๐ Ethereum Momentum Builds โ Is the Altseason Finally About to Ignite? ๐ฅ
The crypto market just keeps heating up! With a 0.6% daily and 4% weekly gain, total market capitalization now stands at $3.45 trillion โ a level we last flirted with just two weeks ago. What weโre witnessing isnโt just hypeโฆ itโs strategic, institutional accumulation. Slow and steady might just win this crypto race. ๐ข๐
๐ Bitcoin is wrestling with resistance at $110K, with eyes locked on $112K, its late-May high. A break here could catapult us toward the $135K mark. Are you ready?
๐ฅ Meanwhile, Ethereum surged 5% in 24 hours, stabilizing above the 200-day MA at $2,800. As ETH holds strong, whispers of Altseason are growing louder. If ETH leads, the alts could follow in a frenzy. โก๏ธ
๐ฆ BlackRock's IBIT โ now the fastest-growing ETF in history โ hit $70B AUM in just 341 trading days, shattering goldโs (GLD) record of 1,691 days. Institutional firepower is changing the game.
๐ Even corporate whales are stacking:
Strategy Inc. grabbed 1,045 BTC last week at $105K apiece. With 582,000 BTC on their books, theyโre sitting on a $40.2B digital goldmine. ๐ฐ
๐ On-chain signs are bullish:
Coinbase premium hits a 4-month high โ American buyers are stepping in big. ๐บ๐ธ
BTC supply on exchanges down 35% since July 2024 โ the squeeze is real. ๐ง
๐ก๏ธ Regulators are evolving too:
SEC unveils a new non-custodial crypto storage policy
FCC prepping to exclude DeFi from upcoming regs โ freedom for builders may finally be here! ๐ง
๐ฏ This isnโt just another pump. Itโs the calm before the altcoin storm. Ethereumโs surge could light the fuse. Are you positioned?
๐ Trade smart. Trade secure. Trade with #Binance. #BinanceHODLerRESOLV #Write2Earn #ETH #BTC110KSoon?