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https://safu.im/sT6f1cF4PIEPRASĪT SAVU DAĻU NĒ

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Atbilstošs autors

Rapha002

@Square-Creator-739799288

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Guys, to summarize all of the current market #CryptoCPIWatch condition, these are what's happening on recently : 1. We have an unanticipated US-China trade deals during the weekend. A lot of drama around it but after all, the outcome was great. At least, we have 90 days cooling off period which both parties have agreed to reduce the import tariff. 2. This is a good outcome for all of the investment instrument, especially the equity market and probably the crypto market. That's why current price action looks very very strong. 3. There is no sign of exhaustion for BTC at the recent rally. Funding rate is still low considering we are in 42% rally from the local bottom and spot demand remains high. All of the driven factor is coming from the spot market buying, not from the leverage position. 4. However, we have to be cautious as the treasury yield is still spiking up. Currently the US10yr is standing at 4.445% even after the trade deal announced. Please be remindful that Trump's objective is to decrease the interest rate. But at current condition, rate is still at the high level. My guess is the bond market will next become the Trump's priority. Otherwise, there is high risk of default in credit.

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#AltcoinSeasonLoading what do you feel about today's $ETH performance

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$ETH Guys, a little bit of thought on ETH as a lot of people are now saying that ETH is reviving or ETH is going to $10k or whatever they want to say. But in my opinion, it's not likely that ETH will survive. The main reason of why ETH is having a nice run simply just because it's at the very very oversold level and guess that some HFT algorithm bots are executing buy to cover the efficiency. Just it. Pectra upgrade is also giving it good narrative which I believe some smart money is using it to boost the price up as well. That's why we have some run here. But I'm still staying at my current bias which the era of ETH is extinct. It will soon become the next LTC, EOS, ADA, Polkadot and other old-fashioned projects. The game is now for the new L1 which is cheaper, quicker, and more compatible for developers. Solidity is just for old men in the bronx, it's full of flaws and I think that ETH can't compete with new L1 like SUI, SOL, or Sonic. What I'm looking at right now is the higher the ETH price goes, it'll be better for us to use it as our exit plan. I don't think we can see ETH to surpass $4000 in this run or in this cycle. It's time for ETH to go home.

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$BTC I also think that it's now safe to say that we will break new ATH on BTC anytime sooner than we ever expect. I'm expecting a new rally to the area of $120k-$130k until September this year (even it can extend to $150k level). However, there will be huge crash again along the way to the upside. But, it surely is not a good decision to short and expecting a crash because you know that BTC will be like crazy when the euphoria come. Hold your bag tight, don't sell any single BTC you have!

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take profits

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Jaunākās ziņas

Ethereum(ETH) Surpasses 2,600 USDT with a 4.08% Increase in 24 Hours

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OpenAI Considers UAE Data Center Amid Trump's Middle East Visit

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BNB Surpasses 660 USDT with a Narrowed 0.74% Decrease in 24 Hours

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Bitcoin Surpasses 104,000 USDT Amid Daily Gains

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Infinite Node Foundation Acquires CryptoPunks NFT Collection

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