The crypto market hasn't moved much with major cryptos over the last day but is still under bullish control.
This is shown by the 1.49% increase in the market’s total market cap, putting this metric at around $1.74 trillion.
The market’s heatmap looks like this:

We can see a great deal of bullish dominance in the market, as shown by the heatmap above.

The last 24 hours have seen about $220 million taken from the general crypto market. However, the interesting aspect of this is how the bulls and bears have almost similar liquidation scores.
While $110.1 million has been taken from the bulls, the bears have lost about $110.5 million.
Overall, we can conclude that the bulls are in control of the market. Even though the market’s liquidations have been neutrally harsh towards both sides over the last day.  

Bitcoin: Bull Trap Of The Year?
Yesterday, Bitcoin rallied straight up to $49,000 yesterday, in what seemed to be answered prayers for the bulls. However, the bullish boat soon capsized when Bitcoin began to decline heavily, eventually hitting a daily close of $46,300.

At the end of the day, the bulls were liquidated to the tune of $41.97 million as Bitcoin continued to plummet downwards.
This week’s ETF approval being a “sell the news” event is still under speculation. However, this possibility is still not out of the question. Investors are advised to approach with caution.  

More Upside For Ethereum
Ethereum appears to have successfully converted the $2,450 zone into support, and continues going further upwards as shown below:

Ethereum currently trades at around $2,617 and is about to convert $2,500 to support.
If Ethereum is successful at this point, the bulls only need a small bit of momentum to spark a rally to $3,000 or even higher.  

The Return Of Jito
Jito, one of the most famous Solana-based cryptocurrencies, appears to be in a price recovery.

After falling straight down to $1.46 in the initial slump that affected Solana and all its other minor cryptocurrencies like Bonk and Pyth, Jito appears to be waking up again.
Jito is up by 13% today, starting what seems like a rebound move from here. If this setup is valid, Jito can rally all the way up, to anywhere between $2.9 and $4.46 in 39% and 113% price movements respectively  

FTT: Could This Be The Biggest Long Opportunity?
Keep in mind that this is not financial advice and that the FTX token (FTT) is marked as "monitoring" on Binance for a reason.

However, after a severe decline that has lasted since November 2022, FTT appears to be in a rebound from the $2.3 support. If this setup turns out to be valid, FTT has about a 90% rally to make towards its previous local high of $6.1.
And if this turns out to be THE recovery, FTT’s next resistance after $6.1 is around $22, in what appears to be a possible 609% rally.  

The Recovery On Constitution DAO ($PEOPLE )
The ascending trendline on PEOPLE below has been valid for most of 2024.

The cryptocurrency has now rebounded from this trendline and is aiming for a break above its previous local high of around $0.05789.
If PEOPLE successfully breaks above this resistance, the bulls will have confirmed their standing, and PEOPLE will be poised to continue further upwards to $0.073 or higher.
#BTC #ETH #PEOPLE #JITO #FTT
$PEOPLE $FTT $BTC

