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Basel Medical Group $BMGL just announced the plans to acquire $1 billion
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Hyperlane $HYPER – Bearish Pressure Amid High Sentiment And Ever Falling Price. Overview: Hyperlane $HYPER is currently trading at $0.1380, with a 24h price drop of -6.1% and a market cap of $24.71M. With low trading volume $16.M ( overall , 30% less in 24h) and ever dumping price, current indicators point toward a dump in the short term. Also, 12.69M $HYPER will be released on 22 May adding to its dumping price. Market Sentiment: The Fear and Greed Index sits at 74 (Greed), reflecting strong optimism in the market. However, this heightened greed is often a precursor to a market correction, especially when combined with overbought signals from the Relative Strength Index (RSI). Technical Levels: Resistance Level: $0.15 Support Level: $0.1359 The current price is well above the resistance level, indicating potential overvaluation and a high risk of correction. If the price retraces, the support at $0.1359 will be key in gauging whether the trend stabilizes or breaks down further. Indicators Summary: Bullish Indicators: None identified currently. Bearish Indicators: Overbought RSI, price drop despite high sentiment. Prediction: Given the overbought condition and lack of bullish technical indicators, a short-term correction (dump) is likely. Caution advised – wait for a pullback to support levels before entering, unless sentiment and technicals realign bullishly. #BTCNextATH
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Binance founder CZ says "Abu Dhabi is the AI and blockchain center" of the world. #AbuDhabiCrypto #UAE #Binancepizza
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Steak 'n Shake officially started accepting Bitcoin as payment at all the locations. #bitcoin #bitcoinpizzaday
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$3B Crypto Options to Expire: What It Means for Bitcoin and Ethereum Today. Today, May 16, over $3.2 billion in crypto options contracts are set to expire, including 26,500 Bitcoin contracts valued at $2.7 billion and 220,000 Ethereum contracts worth $570 million. This event comes as the market shows signs of cooling after a recent rally. Key Highlights: Bitcoin $BTC : The put/call ratio stands at 0.99, indicating a balanced sentiment between bullish and bearish positions. The max pain point is at $100,000, with significant open interest at $110,000 and $120,000 strike prices, suggesting traders are eyeing new all-time highs. Ethereum $ETH : With a put/call ratio of 1.24 and a max pain point at $2,200, there's a slightly bearish tilt among traders. Market Sentiment: Analysts from Greeks Live note a growing caution among traders, with many taking profits on long positions and adopting defensive strategies. The market's recent gains have led to concerns about overextension, particularly around the $105,000 level for Bitcoin. Current Market Snapshot: Bitcoin: Trading around $104,000, showing resilience with a 1.2% daily increase. Ethereum: Trading near $2,500, reflecting the cautious sentiment among traders. As these options expire, the market's next moves will be crucial in determining whether the recent rally continues or if a correction is on the horizon. #BTCPrediction #OptionsExpiry
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FTX will distribute over $5B to creditors on May 30. 🚨 Pay attention to the $FTT token. Binance might delist $FTT soon due to price drops and user votes. FTX repayments and old Trump rumors add to the drama. Plan your move in advance. #ftt #Binance
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