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Twin Tulips X Web3 Protocol
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Bullish
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💥BREAKING:
🇯🇵 $210 BILLION JAPANESE FINANCIAL GIANT SBI FILES FOR A
#BITCOIN
AND CRYPTO ETF.
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$ETH DOWN $6B IN OPEN INTEREST SINCE THE LOCAL HIGHS — A -21% DECLINE VS JUST A -9% PRICE DROP. THESE ARE THE KIND OF HEALTHY RESETS YOU WANT TO SEE IN A BIGGER TREND. LONGS WERE OVERLEVERAGED — THEY JUST GOT FLUSHED. MEANWHILE, $BTC LOST $5.8B (-13%) IN OPEN INTEREST WITH ONLY A -2% PRICE DIP. LOTS OF POSITIONS HAVE EITHER TAKEN PROFIT OR BEEN CHOPPED OUT. THE MARKET LOOKS WAY MORE HEALTHY THAN IT DID 1–2 WEEKS AGO. BUT THIS DOESN’T MEAN WE GO UP IN A STRAIGHT LINE FROM HERE. FROM NOW ON, IT’S ALL ABOUT SPOT BID. • WATCH FOR SPOT PREMIUMS • MONITOR ETF FLOWS • TRACK TREASURY BUYING THESE FACTORS WILL TELL YOU WHERE PRICE GOES NEXT.
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#BITCOIN BROKE OUT FROM THE BULLISH PENNANT – AND NOW GIVES A QUICK RETEST OF THE 50D EMA. TARGET OF THE PENNANT REMAINS $130,000. SEND IT HIGHER. 🚀
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EVERY DAY, $400M–$500M IN STABLES ARE BEING MINTED. THIS IS THE KIND OF LIQUIDITY THAT OFTEN STARTS THE NEXT LEG UP. THAT’S WHY I’M WATCHING USDT DOMINANCE CLOSELY. ➡️ USDT MCAP IS RISING, BUT DOMINANCE IS MOVING SIDEWAYS. ➡️ THIS MEANS LIQUIDITY IS STARTING TO FLOW INTO BTC AND ALTS. IN MY OPINION, USDT DOMINANCE COULD GO SIDEWAYS FOR A FEW WEEKS BEFORE CONTINUING ITS DOWNTREND. 📉 TARGET: 2.5%–3% BY Q4 2025 — MARKING THE POTENTIAL BLOW-OFF TOP.
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$196.2M FLOWED OUT OF THE $BTC ETFS. BUT $73.3M FLOWED INTO THE $ETH ETFS. ARE THEY LOADING UP FOR THE NEXT PUMP??? 👀🚀
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ARE YOU READY FOR WHAT’S COMING? MANY WILL REGRET NOT FOLLOWING ME. STAY AHEAD — OR STAY BEHIND. 🔥
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