price compression tightening Short sellers lurking, looking | malik treadrs on Binance Square

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price compression tightening Short sellers lurking, looking for a clean break below the wedge to pile on
Needs confirmation but could be a decent scalp 🫱🏻‍🫲🏼

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Legendary Analyst Predicts Solana (SOL) Will Soon Gain 100% Against Ethereum (ETH) Renowned trader and analyst Peter Brandt recently focused on Solana’s potential to outperform Ethereum. Brandt stated that the SOL/ETH pair is recovering and expects upward momentum. According to him, Solana is ready to re-reach its previous highs against #Ethereum and paints a promising picture for SOL investors. Brandt explained that he prefers Solana over Ethereum mainly due to fundamental differences. Criticizing Ethereum for its cumbersome and high costs, Brandt questions Ethereum’s claim of decentralization. In contrast, he praises Solana’s user-friendly design and strong structure. These points support his prediction that $SOL will gain 100% in value against ETH in the coming months. Another factor that adds weight to Brandt’s positive outlook on Solana is Binance’s recent significant investments in Solana-focused initiatives. #BinanceLabs has poured capital into Solayer, a Solana-based retaking network that launched less than 60 days ago. Despite being in its early stages, Solayer has quickly become one of the most prominent protocols on the Solana blockchain, with a total value locked (TVL) of over $150 million. Solayer’s impressive growth is reflected in the participation of over 70,000 unique wallets on the network, highlighting Solana’s growing ecosystem and investor confidence in its long-term potential. In parallel, Binance reported a total net inflow of $2.4 billion since the market crash on August 5, indicating market confidence and strategic buying by smart investors. In summary, Peter Brandt’s prediction for Solana reflects a general sentiment shared by industry stakeholders, including Binance. With its user-friendly infrastructure and growing ecosystem, Solana appears well-positioned for significant gains against Ethereum. Investors should closely monitor the evolving dynamics between #SOL and #ETH as this could present attractive opportunities in the crypto market.#BinanceHODLerBANANA #BlackRockETHOptions

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Pepe price could form a ‘super bullish breakout’, analyst says #PEPE_EXPERT Pepe’s price has surged this week, driven by Bitcoin’s recovery from this month’s low of $53,700 to over $65,000. The PEPE Pepe PEPE 13.75% Pepe token bottomed at $0.00000767 on July 5 but has since gained 57% to trade at $0.000012 on Thursday, marking its highest level since June 28th. Analysts are bullish on Pepe price Analysts are optimistic about Pepe’s price movement, noting that it has become the most actively traded meme coin. Data indicates that Pepe’s trading volume rose to over $1.2 billion on Thursday, surpassing Dogecoin’s $734 million and Shiba Inu’s $814 million. Additional data from Coinglass shows that open interest in Pepe futures has increased to its highest point since June 7, reaching $148 million, primarily on OKX and Bitget. Open interest is often a good predictor of cryptocurrency price movements. Meanwhile, some whales are still buying Pepe, which is a sign of confidence that it will bounce back. One whale bought 1.39 trillion Pepe tokens worth $16.7 million on Thursday. Another whale bought 44.9 billion Pepe tokens while another one acquired 28.3 billion of them this week. Whale accumulation is often a positive move for a cryptocurrency. Another analyst noted that Pepe was about to form a ‘super bullish breakout.’ Bitcoin price forecasts The bullish analysis on Pepe coincides with more estimates on Bitcoin. In an X post, Ki Young Ju noted that stablecoin inflows has grown, pushing their market caps to a record high of over $135 billion. Stablecoin growth is another positive sign since these coins are used to buy cryptocurrencies. As was reported earlier, another analyst has predicted that Bitcoin price will rise to $220,000. He cited the upcoming conclusion of Bitcoin miner capitulation that has been going on in the past few weeks. #ETH_ETFs_Approval_Predictions #PEPE_EXPERT

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$CBK is following a strong uptrend. This time it has broken the 0.40$ resistance and now it is all set to cross 0.83$ in a shorter timeframe. Hope Bitcoin supports this trend too. Our records show a 210% increase in the previous rally.

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