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That headline suggests BlackRock has purchased $8.65 million worth of Ethereum (ETH) on Coinbase, a major crypto exchange. Here's what it could mean: 1. Institutional Confidence: BlackRock is the world’s largest asset manager. If it's buying ETH, it could signal growing confidence in Ethereum among institutional investors. 2. Market Impact: Large purchases like this often lead to short-term price increases, as demand rises. 3. Ethereum ETF Speculation: There may be renewed speculation about a spot Ethereum ETF, which BlackRock has applied for. Buying ETH could be part of preparing for that. 4. Bullish Sentiment: This kind of move can make retail and other institutional investors more bullish on ETH. $ETH $BTC
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"This was a premium trade signal shared on Ethereum/USDT. Entry was given around 2412 with a clear setup, proper risk-reward ratio, and defined stop loss and take profit levels. A high-quality signal based on technical analysis." $ETH "Premium Trade Signal - ETH/USDT Entry: 2412 Stop Loss: 2363 Take Profit: 2512 Risk/Reward: Well-structured This setup was based on strong technical confirmation, ideal for premium subscribers."
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Technical Observation: 1. M Pattern Formed: The chart clearly shows a double top (M pattern), which is typically a bearish reversal pattern. After forming the M, price dropped sharply — confirming the pattern. 2. Monthly Bullish Pin Bar Forming: Now, ETH is forming a strong bullish pin bar at a key support zone (around $2,300). This pin bar has a long lower wick, indicating strong rejection from the downside. 3. Stochastic RSI: It's in the oversold zone, indicating the potential for a bullish reversal. --- Trading Signal (Swing Position): Bias: Bullish Reversal (short to medium term) Entry: Around $2,400 – $2,450 (current price zone) Stop Loss: Below the wick low of the pin bar (around $2,150) Take Profit (TP1): $2,650 (near 25 MA) Take Profit (TP2): $2,950 – $3,000 (mid-range resistance) --- Risk Management Tip: Risk only 1–2% of your capital on this trade. This is a counter-trend trade after a major drop, but supported by bullish price action and indicators. $ETH
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#bitcoin Update: I've marked the key demand zone between 100,700 – 102,500 on the chart. If price retraces into this area, we could see a potential bounce. Monitor for bullish confirmation before entry. A clean break below may invalidate the setup. Stay alert and manage risk accordingly. $BTC
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USUAL/USDT Showing Strong Reversal from Demand Zone — Potential Long Opportunity The price has rebounded sharply from the 0.1210–0.1220 demand zone after a heavy drop, indicating a strong bullish turnaround. This setup suggests a move back toward a key resistance level with a solid risk-to-reward ratio. Trade Details: Entry Point: 0.1238 Target (TP): 0.1325 Stop Loss (SL): 0.1207 Market Analysis: The asset is recovering from oversold levels, showing that buyers are stepping in at lower levels. If the price breaks above 0.1284, it would confirm additional upward momentum toward the target. Given recent volatility, proper risk management is essential. Community Note: Momentum is building — don’t miss out. Early movers tend to benefit most. Position yourself before the breakout happens! This is your cue. Get in before the next breakout candle confirms the trend. $USUAL
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