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#KAITO/USDT Buy Setup
KAITO
is consolidating within a descending channel and is currently rebounding.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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KAITO
1.134
-2.47%
59
0
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# USDT Dominance Analysis USDT Dominance is consolidating within a descending triangle pattern and is currently positioned above the horizontal demand zone. The Ichimoku Cloud is serving as a resistance barrier above the price action. A decisive breakout or breakdown from this pattern is necessary to determine the next directional move. Given the inverse relationship between USDT Dominance and the broader crypto market, a breakdown could indicate increasing bullish momentum across the crypto space.
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Since the start of the year, BTC's volatility has been steadily decreasing, while ETH's volatility has been on the rise. The volatility gap between these two assets has reached a six-year high. According to Bloomberg, this is another reason why traders currently prefer ETH over BTC.
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Here's the analysis of $ALPINE : $ALPINE is currently experiencing a retracement phase following its recent sharp highs. A key support level is nearby and is expected to be retested around $1.63 to $1.69. Consider going long once the price reaches this area or approaches the trendline support.
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🔥 LATEST: $2.2 billion in short positions will be liquidated if $ETH reaches $5,000.
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It was indeed a glitch. $ETH remains the king of #RWA 🤴 $ZK holds the second place 💪
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