Bitcoin Is Holding The Line - For Now!

👇1-11) Bitcoin is oversold, with influencers advising to "buy the dip" as altcoins hold steady. The 10x Research Greed & Fear Index is at low levels seen during market bottoms.

👇2-11) Bitcoin's decline is due to Mt. Gox releasing $9bn, the German government selling $3bn, miners offloading $2-3bn, ETFs selling $1.4bn, and old wallets selling $1.2bn, totaling $16-18bn.

👇3-11) Our trading signals predicted declines at 67,339 on June 12 and 61,113 on June 24, indicating deeper structural issues.

👇4-11) Hedge funds are closing positions, not rolling futures contracts due to low funding rates, with futures expiring on June 28.

👇5-11) ETF selling is now seen as bearish, suggesting institutions are exiting Bitcoin.

👇6-11) Bitcoin CME futures open interest has dropped significantly, indicating ETF sales are linked to futures.

👇7-11) Institutional ETF buying previously drove futures trading and funding rate expansion.

👇8-11) Arbitrage funds account for 30-40% of Bitcoin ETF inflows.

👇9-11) Recent futures liquidations are minor compared to 2021-2022.

👇10-11) Money inflows paused, contributing to a three-month consolidation.

👇11-11) Overly bullish futures traders and flat Bitcoin ETF buyers may lead to further liquidation, with Bitcoin possibly dropping to 50,000. #CryptoTradingGuide #BTC☀ #altcoins #eth

The latest analysis suggests that Ethereum (ETH), Toncoin (TON), Uniswap (UNI), and Monero (XMR) could experience rallies if Bitcoin clears the $68,000 mark. Here are the main points:

Bitcoin's Situation:

Bitcoin (BTC) has dropped over 4% this week, indicating bear activity near $70,000.

We are treating the dip to $66,600 as a buying opportunity.

To sustain buying in ETH, TON, UNI, and XMR, Bitcoin needs to rise above $68,000.

Bitcoin is currently fluctuating between $64,602 and $72,000, with critical support at $60,000.

Ethereum (ETH):

ETH is rebounding from its recent drop below $3,400, driven by the anticipated launch of spot Ether ETFs.

ETH needs to rise above the 20-day EMA ($3,612) to signal the end of the correction and aim for $3,730 and $3,977.

Failure to hold above $3,612 could lead to a decline to $2,850.

Toncoin (TON):

TON completed a bullish ascending triangle pattern, breaking out of $7.67.

If TON maintains above $7.67, it could rally to $10.

A slip below $7.67 may lead to a drop to the uptrend line or $6.

Uniswap (UNI):

UNI has risen from the 50-day SMA ($9) to the overhead resistance of $12.

If UNI surpasses $12, it could rally to $13.34 and $15.

A drop below the 20-day EMA ($10.24) could pull UNI back to the 50-day SMA.

Monero (XMR):

XMR's buying accelerated above $153, and it is currently testing $180.

A break above $180 could propel XMR to $190.

A sharp decline below the 20-day EMA ($163) could see XMR fall to $153.

In summary, while Bitcoin's performance remains critical, we suggest potential bullish moves for ETH, TON, UNI, and XMR if Bitcoin can stabilize and rise above key levels.

not financial advice

#ETHETFsApproved #tonecoin #XMR/USDT #Uniswap’s $BTC
$BTC

最近の米国消費者物価指数（CPI）と連邦公開市場委員会（FOMC）の動向と、ビットコインへの潜在的な影響。主なポイントは次のとおりです。

1. CPIの影響：米国のCPIは3.3％で、以前よりわずかに低い値でした。歴史的に、CPIの数値が低いとビットコインの価格が上昇し、今年初めのようなインフレ率が高い時期には下落しました。

2. インフレ傾向：レポートによると、米国のインフレ率は4月に3.5％でピークに達し、今後は低下すると予想されています。このインフレの緩和はビットコインにとってプラスに作用します。

3. FOMC分析：FOMCの最近の姿勢は、当初は金利予測の調整が予想されるためタカ派的と見られていましたが、市場センチメントに影響を与えています。FRBが利下げを減らすことを示唆しているにもかかわらず、市場の期待は楽観的であり、ビットコインに利益をもたらす可能性があります。

4. 市場動向：市場センチメントは引き続き楽観的であり、利下げの期待はFRBの修正予測よりも高いままです。この感情はビットコインの価格を支持するものと見られています。

5. 投資アドバイス: この分析では、CPI の低下とビットコインの価値の上昇を結びつける過去の傾向に基づいて、イーサリアムなどの他の暗号通貨よりもビットコインを優先することを推奨しています。

要約すると、CPI や FOMC の決定などの経済指標はビットコインに潜在的な影響を与え、最近のデータと予測に基づく好ましい見通しを示しています。

$BTC #BTCFOMCWatch #CPIAlert #altcoins #TopCoinsJune2024 #bitcoin
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