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Ethereum spot-to-futures ratio hits three-year low — #ETH #spot #Futures #BTC #dyor
Ethereum spot-to-futures ratio hits three-year low —
#ETH
#spot
#Futures
#BTC
#dyor
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The chart is clear: 🔥🔥🔥 👉🏻The worst case: 60k broken => Triangle failed. BTC will take much time ahead in sideway range. 👉🏻The good case: 80k ~50% the height of triangle. 👉🏻The perfect case: 90-100k ~ 100% the height of triangle. 👉🏻I'm looking for the good case first. 😘 #BTCTo1Million #BTC、
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BTC Dominance Emergency Update 😤🔥🔥🔥 👉🏻A problem with ALts now is BTC dominance is likely to break out. #BTC #Dominance #BTCdominance
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BASE Insiders Generated Over $50M In A Week
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ETHENA URGENT UPDATE 🔥🔥🔥🔥 👉- The governance token of the Ethena protocol, ENA, has been successfully launched on major exchanges, showing an immediate positive performance of +90%. 👉- The token launch included an airdrop to the platform's first users, distributing a total of 750 million ENA to USDe holders. 👉- ENA's debut on exchanges like Binance, Bybit, and HTX has been met with enthusiasm, with a current trading price of $0.59 and a market capitalization of $840 million. 👉- The airdrop, totaling $450 million, was distributed to the community, with 750 million ENA tokens allocated to USDe holders. 👉- Ethena's success, which has quickly gathered around $1.3 billion, is partly attributed to the hype surrounding the airdrop, appealing to farmers. 👉- The project is now looking ahead to the second phase of distribution, aiming to maximize the protocol's usage and push ENA's token price to $1. 👉- April is expected to see the launch of several new cryptocurrencies with accompanying airdrops, including the highly anticipated W token by Wormhole and the utility token NIBI by Nibi Chain. 👉- Other potential token launches in April include EIGEN (Eigenlayer), Mode Network, Kamino Finance, MarginFi, MerkleTrade, and possibly a layer-2 ZkSync Era airdrop, expected to be the richest of 2024. 👉- These developments indicate a dynamic and eventful month ahead in the crypto space, with various projects launching tokens and conducting airdrops to engage and reward their communities. #ENA/USDT #Ethena! #EthenaENA
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IMPORTANT MARKET UPDATE 🔥🔥🔥 👉- Bitcoin remains near $66,000, while the CoinDesk20 Index suggests weakness in the broader crypto market. 👉- Crypto futures rates and open interest have declined, potentially indicating the end of a two-month rally. 👉- Ether is trading above $3,300, while the CoinDesk 20 (CD20) is down 0.6% to 2,532. 👉- The 10-year Treasury note yield reached a two-week high of 4.40%, influencing market sentiment due to inflation concerns and strong manufacturing activity. 👉- The increase in Treasury yields tends to divert money from risk assets, including Bitcoin, and zero-yielding investments like gold. 👉- Market sentiment is affected by uncertainties surrounding interest rates, with bettors on Polymarket ruling out a rate cut by May. 👉- Coinglass data shows over $245 million in long positions liquidated in the last 24 hours, with $60 million in BTC positions affected. 👉- Perpetual futures funding rates have returned to 1bps, and global futures open interest decreased by 10% overnight, suggesting closure of leveraged long positions. 👉- Some traders perceive the recent downturn as the end of a two-month rally, as BTC and ETH market prices dip below the 20-day moving average and bitcoin ETF inflows stagnate. #BullorBear #BTCTo1Million #BTC、
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