Binance Square
LIVE
LIVE
CryptoMaestroking
Bearish
--603 views
💥 BITCOIN ETF HONG KONG! BTC IS DUMPING !!! We all hoped that the Hong Kong Spot Bitcoin ETF would have a #Bullish effect on the market... It did not! Sometimes, the whales and big guys are a few steps ahead. That's why we should never get excited and all-knowing, and that's why I warned you in my last post, too. I hope you didn't play with leverage and set the stop loss. Let's see what happens next. I talked with some Frenz in Hong Kong, and they said that everything is positive and it's going to be a long-term play. #Megadrop #BinanceLaunchpool #ScamRiskWarning #bitcoinhalving #Memecoins

💥 BITCOIN ETF HONG KONG! BTC IS DUMPING !!!

We all hoped that the Hong Kong Spot Bitcoin ETF would have a #Bullish effect on the market...

It did not!

Sometimes, the whales and big guys are a few steps ahead. That's why we should never get excited and all-knowing, and that's why I warned you in my last post, too.

I hope you didn't play with leverage and set the stop loss.

Let's see what happens next.

I talked with some Frenz in Hong Kong, and they said that everything is positive and it's going to be a long-term play.

#Megadrop #BinanceLaunchpool #ScamRiskWarning #bitcoinhalving #Memecoins

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Crypto123king

Explore More From Creator

--
💥💥💥 #CryptoMarket tumble seen as quick shakeout, traders expect 'bullish' rebound Bitcoin ($BTC ), Ether ($ETH ), and the wider altcoin market faced a downturn post the release of robust U.S. employment data on June 7. This unexpected turn was viewed by traders as a temporary "shakeout" before resuming the upward trend. Pseudonymous crypto trader il Capo of Crypto noted on June 7 a "strong sell-off into support," especially impacting altcoins, interpreting it as a market shakeout, where simultaneous selling occurs due to uncertainty. The U.S. Employment Situation Summary Report revealed higher-than-expected job growth, contrary to analysts' predictions, potentially affecting decisions on inflation and Bitcoin's trajectory. Markus Thielen, head of research at 10x Research, speculated that a weaker report could prompt rate cuts, while attention turns to the upcoming CPI inflation report. Despite the unexpected data, Thielen suggested the employment report didn't directly trigger the crypto market drop, describing the data as "mixed," with an increase in part-time workers. Traders are monitoring key support levels, with il Capo of Crypto suggesting a bullish continuation if these levels hold. Bitcoin dipped 1.99%, Ether 3.22%, and altcoins suffered more significant losses, like Pepe ($PEPE ) dropping 10.54%. Other traders saw the downturn as a buying opportunity, expressing optimism about the market's long-term prospects. They view the recent dip as a precursor to a real bullish phase, indicating readiness to buy the dips for a potential quick turnaround trade. Despite the market's reaction to the employment data, many traders anticipate a bullish continuation once the current shakeout stabilizes. Source - cointelegraph.com #ETHETFsApproved #altcoins #BTC #bitcoin
--
Ethereum Whale Moves $33.55 Million in ETH to Coinbase: Details. An Ethereum (ETH) whale has transferred 8,710 ETH, valued at approximately $33.55 million, to Coinbase, one of the leading cryptocurrency exchanges. The transaction was highlighted by Whale Alert, a service that tracks large crypto transactions. The transfer has sparked speculation that this whale might be preparing to sell a large portion of their holdings. Such moves are closely watched by the crypto community, as they can significantly impact market dynamics. Given the recent rally in Ethereum's price, it is plausible that the whale intends to capitalize on the gains. Over the last 30 days, the ETH price has surged by 22.15%, and it is currently trading at $3,849, up 1.20% in the past 24 hours. Market context and implications. Ethereum's recent price performance has been robust, driven by a confluence of factors, including market optimism and broader adoption trends. The approval of spot Ethereum ETFs (exchange-traded funds) has been a major catalyst. These ETFs are expected to begin trading in the coming weeks, and many analysts believe that their introduction will further fuel Ethereum's price appreciation. The approval of these ETFs marks a significant milestone for the leading altcoin, providing traditional investors with a new avenue to gain exposure to the cryptocurrency. This could potentially lead to increased demand and higher prices. Analysts are bullish on Ethereum's outlook, predicting that the price could surge as these ETFs launch and attract more institutional and retail investment. Whale transactions, particularly those involving large amounts of cryptocurrency being moved to exchanges, are often seen as precursors to market volatility. Historically, large sell-offs have sometimes led to short-term dips in price, but the overall upward trajectory is driven by strong fundamentals, and increasing adoption tends to mitigate long-term concerns. #StartInvestingInCrypto #ETHETFsApproved #altcoins #BTC #bitcoin
--

Latest News

View More

Trending Articles

avatar
CoinMarketCap
View More
Sitemap
Cookie Preferences
Platform T&Cs