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📉🗯🎀 A Quick Look At The Crypto Market - 21/05/25 Hey Friends‼️ We might be in for a historical day in crypto as Bitcoin is pushing for the ATH. Meanwhile, ETH has found strength again, BTC dominance is down again & more! 🔹️BTC In yesterday’s analysis, I noticed that BTC created a long-wicked candle, hinting at further upside movement. The $106.5k resistance level was then broken, and on the hourly time frame, it seems BTC has now turned this level into support. On a daily TF, the long-wicked candle was followed by an engulfing candle which closed above resistance. Today, the positive action continues as BTC is getting very close to its all-time high. So all eyes are on that today. 🌟 BTC Dominance As I predicted, Bitcoin’s dominance did bounce up from the green area, giving alts some short-term hardship. However, even with BTC’s rise today, BTC.D is coming down to test support again. I hope to see it come down to at least 63.4%, and if ETH keeps up, hopefully, we will see even lower levels. ✨️ ETH Yesterday, ETH was testing the ~$2,600 area, and I was hoping to see it break the resistance. Instead, we took a little downturn, which ended up in ETH creating a higher low(good thing!) and is now testing the resistance again. ETH:$2,592.76 above $2,650 would create a higher high, indicating possible further upside movement. Most of us obviously want to know when altcoin will run, if they’ll run. The ETHBTC chart shows whether ETH is outperforming BTC or the other way around. ETH outperforming should hint at a potential alt rally. Alts have been struggling lately, and as you can see in the chart below, ETHBTC has been in a downtrend for a while as BTC has been dominating. Interestingly enough, even though Bitcoin is going for its ATH, ETH seems to have woken up and is currently outperforming BTC. In this chart, we can see some early signs of the diagonal trendline breaking, although I’d wait for ETHBTC breaking the horizontal (green) area so we’d get a higher high as a confirmation of the trend shift. $BTC $ETH $SUI
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Justin Sun to Attend Dinner with Trump and Memecoin Investors Justin Sun, founder of the Tron network, recently confirmed that he owns the wallet holding the largest amount of TRUMP memecoins, securing him a seat at a private dinner with U.S. President Donald Trump on May 22 at Trump’s private golf club near Washington, D.C. Justin Sun To Attend Dinner With Trump And Memecoin Investors In a May 19 post on X, Sun revealed that his wallet, labeled “Sun,” held around $19 million worth of TRUMP tokens, placing him at the top of the memecoin holder leaderboard and earning him an invitation alongside 219 other top investors. Additionally, the top 25 wallets will receive access to a VIP reception and special tour with Trump. Sun said he plans to use the dinner as an opportunity to network and discuss the future of the crypto industry. However, his decision to go public with the news after the leaderboard had closed on May 12 has raised some questions. Sun’s participation further deepens his ties with Trump and his family. He had previously invested around $75 million into crypto ventures linked to Trump’s three sons through the platform World Liberty Financial, where he also serves as an advisor. $BTC $ETH $SOL
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Unstop meme on upcoming Bitcoin pizza day. $BTC $ETH $SOL #BinanceAlphaAlert #SaylorBTCPurchase #EthereumSecurityInitiative #BinancePizza
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