Is nobody paying attention to this massive $BONK breakout? � | Henry Insights on Binance Square

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Is nobody paying attention to this massive $BONK breakout? 👀
#Bonk #memecoin🚀🚀🚀 #crypto 

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$ETH just outperformed $BTC for the first time since Q4 2022. I am Not gonna lie, this might actually be the beginning of something. I have been watching ETH/BTC for months. You already know how this goes. I am not saying full-on Altseason but we can expect good moves from here. Let’s see how Q3 opens. I am paying close attention from here. Are you?

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🚨 Glassnode reports over $1.2 TRILLION in unrealized Bitcoin gains. This is one of the strongest signs of growth in this cycle most holders are deep in profit. But you know the catch 👇 Unrealized profit means potential sell pressure. But imo if market sentiment shifts, fear kicks in, or macro turns, some of that $1.2T can turn into real selling fast too. Right now, the data suggests confidence like: → Whales are holding → No mass distribution → NUPL not in euphoria But as always with crypto we all know Euphoria turns to exit signs in a blink. So yes, this is bullish but i just wanted to aware you. Profit is just paper until someone decides to take it. Bookmark my words!

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Heavy bags usually mean heavy hands, let’s see who really came to hold.

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Zoom out and you will see it. $BTC early 2024 = $ETH right now • BTC dumped on ETF approval → Grayscale sold → then it went vertical • ETH chopped on WW3 fears → stealth buys from SharpLink → breakout loading? Same setup, different ticker. $ETH mega pump incoming?

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Be careful $DXY right now on DO and DIE point. DXY lost its support. Now as DXY will go down, BTC will go up. $DXY is going to 89 and $BTC............? Time to go risk on?

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