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BTC zem 66 000 USD, longs stundas laikā noskuva 88 miljonus USD 🔪 $BTC #BTC #Bitcoin {spot}(BTCUSDT)

BTC zem 66 000 USD, longs stundas laikā noskuva 88 miljonus USD 🔪

$BTC #BTC #Bitcoin

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💥 Unlocking Chainlink’s Potential: Is $17 the Next Target for LINK Price? Chainlink (LINK) recently surged to $16.21 but faced volatility, currently hovering around $15.35.Technical indicators like NVT and MVRV ratios suggest LINK is undervalued, and favorable for investors.Historical data indicates LINK has the potential to rebound, with past rallies supporting a return to $17 or higher. Chainlink (LINK) experienced an upward trend to $16.21 on Wednesday, June 12. Nonetheless, this upward movement was rather short-lived, whereby the price became volatile and eventually pulled back to be a bearish breakout. However, with these price fluctuations, there is still great interest in Chainlink’s token, where trading volume exceeds $367m within the last 24 hours. At the time of writing the LINK price is approximately $15.35, therefore hereby revealing a weekly drop of 12.2%. These figures influenced the initial boost in the LINK prices by pointing to a lower Consumer Price Index (CPI). This saw broader crypto market recovery and its components, such as LINK, get a boost. However, these gains were indeed temporary when BTC and other altcoins reduced the highs seen during the bull run. Despite this recent pullback, LINK has found the range and remains in a location where another impulse to the upside could be possible. Technical analysis indicators like the Network Value to Transactions ratio and the Market Value to Realized Value ratio indicate that Chainlink could be trading at a discount which allows value investors to get into the coin at a good risk-to-reward ratio. $LINK #LINK #Chainlink
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🔥 298,000 Ethereum (ETH) in 24 Hours, What's Happening? There is a growing demand for Ethereum (ETH) on centralized trading platforms as the approval of spot ETF is driving bullish sentiments. According to CryptoQuant’s Head of Research Julio Moreno, Ethereum demand has spiked significantly. 🔸 Ethereum Buying Breaks Major Record As Moreno pointed out, Ethereum buying by permanent holders marked the second highest on record on June 13 with a total of 298,000 ETH acquired. Ethereum as a digital currency is not new to intense buying activity overall. Besides this recent spike in buying activity, Ethereum’s highest buying date ever came last September 11 when a total of 317,000 ETH were acquired in 24 hours. 🔸 Ethereum demand has spiked. 💬 Buying by permanent holders was the second highest on record yesterday: 298K ETH. The record daily buying was last September 11: 317K ETH. — Julio Moreno The explanation for this increased buying momentum is not far-fetched. Prior to the entry of institutional capital that might showcase a high affinity for spot Ethereum ETF, most retail buyers are taking positions as needed. This is a major coping mechanism for the intense liquidity war that might be activated very soon. The ongoing accumulation will grant current holders a major headstart should the price of Ethereum make a push toward new highs. One intriguing trend as seen in Ethereum is the price slump over the past week. The coin is down by 7.60% over the trailing 7-day period and the June 13 accumulation comes at a time when the coin flashed a major discount. The accumulation has sparked a mild trend reversal, jumping by 0.6% at the time of writing to $3,519.20. 🔸 What To Watch Out For In Ethereum Besides the numerous upgrades the Ethereum protocol has welcomed in the past year, the most important event to watch out for is the approval of S-1 registrations for the spot Ethereum ETF product. $ETH #ETH #Ethereum
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