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Ethereum
: Taker Buy Volume hits $1.683B in one single hourly candle
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📣 TOP STORIES OF THE DAY 📣 💵 Galaxy Digital to raise $300m for Helios data center expansion 🇸🇸 South Korea to Push 20% Crypto Tax in 2025 with $35K Exemption 🪙 Hoth Therapeutics approves purchase of $1m Bitcoin ⚠️ CZ warns crypto community of new exploit targeting macOS and iPhone users 📌 Nasdaq-listed antibiotics developer Acurx to put $1m in Bitcoin on balance sheet
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#SEI/USDT ANALYSIS SEI is trading within an ascending triangle pattern and currently facing rejection at the horizontal supply zone. The Ichimoku Cloud is providing strong support beneath the price action. A decisive breakout from the pattern could confirm a bullish trend.
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#Ethereum seems to be breaking out of this Bullish Flag to the upside! The first important target is $3,370 🎯
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How hyperbitcoinization will play out: 1. Rich people will lose trust in The Fed, bonds, real estate, gold and USD 2. They’ll find out what Bitcoin is and get FOMO 3. They’ll buy the remaining BTCs on exchanges. Normies will also sell their coins for high prices to them thinking they can buy back cheaper later 4. Central Banks will print fiat to buy it which will create hyperinflation 5. After USD gets hyperinflation debt will be worthless, many businesses will go broke. The world will clean out everything that is not profitable. We’ll start from clean sheets with Satoshis as the new currency These steps can last for months or up to five years. Your only job is to DCA and HODL!
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