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Can the September decline curse be broken? Three hundred-fold coins that are essential to hold in the gloomy market!Yesterday, the U.S. stock market opened in a terrible way, and continued to fall! The overall environment is still weak, and the entire financial market is in a state of panic. BTC has now fallen below the key support of 58,000-57,000. Last night, the Bitcoin ETF outflow of $287 million, this selling market is completely unable to catch up. The intraday support is 55,600, and if it falls below, look at 54,000-52,000! In the last 24 hours, a total of 76,150 people were liquidated, with a total liquidation amount of $199 million The largest single liquidation order occurred on Binance - BTCUSDT worth $2.0027 million It only rose a little bit and then started to fall again. Didn't it say it was going to rise sharply? After thinking about it, I finally found the reason.

Can the September decline curse be broken? Three hundred-fold coins that are essential to hold in the gloomy market!

Yesterday, the U.S. stock market opened in a terrible way, and continued to fall! The overall environment is still weak, and the entire financial market is in a state of panic. BTC has now fallen below the key support of 58,000-57,000. Last night, the Bitcoin ETF outflow of $287 million, this selling market is completely unable to catch up. The intraday support is 55,600, and if it falls below, look at 54,000-52,000!

In the last 24 hours, a total of 76,150 people were liquidated, with a total liquidation amount of $199 million
The largest single liquidation order occurred on Binance - BTCUSDT worth $2.0027 million
It only rose a little bit and then started to fall again. Didn't it say it was going to rise sharply? After thinking about it, I finally found the reason.
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A surge in copycat stocks is imminent, where will the stock price fall before buying at the bottom?​It has already started during the day, and from today, a new round of falling frenzy has officially begun! To sum it up: every time it rebounds to the top, it will fluctuate violently up and down, and go sideways for two whole days, confusing your direction and making you mistakenly believe that there is still a market that will continue to rise, but then the main force resolutely chooses the downward direction! ​ A short-term clean-up is inevitable, and that's how good news comes out.   After Bitcoin passed the ETF on January 10, it fell for 12 days and then started the ETF market. At present, the crypto market has been undergoing a wash-out for three consecutive months. Market sentiment is depressed, and it is not realistic to continue to wash out for a few more months. I think this wash-out will be shorter than the number of days after Bitcoin passed the ETF. I still maintain the view that it is a short-term wash-out.

A surge in copycat stocks is imminent, where will the stock price fall before buying at the bottom?

​It has already started during the day, and from today, a new round of falling frenzy has officially begun! To sum it up: every time it rebounds to the top, it will fluctuate violently up and down, and go sideways for two whole days, confusing your direction and making you mistakenly believe that there is still a market that will continue to rise, but then the main force resolutely chooses the downward direction!

A short-term clean-up is inevitable, and that's how good news comes out.
 
After Bitcoin passed the ETF on January 10, it fell for 12 days and then started the ETF market.
At present, the crypto market has been undergoing a wash-out for three consecutive months. Market sentiment is depressed, and it is not realistic to continue to wash out for a few more months. I think this wash-out will be shorter than the number of days after Bitcoin passed the ETF. I still maintain the view that it is a short-term wash-out.
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Corresponding to the previous point of view, are you standing on these points correctly?Today’s market conditions have verified my views from a few days ago. You can review the previous articles: Waiting for a buying opportunity to appear when the price falls back, the opportunity for a general rise in the copycat market has come!       There is a good buying point now. I have added positions: SOL, PEPE   Some people say that yesterday’s Ethereum ETF had a net outflow of 43,000 coins? (About 150 million) caused the ETH to plummet?   Not necessarily, because the data is incomplete. BlackRock's ETHA data for yesterday has not yet been released. It is the ETF with the largest net inflow on the 23rd, but from the current data, ETHA needs at least 40,000 ETH inflows to offset the outflows.

Corresponding to the previous point of view, are you standing on these points correctly?

Today’s market conditions have verified my views from a few days ago. You can review the previous articles: Waiting for a buying opportunity to appear when the price falls back, the opportunity for a general rise in the copycat market has come!
 

 

 
There is a good buying point now. I have added positions: SOL, PEPE
 
Some people say that yesterday’s Ethereum ETF had a net outflow of 43,000 coins? (About 150 million) caused the ETH to plummet?
 
