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🚨 Here’s Why the Bitcoin (BTC) Bull Trend Will Be On Halt Until Halving🚫📉 Since the recent Bitcoin ETF approvals, the BTC price has encountered a slowdown, hovering around $42,000 levels. Despite a surge to $48,000 post-ETF approval, selling pressure has impacted the current bullish cycle. 📉 What's causing this pause, and what's on the horizon? Let's delve into the insights! 1. Large Bitcoin Wallets in Action: Aging Coins on the Move! In a surprising trend, large Bitcoin wallets are swiftly transferring older coins, significantly reducing the average age of coins within these wallets. 📊 This dynamic movement, noted by on-chain data provider Santiment, suggests a potential temporary halt in the ongoing bullish cycle. 🔍 Insights from Santiment: "Notable decrease in average coin age within large wallets, signaling a shift in market dynamics." 2. Options Data and ETF Impact: Unraveling the Puzzle! Examining options data, a focus on U.S. stock ETF trading impact on cryptocurrency prices emerges. 📈 Today's block trades reveal a substantial $120 million in large put options, constituting 16% of the total—a significant volume compared to typical days. Notably, short-selling trends in short-term put options are prevalent among individual block trades exceeding $5 million. 📊 Greeks.Live Data: "Unusual activity in large put options suggests a cautious approach in the market." 3. A Glimpse of Optimism Amid Uncertainties: What Lies Ahead? While concerns surround the market's outlook, there's a growing sentiment among large traders that stability may be emerging. 🌟 Despite the current pause, some analysts believe that the actions of major whales could reignite the market, potentially triggering another upward wave towards $45,000 and even $50,000. 💡 Michael van de Poppe's Take: "Bitcoin ETF approval impact may unfold gradually, holding long-term significance." 🚀 Stay Informed, Stay Ahead: Follow The Blockopedia for Crypto Updates! 🌐💻 #BitcoinETFapproved #BitcoinHalvingJourney #BitcoinPrice2024 #cryptocurrency #crypto2024

🚨 Here’s Why the Bitcoin (BTC) Bull Trend Will Be On Halt Until Halving🚫📉

Since the recent Bitcoin ETF approvals, the BTC price has encountered a slowdown, hovering around $42,000 levels. Despite a surge to $48,000 post-ETF approval, selling pressure has impacted the current bullish cycle. 📉 What's causing this pause, and what's on the horizon? Let's delve into the insights!

1. Large Bitcoin Wallets in Action: Aging Coins on the Move!

In a surprising trend, large Bitcoin wallets are swiftly transferring older coins, significantly reducing the average age of coins within these wallets. 📊 This dynamic movement, noted by on-chain data provider Santiment, suggests a potential temporary halt in the ongoing bullish cycle.

🔍 Insights from Santiment: "Notable decrease in average coin age within large wallets, signaling a shift in market dynamics."

2. Options Data and ETF Impact: Unraveling the Puzzle!

Examining options data, a focus on U.S. stock ETF trading impact on cryptocurrency prices emerges. 📈 Today's block trades reveal a substantial $120 million in large put options, constituting 16% of the total—a significant volume compared to typical days. Notably, short-selling trends in short-term put options are prevalent among individual block trades exceeding $5 million.

📊 Greeks.Live Data: "Unusual activity in large put options suggests a cautious approach in the market."

3. A Glimpse of Optimism Amid Uncertainties: What Lies Ahead?

While concerns surround the market's outlook, there's a growing sentiment among large traders that stability may be emerging.

🌟 Despite the current pause, some analysts believe that the actions of major whales could reignite the market, potentially triggering another upward wave towards $45,000 and even $50,000.

💡 Michael van de Poppe's Take: "Bitcoin ETF approval impact may unfold gradually, holding long-term significance."

🚀 Stay Informed, Stay Ahead: Follow The Blockopedia for Crypto Updates! 🌐💻

#BitcoinETFapproved #BitcoinHalvingJourney #BitcoinPrice2024 #cryptocurrency #crypto2024

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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📉 Ethereum Alert: Ethereum (ETH) Risks Trip to $2,000 If This Level Falters 📉 🚨 Market Update: Ethereum (ETH) has been navigating choppy waters, shedding 2.66% in the last 24 hours and currently hovering at $2,408. Investors are on high alert as the crypto giant treads a crucial path. 🎯 Key Support Zone: $2,388 - $2,460 🎯 Analyst Ali (@ali_charts) identifies a pivotal demand zone for ETH, teetering between $2,388 and $2,460. Success in holding this fort could pave the way for a bullish resurgence, offering minimal resistance for an upward trajectory. 📉 Caution: Risk of a Dive to $2,000 📉 However, the stakes are high. If Ethereum falters in maintaining this support level, a potential dive to $2,000 looms large—a 17% drop from the current $2,408. Beyond this, the SMA 200 at $1,923 becomes a critical support juncture, with a breach opening doors to further losses. 📈 Potential Scenarios Unveiled: 📈 Bullish Reversal: A bounce off the support zones could reignite ETH's uptrend, targeting $2,614 initially and setting sights on $2,717 and $2,900. Bulls eyeing the ultimate prize—reclaiming the elusive $3,000 psychological level. Bearish Warning: Failure to sustain could trigger a bearish trend, with potential downturns to $1,800 and $1,700. The SMA 50 at $2,338 acts as a short-term defense against losses. 🔔 Stay Informed! Follow The Blockopedia for Real-time Crypto Insights! 🔔 #EthereumRally #EthereumUpdate #EthereumEvent #cryptocurrency #crypto2024
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🚀 Cryptocurrency Mystery Unraveled: 420 Billion Shiba Inu Transfer Sparks Speculation! 🚀 🌐 A Whopping $3.87 Million Move! 🌐 In a jaw-dropping twist, an anonymous major investor has orchestrated a monumental transaction involving a staggering 419.873 billion Shiba Inu tokens, valued at an impressive $3.87 million! 🚀🔍 Tracked by Etherscan, the massive volume of SHIB rapidly shifted from address "0xecfB" to "0xd37" in the past three hours, leaving the crypto community buzzing with curiosity. 🔍 Coinbase Prime Custody Connection Unveiled! 🔍 Adding a layer of complexity, the Shiba Inu tokens originated in a sender address linked to Coinbase Prime Custody, hinting at a possible institutional involvement. 🏦✨ The move aligns seamlessly with the modus operandi of Coinbase's custody solution, deepening the mystery surrounding this high-stakes transfer. 💹 SHIB Price Seeks Redemption! 💹 Amidst this crypto spectacle, Shiba Inu's price journey takes center stage. After enduring a 36-day downtrend, the SHIB price recently touched $0.0000092, marking a 20.5% dip from its month-ago peak. 📉🚨 However, signs of a potential market reversal are emerging, with active buybacks indicating a potential bottom for the Shiba Inu token. 🧐 What Lies Beyond $0.00001? 🧐 As SHIB strives to reclaim the coveted $0.00001 threshold, the enigma surrounding the massive 420 billion SHIB transfer deepens the intrigue. If the SHIB price consolidates around its current level, speculators predict a resurgence beyond $0.00001 could be imminent. 🚀📈 Investors are on the edge of their seats, eagerly awaiting further developments, as the mystery intensifies the anticipation for Shiba Inu's future. 🔗 Stay Tuned for Crypto Unveilings! 🔗 Excited about crypto mysteries and market dynamics? Dive into the unfolding narrative of Shiba Inu! For real-time updates on the latest crypto happenings, follow The Blockopedia. 🚀 #ShibaPricePrediction #ShibaPriceAnalysys #shibcode #cryptocurrency #crypto2024
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