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Crypto Eagles
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The Ethereum foundation has just announced "Trillion Dollar Security (1TS) Initiative". Here's what this means 👇 Ethereum is currently the most decentralized blockchain, and it aims to bring trillions in assets on chain. With this initiative, Ethereum wants to make wallets, smart contracts & UX safer. It wants to create an economy where billions of individuals will feel safe holding $1000 onchain, collectively amounting to trillions of dollars. Anyone who's ignoring ETH now will make a huge mistake. $10K ETH is programmed this cycle. $ETH
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Now is the perfect time to bid on undervalued alts. BTC is ranging near its previous ATH, while macro uncertainty is almost over. Stocks are ripping off, which means the risk-on environment is here. But how would you spot undervalued alts? Most alts topped in Q4 2024 and since then, they have been in a downtrend. Look for alts which have just broken out of their downtrend for the first time since Q4 2024. Look for both USD and BTC pairs, as it'll increase your conviction. After that, spot bullish TA indicators like MACD cross, bullish divergence etc. so that the breakout doesn't turn out to be fakeout. And lastly, look at the volume which should be in an uptrend. If you find these 3 things, it means you got your easy 3x-5x Altcoin. $BTC
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Bitcoin now needs a new catalyst for a price pump. US-China trade resolution, low CPI and China QE are mostly priced in. The recent rally has mostly been driven by perps, which is why ETF inflows are declining. But for alts, the situation is a bit different. A lot of alts are getting shorted heavily, which could result in more upward continuation. Also, BTC dominance is showing weakness, which means more strong for alts. The best bet now would be "long utility alts which have broken out of their USD and BTC pair". $BTC
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Most people are comparing BTC with the 2020-21 cycle. But I think the 2016-17 cycle comparison is much more accurate. First of all, charts look almost similar. Also, Trump was president back then and he's president now. The FED wasn't doing the QE in the 2016-17 cycle but China was doing QE, which is the case now. In 2017, the BTC real pump started in April and this time, something similar happened. I hope the end result will also be similar to the 2017 cycle. $BTC
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3 Reasons ETH could hit $3,500 by June? ETH just posted its biggest 3-day gain since 2021, and this rally may not be over. Here's why 👇 1) Smart money buying Since 8th May, an institution has bought 185K ETH worth $460 million on exchanges. This is nearly 0.15% supply of ETH getting bought in just 4 days. 2) BlackRock filing BlackRock met with the SEC regarding staking and tokenization recently, both of which are directly related to ETH. 3) US-China negotiation The US has announced a trade deal with China, which means risk-on assets could now rally. This will definitely bring liquidity into ETH, which could bring positive momentum. $ETH
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Latest News
Ethereum(ETH) Surpasses 2,600 USDT with a Narrowed 0.24% Decrease in 24 Hours
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U.S. Trade Negotiations Exclude Currency Policy Commitments
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Ukraine Open to Negotiations to End Conflict with Russia
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Bitcoin(BTC) Drops Below 103,000 USDT with a 0.86% Decrease in 24 Hours
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Ethereum Experiences Decline Below 2600 USDT
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