Big News Alert ‼️ - Hong Kong approves spot Bitcoin & Ethe | Crypto-Geek a Binance Square-en

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Big News Alert ‼️ 
- Hong Kong approves spot Bitcoin & Ethereum ETF application. 
- Germany’s biggest federal bank, plans to start offering cryptocurrency custody services  👈
#BinanceLaunchpool #IranIsraelConflict #bitcoinhalving #BullorBear #Memecoins 

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$ETH $BTC $SOL Thursday stayed mostly flat, with most altcoins seeing deeper corrections before a strong bounce going into Friday. Bitcoin tested its local highs at $68k, with a break potentially coming today. Friday has been the top % day over the last 30d. We'll see how market shapes up over the weekend. Weekly watchlist will be posted on Sunday as usual. Make sure to read up on all updated setups!! Have a good weekend and trade carefully!!! #MemeCoinTrending #SCRSpotTradingOnBinance #USRetailSalesBoost #TeslaTransferBTC #BinanceLabsInvestsLombard

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$ETH 's IMPORTANT UPDATE 🚨 inverse chart is breaking below the 4H support (pink zone) + the Quarterly VWAP on 4H, a 4H close below would be very important to send $ETH back to $3500 zone. The chart is literally a textbook setup in terms of price breaking below trendline impulsively, giving a bearish retest and falling back down, complete textbook move. I understand that $ETH is lagging alot in comparison to $BTC but you are missing the bigger picture. Grayscale Ethereum fund has seen more than $1.5B in outflows already and they only have $9.2B in total. At this pace, the outflows will be exhausted in around 2 weeks only and then you'd have the same playbook we saw in case of $BTC, $38K - $72K ✅ #BinanceTurns7 #ETH_ETFs_Trading_Today #VanEck_SOL_ETFS #ETHETFsApproved

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$ETH Analysis+Signal 🚨🚀 1. ETH has been a slow downtrend for June, but it has began building a range as it finds levels to stabilize on. I believe ETH will build a solid higher low here as we approach the ETF listing 2. Keep in mind once the ETFs are listed, Grayscale will go through selling pressure as the ETFs rebalance due to fee differences. This will lead to a corrective period post listing. 💸 My main scenarios for this week: 1) Look for a breakout of the trendline as price crosses $3500 which should a breakout towards the $3585 and $3670 level. I do expect ETH to outperform BTC for such a move, hence the high targets. Speculative to say but a local top could align with the ETH ETF listing rebalancing with Grayscale, which will bring selling pressure. 2) Look for a breakdown of the recent support at $3350, this could lead price to move lower and retrace the approval pump. Good levels below are $3280 and $3160. For when the listing happens, look for ETH to begin correcting as it rebalances, this will be more of an event based trade rather than level based trade. I am unsure where this local top may form or how much the market will move up before this. #ETH_ETFs_Approval_Predictions #ETHETFsApproved #CPIAlert #eth ======================

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$BTC Analysis + Signal Alert 🚨 1. Bitcoin began the week by continuing a strong move down as the selling pressure ramped up. Price reached supports down in the 58k area, where a gap was filled from the last major bounce and then price found stability above the $60k level. This week is setting up well as we are reclaiming major resistance at $62k, this reclaim is leading to a major bounce across the market. 2. The summer seasonality has made things more difficult for trading conditions, but market is still able to give us these range moves to play, level by level. 3. Now that the Halving is in, focus your power on any upcoming uptrends. It won’t beanything instant but it could take weeks to month to begin really pushing. My main scenarios for this week: 1) Look for a breakout of the $62700 level for a move back towards the mid range at $65k. Good targets as we flip this level are $63300, $64100, and the mid range at $65k. Anything higher than the mid range could begin a move into the higher bound of the range, which is still speculative, so I will not play that yet. 2) Look for a breakdown at the $60k level as that is where the unprotected lows stand, this level is where a larger move down could begin. A breakdown at the $60k could lead to a move down to supports at $59200, $57300, and $55800. 5. I will be updating the charts and scenarios through the daily watchlists. #BinanceTournament #ETH_ETFs_Approval_Predictions #BTC☀ ====================================

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$SEI Guide For a Long/Short Trades 💸🚀 1. SEI saw good resistance at the $1 level once again, and deviated the whole move it had. Since then, it fully retraced the whole range and revisited the yearly open. We are currently under the yearly open as we are looking to begin the week. Unless reclaimed at some point in the week, this doesn't look the best. 2. SEI did break the flag with good momentum. It has been retracing since touching the yearly open but could be setting itself up for a retest and continuation. 3. For a long position, look for SEI to break the yearly open at $0.5602 as it breaks out of the flag, under that and there is no bullish scenario. Good levels on the way out of the bull flag are $0.625 and $0.67. 4. For a short position, look for continued acceptance below the yearly open, with a breakdown near $0.46. Good targets are $0.42 and $0.38. Similar to TIA, this is a new coin so downside volatility is most definitely going to be more violent. ===================================== #altcoins #sei

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