Hot news:
1. MicroStrategy plans to issue up to $2 billion in preferred stock to increase Bitcoin holdings;
2. Coinbase obtains FDIC documents, revealing 'Operation Chokepoint 2.0' restrictions on crypto activities;
Coinbase is exploring the possibility of introducing tokenized shares of COIN into Base;
3. Ethena further expands into traditional finance by supporting Telegram payments and the iUSDe token; reason for the surge in $ENA.
4. Hyperliquid's trading volume reached $268.9 billion in three months, with a staking ratio of 38.01%.
The four candidates for new spot ETF approval ranked from high to low:
$SOL $XRP $LTC and $DOGE
The SEC's rules first need to determine if they are sufficiently decentralized, and then whether there is a possibility of market manipulation.
BTC
Yesterday's pullback at the 96500-95900 position followed through, targeting 98500 as expected!
As long as the current blue trend line holds, there is still a chance to continue hunting liquidity above 100,000! Pay attention to the price reaction after the hunt! Is it a stable breakout? Or a trap that falls back?
ETH
Yesterday's aggressive position around 3450 was not in vain! The target of 3555 was successfully hunted!
Currently, 3555 is the H4 entity breakout, so stabilizing after a pullback to 3550-3520 continues upward, with short-term pressure at 3670-3720, and rebound targets at 3980-4070!
3470-3425 is a pullback pin position; if it breaks below 3425, liquidity will be hunted downward!
SOL
220 reached as expected; this wave truly bought at the lowest point of 188, reaching the expected highest point! Unfortunately, those who didn't get in did not have a pullback position to follow yesterday!
Currently watching whether 220-229 will distribute? Or will it break through and stand above?
The information and data contained herein are sourced from publicly available materials, striving for accuracy and reliability, but no guarantees are made regarding the accuracy and completeness of the information. This content does not constitute any investment advice; investing based on it is at your own risk!
