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Justin Sun announced that 100% of SunPerp revenues will be used to buy back
$SUN
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Looks like everyone wants a piece of@HyperliquidX’s profits!
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🚨FED PRES: NO MORE CUTS COMING! Atlanta Fed President Raphael Bostic expects no further rate cuts this year after the September rate cut.
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MicroStrategy acquires 850 #BTC worth around $99.7 million 🔹 Average purchase price: $117,344 per coin 🔥 In the same context, Tom Lee’s Bitmine announced the purchase of 264,378 ETH just last week 🔹 According to the press release: Bitmine now holds more than 2% of the Ethereum supply Massive moves reflecting growing institutional confidence in the crypto market.
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Bitcoin Dominance just completed a confirmed breakout of an Inverse H&S. This is a bottom pattern.
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$ETH dropped to $4,000 overnight and while $4k is the top of major support, will Ethereum stop there? There is a smaller time frame H&S that just broke down. The target for it would be lower than $4k. imo $3500-$3800 seems like it has a fair chance of happening in the near term. Long term, still bullish on ETH breaking new ATHs.
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Don’t Get Shaken Out👇 25bps rate cut, as expected Volatility spikes Classic sell the news “We’re so back” → “It’s so over” <=========WE ARE HERE September bleeds out October reversal Q4 turns mega bullish More rate cuts Equities pump, crypto follows Altcoins melt faces #MarketAlwayscomeback #MarketPullback
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