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$ETH hit 3600$ milestone #bullish after market stable #Ethereum #WIF #BinanceHalving #HotTrends
$ETH
hit 3600$ milestone
#bullish
after market stable
#Ethereum
#WIF
#BinanceHalving
#HotTrends
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Using NUPL, we can identify the Euphoria phase of a bull market when unrealized profits exceed half the market capitalization (NUPL > 0.5). In the 2020-21 cycle, this phase started 8.5 months after the Bitcoin halving and lasted 10.5 months. However, in this cycle, #NUPL reached 0.5 about 6.5 months before the halving. #ETHETFS #BTC #bitcoinhalving
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$BTC VIP Analysis BIAS: Mid-Term: BEARISH Short-Term: BULLISH As expected the price action of $BTC was successfully rejected from its Horizontal Resistance level which we expected. Currently, the price action is consolidating at its Horizontal Support level, and the price action has to hold out at this level to show us further upward movement - MAIN INTEREST LEVELS ⬇️SHORT⬇️ $62,474 ⬆️LONG⬆️ $63,339 PREDICTED DAILY RANGE $59,461 to $67,035 #RNDR #bitcoinhalving #BTC #bitcoinhalving
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