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🚨🚨🚨 260 billion wiped out from the Altcoin Market Cap in a single candle.
Told you there was a high possibility of a leverage flush in altcoins after predicting #Bitcoin's leverage flush.
Newbies bought the every dip over the last couple of weeks and got liquidated now in a single candle.
Told you there was a high possibility of a leverage flush in altcoins after predicting #Bitcoin's leverage flush.
Newbies bought the every dip over the last couple of weeks and got liquidated now in a single candle.
STH Realized Profit has recently surged to nearly +3 standard deviations above its 90-day average, showing notable profit realization. However, historical data from previous cycles shows this metric typically reaches +5 standard deviations or higher during ATH rallies, suggesting much stronger profit-taking pressure is usually needed to overwhelm demand inflows.
FXS analysis:
The price is gradually approaching the major resistance area. This is a no-trade zone, and it is better to wait for a while for new entries.
Local Support Area: $2.60-$2.85
Major Resistance Area: $4.85-$5.25
The price is gradually approaching the major resistance area. This is a no-trade zone, and it is better to wait for a while for new entries.
Local Support Area: $2.60-$2.85
Major Resistance Area: $4.85-$5.25
💰 Solana broke above $180 and rallied to $260 twice.
Now it's breaking out again above the $180 resistance.
Target: $260 – $320.
Now it's breaking out again above the $180 resistance.
Target: $260 – $320.
💰 BTC hits a new ATH. Time for Altcoins to chase their yearly highs and aim for new all-time highs 🚀
💰 During the Acceleration Phase, the best strategy is to HOLD, as new entries will be hard and volatile initially.
📉 Over the past three days, the futures market has lacked the bullish sentiment seen on April 21 needed to accelerate the trend.
The main issue is the spot market and holders locking in profits at the STH realized‐price level.
The main issue is the spot market and holders locking in profits at the STH realized‐price level.
Bitcoin is maintaining its support level, but the volume remains low. A break below $93,000 would be bearish and could open the door to the $90,000 level. All eyes will be on Monday's opening.
PENGU analysis:
The price is currently testing the resistance area. We will see if it can break above this level. If it does break through the resistance, it will indicate a bullish trend and the upward movement will continue. However, if the price is rejected at this point, it will likely fall back to the support zone.
Support Area: $0.007080-$0.007400
Resistance Area: $0.009000-$0.009570
The price is currently testing the resistance area. We will see if it can break above this level. If it does break through the resistance, it will indicate a bullish trend and the upward movement will continue. However, if the price is rejected at this point, it will likely fall back to the support zone.
Support Area: $0.007080-$0.007400
Resistance Area: $0.009000-$0.009570
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