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Coin : BTC / USDT - SHORT SIGNAL Time Interval: 1h 🕗 Price : $63034 ------------- Based on the technical indicators for BTCUSDT on the 1-hour timeframe, I recommend selling. The price is currently below the key SMAs and EMAs, indicating a bearish trend. Additionally, the RSI is at a low level, suggesting a potential further downward movement. 🟢 Take Profit: $62000 🔴 Stop Loss: $63500 $BTC #BTC #bitcoin

Coin : BTC / USDT - SHORT SIGNAL

Time Interval: 1h 🕗

Price : $63034

-------------

Based on the technical indicators for BTCUSDT on the 1-hour timeframe, I recommend selling. The price is currently below the key SMAs and EMAs, indicating a bearish trend. Additionally, the RSI is at a low level, suggesting a potential further downward movement.

🟢 Take Profit: $62000

🔴 Stop Loss: $63500

$BTC #BTC #bitcoin

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💥 DOGE and SHIB Rival FLOKI Issues Crucial Warning to Community While the SEC continues to increase its pressure on the cryptocurrency industry, its latest target was the US-based cryptocurrency platform Robinhood. At this point it was revealed that the SEC sent a Wells Notice to Robinhood in early May. While discussing the possible effects of the SEC's Wells Notice sent to Robinhood on the cryptocurrency industry, the latest assessment came from JP Morgan. 🔺 SEC Will Have to Approve Ethereum ETFs! The SEC's Wells Notice to Robinhood Crypto is unlikely to block final approval of spot Ethereum ETFs, JP Morgan analysts said, The Block reported. JP Morgan analysts led by Nikolaos Panigirtzoglou said that the SEC will eventually make a decision on ETH, but that the SEC will not classify ETH as a security or commodity but in another 'intermediate' category. Analysts also noted that it would not be a huge disappointment for the markets if the SEC rejected Ethereum ETFs in May, and the markets were not expecting approval this month anyway. “In our view, the Wells notice does not appear to preclude the eventual approval of the spot Ethereum ETF by the SEC. ETFs may not be approved as soon as May, however. If the SEC refuses to approve spot Ethereum ETFs, it will likely face litigation and eventually lose and be forced to approve.” 🔺 SEC Wells Notice Didn't Directly Say Ethereum Is a Security! JP Morgan analysts said the SEC did not explicitly state, nor imply, that Ethereum was not a security in its Wells Notice to Robinhood. At this point, analysts pointed out that Robinhood offers trading services for 13 altcoins other than Bitcoin (BTC) and Ethereum and said: “We do not believe that the SEC's notice to Robinhood implied that ETH was a security. Because Robinhood not only facilitates trading on Bitcoin and Ethereum, but also 13 other tokens. Ultimately, we think Ethereum's status will likely be determined by legislation and the court. “We think there could ultimately be a 'middle' category for Ethereum. $DOGE $SHIB $FLOKI #meme #memecoin
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🔥 Is Ethereum Targeted by the SEC? Will ETFs Be Approved? JP Morgan Hopeful! While the SEC continues to increase its pressure on the cryptocurrency industry, its latest target was the US-based cryptocurrency platform Robinhood. At this point it was revealed that the SEC sent a Wells Notice to Robinhood in early May. While discussing the possible effects of the SEC's Wells Notice sent to Robinhood on the cryptocurrency industry, the latest assessment came from JP Morgan. 🔺 SEC Will Have to Approve Ethereum ETFs! The SEC's Wells Notice to Robinhood Crypto is unlikely to block final approval of spot Ethereum ETFs, JP Morgan analysts said, The Block reported. JP Morgan analysts led by Nikolaos Panigirtzoglou said that the SEC will eventually make a decision on ETH, but that the SEC will not classify ETH as a security or commodity but in another 'intermediate' category. Analysts also noted that it would not be a huge disappointment for the markets if the SEC rejected Ethereum ETFs in May, and the markets were not expecting approval this month anyway. 💬 “In our view, the Wells notice does not appear to preclude the eventual approval of the spot Ethereum ETF by the SEC. ETFs may not be approved as soon as May, however. If the SEC refuses to approve spot Ethereum ETFs, it will likely face litigation and eventually lose and be forced to approve.” 🔺 SEC Wells Notice Didn't Directly Say Ethereum Is a Security! JP Morgan analysts said the SEC did not explicitly state, nor imply, that Ethereum was not a security in its Wells Notice to Robinhood. At this point, analysts pointed out that Robinhood offers trading services for 13 altcoins other than Bitcoin (BTC) and Ethereum and said: 💬 “We do not believe that the SEC's notice to Robinhood implied that ETH was a security. Because Robinhood not only facilitates trading on Bitcoin and Ethereum, but also 13 other tokens. Ultimately, we think Ethereum's status will likely be determined by legislation and the court. “We think there could ultimately be a 'middle' category for Ethereum." $ETH #ETH #ETF #SEC
