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Trader SJ
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💰 $ETH formed a descending channel, or it's a bull flag on a bigger timeframe? Waiting for a breakout. JUST IN: Hong Kong's $BTC BTC & $ETH ETFs officially approved to begin trading on April 30th. #ETH #BullorBear #etf #EthereumETF

💰 $ETH formed a descending channel, or it's a bull flag on a bigger timeframe? Waiting for a breakout.

JUST IN: Hong Kong's $BTC BTC & $ETH ETFs officially approved to begin trading on April 30th.

#ETH #BullorBear #etf #EthereumETF

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$ETH #Ethereum started its rally? After a breakout the price increased by 17.17%. There is a probability now to see a retest at around $4100 (previous high). #ETHETFS
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Gill's post on Sunday featured an image of a man leaning forward in his chair, a meme often used by gamers to indicate a serious turn of events. Read more about the $GME surge at the link in bio! If you want to join our Discord Trading Community, DM the word "OS" for more info! #gme #gamestop #keithgill #roaringkitty #stocks
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$BTC Review Market liquidations over the past day, according to CoinGlass: ~71K traders, totaling ~$130 million — approximately 80% long positions and 20% short positions. Last week, risk assets like BTC came under pressure due to geopolitics and rising inflation expectations in the US. This led to a bounce from 63.5K to 60K. Currently, at the start of the new week, there’s no significant buyer activity. Rather, there’s a local squeeze towards 60K, where an important psychological support zone resides. There are chances for growth, but only if BTC breaks above 63K and manages to hold there. Nonetheless, the prospects favor breaking below 60K and initiating a descent towards the lower boundary of the descending channel. That’s what I’m counting on. #bitcoin #btc #ETHETFS #ETFvsBTC
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#Bitcoin & #Ethereum are both in descending channels, forming a downward trend. Compared to previous scenarios with money flow on the 1D, it seems they're trying to reverse to the upside. BUY/LONG positions could become available if, on a macro level, we see a higher low that could potentially retest the top of these channels. According to the market structure, there's also a probability of retesting $2.5k $ETH and $52k $BTC
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The #Bitcoin network 🚀 has successfully completed over 1 billion transactions since launching in 2009. It took Visa 25 years 👅 $BTC #crypto2024 #cryptonews #bullorbear
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