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Ether Wiz
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This $
ALGO
chart is shaping up nicely
Breakout confirmed, now just needs a solid retest
Potential for a big move if support holds!
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ALGO
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+3.46%
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0
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Ether Wiz
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Liquidation Alert 🚨 $ETH short side is looking really interesting now. If ETH pumps 10%, $4.66 billion in shorts will get liquidated. If ETH dumps 10%, $3.46 billion in longs will get liquidated. One thing is clear here that max pain is to the upside, but that doesn't mean it'll happen immediately. ETH could definitely go a bit down to lure more bears before a massive short-squeeze.
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ETH is getting shorted heavily. This is despite spot ETF demand reaching 6-months high. It seems like a short-squeeze will happen soon.
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$BTC will soon enter its price discovery mode. And it'll be much bigger than you expected. Since 2017, the BTC uptrend line has acted as a major resistance. BTC is trying to break through it, and this feels like Gold set-up. Gold had a similar set-up in the 1980s, which led to an explosive rally. Just wait and watch.
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Bitcoin ETFs had another huge inflow yesterday. Nearly 4.7K BTC worth $501.2 million were bought, and none of the ETF issuers sold any. Despite that, BTC is still going sideways while the stock market is hitting new highs. It seems like big entities are suppressing BTC price so they can accumulate it cheaply. So, don't panic sell and HODL.
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🚨 Big moves from the Pi Core Team — just in time for #Pi2Day!
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