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CRYPTO WITH SK - BTC ETH BNB
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$BNB
is Loading ๐ for something BIG ๐๐๏ธ๐ฏ๐
TP : 825
SL : 806
go ahead ๐โ
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CRYPTO WITH SK - BTC ETH BNB
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๐จ..Trade Signal..๐จ ๐ฅ๏ธ Long = $BTC โณEntry ~ Now ๐ฐ๏ธ ๐ Leverage ~ 7x ๐ฏ TP : 117K ๐ฐ ๐ท SL : 114K ๐ช โ ๏ธ Use Proper Risk Management ~DYOR ! #Bitcoinโ โ Follow @CRYPTO WITH SK - BTC ETH BNB
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๐จ..Trade Signal.. ๐จ โ Long = $ETH โณEntry ~ Now ๐ ๐ Leverage ~ 7x ๐ฏ TP : 4500 โฎ๏ธ SL : 4200 โ ๏ธ Use Proper Risk Management ~DYOR ! Follow @CRYPTO WITH SK - BTC ETH BNB #MarketPullback #PowellWatch
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Etherium Update โ #PowellWatch TLDR Ethereum fell 0.67% to $4,221.67 in 24h, extending a 2.11% weekly decline amid broader crypto volatility. Key factors: ETF outflows โ $196.6M net exits from spot ETH ETFs Technical pullback โ Bearish divergence after testing $4,793 resistance Market-wide caution โ Risk-off sentiment ahead of Fed Chair Powellโs Jackson Hole speech Deep Dive 1. ETF Demand Cooling (Bearish Impact) Overview: U.S. spot Ethereum ETFs saw $196.6M in net outflows on August 19 โ their second-largest daily withdrawal since launch (The Block). This follows a 10-day inflow streak that brought $3.7B into the products. What this means: Institutional momentum has slowed as traders take profits after ETHโs 65% 90-day rally. The ETF outflow coincided with ETHโs failure to break its 2021 ATH of $4,878, creating a โsell the newsโ dynamic. What to watch: Fridayโs Jackson Hole speech โ any hawkish Fed comments could extend risk-asset pressure. 2. Technical Correction Signals (Mixed Impact) Overview: ETHโs daily RSI (52.08) and MACD histogram (+0.136) show weakening momentum after prices stalled below $4,800. Analysts note a completed Elliott Wave 3 pattern, suggesting a Wave 4 correction to $3,664โ$3,904 (CCN). What this means: Short-term traders are exiting positions at resistance, but the weekly chart remains bullish with ETH above its 30-day SMA ($3,954). The 50% Fibonacci retracement at $4,073 held as support during Tuesdayโs dip. 3. Macro Risk Aversion (Bearish Impact) Overview: Crypto markets reacted to hotter-than-expected U.S. PPI inflation data (+0.3% vs +0.2% forecast), reducing bets on aggressive Fed rate cuts. Bitcoin fell 0.8%, dragging ETH and altcoins lower. What this means: ETHโs 30-day correlation with BTC remains high (0.89). With BTC struggling below $115K, ETH faces headwinds despite stronger fundamentals like Volkswagenโs new ETH payment integration (CCN). Conclusion ETHโs dip reflects profit-taking after a massive rally, cooling ETF flows, and macro uncertainty . $ETH
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$ETH Momentum For #ETH is Starting From Here ๐๐โ Now Take A Strong BUY Position from Here ๐ฅ TP :4500 ๐ SL :4150 โ Entry : 4200 #MarketPullback $ETH
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$BTC Current Scenario is Going to Here : Bitcoin is trading at approximately $115,450 today, down from its recent record high above $124,000 last week. Monday saw a decline of roughly 2.3%, driven by disappointing wholesale price data and confirmation that the U.S. government wonโt be expanding its Bitcoin holdings. These factors, combined with macroeconomic uncertainties and the upcoming Federal Reserve Jackson Hole symposium, have heightened caution among investors. Technical indicators suggest potential for further downside toward $88Kโ$94K, although signals from spot ETF flows and stablecoin markets suggest possible support for a rebound to $120K. As the market balances between speculative activity and institutional interest, Bitcoinโs price action today reflects a blend of nervousness and resilience.
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