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can take support on 665 level if it's break up the support it can go down to 623 level
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🔹 The day has come — ETH ETFs Friends, today, there was an event that was expected for years, namely the adoption of ETF on ETH, trading has already begun, in the first 15 minutes it was more than $ 100 million of trading. And on the first day, the trading volume totaled over $1 billion, which is 20-25% of the BTC-ETF volume on the first day. Obviously, the token flew away by tens of percent in the first minutes, most likely it will be the same as with ETH, gradually fly to break through ATH. We can expect good values from ETH. 📑 The news is as bullish as possible. According to forecasts, the launched funds will be able to attract $6-20bn in the first year. So far, only 9 funds have been launched and one of them is Blackrock and Grayscale. I think you know these guys. 🔖 Anyway, two fundamental assets have a nice ETF, which is very pleasing. This increases confidence in crypto, so hope for a bullrun soon 🔥
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💵 An interesting week is ahead Friends. Hello everyone. I hope you're doing well. 📑 Weekend went briskly, all days the market was growing as we expected with you. Monday starts with a small pullback. It will not be easy to guess the price behavior this week, but we know for sure that there are a lot of news events and volatility will be there. • ETH ETF trading starts tomorrow. • There is more and more noise around the election. Biden declined to run, but I think it's not over yet. • Elon Musk put laser eyes on his Twitter avatar (which means he expects BTC to rise). • Trump will speak at the Bitcoin conference on Saturday. • More and more rumors of crypto massadoption by a possible future US government. • Possible central bank endorsement of XRP (???) There are realistically a lot of events. First and foremost, I wonder how the Ethereum ETF launch will work itself out. There seems to be a chance that we could see the way it was on ETF-BTC again (offloading from Grayscale in the first few weeks). Strangely, the commission on their ETFs is once again many times higher than their competitors. ❕ But, let's not forget that it's RISK ON on the fund right now, and that could greatly increase flows into the ETF from investors. It's hard to guess. We wait 🔥 #Biden_Out_BTC_Up #Bitcoin_Coneference_2024 #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7
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↗️ My opinion on the market Friends, hello everyone. It's been a while since I reviewed the market situation for you, although a lot of things happened. 📔 Bitcoin has grown nicely over the last 7 days. The growth was more than 16%. I certainly did not expect such a sharp growth, but I think that we will not grow like this for a long time. On the chart I have multiplied my further vision. The growth of BTC also affected altcoins, but much weaker. For example, on ARB we do not see the same sharp green bars. What does this mean? 🔖 Manipulator is trying to attract more people by giving them hope for the start of a big rise. Yes, it sounds like a conspiracy theory, but believe me — the manipulator understands human psychology very well. Do you think this growth can renew ATH? 🔥 — Yes, it will 🧐 — NO #ETH_ETF_Approval_23July #BinanceHODLerBANANA #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike
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📤 7 trends for your portfolio Friends, hello everyone. I have said many times that diversification is one of the most important factors for success in the cryptocurrency market. It is important to always follow the rule: Divide your capital between different trends to protect yourself from losses and maximize your profits. 🔖 I decided to help you with this and gathered 7 promising trends for diversification: 1. RWA (Real-world Assets): Tokenization of real assets such as real estate or securities. 2. Memes: Tokens inspired by popular internet memes, often with high volatility. 3. Solana Ecosystem: A blockchain platform with a mature ecosystem and high growth potential. 4. Artificial Intelligence (AI): Projects that use AI to solve various problems. 5. GameFi: Games that allow you to earn tokens while playing. 6. L2 Solutions: Projects that scale the Ethereum network. 7. Cosmos Ecosystem: An ecosystem with advanced infrastructure and technology, such as IBC. 📑 Always remember: • Don't forget to invest in BTC and ETH as well. • Develop your investment strategy and stick to it. • Diversification does not guarantee profit, but it reduces risks. Diversify your portfolio? 🔥 — YES 🧐 — NO #ETH_ETF_Approval_23July #ETH_ETF_Approval_23July #Mt_Gox_BTC_Dip #BinanceTurns7 #SOFR_Spike
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🫥 The meme-coin phenomenon. Why is the trend still alive? The last bear phase was quite long and painful, and we can still hear the echoes of that time. But when the market started to slowly come out of it — meme-coins created a serious boom, which continues on various blockchains until now. 🔖 Meme-coin (shitcoin) is a coin, which was created based on a trending meme, event, news, which has ever been or is currently in progress. The main purpose of such coins is to attract attention, create trends or even make a profit, both on the part of developers and speculators. Over the past year, the narrative has not just made its season and gone into the shadows as it has in past markets, but continues to live on beautifully, only changing blockchains and some features. 💵 By the end of May 2024, the Dashboard CoinMarketCap alone includes over 10k coins with a total market capitalization of $3.58T. The popularity of meme coins is growing exponentially. This is similar to the NFT market boom in 2021. We've all seen the beautiful success stories on the same $PEPE coin, which in a way started this "shitcoins bullrun". The main feature of popularity is still considered to be high profit with not much cost and short time span. Just as it was in its time with NFT. ❕ The cherished X100-X1000 beckons many cryptans. The effect of ludomania is evident here. Just open Twitter and you will see many stories of colossal success and phenomenal crashes. Are you familiar with meme-coins? 🔥 — Yes 🐳 — No
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