❌Market liquidations over the past 24 hours, CoinGlass: ~43 K traders, totaling ~$162 million - ~40% long positions and ~60% short positions.$BTC
The launch of trading #ETF -Ethereum will take place on July 23. ETFs from 21Shares, Fidelity, Franklin Templeton, Invesco and VanEck have received final regulatory approval.
📈BTC rose to 67.5K on this news, testing the resistance level. If the launch goes well, we can see continued growth against this background within the framework of my scenario - to 70-72K, already next week.
❗️But it is worth understanding that market movements will be affected not by short-term inflows of funds, but by medium-term and long-term ones. Therefore, we may not see immediate growth. But the scenario with a rebound from $BTC 72K downwards is still acceptable. We'll look at the situation.
❌Liquidations on the market over the last 24 hours, CoinGlass: ~51 K traders, totaling ~$145 million - ~70% long positions and ~30% short positions.
$BTC continues to unload the indicators, there are no new important price movements. We are around 64K and can continue a short-term decline towards the support zone, with the goal of its full retest. And only after that continue to grow towards 67K, and then to 70K📈
❗️It can be assumed that the ongoing refunds from Mt.Gox may begin to put a lot of pressure on the price, but 55% of customers said they have no intention of selling their BTC. Therefore, I personally do not expect a price dump, but I fully admit a medium-term decline towards 50K.
The market can now be more influenced by fundamental data, such as important statements by Trump in the United States or something similar.
❌Liquidations on the market over the last 24 hours, CoinGlass: ~33 K traders, totaling ~$90 million - ~30% long positions and ~70% short positions.
Despite the weekend, #Bitcoin shows volatility. The price once again tested the upper border of the “bear flag” at the intersection with an important resistance zone at 60K📈$BTC
👀It is important to watch the seller’s reaction here. If he confirms his intentions, then the rebound will most likely lead to the full development of the downward pattern - a fall to 50K.
Let's see how the week closes. But let me remind you that if the buyer manages to break through and gain a foothold above 60K #BTC on higher timeframes, the downward scenario can be canceled. $BTC
❗️The price is now in the decision-making zone. Don't rush, it's better to wait for confirmation.#BTC
Daily review $BTC ❌Liquidations on the market over the last 24 hours, CoinGlass: ~30K traders, totaling ~$84 million - ~50% long positions and ~50% short positions. #BTC☀ There are no important changes in the chart. The price is systematically moving within the ascending channel, which is a pattern of continuation of the downward trend📉 $BTC While we are within its borders, it is worth working from them, short-term. In the medium term, of course, you should be prepared for the fact that the most likely scenario is a breakdown of the lower border and a continuation of the fall❗️
But in any case, it is worth understanding that if it is pressed to 60K and the structure of the pattern is violated, this scenario will be canceled and BTC, if it breaks through and #Bitcoin consolidates above 60K, may change the trend in favor of an upward one. There are no prerequisites for this yet, but the risks are worth taking into account.
❌Market liquidations over the last 24 hours, CoinGlass: ~46 K traders, totaling ~$150 million - ~75% long positions and ~25% short positions.
#BTC☀️ continues to confirm the boundaries of the ascending channel, which acts as a continuation pattern for the fall. After testing the upper limit twice, BTC fully bounced down and is now heading towards 55K📉
👀We can see another rebound from this mark and fully approach #BTC 60-61K to test the broken support zone at the intersection with the upper border of the channel.
And at the next testing of the lower boundary, break through it and continue to fall to the psychological mark of 50K. The indicators have already unloaded, so it will be much easier to continue the fall.
❌Liquidations on the market over the past 24 hours, CoinGlass: ~32 K traders, totaling ~$88 million - ~70% long positions and ~30% short positions.
The pattern confirms its boundaries. Bitcoin managed to bounce down from the upper boundary immediately after testing $BTC 59.5K.
