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Ethereum (ETH) is showing strong bullish momentum, trading at $2344.96 with a 21.12% increase recently. Here's a breakdown of potential targets and strategies: Potential Targets: - Short-term Targets: - First Target: $2378 (24-hour high) - Second Target: $2400 (psychological resistance) - Intermediate Targets: - $2500 - $2550 (potential resistance level after reclaiming $2200-$2250 range) - Long-term Goal: - $3000 Entry Strategy: Consider entering long positions around $2350-$2360 on minor pullbacks, with a potential stop loss at $2330, below the recent local low and key support area. Market Analysis: Ethereum's recent surge is attributed to the US-UK trade agreement and increased buying pressure. On-chain data shows a decline in Ethereum's exchange reserve, indicating rising buying pressure. Institutions and whales are accumulating ETH, with Abraxas Capital buying 49,644 ETH recently . Keep an eye on key resistance levels and adjust strategies accordingly. The Relative Strength Index (RSI) and Stochastic Oscillator are in the overbought region, signaling potential short-term corrections .#TradeOfTheWeek $ETH
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President Trump is signaling a potential shift in the US-China trade war, suggesting that the 145% import tariffs imposed on China might be rolled back. A meeting between top officials from both countries is scheduled to take place in Switzerland, where Treasury Secretary Scott Bessent will represent the US, and Vice Premier He Lifeng will represent China. Key Points: - Tariff Rollback: Trump stated that the tariffs are likely coming down, citing their current high rate of 145%. - Upcoming Meeting: The Switzerland meeting aims to discuss reducing trade tensions between the two nations. - Friendly Talks: Trump described the meeting as "very friendly" and peaceful, with both sides looking forward to an elegant resolution. - Economic Pressure: Both countries are feeling economic strain, with China's exports to the US dropping over 20% in April compared to last year. - Potential Outcomes: - Minor Tariff Cuts: Analysts believe any tariff reductions will be minimal. - Long Road Ahead: Systemic issues between the US and China won't be resolved soon, with high tariff barriers likely remaining. In a recent development, the US has also struck a new tariffs agreement with the UK, which will lower duties on certain British cars and allow tariff-free imports of steel and aluminum. This agreement serves as a precursor to the potential US-China deal .#TradeStories don't forget to follow me for more updates @fatima_tariq $BTC $BNB $TON
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gm gm angels 😄
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🚀 PNUT IS SKYROCKETING! 🚀 Blasting off to $0.2791 with a mind-blowing 66% surge in just 24 hours! 💥 Massive trading volume: 559M PNUT & 122M USDT! 💸 Breakout mode activated! 🎯 Next stop: $0.30+! ⏰ Don't miss this rally - momentum is STRONG! 🔥 PEPE's also on fire with a 47% gain! $PNUT don't forget to follow me for more updates @fatima_tariq #CryptoComeback
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AMAZING journey of learning with @Binance Angels @RIBKA_BITCOINER @Binance Africa @Dilip Ishara @WealthyBrain and amazing speaker @Halving2024
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