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dhrugtest
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dhrugtest

Cryptocurrency and blockchain technology advocate 💸 Making profits💹changing lives📈 X.com/@dhrugtest
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JUST IN: PAKISTAN CENTRAL BANK JUST OFFICIALLY ENDED AN 8-YEAR BAN ON #BITCOIN AND CRYPTO BTC FIRMS CAN NOW LEGALLY SECURE BANK ACCOUNTS WAR ON BTC IS OVER
JUST IN: PAKISTAN CENTRAL BANK JUST OFFICIALLY ENDED AN 8-YEAR BAN ON #BITCOIN AND CRYPTO

BTC FIRMS CAN NOW LEGALLY SECURE BANK ACCOUNTS

WAR ON BTC IS OVER
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Članek
Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows?As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon. Ethereum Weekly Close On Sight On Thursday, Ethereum dropped 1.4% to retest a key area for the second consecutive day. After hitting a 10-month low of $1,747, the King of Altcoins bounced more than 15% to trade between $2,000 and $2,150 over the past few days. However, the second-largest cryptocurrency by market cap failed to hold the crucial $2,000 horizontal barrier on Wednesday and tested the $1,900 mark for the first time in a week. As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon. After attempting to reclaim the key psychological level in the early hours of Thursday, Ethereum was rejected toward the recent lows, briefly falling below it. Analyst Ted Pillows highlighted the importance of ETH’s current zone, as it has previously triggered major moves. To him, if the altcoin fails to reclaim the $2,000 area in the coming days, a full retrace toward the recent lows should be expected soon. Similarly, market observer Crypto Busy noted that the cryptocurrency is currently trading above a major long-term support. According to the post, the recent correction has sent Ethereum toward a three-year rising support line, which “will decide the next big move.” The analyst warned that “If the trendline breaks with strong weekly closes below $1,900, the structure weakens.” Therefore, ETH must hold its current levels in the coming days to avoid a weekly close below this level. Otherwise, its price could drop “into the next liquidity pockets around $1,600 and possibly $1,300, where the next historical support zones exist.” Is ETH’s ‘Real’ Bull Market Two Years Away? A trader shared a potential macro-outlook for Ethereum that suggests the cryptocurrency could still see another major shakeout. My thesis is that the major bullish move that began around 2019–2020 has transitioned into a large and prolonged macro correction, and that Ethereum has been consolidating within this broader corrective structure ever since. He outlined four phases for the macro structure: the pump, the correction, the shakeout, and the moon. The initial phase, which occurred between 2019 and 2021, marked “the true impulsive bullish move,” with strong trend expansion and increasing momentum. According to the market observer, the strong rally that followed the 2022 bear market appears to be a “counter-trend move within a broader corrective range” rather than a renewed bull market and the start of a new long-term cycle. As he explained, ETH’s range-bound behavior signals distribution and consolidation instead of continuation. “From this perspective, the apparent bull market that developed within the correction can be interpreted as a dead cat bounce, a technically strong bounce occurring inside a larger corrective structure,” he affirmed. Therefore, the current macro structure would suggest that a final shakeout phase could “still be required to fully reset sentiment and liquidity before Ethereum can transition into a new impulsive bullish cycle. Based on this, the trader anticipated a final liquidity-driven move to the downside in the coming months, followed by “the moon” phase, potentially next year, when “the structure suggests the conditions for a true long-term bullish continuation, with price discovery and expansion well beyond previous highs.” #CPIWatch

Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows?