I think that we will still see 1-2 tests of marks within #Bitcoin 60K, and after that, when the lower border is broken, we will go to work out the downward scenario to the height of the flagpole, to 50K📉$BTC
$BTC ❗️The only thing that can now cancel the downward scenario is the return of the price above #BTC☀ 60K on increased buyer volume and consolidation there on higher timeframes. There are no prerequisites for this yet, so my main scenario is a continuation of the fall.
❌Liquidations on the market over the last 24 hours, CoinGlass: ~35 K traders, totaling ~$108 million - ~40% long positions and ~60% short positions.
There are no important changes yet. The price is still moving within the bearish flag, and testing$BTC 60K is nothing more than an increase from the lower border of the flag to the upper one📈
❗️#Bitcoin Let's see if there will be a rebound down from the current levels. If yes, this will confirm the formation of the pattern, and you can safely work from its boundaries for a short time.
At the same time, breaking through the lower border will indicate the priority of a further fall to the area $BTC 50K📉
We are waiting for the pattern to fully form and make a decision on transactions.#BTC☀️
Lionel Messi promotes WaterCoin (WATER) memecoin powered by Solana
Argentine footballer Lionel Messi attracted the attention of the cryptocurrency community with an unexpected story on Instagram* (a social network banned in the Russian Federation), in which he advertised the WaterCoin (WATER) memecoin based on Solana Recently, celebrity accounts on social networks are increasingly being hacked. Now, football legend Lionel Messi, whose Instagram audience* has more than 504 million followers, is likely to be targeted by scammers. However, everything is not so simple.
#Bitcoin ❌Liquidations on the market over the past 24 hours, CoinGlass: ~61 K traders, for a total amount of ~$247 million - ~45% of long positions and ~55% of short positions. BTC is moving according to the scenario, starting to form a pattern. It’s difficult to evaluate yet, but it looks like a “bearish pennant / flag”, which indicates the potential for continued downward movement📉❗️$BTC Within its framework, if it confirms its boundaries, the price may rise and test marks within 60K and, after full formation, continue to fall $BTC to 50K. #Bitcoin This is a tentative scenario for now. In any case, additional confirmation is needed to speak more confidently.#BTC☀
The dollar is stable ahead of the Fed chairman's speech. The dollar held near multi-week lows on Tuesday, trying to recover from unexpectedly weak labor statistics on Friday. Traders are waiting for the head's speech. Jerome Powell's Federal Reserve in hopes of getting fresh clues about the future trajectory of interest rates. Euro EURUSD and British pound GBPUSD did not show noticeable dynamics, being near the levels of $1.083 and $1.2806, respectively. Antipodean currencies were also inactive: the Australian dollar #AUDUSD traded at $0.6741, and kiwi #NZDUSD traded at $0.6126.
On the 4-hour timeframe, the coin realized a fairly powerful rebound, which looks good even against the background of all other coins.#NOTCOİN
$NOT This movement also led to a breakdown of the trend slope resistance and the moving average ma200. If the price manages to gain a foothold in the current area, then I expect continued growth, so speculatively you can buy back with a stop at $0.0147 and the main target at $0.0217 ✅
Price: $0.01719 (NOT/USD)$NOT Market Cap: $1.56B USD Trading volume for 24 hours: $734.58M USD Number in circulation: 102.49B Price change over the last 24 hours: +47.55% ANALYSIS
Technical indicators: Trading volume; Significant trading volume of $1.35 billion over the past 24 hours indicates increased interest in the asset.
Not just “tap”. What are the tools for making money on Notcoin?
#NOT🔥🔥🔥 In addition to trading the new token, crypto exchanges offer other services that allow you to get additional profit.
