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Alek Carter
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#BTC
had its weekly closing and kinda bearish closing now. Price still on a consolidation after those huge rally and forming a falling wedge pattern. A breakout will decide the direction, and eyes on the market.
#ETHBreaks3700
#NFTMarketWatch
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Alek Carter
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Here's the Analysis of #THE : #THE gave a break of the consolidation range and now price retesting the zone as support around $0.40 - $0.45. Market looks bullish and price can move further higher towards the next resistance around $0.70 - $0.75, so take the buys with tighter stoploss. #ETHBreaks3700 #StablecoinLaw
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$MTL /USDT BUY SETUP MTL has broken out of the descending triangle with significant volume and successfully completed a retest. The Ichimoku Cloud is acting as strong support, indicating bullish momentum. The setup looks primed for a potential strong upward move. #CryptoMarket4T #BinanceHODLerC #AltcoinBreakout #BTCWhaleTracker
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When assessing the 30-day change in aggregate open interest, we observe that the magnitude of fluctuations has been accelerating. Throughout the 2023 calendar year, changes in open interest remained relatively muted, however, following the introduction of US Spot ETFs in January 2024, these fluctuations began to intensify. This growing volatility in open interest signals a broader market transition, from one primarily driven by spot activity, to a more derivatives-led structure. Such a shift increases the risk of cascading liquidations and contributes to a more unstable and reflexive market environment. #ETHBreaks3700 #GENIUSAct
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$SOL made a very good move after the breakout of the channel. Price moved around 24% in profits and it time to secure and hold something. #ETHBreaks3700 #StablecoinLaw
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Strategy now holds $71B worth of Bitcoin, placing it among the top treasury holders in the S&P 500. 🔜 It ranks 9th, surpassing major firms like NVIDIA, PayPal, and Exxon. 🔜 Highlights growing institutional weight behind Bitcoin as a treasury asset. #ETHBreaks3700 #GENIUSAct
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