Not necessarily, because the data is incomplete. BlackRock's ETHA data for yesterday has not yet been released. It is the ETF with the largest net inflow on the 23rd, but from the current data, ETHA needs at least 40,000 ETH inflows to offset the outflows.
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It is predicted that the price of Shiba Inu will increase by 119% in 5 days. Another good coin to buy at a bargain price!With the Shiba Inu’s widespread popularity in the crypto space and millions of investors holding SHIB tokens, its price direction has been an interesting and hotly debated topic. It is expected that the memecoin will continue to surge as it becomes the frontrunner in the crypto market, and many analysts agree. Even machine learning algorithms predict that the price of Shiba Inu will surge in the coming days. Machine learning algorithm predicts 119% surge The CoinCodex machine learning algorithm, after taking into account a number of indicators, concluded that the Shiba Inu price is very bullish from here.

It is predicted that the price of Shiba Inu will increase by 119% in 5 days. Another good coin to buy at a bargain price!

With the Shiba Inu’s widespread popularity in the crypto space and millions of investors holding SHIB tokens, its price direction has been an interesting and hotly debated topic.
It is expected that the memecoin will continue to surge as it becomes the frontrunner in the crypto market, and many analysts agree. Even machine learning algorithms predict that the price of Shiba Inu will surge in the coming days.

Machine learning algorithm predicts 119% surge
The CoinCodex machine learning algorithm, after taking into account a number of indicators, concluded that the Shiba Inu price is very bullish from here.
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In the past two days, two whale investors withdrew approximately $41.4 million worth of SOL on the Binance exchange and staked it, showing their bullishness in the asset. Solana’s price recently broke out of a triangle pattern after a four-month consolidation period, showing strong upward momentum with intraday gains of 47%. Future price predictions suggest that SOL could reach $266, marking a potential growth of 50%. key point - Solana’s price recently gained 4.5%, showing its resilience above the $170 support. - Two whale investors have withdrawn and staked a total of 238,893 SOL in the past two days, demonstrating their tactical decision-making. - SOL’s price rebounded from a correction bottom of $121 to $178, marking a 47% bull run. - Solana’s futures open interest increased significantly, rising from $1.77 billion to $2.81 billion, reflecting the market’s optimism. - The daily EMA shows a bullish arrangement, indicating that the market trend is established. - SOL recently broke above the upper boundary of the triangle, ending a four-month consolidation and turning to upside support. - The ADX indicator rose to above 26%, indicating that there is still enough room for growth. #美国以太坊现货ETF开始交易 #sol板块 #sol趋势 #比特币大会 #美国大选如何影响加密产业?
In the past two days, two whale investors withdrew approximately $41.4 million worth of SOL on the Binance exchange and staked it, showing their bullishness in the asset. Solana’s price recently broke out of a triangle pattern after a four-month consolidation period, showing strong upward momentum with intraday gains of 47%. Future price predictions suggest that SOL could reach $266, marking a potential growth of 50%.

key point
- Solana’s price recently gained 4.5%, showing its resilience above the $170 support.
- Two whale investors have withdrawn and staked a total of 238,893 SOL in the past two days, demonstrating their tactical decision-making.
- SOL’s price rebounded from a correction bottom of $121 to $178, marking a 47% bull run.
- Solana’s futures open interest increased significantly, rising from $1.77 billion to $2.81 billion, reflecting the market’s optimism.
- The daily EMA shows a bullish arrangement, indicating that the market trend is established.
- SOL recently broke above the upper boundary of the triangle, ending a four-month consolidation and turning to upside support.
- The ADX indicator rose to above 26%, indicating that there is still enough room for growth.

#美国以太坊现货ETF开始交易 #sol板块 #sol趋势 #比特币大会 #美国大选如何影响加密产业?
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In the early morning, some people have received compensation from Mentougou. Next, we can see the reaction of Mentougou to the market. If the first wave is not strong, there will be no more negative news about Mentougou. The story of the wolf coming is heard several times every year and it is finally coming to an end! Yesterday, I discussed Mentougou. There is a point of view that I agree with that people from that period are either VCs or big investors. For these old people, they may ignore these! Last night, the transaction volume of Ethereum's first small ETF was 320 million US dollars, which has reached more than 50% of BTC's first hour transaction volume. In fact, it is quite good and has exceeded my expectations! Then, the activity on the Ethereum chain that I told you yesterday undoubtedly increased the pledge and destruction, thereby reducing the total amount and increasing the value. In other words, Ethereum itself has bond attributes, and at the same time can control inflation and deflation in a certain sense. Do you think institutions will like it, or Wall Street will like it? For a certain sense, it can be around, so for whales, it is easier to make money on Bitcoin. If you look at the projects, many of them are based on Ethereum. If you look at the popularity of the four kings of the second layer last year and the year before last, it is easy to break the 10 billion valuation before going online! There is no problem for Ethereum to double in half a year. Don't panic, don't panic #美国以太坊现货ETF开始交易 #比特币大会 #BTC☀
In the early morning, some people have received compensation from Mentougou. Next, we can see the reaction of Mentougou to the market. If the first wave is not strong, there will be no more negative news about Mentougou. The story of the wolf coming is heard several times every year and it is finally coming to an end!

