🩸 August 1 - the largest liquidation of long positions sinc | CoinInsight on Binance Square

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🩸 August 1 - the largest liquidation of long positions since February 25 A significant leverage washout 

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Ethereum is experiencing a broadening wedge breakout🧐 On the 3-day timeframe, Ethereum is consolidating near the resistance zone with confidence💁‍♂️ A wedge breakout, combined with volume confirmation, suggests that higher resistance levels are approaching📈 Price targets are set at $4,700, $5,500, and $6,850🎯 Smart money is already accumulating, so stay alert👀

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$OTHERS 1W Update: Everything is going well so far. 👌

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$RUNE THORChain is maintaining its position above the previously descending resistance line, which has now become a support level on the weekly timeframe🔍 The price is rebounding from this level, which is crucial for confirming a bullish trend reversal👨‍💻 This bullish pattern could lead to potential gains towards $2.20, $3.50, $7.50, and $12.50🐃

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$CKB has successfully broken through the falling wedge and is now consolidating above it. 👨‍💻 The completion of this 3D pattern is flawless, indicating that the accumulation phase has finally ended. 💥 As momentum continues to build, $CKB is poised to rally significantly higher. 📈

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$GRT is holding strong above a critical support level on the 3D chart. 🧐 This zone has been defended multiple times, indicating smart accumulation is occurring. 🔺 If the bulls maintain control, $GRT could soar toward $0.30. 🚀

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