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🐻 Why is Bitcoin Falling? BTC price has fallen by 6% since from Monday and this comes amid comments from Fed policymakers that interest rates will remain at high levels longer than previously thought, and the likelihood of a decrease in is falling this year. 🇺🇸 High rates are driving the dollar index higher, up 1.00% in 7 days, pushing the 10-year US Treasury note higher. which negatively affects BTC. 📉 Capital inflows into ETFs remain at very low levels and on 05/08 only the Bitwise fund received an inflow into ETFs, which amounted to $11.5 million. 🐋 Meanwhile, whales are buying on dips, because according to data Santiment, wallets with balance 1–10 thousand BTC have accumulated more than 15,000 BTC worth almost $941 million in the last 24 hours. $BTC #BTC
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📊 Polkadot (DOT) Price Volatility: Key Insights and Market Trends In the volatile cryptocurrency market, Polkadot has recently shown price fluctuations within a defined range, reflecting both resilience and uncertainty.Like many other digital currencies, Polkadot is influenced by broader market trends often led by Bitcoin.Polkadot’s price recently rose from a lower support level of $6.4 to an upper resistance level at $7.4. Explore the recent price movements of Polkadot, its future prospects, and what these developments mean for traders in the crypto market. 🔺 Recent Price Movements Polkadot’s transition between these price points indicates a sideways movement within the market. At the lower end of this range, the currency found substantial support, leading to a temporary upward movement. However, this uptrend stopped at $7.4, a resistance coinciding with the 200-day moving average, suggesting a potential shift in market dynamics. 🔺 What Lies Ahead for Polkadot? The observed price pattern suggests a balance between buying and selling forces, which could result in continued price consolidation. Short-term predictions lean towards a slight dip, with the price potentially retesting the lower boundary at $6.4. This hypothesis is supported by analysis of shorter four-hour trading intervals, where Polkadot struggles to breach the $7.4 resistance decisively. 🔺 Concrete Inferences for Polkadot Traders 🔸 The $6.4 and $7.4 levels are crucial for future trading strategies, acting as significant support and resistance thresholds. 🔸 A break beyond $7.4 could signal an upcoming bullish trend, while failure might see the price revisiting lower support levels. 🔸 Market sentiment in the futures market could provide early signals for a significant price movement. $DOT #DOT #Polkadot
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⭐️ Arbitrum Stylus Floats Giga Update, Is ARB Price Surge Imminent? 🔸 Arbitrum Stylus has launched a new upgrade to enhance protocol performance 🔸 The update brings 5 major enhancements to benefit users 🔸 Arbitrum price remains bearish but has potential for reboot Stylus, the MultiVM solution designed by Ethereum layer-2 (L2) scaling solution Arbitrum just received a new facelift. Arbitrum Stylus welcomed the Giga Update on the mainnet as it plots a new era of enhanced functionalities. 🔺 Benefits of Arbitrum Stylus Update According to the Arbitrum protocol, the Stylus Giga Update comes with 2 – 4x cheaper fees. This is a significant milestone considering that Arbitrum alongside other Ethereum L2 got boosted following the Dencun and Atlas Upgrades. After the main Ethereum upgrade, transaction fees dropped significantly on many of these L2 outfits. The Giga Update on Arbitrum Stylus now implies that MultiVM innovators can do relatively more compared to the broader competition. Cheaper fees is notably one of 5 enhancements activated. As noted, the protocol will also record Contract size compression, Better tooling support, improved safety, and a new host for I/Os. It also expanded more on what the upgrade brings to the table. The protocol said the cheaper offering is made possible because of an introduced cache for initialization of smart contracts. Besides this, there is a dynamic activation of pricing policy alongside the charged 2-4x lower fees on most opcodes. The size compression feature comes on the hills of the reduced contract sizes with custom Brotli dictionaries. While the update is sophisticated, developer consideration was put in view making any troubleshooting easier while building. The blockchain ecosystem is dynamic and most protocols tries to evolve. In the L2 space, the competition for dominance is intense with new entrants like Coinbase Exchange’s Base outshining the older ones in key metrics. This update might change the game for Arbitrum in the long term and positions it for more DApp introduction. $ARB #ARB #Arbitrum
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