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Cas Abbé
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still holding strong here
I’m staying in my longs as there’s no reason to flip bias yet
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Cas Abbé
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5 Crypto Watchlists For This Week 1) $BTC ➢ US and China trade discussions will happen on 9th June. ➢ If anything positive comes out of it, BTC could hit a new ATH. 2) $S ➢ Sonic will unveil its upcoming airdrop this week. ➢ It'll be the first major airdrop which will be open for US investors. 3) $VIRTUAL ➢ Virtual's Agent Commerce Protocol will launch. ➢ This will allow AI agents to interact and complete on-chain tasks. 4) $APT ➢ Aptos major token unlock will happen on 12th June. ➢ Nearly 11.31 million tokens worth $53.69 million will be unlocked. 5) $ETH ➢ The SEC will host a roundtable on DeFi on 9th June. ➢ Given Ethereum is the biggest leader in the DeFi space, positive outcomes will be bullish for its price.
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$ETH hidden bullish divergence is in play. Prices are making higher lows, while RSI is making lower lows. This is a clear sign that ETH's underlying strength is still intact. I think a dump below $2.4K was the local bottom, and ETH could now rally towards $2.7K-$2.8K in the coming weeks.
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Where is Altseason? When will my bags pump? When will I make genrational wealth? The reality is that we're still in Bitcoin Season. Altseason hasn't even started yet, as ETH is still trading below 2021 highs. I know that during 2020-21 cycle, alts rally happened much earlier but that was an outlier. Massive QE and 0% interest rates fueled that rally. This time, we won't get any major liquidity injection until Q4 2025. So, accumulate in silence and just wait. Big gains will definitely happen.
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$MASHA is breaking out 🚀 The entire market is going through a correction, but MASHA is heading higher. It seems like a new ATH is coming this month.
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BNB Chain has done $10B+ in DEX volume for 18th consecutive days. Since 20th May, @BNBChain has done $219B in DEX volume, which is more than all the other chains combined. And here's the biggest shocker. As the BNB Chain network activity is rising, its median transaction fees just hit a new low of $0.015. This is just phenomenal 👏
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