If we look at the medium term, the price has been moving within the ascending channel since August and has currently rebounded from its lower boundary, which indicates the potential for movement to the upper one, to the $0.7 area. The nearest resistance is the $0.59-$0.60 zone, where the mirror resistance zone and MA200 are located. Its breakthrough will confirm further growth, and the zone itself will act as support in the future.

Most of the crypto market is trading in the green zone

Bitcoin (BTC) $101,708 (+1.96%);
Ethereum (ETH) $3921 (+0.89%);
Solana (SOL) $226.09 (+0.84%).

Market cap: $3.83 trillion (+0.29%).
BTC dominance: 56.5% (+0.01%).
Fear and Greed Index: 83 (extreme greed).

BTC trading volume is $57.1 billion.
Total open interest is $63.3 billion.

What happened? The Avalanche Foundation, a non-profit organization created to support the blockchain of the same name, has fully purchased native AVAX tokens from the team of Do Kwon's Terra blockchain, which collapsed in May 2022. In October, the bankruptcy court of the Terraform Labs developer company allowed the Avalanche Foundation to buy back 1.97 million AVAX for $52.8 million at the current rate.

From November 4 to 10, there will be unlocks of hundreds of $million,
the largest:
➖ $NEON at $19.92 million (5.39% supply)
➖ $CFX at $11.58 million (1.57%)
➖ $GAL at $9.18 million (2.59%)
❗️ Be careful, these coins may react with a drop.
My id. 41400670
#Ukraine_Україна
#марафонец
$BTC
$XAI

The US Treasury believes that stablecoins need to be replaced with CBDCs. The main reason is that stablecoin issuers have invested about $120 billion in US securities and have become a driver of the popularity of US Treasury bonds. For example, the collapse of USDT could lead to a massive sell-off of Treasury bonds, thereby provoking a global catastrophe. The US cannot allow this.

After today's spill, many are already beginning to prepare for a deeper correction.

However, it is precisely at such turning points that sharp shifts in the opposite direction from expectations often occur.

I don’t expect a very deep pullback, I think the maximum they can take us to is $66,700 - $66,000.

Today, October 26, 2024, the cryptocurrency fell sharply at 2 am. I looked at the news on the Internet and did not find anything terrible. Manipulation and nothing more.
I would like to think that this was the last drawdown and the market growth is already close.
I have a list of coins that I am accumulating and will now make a purchase of them.

Dennis Porter, CEO of SatoshiActFund stated that state senators consider the idea of including BTC in the US strategic reserve an inevitability.
If the US government really starts buying BTC, THEN BITCOIN CAN NO LONGER BE STOPPED.
🚀🚀🚀🚀🚀
#BTC☀
#марафонец
$BTC

"Black Swan" - a concept that describes unpredictable and rare events with significant consequences that have special characteristics.
Forecast List:
💥The largest cyberattack in history.
💥A secret agreement aimed at stopping Iran's development of nuclear weapons.

The Arbitrum crypto project is preparing for another large token unlock scheduled for November 16. Within its framework, 92.65 million ARB tokens worth about $48.5 million will be released, intended primarily for the Arbitrum team, consultants, and investors.
This year, Arbitrum has already unlocked 1.1 billion tokens worth about $2.32 billion, which caused a significant price drop from $2.10 to $0.52. As the next unlock approaches, investors are closely monitoring price trends, support and resistance levels, as well as technical indicators to assess the potential market reaction.