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$BTC 🇺🇸 ETF FLOWS: Around 471.12 BTC were sold and 10.49K ETH were bought on June 6. BTC ETFs saw $47.82M in net outflows. ETH ETFs saw $25.22M in net inflows.
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#CryptoCharts101 Trading and investing is all about probabilities. You can be extremely certain of a certain move happening, but does the potential loss weigh up against what's left to win? Maybe you're risking 10% to win 2%, that means your confidence/success rate needs to be 80%. Thinking this way in risk/reward before and during a trade is key in managing your risk properly and in identifying which spots are worth it and which ones are not. If you find yourself taking positions without exactly knowing what you're targetting for or without a clear invalidation level, you're at risk of taking the wrong trades and inflating losses to large amounts while the upside might not even have been worth it. Always keep this in mind. Each has their own trading style & strategy but risk/reward should always be one of the leading factors. How well you determine these, is what makes the difference in skill between traders.
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#TradingMistakes101 While everyone is busy with and Netflix, I am watching this chart closely. We all remember the all-time retail favorite $XRP. It's currently at $2.27 and getting ready for a V-shape recovery. Looking at the chart, it looks ready for a breakout and a rally above $3.60. Taking a bet on this one just for fun as I don't really like XRP. But I locked in my targets. If you're not following my calls, no worries, maybe it will make more sense next time. There's many opportunities arising in a bull market.
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$DOT DOT/USDT Technical Analysis – June 8, 2025 Polkadot (DOT) made a swing low at $3.25 on April 9 and a swing high at $5.40 on May 12. The current price is $4.02 and forming a higher low, which confirms the beginning of an uptrend. Volume is decreasing, showing that selling pressure has weakened. This is called bullish volume divergence, a sign that buyers are stepping in. The price is now inside the Fibonacci golden zone (0.706). This is a strong support area and a common point for trend reversal. A V-shape recovery starts from this type of level. A break above $5.40 confirms a bullish structure. The next resistance is the 200-day moving average at $5.56. Once price moves above it and holds, DOT enters a strong bullish phase. --- Trade Setup: Buy Zone: $3.80 – $4.00 Stop Loss: $3.20 Short-Term Targets (2 to 4 weeks): $6.90 and $7.40 Mid-Term Targets: $9.16 and $11.60 Major Resistance: $10.25 (200-week MA) Weekly Breakout Level: $11.889 → confirms bullish trend on higher timeframe --- Bull Market Long-Term Targets: $17.55 $23 $45 $55 Final target for this cycle: $86 – $91 --- Disclaimer: I am not a financial advisor. This content is for educational purposes only. Always do your own research and manage risk properly. #DOT #Write2Earn
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BULLISH: BlackRock’s ETHA ETF has seen 9 straight days of inflows, totaling over $492 million.
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