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Buying
$ETHFI
at the current price of $2.18. I will start taking some profits between short-term and full-bag targets. Since I buy with substantial capital, I'm more than happy with a 5-15x return here.
#ETHFinance
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This is the time when I prefer to sit back and wait for levels to be reclaimed. The 95,200 level has been lost on both the 4-hour and 1-hour charts. I’m not longing yet, but I’m also not shorting because shorting near a support zone isn’t ideal. We still have the daily 50EMA, which previously triggered a bounce of nearly $10,000 in just a few days.
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The biggest concern for bulls right now is losing the 50EMA on the daily chart. While this may seem concerning, let me remind you that this year alone, we’ve lost this support multiple times, closed below it, and reclaimed it with massive green candles within 1–3 days. Will the bulls step back in? Just wait and watch. Personally, I’m bidding here again. #btc
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It's surprising to see how many influencers on CT, TG, and YT are spreading fear-mongering FUD about USDT. The MICA regulations aren’t new, they were approved months ago and will only take effect from December 31. Users and exchanges in the EU have been preparing for this for months. Many EU users have already swapped USDT for other stablecoins or bought BTC and other cryptocurrencies. This is just a short-term issue. Interestingly, USDT FUD usually marks the bottom in bear markets, but now we’re seeing similar fear in a bull market. USDT isn’t going anywhere, at least for now. They’re actively working to address this, and we’ll likely see USDT return to the EU in a few months. These influencers are acting as though USDT is going to zero, but at most, we can expect some short-term volatility. If a dip happens, it could be a great buying opportunity. Even if USDT dips, I’d buy, it’s easy money! Similar FUD happened with USDC months ago, and we all know how that turned out
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