Yesterday, I discussed Mentougou. There is a point of view that I agree with that people from that period are either VCs or big investors. For these old people, they may ignore these!

Last night, the transaction volume of Ethereum's first small ETF was 320 million US dollars, which has reached more than 50% of BTC's first hour transaction volume. In fact, it is quite good and has exceeded my expectations!

Then, the activity on the Ethereum chain that I told you yesterday undoubtedly increased the pledge and destruction, thereby reducing the total amount and increasing the value. In other words, Ethereum itself has bond attributes, and at the same time can control inflation and deflation in a certain sense. Do you think institutions will like it, or Wall Street will like it? For a certain sense, it can be around, so for whales, it is easier to make money on Bitcoin.

If you look at the projects, many of them are based on Ethereum. If you look at the popularity of the four kings of the second layer last year and the year before last, it is easy to break the 10 billion valuation before going online! There is no problem for Ethereum to double in half a year. Don't panic, don't panic #美国以太坊现货ETF开始交易 #比特币大会 #BTC☀
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Musk changed his profile picture! In the eye of the bull market, are you in the right position for these three coins?Recently, Musk changed his profile picture on his X to this cool image with lasers shooting out of his eyes. What kind of wealth code is hidden behind this? Three years ago, when Musk first appeared in the public eye with his laser eyes, the price of Bitcoin soared like a rocket, jumping from $29,000 to a high of $56,000. This historic increase not only made many investors rich, but also closely linked Bitcoin and Musk's name. Today, Musk once again appeared in the image of laser eyes, which undoubtedly brought new expectations and reverie to the cryptocurrency market.

Musk changed his profile picture! In the eye of the bull market, are you in the right position for these three coins?

Recently, Musk changed his profile picture on his X to this cool image with lasers shooting out of his eyes. What kind of wealth code is hidden behind this?

Three years ago, when Musk first appeared in the public eye with his laser eyes, the price of Bitcoin soared like a rocket, jumping from $29,000 to a high of $56,000.
This historic increase not only made many investors rich, but also closely linked Bitcoin and Musk's name. Today, Musk once again appeared in the image of laser eyes, which undoubtedly brought new expectations and reverie to the cryptocurrency market.
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Ethereum ETF is launched today, a coin with 10-50 times potential to be bought at the bottom in the two bull markets!Recently, the SEC officially approved the application for the Ethereum ETF, marking another important step in the field of cryptocurrency. It is reported that the ETF will start trading on July 23, 2024, which not only increases the adoption rate of Ethereum, but also triggers heated discussions in the market about the future trend of the altcoin and cryptocurrency industry. In the short term, the purple area is an obvious support zone for Bitcoin. The price has received support and rebounded in this area many times, ranging from 58,000 to 62,000. As long as the price can stay above this range, the bullish trend of the past month is expected to continue. We can see two clear double bottom patterns, which shows that buying power is increasing near this support area. Now the price is at 66453.9, which is significantly above the support area.

Ethereum ETF is launched today, a coin with 10-50 times potential to be bought at the bottom in the two bull markets!

