🚨 BREAKING 🚨 ACCORDING TO COINDESK, THE U.S. SEC ASKED | Market Updates on Binance Square

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🚨 BREAKING 🚨  
 
ACCORDING TO COINDESK, THE U.S. SEC ASKED THE ETHEREUM SPOT ETF EXCHANGES TO UPDATE THEIR 19B-4 FILLING BEFORE THE DEADLINE.
#ETHETFS #ETH #Spot $ETH 

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CRYPTO MARKET: WHAT NEXT? Here will show a big picture of the market via 4 charts: BTC, ETH, Total Crypto Mcap, and ALT Mcap. Bitcoin: BTC price is trading below $65,000 and has been in a downtrend channel for the last two weeks. However, it is still in a BULL trend in the long time frame. Support levels are at $63,000 and $60,000. The chart shows that BTC is forming the Right Shoulder of a Bullish Head & Shoulders Pattern, and after completing this pattern, we will see a further bounce. ETH: The ETH price is also in a short-term correction with major support at $3,250. An ETH ETF could come in the next 15 days, so we may see a bounce in ETH at any time. Around $3,300 would be a good entry point for ETH. Total Crypto Mcap: Total Crypto Mcap is also in a short-term correction but remains above the mega bull trend line. Currently, Total Crypto Mcap is near $2.29T, with support around $2.16T, implying it can drop 5% for final capitulation. ALTs Mcap: ALT Mcap has dropped below the mega bull trend line. We may see a small bounce if BTC moves upward, but it looks like the alts market will go through a final round of capitulation, where alts could drop a further 20% before the next mega season. Conclusion: Bitcoin and the crypto market are in a bull trend, but BTC may retest $60K in the next few weeks. If this happens, we will see more declines in alts, which could suffer another 15%-20% drop. However, predicting the bottom is difficult. BTC dominance is also near 56%+ and may increase a few more percentage points, but we can see a bearish divergence in the BTC.d weekly chart. This period could be a good opportunity to accumulate alts with a 6-9 month view targeting the next mega alts season. #BinanceTournament #Megadrop #CryptoTradingGuide #MicroStrategy #CertiKvsKraken $BTC $ETH $SOL

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🚨BREAKING 🚨 $800 BILLION STANDARD CHARTERED BANK IS LAUNCHING A SPOT BITCOIN TRADING DESK, MAKING IT ONE OF THE FIRST GLOBAL BANKS TO ENTER SPOT CRYPTO TRADING. THIS IS GIGA BULLISH 🔥 #BinanceTournament #CryptoTradingGuide $BTC $ETH

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🚨BITCOIN ETFS UPDATE🚨 YESTERDAY'S SPOT #BITCOIN ETFS SAW SIGNIFICANT OUTFLOWS TOTALING $139.88M, MARKING 5 DAYS OF NEGATIVE FLOWS. DESPITE THIS TREND, BLACKROCK MANAGED TO ATTRACT $1M IN INFLOWS INDICATING THAT SOME INVESTORS STILL SEE AN OPPORTUNITY TO BUY. #BinanceTournament #Megadrop #CryptoTradingGuide

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🚨 BREAKING 🚨 A GIANT WHALE BOUGHT 6,070 BTC WORTH $395 MILLION IN RECENT BTC PRICE DROP THIS WHALE HAS MADE OVER $1B IN PROFITS FROM BTC BY BUYING LOW AND SELLING HIGH. BULLS WINNING 🔥 #BNBHODLer #BTCFOMCWatch $ETH

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🚨BREAKING🚨 JOURNALIST ELEANOR TERRETT SHARED THAT SHE TALKED WITH CONSENSYS FOUNDER JOSEPH LUBIN REGARDING THEIR LAWSUIT AGAINST THE SEC. CONSENSYS STILL PLANS TO PURSUE LAWSUIT AGAINST THE SEC.

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