As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon.
Ethereum Weekly Close On Sight
On Thursday, Ethereum dropped 1.4% to retest a key area for the second consecutive day. After hitting a 10-month low of $1,747, the King of Altcoins bounced more than 15% to trade between $2,000 and $2,150 over the past few days.
However, the second-largest cryptocurrency by market cap failed to hold the crucial $2,000 horizontal barrier on Wednesday and tested the $1,900 mark for the first time in a week.
As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon.
After attempting to reclaim the key psychological level in the early hours of Thursday, Ethereum was rejected toward the recent lows, briefly falling below it. Analyst Ted Pillows highlighted the importance of ETH’s current zone, as it has previously triggered major moves.
To him, if the altcoin fails to reclaim the $2,000 area in the coming days, a full retrace toward the recent lows should be expected soon. Similarly, market observer Crypto Busy noted that the cryptocurrency is currently trading above a major long-term support.
According to the post, the recent correction has sent Ethereum toward a three-year rising support line, which “will decide the next big move.” The analyst warned that “If the trendline breaks with strong weekly closes below $1,900, the structure weakens.”
Therefore, ETH must hold its current levels in the coming days to avoid a weekly close below this level. Otherwise, its price could drop “into the next liquidity pockets around $1,600 and possibly $1,300, where the next historical support zones exist.”
Is ETH’s ‘Real’ Bull Market Two Years Away?
A trader shared a potential macro-outlook for Ethereum that suggests the cryptocurrency could still see another major shakeout.
My thesis is that the major bullish move that began around 2019–2020 has transitioned into a large and prolonged macro correction, and that Ethereum has been consolidating within this broader corrective structure ever since.
He outlined four phases for the macro structure: the pump, the correction, the shakeout, and the moon. The initial phase, which occurred between 2019 and 2021, marked “the true impulsive bullish move,” with strong trend expansion and increasing momentum.
According to the market observer, the strong rally that followed the 2022 bear market appears to be a “counter-trend move within a broader corrective range” rather than a renewed bull market and the start of a new long-term cycle.
As he explained, ETH’s range-bound behavior signals distribution and consolidation instead of continuation. “From this perspective, the apparent bull market that developed within the correction can be interpreted as a dead cat bounce, a technically strong bounce occurring inside a larger corrective structure,” he affirmed.
Therefore, the current macro structure would suggest that a final shakeout phase could “still be required to fully reset sentiment and liquidity before Ethereum can transition into a new impulsive bullish cycle.
Based on this, the trader anticipated a final liquidity-driven move to the downside in the coming months, followed by “the moon” phase, potentially next year, when “the structure suggests the conditions for a true long-term bullish continuation, with price discovery and expansion well beyond previous highs.”
#CPIWatch
LEGENDS CELEBRATING THE FIRST BITCOIN HALVING 14 YEARS AGO. $BTC PRICE: $12.
LEGENDS CELEBRATING THE FIRST BITCOIN HALVING 14 YEARS AGO.
$BTC PRICE: $12.
BITCOIN IS COPYING GOLD'S CHART PERFECTLY. And $XAUT just exploded to new highs. > Long consolidation. > Fake breakdowns. > Sentiment destroyed. > Then violent breakout. Bitcoin is at the final stage right now. Bears confident. Bulls exhausted. Price looks completely dead. That's the signal. They laughed at $10K. They laughed at $100K. They'll laugh at $500K too. Until the chart forces them to stop.
BITCOIN IS COPYING GOLD'S CHART PERFECTLY.

And $XAUT just exploded to new highs.

> Long consolidation.
> Fake breakdowns.
> Sentiment destroyed.
> Then violent breakout.

Bitcoin is at the final stage right now.

Bears confident. Bulls exhausted.
Price looks completely dead.

That's the signal.
They laughed at $10K. They laughed at $100K.

They'll laugh at $500K too.
Until the chart forces them to stop.
Preverjen
⚡️SPACEX BECOMES BINANCE’S NO. 2 MOST-TRADED PRODUCT Binance recorded $5.6 BILLION n in SpaceX perpetual volume in 24 hours and over $9 BILLION across the pre-IPO and Nasdaq listing period. The exchange captured over 60% of volume across CEX and DEX venues, while leading SPCX/USDT open interest at $167.2 MILLION. Binance also processed 14.74 million SPCX futures trades, nearly 9 times OKX’s 1.69 million, per Coinglass.
⚡️SPACEX BECOMES BINANCE’S NO. 2 MOST-TRADED PRODUCT

Binance recorded $5.6 BILLION n in SpaceX perpetual volume in 24 hours and over $9 BILLION across the pre-IPO and Nasdaq listing period.

The exchange captured over 60% of volume across CEX and DEX venues, while leading SPCX/USDT open interest at $167.2 MILLION.

Binance also processed 14.74 million SPCX futures trades, nearly 9 times OKX’s 1.69 million, per Coinglass.
Preverjen
Elon Musk just became the world’s first trillionaire. Roughly 3.5% of U.S. GDP. His SpaceX stake alone is worth roughly $866B. That is larger than the entire net worth of almost every billionaire on Earth. If Musk were a public company, he would rank the 13th-largest company
Elon Musk just became the world’s first trillionaire.

Roughly 3.5% of U.S. GDP.

His SpaceX stake alone is worth roughly $866B.

That is larger than the entire net worth of almost every billionaire on Earth.

If Musk were a public company, he would rank the 13th-largest company
Preverjen
SpaceX $SPCX just became a $2T+ public company and the 6th largest company in the world on day one of trading. Now there is already a 2x daily leveraged ETF coming under #SPCH Wild times for sure.
SpaceX $SPCX just became a $2T+ public company and the 6th largest company in the world on day one of trading.