Recently, the SEC officially approved the application for the Ethereum ETF, marking another important step in the field of cryptocurrency. It is reported that the ETF will start trading on July 23, 2024, which not only increases the adoption rate of Ethereum, but also triggers heated discussions in the market about the future trend of the altcoin and cryptocurrency industry.
In the short term, the purple area is an obvious support zone for Bitcoin. The price has received support and rebounded in this area many times, ranging from 58,000 to 62,000.
As long as the price can stay above this range, the bullish trend of the past month is expected to continue. We can see two clear double bottom patterns, which shows that buying power is increasing near this support area. Now the price is at 66453.9, which is significantly above the support area.
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I still want to say that now is not a good time to start Don't get on the train when the big cake is 53,000, and everyone is shouting a bear market If it breaks through 68,000 to 7w, it will be 10w soon But what profit do you have for those who see it now Including yesterday's news of Biden's withdrawal from the election, there is a rebound, and the sentiment feels that it is rising, but it is not strong This can be treated as a shock. The release of ETF is positive, and the landing is also negative. The potential impact of Mentougou is still there. This wave of rebound is not small in the short term, from 53,000 to 68,000 15,000 points Short-term investors should consider reducing their positions, and it is appropriate to keep about half of the positions Then there are several uncertain data. The callback range of the big cake will not fall sharply, it is limited. The rhythm of breaking through the previous high of the big cake to 8w is actually a bit fast Although I believe it can reach 10w this year, but not now You can combine it with today's video analysis Don't have a brain full of blood... #拜登退选 #比特币大会 #以太坊ETF批准预期 #山寨季何时到来? #BTC☀
I still want to say that now is not a good time to start

Don't get on the train when the big cake is 53,000, and everyone is shouting a bear market

If it breaks through 68,000 to 7w, it will be 10w soon

But what profit do you have for those who see it now

Including yesterday's news of Biden's withdrawal from the election, there is a rebound, and the sentiment feels that it is rising, but it is not strong

This can be treated as a shock. The release of ETF is positive, and the landing is also negative. The potential impact of Mentougou is still there. This wave of rebound is not small in the short term, from 53,000 to 68,000 15,000 points

Short-term investors should consider reducing their positions, and it is appropriate to keep about half of the positions

Then there are several uncertain data. The callback range of the big cake will not fall sharply, it is limited. The rhythm of breaking through the previous high of the big cake to 8w is actually a bit fast

Although I believe it can reach 10w this year, but not now

You can combine it with today's video analysis

Don't have a brain full of blood... #拜登退选 #比特币大会 #以太坊ETF批准预期 #山寨季何时到来? #BTC☀
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The cryptocurrency storm is coming again! BTC hit 66,000 in the early morning, ETH followed suit, and altcoins are warning of a pullback! Which coins are worth paying attention to?The BTC trend did not rise much over the weekend. The daily line opened near 66,000 this morning and rebounded to a new high. This wave of spikes in the early morning first exploded the long contracts and then the short sellers. Currently, most people are beginning to be bullish, and they will basically see more than 100,000 again in the future. This rebound is the same as the previous one, it is just that Bitcoin is getting stronger, and Bitcoin has not even touched 3600. Today, Bitcoin has risen around 3560. It is not a separate compensatory rise, but just a follow-up rise. Everyone just saw the crazy rise of Bitcoin, and if you look at other coins on the market, you can calm down.

The cryptocurrency storm is coming again! BTC hit 66,000 in the early morning, ETH followed suit, and altcoins are warning of a pullback! Which coins are worth paying attention to?

The BTC trend did not rise much over the weekend. The daily line opened near 66,000 this morning and rebounded to a new high.
This wave of spikes in the early morning first exploded the long contracts and then the short sellers. Currently, most people are beginning to be bullish, and they will basically see more than 100,000 again in the future.
This rebound is the same as the previous one, it is just that Bitcoin is getting stronger, and Bitcoin has not even touched 3600. Today, Bitcoin has risen around 3560. It is not a separate compensatory rise, but just a follow-up rise. Everyone just saw the crazy rise of Bitcoin, and if you look at other coins on the market, you can calm down.
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What are the most promising MEMEs during the election hype?As the German government sold all of its BTC holdings, the price of BTC began to rise sharply last weekend. At the same time, news came out early Tuesday morning that the US spot Ethereum ETF is expected to be officially launched on July 23. ​ In addition, former US President Trump appointed JD Vance as the Republican vice presidential candidate today, and JD Vance has drafted crypto-friendly bills, which will be beneficial to the development of the cryptocurrency industry if elected. These good news have jointly promoted the continued rise in BTC and ETH prices, and led to the rise in prices in the entire cryptocurrency market.

What are the most promising MEMEs during the election hype?

As the German government sold all of its BTC holdings, the price of BTC began to rise sharply last weekend. At the same time, news came out early Tuesday morning that the US spot Ethereum ETF is expected to be officially launched on July 23.