In early June, the average market rate of the Notcoin cryptocurrency set a maximum at $0.028, according to Coinmarketcap. This is almost three times higher than the values at which the token was trading a few minutes after listing on crypto exchanges on May 16. Trading takes place on the largest platforms, including Binance, OKX and Bybit.$NOT
In the middle of the week, the US House of Representatives is expected to approve or override US President Joe Biden's veto of the US Securities and Exchange Commission (SEC) amendment to accounting rules SAB 121. Let us recall that the current rules of the Accounting Bulletin oblige banks to reflect digital assets on their balance sheets as customer deposits, as well as to ensure their 100% reserve and insurance.
In May, 55.6% and 61.2% of members of the House and Senate, respectively, voted for a resolution repealing the SEC amendment. To override Biden's veto, opponents of the incumbent president's decision would need a two-thirds majority in both the House and Senate.
I completely ignore the locking options for now and keep my coins in HOLD.
#TONCOİN This opinion is confirmed by the fact that in the long term TON is a very good project. I realized this after the introduction of Notcoin and the adaptation of clickers in telegrams, so I can say with confidence that it is advisable to have this coin in your investment portfolio 💼#TONUSDT
❌Liquidations on the market over the last 24 hours, CoinGlass: ~82 K traders, for a total amount of ~$248 million - ~70% long positions and ~30% short positions.
As stated, V-shaped bounce is very rare. BTC quickly returned to the local minimum, taking with it a large number of long positions📉
Let's see whether there will be an attempt to continue the fall after #Bitcoin short-term unloading or whether the price will begin to form some kind of pattern. I'm more inclined to the second option, since the indicators are still overloaded.
📉Medium term, $BTC may still test the psychological mark of 50K, but I don’t think we’ll be here for long. As I said yesterday, I don’t expect a correction that will be too long. Large players will take positions, collect liquidity and the price should go up.
Team #TRON is working on a solution for free P2P transfers in stablecoins. This was announced by the founder of the project, Justin Sun. He expects that the mechanism will be implemented in the fourth quarter. After that - in Ethereum and other EVM-compatible networks.
According to analytics company Artemis, Tron leads in stablecoin activity, surpassing BSC in the number of active wallets, and Ethereum in terms of coin turnover.#TRON According to DeFi Llama, the value locked in Tron is $7.15 billion. Of the total, $58 million is in “stable coins.”
Let us recall that Arkham estimated Justin Sun’s fortune at $1.04 billion. About a third of the entrepreneur’s wealth comes from stablecoins.#TRON
❌Market liquidations over the past 24 hours, CoinGlass: ~46 K traders, totaling ~$183 million - ~20% long positions and ~80% short positions.#BTC☀
Liquidation of short positions continues, the market shows a good upward rebound over the weekend📈 However, we remember that serious confirmation is needed for a full rebound. The market rarely turns in a V-shape. 👀Therefore, I will remain the same, you need to wait for the formation of a pattern, for example, a “bearish pennant”, which will indicate a decline to 50K or a “double bottom”, which will indicate a reversal and growth back above $BTC 60K. ❗️Until then, whatever the rebound, there is a possibility of manipulation, and positions should be opened with extreme caution.#Bitcoin
On the evening of Friday, July 5, quotes of the first cryptocurrency returned to the level of #Bitcoin $56,000. Over the past 24 hours, the asset has added 4%.
At the time of writing, Bitcoin is trading at $BTC $56,600. All digital assets from the top 10 by capitalization moved into the “green zone”. The biggest gains in 24 hours were #Toncoin (+14.5%), Dogecoin (+12.4%) and Solana (+8.2%)
Although the past week was unsuccessful for most crypto assets, some AI tokens were still able to hold their positions. This week's top picks included Zignaly (ZIG), Aethir (ATH), and Artificial Superintelligence Alliance (ASI). Promising cryptocurrencies: top AI tokens 2024 Zignaly #ZIG Zignaly's 2.5% price increase was the best performance among AI tokens this week. At the time of writing, #ZIG is trading at the important level of $0.105, trying to consolidate higher and confirm it as support. If the attempt is successful, the altcoin could rise to $0.112.