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📢 Over $500 million in longs were liquidated in just 12 hours
$BTC
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🔸 $DOGE had its rally — now it's cooling off. 💥 It just got rejected at the downtrend resistance we flagged earlier. 🎯 A retest of that trendline is possible, but I’m not expecting a bullish breakout anytime soon.
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🚨 Yep, that’s how quickly #Bitcoin dominance can swing! 🔥 After a sharp bungee-drop, $BTC dominance is now snapping back into its parallel uptrend channel. I’m still eyeing a move toward $125K–$128K for #BTC 💥 The recent altcoin dump? Think of it as a controlled demolition before breakout (CDB) 🎯 From here, I expect a short-term bounce in alts alongside BTC’s push — but after that, I’m preparing for a strong correction across the board.
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🔻 Bitcoin ETFs Fall for 3rd Straight Day as $BTC Struggles Below $120K 🚨 Bitcoin #ETFs continued their slide, posting a third day of losses amid waning momentum in #BTC price action. On July 23, U.S.-listed Bitcoin ETFs recorded $86 million in net outflows, extending a cumulative $285 million exodus over three days. Fidelity’s FBTC led the decline with $227M in withdrawals, while BlackRock’s IBIT remained a lone bright spot with $142.6M in inflows. 💲 Meanwhile, #bitcoin trades near $117,745, about 4.3% below its all-time high, with sideways price action sparking debate about whether the recent bull run is pausing or ending. Analysts like Rekt Capital argue BTC is merely in a consolidation phase, retesting key support levels before potentially resuming its uptrend. ❗ In contrast, #Ethereum ETFs are thriving, logging $331M in inflows on the same day—marking 15 consecutive days of net gains. BlackRock’s ETHA leads the pack, helping spot $ETH funds accumulate over $4.44B in just over a week. However, ETH has dipped 4.2% to $3,540, suggesting the rally may also be cooling.
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📢 Arthur Hayes Eyes $10K $ETH and CryptoPunks as Digital Status Symbols 🔥 📈 Arthur Hayes, former BitMEX CEO and now CIO of Maelstrom, believes #Ethereum is poised to hit $10,000 by year-end, driven by rising institutional adoption and treasury integrations. 🤝 Calling #ETH “the most hated large-cap crypto,” Hayes compares its sentiment to Solana post-FTX — just before $SOL ’s massive rally. With support from voices like Tom Lee, Hayes says the time to act is now: “Buy first, ask questions later.” 🔥 But Hayes isn’t just bullish on ETH. He suggests CryptoPunks #NFT could outperform ETH in value, becoming internet-native status symbols — the digital era’s equivalent of a Rolex or Birkin bag. 📌 After dipping during the bear market, CryptoPunks are rebounding — up 20% this week to a floor price of 48 ETH ($177K). Hayes believes this is just the beginning.
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⚔️ Lmao #pumpfun is getting absolutely cooked by #LetsBONK 🔥 The $BONK Launchpad is now pulling in nearly 4x the daily volume of PumpFun ⚡ Gotta love some healthy competition in the memecoin jungle. Not gonna lie im not a fan of PumpFun’s recent platform policies. Feels like they’re moving away from what made it fun in the first place 🤷♂️
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