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Wait for the breakout,downtrend is about to end for
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Whales are opening BTC long positions. This shows that smart money is expecting big upside. Unlike retail, BTC goes up when whales open long positions and dump when they go short. Historically, whales positions have shown 93% correlation with BTC price. Are you bullish or bearish now?
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$ETH golden cross could happen anytime soon. Does that mean ETH will dump similar to BTC? Unlike BTC, ETH immediately starts to pump after golden cross. In Q4 2024, ETH pumped 35% in just 4 weeks. Something similar happened in Q1 2024 too, which pumped ETH above $4K. Are you ready for ETH big move?
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BTC mostly moves towards the max pain region. And right now, it's to the upside. If BTC pumps 10% from the current level, $11.11B in shorts will get liquidated. If BTC dumps 10% from the current level, $5.8B in longs will get liquidated. Do what you can with this information.
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BTC dominance almost retested multi-cycle resistance level. Is this the top or a new cycle high is coming? To be honest, it feels like there's one leg up left for BTC dominance. It could happen probably by mid-July, and will mark the top. This doesn't mean alts will crash, but they'll underperform BTC in an uptrend. The upward move in BTC dominance will be very similar to 2020-21 cycle, and it'll be a blow-off top. After that, the real fun for alts will start.
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BTC dominance almost retested multi-cycle resistance level. Is this the top or a new cycle high is coming? To be honest, it feels like there's one leg up left for BTC dominance. It could happen probably by mid-July, and will mark the top. This doesn't mean alts will crash, but they'll underperform BTC in an uptrend. The upward move in BTC dominance will be very similar to 2020-21 cycle, and it'll be a blow-off top. After that, the real fun for alts will start.
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