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Cas Abbé
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A bounce from exact $2 - $2.05 zone ✅
$XRP
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Cas Abbé
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Whales are using the same playbook again. Looking at the 2024 and 2025 chart similarities and you'll be shocked. Consistent lower highs for a few months which led to the formation of a bullish falling wedge. After that, BTC broke out of that downtrend and hit a new ATH, which is exactly what's happening now.
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Ethereum's Pectra Upgrade has been really successful. Hours after the Pectra Upgrade, ETH annual inflation dropped from 0.7% to -0.53%. In simple terms, ETH has turned deflationary again. Also, daily ETH burn has doubled since Pectra Upgrade, which is the reason behind ETH's pump. We all know that ETH has been underperforming this entire cycle, due to lack of demand and increasing supply. If ETH burn increases, the supply issue will be resolved and it will eventually attract demand too. It feels like $3K ETH in Q2 is coming.
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Space and Time ($SXT) is coming on @Binance 🤩 @SpaceandTimeDB is Microsoft-backed blockchain for ZK-proven data. Here's why it's very interesting 👇 - 69th Binance launchpool project - Mainnet will drop on 8th May - Backed and used by Microsoft, SUI, zkSync etc. - Fully decentralized dn infra with indexes chains like Ethereum Here's how you could earn $SXT: Lock you BNB, FDUSD or USDC on Binance launchpool and farm $SXT for free. Trading will also go live today at 1 PM UTC. JOIN Now 👇
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Booking my profits here ✅ $ONDO bounced perfectly
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Yesterday's FOMC meeting was less bullish than expected. First of all, Powell acknowledged that inflation has come down significantly, which is a good thing. But then he mentioned a lot of bearish things. He said things about inflation concerns due to the tariff war and stagflation fears due to negative GDP and even mentioned that there is no hurry to do rate cuts. BTC definitely rallied after his press conference because the market knows that the Fed will do at least 3 rate cuts this year. This is why bond yield fell during Powell's press conference. I think we need to wait more for the alts rally, but until then BTC could definitely go up a lot.
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