀 Price has surged approximately 18%, resulting in an impressive 180% profit with 10x leverage! It's a good moment to lock in some profits while keeping part of your position open for potential higher targets.
Price is currently in a significant accumulation zone on the lower time frame. The accumulation suggests a potential big move is upcoming. You can accumulate some AEVO within the trading range in preparation for the upcoming rally.
Bitcoin has once again reached a new all-time high, breaking above the $90,000 level. The recent correction was brief, and bulls continue to drive the price upward. The next psychological resistance level to watch is $100,000, and it will be interesting to see how the market reacts in the coming weeks. There is a high possibility that the price will fill the CME gap.
Bitcoin made an another new All Time high, and H4 making some good higher highs and lower lows. Price already retest the support and might dip lower a bit before moving any up. Alternatively, a deeper retracement can come along the way and a reversal move.
RARE forming a Bullish peanut pattern, which is bullish continuation pattern which can lead in further rally in the market. buy after the breakout with he strong candle closure.
Bitcoin's market cycles can be broken into four color-coded phases: 🔴 Deep Bear Market (below Realized Price), 🔵 Early Bull Market (between Realized Price and True Market Mean), 🟠 Enthusiastic Bull Market (between True Market Mean and ATH), and 🟢 Euphoric Bull Market (above previous cycle ATH). Currently, Bitcoin is attempting to transition from the Enthusiastic to Euphoric phase, having briefly touched the 2021 ATH of $69k in March 2024 before pulling back for consolidation.
Bitcoin continues to reach new all-time daily highs. The price is forming a higher high and higher low on the hourly timeframe. We may see some sideways movement and a cooldown after the big pump.
RARE forming a Bullish peanut pattern, which is bullish continuation pattern which can lead in further rally in the market. buy after the breakout with he strong candle closure.