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Nehal Ahmed Khan
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Solana Long Trade Setup Are you ready?
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Ripple CEO: Today's event with David Sacks was very high-profile, and clear crypto regulation is definitely a big deal On February 5th, Brad Garlinghouse, the CEO of Ripple, stated on his social media platform that "any criticism of today's press conference is clearly a case of losing sight of the overall situation due to focusing too much on details." The chairs of the Senate Banking Committee, House Financial Services Committee, Senate Agriculture Committee, and House Agriculture Committee participated in the Cryptocurrency Tsar's press conference and pledged to enact cryptocurrency clarity legislation. This is undoubtedly a significant matter (and something that we have never witnessed before). #PCEInflationWhatch #CzechBitcoinReserve #XRPETFIncoming
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Bitcoin Funding Rate Turns Negative for Seventh Time in One Year, Signaling Potential Bull Run On February 5th, as indicated by CryptoQuant's data, Bitcoin's funding rate has turned negative for the seventh time within a year. Historically, the previous six occurrences of a negative funding rate have indicated a strong bullish reversal for BTC. This indicator reflects the cost of holding leveraged positions in perpetual futures contracts, suggesting that traders have become overly bearish and serving as a signal of a local bottom, which often precedes a significant rebound. If history is to repeat itself, the market may soon shift to a bullish trend. Currently, traders are closely monitoring the liquidity level below $98,000 and consider $100,000 as a strong support to initiate the first step of price discovery. Breaking through this level could trigger increased buying pressure. To fully restore the bullish momentum and change market sentiment, BTC would need to regain the key level of $103,600. (bitcoinist) #PCEInflationWhatch #CzechBitcoinReserve #XRPETFIncoming
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CryptoQuant: Whale Vault Address Detected with a Daily Inflow of 31,226 BTC On February 5th, CryptoQuant posted on social media today and stated that it had identified a group of addresses classified as "related to Whale HODLers" and received 31,226 BTC. Ki Young Ju, the founder of CryptoQuant, explained that a significant inflow of Bitcoin into addresses related to Whale HODLers can be regarded as moving Bitcoin to storage wallets after an off-exchange transaction.
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What strategy do you prefer to trade? 1. Order blocks 2. FVGs 3. Supply & Demand 4. Breakouts & Fakeouts 5. Chart patterns 6. Liquidity Zones 7. Other ( Comment ) #AICrashOrComeback #USBitcoinReserves #BTCHovers100k #TariffHODL #MarketRebound
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