In addition, former US President Trump appointed JD Vance as the Republican vice presidential candidate today, and JD Vance has drafted crypto-friendly bills, which will be beneficial to the development of the cryptocurrency industry if elected. These good news have jointly promoted the continued rise in BTC and ETH prices, and led to the rise in prices in the entire cryptocurrency market.
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inbred Sol is definitely a dark horse this round, and 500u is very likely to be reached. Then there are the meme coins on the chain. Even if there is no interest rate cut yet, many gold dogs have been issued on the sol chain, such as wif bome bonk popcat, etc. The bull market will be even more explosive. So, I followed the foreigners to play sol's meme and got the bull market together. Breadcat is at least 2000 Bei. You can see it by looking at the picture. #sol趋势 #以太坊ETF批准预期
inbred

Sol is definitely a dark horse this round, and 500u is very likely to be reached. Then there are the meme coins on the chain. Even if there is no interest rate cut yet, many gold dogs have been issued on the sol chain, such as wif bome bonk popcat, etc. The bull market will be even more explosive.

So, I followed the foreigners to play sol's meme and got the bull market together. Breadcat is at least 2000 Bei. You can see it by looking at the picture.
#sol趋势 #以太坊ETF批准预期
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Ethereum ETF is coming soon! Focus on these 3 meme coins that are about to skyrocketAs the July 23 deadline for the listing of an Ethereum ETF in the United States approaches, a large amount of funds will flow into Ethereum, potentially pushing its price to new highs. There is a big news today: the Chicago Board Options Exchange (Cboe) announced that five Ethereum spot ETFs will be listed on the exchange on July 23. These ETFs include Fidelity Ethereum Fund, Franklin Ethereum ETF, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF and 21Shares Core Ethereum ETF. Cboe has issued a new issuance notice, which is one of the procedures before the ETF is issued. This listing is also expected to impact several meme coins associated with Ethereum, pushing up their prices!!!!

Ethereum ETF is coming soon! Focus on these 3 meme coins that are about to skyrocket

As the July 23 deadline for the listing of an Ethereum ETF in the United States approaches, a large amount of funds will flow into Ethereum, potentially pushing its price to new highs.
There is a big news today: the Chicago Board Options Exchange (Cboe) announced that five Ethereum spot ETFs will be listed on the exchange on July 23. These ETFs include Fidelity Ethereum Fund, Franklin Ethereum ETF, Invesco Galaxy Ethereum ETF, VanEck Ethereum ETF and 21Shares Core Ethereum ETF. Cboe has issued a new issuance notice, which is one of the procedures before the ETF is issued.
This listing is also expected to impact several meme coins associated with Ethereum, pushing up their prices!!!!
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Two cryptocurrencies that have rebounded strongly recently, one opened high and closed low? The other has accumulated strength and is about to explode!This week, the popular dog-themed coin Dogwifhat (WIF) has recovered from a drop below the $2 support level. The Solana-based memecoin has upended Ethereum’s layer 2 (L2) Arbitrum (ARB) and is currently testing the $2.5 resistance level. However, one cryptocurrency analyst has warned investors that WIF could be in for a retracement. WIF replaced Arbitrum today as the 38th largest cryptocurrency by market cap with a market cap of $2.5 billion. The dog-themed memecoin has seen its price drop by more than 43% as the market tanked. Earlier this month, WIF dropped from a price range of $2.60 to $1.51 on July 11.

Two cryptocurrencies that have rebounded strongly recently, one opened high and closed low? The other has accumulated strength and is about to explode!

This week, the popular dog-themed coin Dogwifhat (WIF) has recovered from a drop below the $2 support level. The Solana-based memecoin has upended Ethereum’s layer 2 (L2) Arbitrum (ARB) and is currently testing the $2.5 resistance level. However, one cryptocurrency analyst has warned investors that WIF could be in for a retracement.

WIF replaced Arbitrum today as the 38th largest cryptocurrency by market cap with a market cap of $2.5 billion.

The dog-themed memecoin has seen its price drop by more than 43% as the market tanked. Earlier this month, WIF dropped from a price range of $2.60 to $1.51 on July 11.
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Supported by multiple favorable factors, the sooner you invest in these two coins, the better!The truth is simple. Use a few simple logics to understand the current market situation: 1. Bitcoin monthly chart shows that the bull market is very obvious. Currently, the monthly chart has only crossed a few lines. It is normal that the price is consolidating near the new high, washing out the profit-taking, and providing support for the next wave of rise. As I said before, the maximum correction to 60,000 is the limit, and it may not reach that level yet. This phenomenon occurred when Bitcoin reached $6,000 in the 2017 bull market and before the start of the second wave of the main upward trend in 2020, when Bitcoin was around 10,000 yuan. (It consolidated around 10,000 yuan for 6 months) 2. Shanzhai needs to learn to delay the enjoyment: the siphon effect of Bitcoin is still there, and the hot spots of Shanzhai are still there, but they are delayed in time as the cycle changes. Especially now that there are so many leeks and so many currencies, the main players are also waiting through the wash, taking advantage of the momentum to launch opportunities. (The indicators of Shanzhai for Bitcoin are currently at the bottom, pointing to the eve of the outbreak)

Supported by multiple favorable factors, the sooner you invest in these two coins, the better!

