🔍 Crypto ETFs awaiting approval! Which one do you think wi | The_1504_king on Binance Square

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🔍 Crypto ETFs awaiting approval!
Which one do you think will get approved first? 🤔 Share your thoughts in the comments! 👇

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Good morning🎅 As of December 21, 2024, the price of Bitcoin (BTC) is approximately $98,403, reflecting a 1.9% increase over the past 24 hours. Technical analysis shows mixed signals. Oscillators indicate a neutral trend, while moving averages recommend buying. RSI and MACD indicators confirm buy signals; however, the stochastic oscillator points to an overbought condition, which could signal a potential correction. Key metrics at the moment: 🖤 BTC dominance: 57.6% 🖤 24-hour trading volume: $415B 🖤 Fear & Greed Index: 73 🖤 Total liquidations: $837M

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🪙 Ethereum: Record Low Taker Volume Ethereum is going through a tough time right now: the taker-seller volume has dropped to a record low of -400 million, indicating aggressive selling dominating the market. A similar situation occurred in May 2021, just before Ethereum's price peak. Despite the current numbers, there may still be growth potential. What do you think—should we buy at these levels or wait it out? 💭

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👀 Tomorrow, Microsoft is expected to announce its decision on investing in BTC. Previously, the company held a vote among investors to determine whether Bitcoin investments were the right move. On Polymarket, the chances of a positive decision are estimated at just 14%**—a tiny percentage, especially considering that **BlackRock is Microsoft’s second-largest shareholder. Meanwhile, ⚡️ Amazon shareholders are actively urging the board of directors to consider Bitcoin investments as well. What do you think these giants will decide?

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🐋 Whales are buying the XRP dip! While XRP drops from $2.90 to $2.22, whales are making their move and buying the dip! In just a few days, they've purchased over 120 million XRP, totaling $288 million

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💡 When to take profits? On the market peak Placeholder partner Chris Burniske gave his forecast: most likely, we won’t see a $10 trillion cap in this cycle 👀 He pointed out that as the market heats up, dreams grow and "bull geniuses" soar, but it's important to stay realistic. Back in 2021, everyone was calling for $100k for BTC and $10k for ETH, but in the end, the peak was around $70k and $5k. So, don't forget that lesson. Why is it important to take profits on the way up? If you bought crypto when the market cap was below $1 trillion and now you're waiting for $10 trillion, it's wise to take profits in chunks — from $3T to ~$10T. Missed opportunities are not the end of the world, the important thing is to take what you can. The psychological discomfort is normal, but you'll be in the green. Where do you think we’ll end up? What’s your plan for taking profits? 💸 Share your thoughts in the comments! 👇

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