1. Bitcoin:
- Current volatility attributed to new spot ETFs.
- Potential for a crypto rebound from $42,500 to $47,000 this week.
2. Ethereum:
- Maintaining stability above $2,460.
- Promising signs for a rally towards $3,000.
3. Solana:
- Demonstrating bullish trends under $100.
- Aiming for a potential surge of about 40%, reclaiming previous highs around $126.
4. Jito:
- Found support at $1.43.
- Signals suggest a possible 40% climb, targeting $3.6.
5. Internet Computer (ICP):
- Consolidating above $11.7.
- Indications point towards a bullish trend with a potential gain of 40-60% towards $18-$21.
In the previous week, the crypto market experienced significant volatility, particularly due to the approval of spot Bitcoin ETFs. The market witnessed fluctuations where Bitcoin alternately outperformed altcoins, and vice versa, sometimes leading to simultaneous crashes or declines.
Despite the turbulence, we have identified several cryptocurrencies worth monitoring in the upcoming week, considering factors such as price action, historical performance, and relevant news.
1. Bitcoin:
Bitcoin remains a key focus, mainly due to the novelty of ETFs in the market and their uncertain impact on Bitcoin's price. The cryptocurrency exhibited both gains and losses attributed to ETF developments throughout the week, contributing to speculation about whether the approval was a "sell-the-news" event. Bitcoin, currently stabilizing around $42,500, might experience a rebound from the ascending trendline when ETFs resume trading on Monday. A potential rally to $47,000 is plausible if Bitcoin maintains support above $42,500.
2. Ethereum:
While Ethereum's performance may mirror Bitcoin's sluggishness, it has shown resilience above $2,460, a crucial support level for its near and medium-term outlook. Predicted to reach $3,000 or even $3,500, Ethereum's success in achieving this depends on maintaining support above $2,460. A potential rally to $3,000 is anticipated, but a break below the trendline could lead to a decline to $2,300.
3. Solana:
Solana, currently trading around $100, exhibits signs of strong bullishness despite facing psychological resistance. Staying above the ascending trendline, Solana is poised for an upward move. However, confirmation of bullish strength requires breaking and closing above the previous high of $126 from December 25th.
4. JITO (Solana-based):
JITO, a popular Solana-based cryptocurrency, has found support around $1.43 and appears to be in the midst of a rebound. The chart suggests a potential 40% rally to the next resistance point at $3.6. Trading at approximately $2.62 with a 26.5% increase in the last day, JITO exhibits a strong bullish presence.
5. Internet Computer:
Similar to Ethereum, Internet Computer broke above the $11.7 resistance and is consolidating above this level. The consolidation, marked by higher highs around $11, indicates a strong bullish trend. Internet Computer is showing signs of initiating a rebound, with a potential price target between $18 and $21, promising a 40–60% rally if conditions remain favorable.
Disclaimer: While Voice of Crypto aims for accuracy, it does not take responsibility for any missing facts or inaccuracies. Cryptocurrencies are highly volatile, and users are advised to conduct thorough research and make informed financial decisions.

#BTC #ETH #SolanaSurges #JITO #ICP
$SOL $ICP $ETH

The Jito (JTO) Airdrop kicked off on December 7, causing a massive jump in the token price, soaring over 600%, as reported by Coinstats. The price reached a high point of $4.36 but has since corrected to $3.7 at the current moment.
Jito (JTO) Airdrop and Binance Listing Details
In a nutshell, JTO stands as a governance token linked to the influential Jito Network, making substantial contributions to the Solana ecosystem.
To qualify for the JTO token airdrop, participants had to stake with Jito from November 25, 2023. Eligible participants included various platform users such as validators, traders, and MEV searchers. The airdrop allocation is distributed across different tiers based on engagement, with 80% going to stakers, 15% to validators, and 5% to MEV searchers.
Once the airdrop is live, eligible participants can claim their tokens on Jito’s website by connecting their wallet, following which Jito will transfer the earned tokens. It’s crucial to note that any unclaimed tokens after 18 months will be moved to the project’s treasury.
Binance Listing Announcement: Binance, a prominent cryptocurrency exchange, listed the JTO token and revealed that trading would commence at 16:30 UTC.
JTO Token: Empowering Decision-Making in the Jito Network
The JTO token plays a pivotal role, granting its holders the power to shape the future course of the Jito Network, particularly within the Solana ecosystem.
Holders can make impactful decisions, ranging from setting fees for the JitoSOL stake pool to updating delegation strategies, managing the DAO-held treasury of JTO tokens, and contributing to the development of Jito’s protocols and products.
Jito Network’s Role in Solana Staking and Validating
Jito takes center stage in enhancing staking and validating activities on the Solana network. In contrast to traditional blockchains that may incentivize stakers in ways that harm the entire chain, such as generating fees through spam transactions, Jito tackles this issue differently.
It establishes a pool of SOL tokens, stakes and validates them using its network, and converts SOL into JitoSOL—a representation of SOL on the network. The rewards generated are then passed back to the users, ensuring a more sustainable and efficient approach to staking on the Solana network.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#JTO #JITO $JTO