#ETH Now about Ethereum, here our situation is much more interesting, we have withdrawn a lot of liquidity, and have also broken through the support level and are now standing at a very strong mirror level, and in principle from which purchases are now taking place and we are getting a Long movement, while here on its own the situation looks about the same as on Bitcoin, since on the CME exchange we also have a Gap in the range ($2764 - $3000), so for now the situation here is the same
#BTC 👁Well, well, our next scenario worked out fully, only the only thing is that I didn’t expect that the weekend would send us so low, yes, I expected a drop to $58k to cover the Gap, well, not so much, so it’s time to update our analysis . 🤑For Bitcoin, if we take into account the same CME exchange, then here we have a Gap at the top in the range ($59,445 - $62,470), and as we already know, the Gaps overlap 100%, there is of course the possibility that we either now We’ll go sideways, or we’ll go down again, but I think that won’t happen, because because of this strait, we knocked out logisticians for a total of $1 billion, which is actually a very impressive amount, so in principle, the situation looks like Longovo for now , and I don’t see much sense in shorting, because we have an obvious target in the form of Gap⬅️
Large capitals continue to gain the #MKR token 🐋 A total of $1.6 billion worth of coins were bought overnight, and this is just the beginning. After the spill, procurement began. From an analysis point of view, after a crazy fall in the market, this asset showed a downward movement, and at the moment we have hit a very strong mirror level. If this trend continues, then in the near future we will be able to return to our previous trading range. Therefore, try to take a small part of this coin on futures or spot, as a local position. 💰Don’t forget to observe the risks, although shopping is going on, in any case, sales may appear at the moment. 😂Anonymous
💸 Bitcoin remains on the right track Analysts at Bernstein note that institutional adoption of Bitcoin remains on track despite market turbulence. ✔️ The current market correction is explained by fears in the stock market and broader economic issues, rather than problems related to cryptocurrency. From a long-term perspective, analysts remain optimistic.
Warren Buffet actually stockpiled cash last year It is not difficult to research the process of Berkshire Hathaway accumulating cash during the past period, when their reserves reached more than $ 100 billion (specifically 147, a record until the number 277 at the recent time). was widely announced in the media However, not only BH is doing this, the cash reserves of Big Corp in the US are also increasing and reaching a record level of $4.11 trillion for the first time, according to data published in June 2024. The tycoons around the world who store cash must know something much before us Yesterday the entire stock market was stained with blood except for stocks of weapons and military equipment groups. War is near
📉Bitcoin is in a downward spiral, experiencing a sharp drop of around 12% in the last 24 hours, pushing its price below the $52,000 mark. ▪️This decline isn't limited to Bitcoin; Ethereum is also taking a hit, losing over 16% of its value, dipping below $2,200 per coin. ⚡️The combined effect of these losses is staggering, with liquidations reaching a total of nearly $300 million in the past day. Analysts speculate that the recent turmoil in the Middle East, coupled with the general downward trend observed in global stock markets towards the end of the week, could be contributing factors to this crypto downturn. 👀 The question on everyone's mind is: should we buy, buy more, or lock in our profits?
#BTC☀ No, I am not writing a script for the movement of BTC. No, I don't see the future. And no, I'm not Vanga. 💸What's the secret? Fundamental analysis, technical analysis, candlestick analysis, wave theory. Oh yes... Turn on your head. Remember the adoption of BTC ETF? What was our average fund break-even level?... Somewhere in the $58,000 range, right? This is where some used BlackRock and Vanguard are located? 🕸And can this level act as a kind of support zone?... Think... 💲P.s. Next prophecy before the end of the year: BTC > $100k
Noticed whale activity again🐳 Large capitals continue to gain the #ENA token 🐋 A total of $792 million worth of coins were bought overnight, and this is just the beginning. Violas have begun to be purchased again. From an analysis point of view, the token is moving downwards in a moving wedge, and now we have hit a support level from which we can get a long, and if purchases continue, we will be able to see a breakout of the upper limit, which will give a very strong growth for this asset. Therefore, try to take a small part of this coin on futures or spot, as a local position.
Now about #ETH Ethereum, here the situation so far looks as negative as possible, since we see a certain manipulation in the form of an attempt to break through the support level, and in fact the asset looks like it will go to $2700, since I don’t see strong confirmations for a reversal, so for now According to the analysis, everything looks like the price will drop to $2500, but we don’t panic yet, because if the price closes the week above $2700, then we can wait for longs, if lower, then we wait for shorts🔍
#Bitcoin, our price is testing support from which we could get a lasting reaction, but in current market reality, I do not see full reversal patterns, due to then the price gradually continues to decrease, if we look at the additional confirmation in the market, now we are having sales, so the market is decreasing, so now the most important thing is how the market closed this week, if we consolidate above 63,800 USD, then we can calculate for longer, if lower then short