he will change it thru 2025, and they will cut alot
SantimentFeed
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š After the FOMC interest rate cuts, both crypto and equities traders were left feeling a bit concerned. Not because of the current cuts, but due to Jerome Powell's projection for 2025 to have half the amount of rate cuts as expected.
Altcoins, in particular, have gotten hammered over the past 24 hours. Assets like Avalanche (-16%), Chainlink (-16%) Litecoin (-16%), and Pepe (-17%) have pulled back considerably over the past 24 hours. If this was indeed an overreaction, there is a reasonable chance that the projects with the biggest drops will be the ones worth taking the biggest dip buy chances on.
This is a price correction. I have been predicting this for a long time, but the whales took time with multiple fake breakouts on the upside.
You can call me crazy but the results speak for themselves, I started calling shorts since solana was at 230$ $SOL and BTC at 107000
I predict a further fall in all Assets including Bitcoin and etheruem with support for $BTC at 90000. Book your profits Solana will fall to 180-190 Levels atleast and $ETH should see support at 3500
At the moment I'm not very optimistic, the price of bitcoin is showing weakness and altcoins are close to losing an important bottom. make a brief observation. I maintain all my buying positions but if prices continue to fall I will be liquidated. near for example, my stop is below 5.80 if the market decides to seek liquidity at the bottom there I will be liquidated. But until that happens, I'm in position. depends on the interest rate data today. but as this cut in interest rates is practically certain. This may already be in prices and not have much of an effect.
$BTC Monday Update #172ā¼ļø Really I'm sorry to say this, but this is what's coming nextš„²
ā š BTC has hit a major resistance zone marked by a multi-year trendline (red line on the 1st chart) that dates back to December 2017. Historically, BTC has rejected at this trendline, as seen in 2021 and early 2022. Right now, BTC is trading near $104,984, which is a key point of interest.
As predicted in our last community update, I mentioned that "Now, there's a possibility of a BTC pump with volume pushing BTC towards $103.5k, If we hold the $103.5 support, another pump to $106.5 might be possible." and it has followed this expectation and perfectly hit $106.6k in Binance Spot.
Now, there's a possibility of a a small correction BTC towards $103k, which could trigger some liquidations around $100.3k $99.5k
Two scenarios š could play out here:
š“ Scenario A: Rejection at $105K
BTC may correct down to $101K, with further downside to $99K if support breaks.
š¢ Scenario B: Breakout Above $107K:
A clear break above resistance could push BTC to $110K and higher. Retest of Support:
Watch the lower channel trendline and Fibonacci levels closely.
First support: $101,059 (50% Fibonacci Retracement) (2nd chart)
Stronger support: $99,467 (61.8% Fibonacci), often a key reversal point.
Deeper correction possible: $94,300 (100% Fib level and major support).
The biggest altcoin bull run starts tomorrow! š£
With dominance + acceleration kicking in, $BTC's next target is $200,000. Altcoins are set to explodeāevery $100 today could turn into $10,000 by 2025. Here are the 5 alts Iām stacking š§µš Whatās going on? $BTC keeps hitting new ATHs but has recently started moving sideways. BTC dominance has paused, while $ETH and $XRP are showing strong performance. Liquidity is shifting into altcoins, but which ones are benefiting?
When BTC.D drops, liquidity doesnāt always flow into altcoins right away. But now itās happening due to: ā¦ Altcoins showing renewed strength ā¦ Growth in 2017 high-cap coins like $XRP ā¦ A clear BTC.D downtrend So, whatās next:
On top of that, BTC.D just dropped from 62% to 55% in two weeks. You know what that meansāaltcoins are heating up. Momentum is building. Pick the RIGHT alts now, and $1,000 could turn into $100,000 in months. Here are my top 8 picks for this cycle: $SUI - @SuiNetwork is a Layer 1 blockchain designed to make digital asset ownership fast, private, secure, and accessible to everyone. ā¦ Sector: Infrastructure ā¦ Price: $4 ā¦ Market Cap: $11.78B
$DEAI - @zero1_labs is a Decentralized Artificial Intelligence (DeAi) ecosystem focused on Data Governance. ā¦ Sector: AI ā¦ Price: $0.65 ā¦ Market Cap: $62M
In the past 24 hours, a total of 590,590 traders were liquidated, with total liquidation value reaching $1.775 billion. Of this, long positions accounted for $1.603 billion.