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What Will You Buy With 1000 USDT??
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Top 3 Altcoins To Buy 1) $DOGE 2) $FET 3) $ICP Follow For More💰💰
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$ARK Price Analysis: The price is currently testing the resistance zone, and its reaction in this area will be critical for the next move. At this stage, the market remains in a no-trade zone, making it prudent to wait for clearer opportunities before taking any positions. Support Area: $0.388 - $0.437 Resistance Area: $0.625 - $0.67
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In the past 24 hours, the cryptocurrency market witnessed significant volatility, with $BTC declining by 4.7% and Ethereum plunging 7.7%. This sharp downturn triggered widespread liquidations across the market. A total of 171,687 traders were liquidated, resulting in a combined value of $542 million. The majority of these liquidations—amounting to $484 million—were in long positions. Notably, the largest single liquidation occurred on Binance, where an $ETH position worth $17.74 million was completely wiped out.
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Buy It ( Hold It ) Fetch.ai ($FET ): A blockchain platform for AI-powered automation and decentralized machine learning. The Graph ($GRT ): A decentralized protocol for indexing and querying blockchain data, mainly used for Web3 applications.
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I’m increasing my market exposure as I hold a bullish outlook for the first quarter following the halving event. However, I acknowledge the possibility of another corrective move before the anticipated bull rally fully accelerates. Historically, the second week of January in the year following a halving has often shown bearish tendencies, frequently serving as a final shakeout before a sustained upward trend. If historical patterns hold, we could see significant market strength over the subsequent two months. That said, it’s essential to prepare for multiple scenarios. A worst-case retracement could see the market testing the $80,000 to $85,000 range, which might represent the final major dip before the next leg higher. To navigate this, maintaining sufficient stablecoin reserves is crucial to capitalize on such opportunities. This outlook is not a bearish call but rather a strategic consideration of possible market movements within an overarching bull trend. As always, diversification remains key to managing risk effectively.
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