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$BTC $SOL $ETH 🛑🛑🛑 Urgent update breaking news 🔶Ethereum Holds Strong Above $3,100 Amid ETF Decision Anticipation 🔸Ethereum remains above $3,100, with potential for a breakout towards $4,000. 🔸The SEC’s imminent decision on spot Ethereum ETFs could significantly impact the market outlook. 🔸The approval of the ETFs could drive Ethereum to new highs, while rejection may lead to a drop below $3,000. 1️⃣ analysts are closely watching Ethereum’s potential breakout towards $4,000. The SEC’s decision on spot Ethereum ETFs is imminent, starting with VanEck’s application on May 23, followed by ARK Invest and 21Shares on May 24. Major firms like BlackRock and Hashdex are also poised to launch spot Ethereum ETFs. 2️⃣ Despite the anticipation, there is a prevailing sentiment that the SEC might reject these applications. Some ETF applicants have observed less engagement from the SEC compared to the period before Bitcoin ETFs were approved in January. 3️⃣ On the other hand, approval of the ETFs could significantly enhance Ethereum’s market outlook, potentially driving prices to new record highs and paving the way for future digital asset ETFs. Recent Ethereum price analysis suggests bullish momentum, indicated by a falling wedge pattern on the daily chart. A breakout above the 50-day EMA could push prices toward $4,000. 5️⃣ The MACD has generated a buy signal, prompting traders to place buy orders above the upper trendline, with targets set at $3,400 and $3,800 for the week. For this bullish trend to continue, Ethereum needs to stay above the 20-day EMA. If it fails to maintain this support, prices could drop below $3,000, leading traders to consider $2,800 and $2,600 as potential buy entry points. 🛑🛑🛑 Any news or information issued by me is not advice, so do not forget to use DYOR ♥️ Thank you for Watching my Post ♥️ ♥️You can support me with tips to provide better content♥️ #BTC #ETH #BNB #LINK #SOL
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$BTC $ETH $SOL 🛑🛑🛑BTC Urgent urgent urgent update🛑🛑🛑 1️⃣ As we see that BTC broke through 70,500 and reached the 71,500 area, but there are some negative things so far. I found some gaps in some chart that appeared a while ago, and this thing is negative. The gap is close to the 69,000 area, meaning there is a great possibility that we will see a violent correction for BTC to the 68,000 area or close to this. The region, as for ETH, the expected correction to 3500 or to 3400, the reason is very clear, a fake rise, unconfirmed news, a crazy assembly, and there is still another assembly expected. We see the correction starting from the 71,500 area to 69,000 until 67,000, and the strongest support is 65,000. 2️⃣ Also, there is this gap in ETH, and this is also a negative thing, so the closest area is 3320, the gap area. What about the USDT domain? It reached a very strong support area of 4.38. A violent rebound to the 4.48 area is expected. The 4.50 breakout is temporarily negative, but reaching 4.60 or 4.55 is negative on the market, but now. Almost everything is positive and at the close the market will begin to correct gradually due to the current trading pressure 3️⃣ It is expected that BTC will decline to gradually introduce liquidity into alternative currencies. Also, the beginning of the decline of the BTC domain. With this, we can see a real rise, opposite of what is happening today. A very strange rise and the reasons for the ETF ETH SPOT. Now we have total liquidity in resistance areas, so it is normal to see a temporary decline. Also, do not forget that This rise may turn into red candles in the event of rejection or an unsatisfactory result. The alternative currencies are still not rising well so far. It is expected that Wednesday or Thursday we will see a strong rise for them, but today it is difficult to see a good rise for these alternative currencies except for ETH, which jumped by a very large percentage with... Smaller ETHFI #BTC #ETH #BNB #SOL #LINK
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