🥳🎉🥳💰💰🚀Crypto Market Goes Parabolic: Bulls Take Control
The Crypto Market is Entering a Parabolic Rally with Explosive Gains Across Major Coins.💰🚀🥳🎉💰💰
Crypto Trader emphasized that the global crypto market cap going parabolic confirms earlier projections of a blockbuster Q3.
Since his call, #Bitcoin has hit a fresh all-time high, #Ethereum surged beyond $3,000, billions in shorts have been liquidated, and altcoins have posted 50%–100% gains
Market Overview:
Bitcoin ($BTC ): $122,216.00 (+3.62%)
Intraday High: $122,394.00
Intraday Low: $117,784.00
Ethereum ($ETH ): $3,030.72 (+2.40%)
Intraday High: $3,052.93
Intraday Low: $2,947.28
Key Drivers Behind the Surge:
Regulatory Optimism: U.S. Congress is moving fast with pro-crypto bills.
Massive #ETFs Inflows: Spot Bitcoin ETFs attracted $1.18B+ recently.
Short Squeeze: Over $1B in shorts liquidated, fueling upward momentum.
Institutional Buying: Firms like MicroStrategy continue to accumulate BTC.
#ParabolicRally Signals:
Price action is showing exponential gains, breaking major resistances.
Chart patterns support continued momentum (bull flags, inverse H&S).
Analysts target $134K, $150K, and even $300K for BTC if momentum continues.
But Be Aware:
Previous cycles suggest time may be running out for this wave.
Failure to hold above $112K may lead to pullbacks.
Cycle tops historically occur Oct–Dec.
Conclusion: Yes, the market is going parabolic — but smart traders stay alert for trend reversals. Manage risk and ride the wave wisely.