#BSCOnTheRise very bullish | Anonymous-User-784f1 on Binance Square

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Bullish

#BSCOnTheRise very bullish

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#2024WithBinance Ethereum (ETH) has been gaining attention due to a significant rise in its Total Value Locked (TVL), reaching $71.6 billion, the highest since 2022. This indicates strong market confidence, with increased activity in Ethereum-based decentralized finance (DeFi) protocols. Over the past month, ETH's price has climbed approximately 48%, driven by positive funding rates and a growing balance in buyer-seller trading ratios Despite this bullish momentum, concerns like high net outflows (e.g., $96.4 million withdrawn recently) could temper further growth in the short term. Analysts suggest that while ETH has potential for continued appreciation, resolving liquidity challenges and maintaining investor confidence are crucial for sustaining its upward trajectory If you're investing or following Ethereum, keeping an eye on market dynamics, including derivatives activity and DeFi engagement, will provide valuable insights into future trends.

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$BTC Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump's decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president will push through measures to deregulate the sector. The cryptocurrency soared through the mark to a peak of $103,800, having enjoyed a blistering rally since the November 5 election of Trump, who pledged on the campaign trail to make the United States the "bitcoin and cryptocurrency capital of the world".

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$ETH Ethereum (ETH) has been experiencing notable market activity. Over the last month, ETH's price surged by approximately 48%, driven by increased confidence in the Ethereum ecosystem. The rise in Total Value Locked (TVL) to $71.6 billion, a two-year high, highlights its growing adoption in decentralized finance (DeFi). However, challenges like net outflows, with $96.4 million withdrawn recently, could delay further rallies. Analysts point to the importance of liquidity inflows and continued investor interest to sustain Ethereum’s upward momentum. Factors such as positive funding rates and increased activity in derivatives markets suggest optimism for ETH's future, though near-term fluctuations remain possible.

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#ETHOnTheRise Ethereum (ETH) has been gaining attention due to a significant rise in its Total Value Locked (TVL), reaching $71.6 billion, the highest since 2022. This indicates strong market confidence, with increased activity in Ethereum-based decentralized finance (DeFi) protocols. Over the past month, ETH's price has climbed approximately 48%, driven by positive funding rates and a growing balance in buyer-seller trading ratios Despite this bullish momentum, concerns like high net outflows (e.g., $96.4 million withdrawn recently) could temper further growth in the short term. Analysts suggest that while ETH has potential for continued appreciation, resolving liquidity challenges and maintaining investor confidence are crucial for sustaining its upward trajectory If you're investing or following Ethereum, keeping an eye on market dynamics, including derivatives activity and DeFi engagement, will provide valuable insights into future trends.

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$BTC 100k coming soon

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