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📈 The number of addresses holding more than 100
BTC
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# TOTAL MARKET CAP ANALYSIS The total cryptocurrency market cap is recovering from the horizontal demand zone of a descending triangle pattern but is encountering resistance at the trendline. The Ichimoku Cloud is acting as a resistance barrier above the current price action. A decisive breakout through both the pattern and the cloud will confirm a bullish trend. Keep an eye on this development.
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Here's the analysis of $MKR : $MKR is forming a series of lower highs and lower lows. Recently, the price broke below a large channel/flag pattern, indicating a bearish breakout. The price has the potential to move lower toward the major support zone between $981 and $1015. Buying looks promising in that area, but until then, shorting is a better strategy.
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$BONK Neckline Retest – Bulls Poised to Rebound👀 The token is currently encountering the broken neckline of the inverse head and shoulders pattern on the daily timeframe🔥 If the pattern completes and the neckline holds, there is a 100% upside potential🚀 Target levels: $0.000024 → $0.000030 → $0.000037 → $0.000041 → $0.000052🎯
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$DOT Falling Wedge Is About to Break Out 🔥 The upper resistance for $DOT has been tested three times in the past five weeks, with each test showing less strength than the previous one 🧐 Selling pressure is decreasing as volume builds up—smart money is making significant moves 📊 A breakout above $6.80 could lead to a rise toward the following targets: 🎯 $4.54 🎯 $5.40 🎯 $6.50 🎯 $7.60
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Welcome to #Altseason 💁♂️ 📉 BTC dominance has recently fallen below a crucial level on the monthly timeframe. This is a structural signal we've been anticipating, one that historically indicates the beginning of capital moving out of Bitcoin and into altcoins. What can we expect next? 🧐 A sharp decline in BTC dominance 📉 Capital flowing into high-cap and mid-cap altcoins 💎 Explosive rallies across the board 🚀 Altcoins are set to outperform significantly in 3... 2... 1...
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