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Jahanzeb_Suri
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🚨HUGE: $740B has been added to the Total Crypto Market Cap since July 1st.
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Stop loss and position size are closely linked. When you increase your stop loss, it's wise to reduce your position size. Conversely, if you decrease your stop loss, you have the flexibility to increase your position size. Grasping this relationship can help you manage your account more effectively!
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#TOTAL MARKET CAP ANALYSIS The total crypto market cap is rebounding from the horizontal demand zone of a descending triangle pattern but is currently facing rejection at the resistance trendline. The Ichimoku Cloud is acting as a resistance barrier above the price action. A solid breakout of both the pattern and the cloud will confirm a bullish trend. Keep an eye on it.
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🇺🇸 TODAY: The US Commerce Dept has published Q2 GDP data on Bitcoin, Ethereum, Solana, TRON, Stellar, Avalanche, Arbitrum, Polygon & Optimism, with distribution via Pyth and Chainlink.
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🇺🇸 JUST IN: Chainlink partners with the US Dept. of Commerce to bring official macroeconomic data onchain.
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🚨 NEW: Goldman Sachs leads institutional Ethereum ETF holdings with $721M exposure, followed by Jane Street at $190M and Millennium at $186M according to 13F filings.
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