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[LIVE] 🎙️ Why was the Today market bullish?
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$BTC **🗳 Bitcoin Price Prediction Poll** *As BTC nears $123K ATH, where do you see it by month-end?* 1. **🚀 New ATH above $123K** (Institutional FOMO continues) 2. **📈 $120K-$123K range** (Consolidation before breakout) 3. **⚖️ $115K-$120K range** (Profit-taking slows momentum) 4. **🔄 Below $115K** (Market needs correction first)
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#ETHRally **Institutional Demand Fuels Ethereum's Rally** Ethereum's 78% eight-week gain stems from unprecedented institutional participation: - **ETF Inflows**: - $1B single-day record - $1.72B August total (following July's $5.43B) - **Corporate Adoption**: - BitMine's $5B ETH allocation - Additional $20B planned This institutional activity: 1. Validates ETH as a core crypto asset 2. Provides sustained buying pressure 3. Reduces volatility versus retail-dominated periods Traders should: - Monitor daily ETF flow reports - Watch for correlation with BTC ETF movements - Consider dollar-cost averaging strategies $ETH Data-driven analysis of institutional factors behind Ethereum's recent price performance.
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#ETHRally **Ethereum's $1.7B Profit Day: Market Implications** Ethereum recorded $1.742 billion in daily realised profits on August 12, surpassing its previous$ETH 2023 high of $1 billion set just three days earlier. This suggests: - **Strong Profit-Taking**: Investors are capitalising on recent price appreciation - **Healthy Liquidity**: Significant volume moving through the network - **Institutional Participation**: Large-scale transactions contributing to the total Key considerations: 1. Profit-taking often precedes short-term consolidation 2. The $1B+ profit days indicate strong market depth 3. ETH's fundamentals remain unchanged by this activity Traders should monitor: - Exchange flow metrics - Derivative market positioning - On-chain accumulation patterns #Ethereum #ETH #OnChainAnalysis #write2earn Objective analysis of Ethereum's record daily realised profits and their market significance.
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**Binance's Support for LUNC Network Upgrade: Key Details** Binance will temporarily suspend LUNC deposits and withdrawals on August 15 to support the network upgrade: - **Timeline**: - 14:30 UTC: Suspension begins - 15:30 UTC: Upgrade at block 24,660,000 - Resumption: When network stabilizes **Important Notes**: - Trading continues uninterrupted - No action required from users - Binance handles all technical requirements **Recommendations**: 1. Complete any urgent transfers before 14:30 UTC 2. Monitor official channels for resumption updates 3. Verify transaction status after service resumes #LUNC #TerraLunaClassic #NetworkUpgrade #BinanceSquareFamily Essential information about Binance's handling of the upcoming LUNC network upgrade.
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#ETH5kNext? **Breaking Down Ethereum's $4,700 Price Test** Ethereum recently retreated from the $4,700 level, currently trading at $4,692 with a 4.48% 24-hour gain. This movement suggests: - **Resistance Test**: $4,700 appears to be acting as a psychological barrier - **Healthy Correction**: The pullback follows a strong upward trend - **Market Sentiment**: Maintained positive daily gain indicates continued interest Key factors to watch: 1. BTC correlation strength 2. ETH/BTC pair performance 3. Upcoming network upgrades Traders should note: - Short-term volatility likely to continue - Higher timeframes remain bullish - Important to distinguish between correction and trend reversal #Ethereum #ETH #TechnicalAnalysis #CryptoMarkets #write2earn Objective analysis of Ethereum's recent price action around the $4,700 level.
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Ethereum(ETH) Drops Below 4,700 USDT with a Narrowed 4.48% Increase in 24 Hours
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