The truth is simple. Use a few simple logics to understand the current market situation:

1. Bitcoin monthly chart shows that the bull market is very obvious. Currently, the monthly chart has only crossed a few lines. It is normal that the price is consolidating near the new high, washing out the profit-taking, and providing support for the next wave of rise. As I said before, the maximum correction to 60,000 is the limit, and it may not reach that level yet.
This phenomenon occurred when Bitcoin reached $6,000 in the 2017 bull market and before the start of the second wave of the main upward trend in 2020, when Bitcoin was around 10,000 yuan. (It consolidated around 10,000 yuan for 6 months)
2. Shanzhai needs to learn to delay the enjoyment: the siphon effect of Bitcoin is still there, and the hot spots of Shanzhai are still there, but they are delayed in time as the cycle changes. Especially now that there are so many leeks and so many currencies, the main players are also waiting through the wash, taking advantage of the momentum to launch opportunities. (The indicators of Shanzhai for Bitcoin are currently at the bottom, pointing to the eve of the outbreak)
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These four potential coins may become the leaders of a hundredfold bull market. Are you keeping a close eye on them?Do you think the market has peaked and it's time to short? But in the eyes of the big whales, all this is just a small fight! For them, the current increase is just a dessert before the meal! Look, the big whales have started a new round of buying! Take a big whale that once achieved a 22.7x return on Ethereum. Just 3 hours ago, it bought 2,847 ETH again. According to monitoring data from on-chain analyst Ember, four hours ago, a whale identified as 0x67c deposited 6,400 ETH into Aave as collateral, borrowed 15 million USDC, and then used the funds to purchase 4,344 ETH at a price of $3,453.

These four potential coins may become the leaders of a hundredfold bull market. Are you keeping a close eye on them?

Do you think the market has peaked and it's time to short?

But in the eyes of the big whales, all this is just a small fight! For them, the current increase is just a dessert before the meal! Look, the big whales have started a new round of buying! Take a big whale that once achieved a 22.7x return on Ethereum. Just 3 hours ago, it bought 2,847 ETH again.
According to monitoring data from on-chain analyst Ember, four hours ago, a whale identified as 0x67c deposited 6,400 ETH into Aave as collateral, borrowed 15 million USDC, and then used the funds to purchase 4,344 ETH at a price of $3,453.
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Two cryptocurrencies are expected to rebound strongly in the near future, one has already started and the other is ready to go!On July 18, the U.S. spot Bitcoin ETF increased its holdings by 2,194 bitcoins, continuing net inflows for 9 consecutive days. From a technical perspective, Bitcoin rebounded near $66,000 and began to fall slightly. At present, the probability of a "consolidation" is relatively high. Normally, it should be supported at $62,000-63,000, and the maximum retracement will not fall below $60,000. Personally, I think the siphoning phenomenon of Bitcoin will continue for some time, and everyone should increase their positions in batches when the price falls back. But I would also like to remind everyone that we should not be too blindly optimistic about whether Bitcoin can effectively break through $66,000. Don’t get hung up on the temporary rise and fall of Ethereum’s trend, but wait patiently for the approval news of Ethereum spot ETF.

Two cryptocurrencies are expected to rebound strongly in the near future, one has already started and the other is ready to go!

On July 18, the U.S. spot Bitcoin ETF increased its holdings by 2,194 bitcoins, continuing net inflows for 9 consecutive days.
From a technical perspective, Bitcoin rebounded near $66,000 and began to fall slightly. At present, the probability of a "consolidation" is relatively high. Normally, it should be supported at $62,000-63,000, and the maximum retracement will not fall below $60,000.
Personally, I think the siphoning phenomenon of Bitcoin will continue for some time, and everyone should increase their positions in batches when the price falls back.
But I would also like to remind everyone that we should not be too blindly optimistic about whether Bitcoin can effectively break through $66,000.
Don’t get hung up on the temporary rise and fall of Ethereum’s trend, but wait patiently for the approval news of Ethereum spot ETF.
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