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Vitalik Buterin shares updated 2024 roadmap for Ethereum 🔥🔥
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#US Dollar Analysis The US dollar is currently consolidating within a descending triangle pattern and rebounding from a horizontal demand zone. The Ichimoku Cloud is providing support beneath the price action as it tests the resistance trendline of the triangle. A decisive breakout or breakdown from this pattern will be crucial for signaling the dollar’s next significant move. Due to the US dollar’s usual inverse correlation with the cryptocurrency market, any major change could have far-reaching effects on broader market dynamics. #USDollarWarning #TetherAEDLaunch $USDC $USDP
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#BTC DOMINANCE ANALYSIS BTC.D is currently trading within a rising wedge on the weekly timeframe and encountering resistance at the wedge’s upper trendline—a formation typically viewed as bearish. The 21MA is acting as support just below. This setup suggests a potential decline in BTC.D in the near term, with a decisive breakdown of the wedge providing strong bearish confirmation. Should BTC.D trend lower while Bitcoin remains stable or bullish, this could signal the onset of an altcoin bull run. #BTCBreak71K #btc73k #BTC☀ $BTC
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#USDT DOMINANCE 🤔🍁 USDT Dominance has broken down from the ascending triangle pattern and successfully retested the breakdown level, with both the 50MA and 21MA signaling bearish momentum as they now act as resistance barriers. This suggests a potential continuation of the downward trend, signaling weakening dominance of stablecoins in the market. Since USDT Dominance often has an inverse relationship with the broader crypto market, a decline in dominance could indicate increased buying pressure in altcoins and a bullish shift in market sentiment. This makes the current level a key area to watch for potential market reversals or upward trends in cryptocurrencies. #USDT.D $USDC $USDP $BTC
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