Is it an objective reading... or is it a prayer to heaven?
Crypto Rav
Jan 30
BTC PUMP ALERT!!!
$BTC
This chart shows Bitcoin's price movement (BTC/USDT) with a strong upward trend. The price is above a support line, and the potential target price is around $113,237.02. The RSI indicates a slightly bearish sentiment, but overall upward momentum is present.
This chart shows the crypto total market cap (TOTAL3). The market is forming an upward trend, with the RSI showing strong bullish momentum around 70. The breakout above $1.04T suggests continued growth, indicating a bullish market.
JOIN MY BINANCE LIVE STREAM FOR PROFESSIONAL TRADING SUPPORT
This chart represents Bitcoin's price action and liquidations over time. The color gradient shows liquidation volume, with more intense liquidations in darker shades. A price surge is visible around the 30th, accompanied by notable liquidations and leverage activity.
JOIN MY BINANCE LIVE STREAM FOR PROFESSIONAL TRADING SUPPORT
Trade Details:
Entry: Around 105433.43 ( Join my Binance live for premium crypto signals )
$ETH Ethereum since January 15 has been moving between 3500 and 3150 forming this nice consolidation triangle. This pattern indicates that it is in a consolidation phase. From my point of view, it is an ascending triangle pattern, so the price could rise very soon. Let's hope so and start a positive week for ETH. We also know that Wednesday is a crucial day for the market with the news coming, so be careful.
Wall Street is closely watching the speech of Federal Reserve Chairman Jerome Powell, scheduled for later in the session on Wednesday, although the overall tone seems optimistic. Salesforce has positively surprised with its third-quarter results, while in Europe, the French Government is facing a motion of no confidence.
Investors will be attentive to his comments in search of new clues about the central bank's plans regarding interest rates. This speech comes just weeks before the last meeting of the U.S. central bank in 2024, where policymakers are expected to decide to cut interest rates again by 25 basis points.
Cryptocurrencies are rising strongly this Wednesday. Bitcoin #BTC☀️ is up just over 1% and is approaching $97,000, while Ethereum #ETH is up over 2% and is trying to conquer $3,700.
In turn, most altcoins are trading, for the most part, higher. Solana##SOL and Shiba Inu (SHIB) are up 4%, while Toncoin (TON) and Avalanche (AVAX) are up just over 7%.
Meanwhile, Binance coin $BNB is soaring to a new all-time high, buoyed by bullish sentiment in the market, as is Tron (TRX): Justin Sun's cryptocurrency has gained 60% in the past 24 hours. Sun has called TRX the new XRP, but some market analysts are questioning this theory.
The Seoul Stock Exchange and the won decline after martial law and despite the injection of #BOK
The main index of the Seoul stock exchange, the Kospi, fell by 1.44% this Wednesday, while the won depreciated to 1,410.56 units per dollar, after martial law was declared the day before and despite the attempts of the Bank of Korea (BOK) to curb the decline.
The South Korean benchmark dropped 36.1 points to settle at 2,464 units, and the tech index Kosdaq lost 13.65 points, or 1.98%, to end at 677.15 points.
Meanwhile, the local currency (the won) also suffered a depreciation against the dollar, trading at 1,410.56 won per greenback this Wednesday, down from 1,402.9 the day before, a slight recovery after it had fallen to 1,441 units, or 3%, during the early morning. #bok #won