Price broke the resistance area and retested it. The price is now testing the all-time high resistance area, and once it breaks above $260, FOMO will kick in, leading to high volatility.
#ALT dipped back to the expected support zone and gave a reaction from there around 7% in favor. #BTC needs to stable down and to have a altcoin rally in the market. $ALT
✅ Bitcoin renewed its price high again, almost reaching $95,000, but most altcoins are not experiencing the best of times, Bitcoin's dominance is growing ↗️
Daily Digest:
🔸 South Korea will push 20% crypto tax in 2025
🔸 Kid launched a meme coin and sold all of his tokens live on stream getting $30,000 out of nothing 👦
🔸 SEC delays Franklin Templeton crypto index ETF decision
🔸 FTX co-founder Gary Wang was sentenced to time served plus forfeiture of assets
🔸 MicroStrategy was the most actively traded stock today, with shares hitting a new peak price
🔸 A user accidentally sent $129M USDT to a scam address while attempting a transaction 😐
🔸 MicroStrategy offered $1.75 billion worth of zero-interest convertible notes to buy more BTC
Price is currently testing the support area and needs to hold this level to enable upward movement. You can open a long position at the support area with a tight stop loss. We might see a bounce from the support area.
#HOOKUSDT The price is moving in a triangle and the compression of the price can be seen completely.
We expect that if the price wants to take an upward trend, it will correct a little to the range of 0.3280-0.3604 and then move towards the downward trend line and break it and become a strong rally. continue to rise. But if our support limit doesn't work and the price can lose it, we can see the price fall further.
DYM is consolidating within a symmetrical triangle pattern and is currently encountering resistance at the upper trendline.
The Ichimoku Cloud further reinforces this resistance barrier. A decisive breakout above or breakdown below the pattern is needed to confirm the next directional move. $DYM #COSSocialFiRevolution
ETH forming a small range after the large impulsive move up. Altcoins are barely rising with the Bitcoin and ETH remains side ways, once BTC stables down, we can expect large rally in altcoins and specially in ETH 1st.
#TON is build a strong support zone of $4.60 - $4.88 and broken the small downtrend channel pattern. Price shifted the bullish phrase and expected to move further higher towards $6.95.
Price is currently approaching the resistance area. This is a no-trade zone, and it's better to wait for a breakout above the resistance area before making any new entries.
A trader invested 7.84 SOL ($1.9K) to acquire 89.19M ELIZA meme coins and quickly sold 49.49M ELIZA for 7,091 SOL ($1.72M) after a massive pump 🧪
With 39.7M $ELIZA still worth $1.95M in their wallet, it’s hard to ignore the possibility that this trader had insider knowledge before the ai16z partner made a post about upcoming project with the same name 🤓