Now there is already a 2x daily leveraged ETF coming under #SPCH

Wild times for sure.
Preverjen
⚠️ALERT: JAPAN COULD SEND BITCOIN LOWER AGAIN NEXT WEEK The Bank of Japan is set to raise rates to 1% next week, the HIGHEST level since 1995. History shows Bitcoin has fallen after every BOJ hike since 2024. ALL of the last four hikes, BTC dropped roughly 20%-30%. The July 2024 hike alone crashed BTC from $65K to $49K in 48 hrs. WILL IT HAPPEN AGAIN? 🤔
⚠️ALERT: JAPAN COULD SEND BITCOIN LOWER AGAIN NEXT WEEK

The Bank of Japan is set to raise rates to 1% next week, the HIGHEST level since 1995.

History shows Bitcoin has fallen after every BOJ hike since 2024.

ALL of the last four hikes, BTC dropped roughly 20%-30%.

The July 2024 hike alone crashed BTC from $65K to $49K in 48 hrs.

WILL IT HAPPEN AGAIN? 🤔
Preverjen
🚨JAPAN JUST OFFICIALLY ACCEPTED CRYPTO AS A MAINSTREAM FINANCIAL ASSET The world’s 4th largest economy will treat crypto like stocks, with taxes on assets like BTC and ETH to fall from 55% to 20% by 2028.
🚨JAPAN JUST OFFICIALLY ACCEPTED CRYPTO AS A MAINSTREAM FINANCIAL ASSET

The world’s 4th largest economy will treat crypto like stocks, with taxes on assets like BTC and ETH to fall from 55% to 20% by 2028.
Nepreverjena vsebina
BITCOIN JUST TRADED DOWN TO $60K AS EVERYTHING BREAKS SIMULTANEOUSLY. Realized losses accelerating. Institutional demand vanishing. Options pricing maximum risk. Every single pillar of the bull case is cracking at once. $60K was supposed to be impossible. Now it is the price. But here is what $60K also represents. The Power Law floor. The extreme undervaluation zone. The level where every previous cycle found its footing. The pain is real. The capitulation is historic. The flush is violent. And violent flushes in Bitcoin have only ever had one outcome. The floor is being built right now. In the most painful way possible. As it always has been..
BITCOIN JUST TRADED DOWN TO $60K AS EVERYTHING BREAKS SIMULTANEOUSLY.

Realized losses accelerating.
Institutional demand vanishing.
Options pricing maximum risk.

Every single pillar of the bull case is cracking at once.

$60K was supposed to be impossible.
Now it is the price.

But here is what $60K also represents.

The Power Law floor.
The extreme undervaluation zone.
The level where every previous cycle found its footing.

The pain is real.
The capitulation is historic.
The flush is violent.

And violent flushes in Bitcoin have only ever had one outcome.

The floor is being built right now.
In the most painful way possible.

As it always has been..
Preverjen
Japan is set to pass new crypto laws that regulate digital assets like stocks. The plan is to lower crypto taxes, set clearer trading rules, and open the door to new products like crypto ETFs. Global adoption is happening fast.
Japan is set to pass new crypto laws that regulate digital assets like stocks.

The plan is to lower crypto taxes, set clearer trading rules, and open the door to new products like crypto ETFs.

Global adoption is happening fast.
Preverjen
🚨 UPDATE: Ethereum is just 5M wallets away from hitting 200M non-empty addresses, now boasting 230% more holders than BTC despite bearish sentiment, per Santiment.
🚨 UPDATE: Ethereum is just 5M wallets away from hitting 200M non-empty addresses, now boasting 230% more holders than BTC despite bearish sentiment, per Santiment.
$BTC Order Books FINALLY seeing an imbalance in OBs above! Feels like we haven't seen this is weeks. Aggregate Spot OB pressure above suggest there is actually interest in selling. Upside potential is greater. 🧲
$BTC Order Books

FINALLY seeing an imbalance in OBs above!

Feels like we haven't seen this is weeks.

Aggregate Spot OB pressure above suggest there is actually interest in selling.

Upside potential is greater. 🧲
Nepreverjena vsebina
Bitcoin Rainbow Price Chart Indicator falls below “Fire sale” level Looks like it’s time to add another color.
Bitcoin Rainbow Price Chart Indicator falls below “Fire sale” level

Looks like it’s time to add another color.
Preverjen
BINANCE CEO YI HE SAID #BITCOIN WILL "REPLACE AND SURPASS GOLD" "IT'S ONLY A MATTER OF TIME" $32 TRILLION $BTC IT'S COMING 🚀
BINANCE CEO YI HE SAID #BITCOIN WILL "REPLACE AND SURPASS GOLD"

"IT'S ONLY A MATTER OF TIME"

$32 TRILLION $BTC IT'S COMING 🚀
$ETH / USD - Update Relief wave up then another leg down IMO. We had a 5 wave up from the lows so a new leg down for the ABC correction makes sense.
$ETH / USD - Update

Relief wave up then another leg down IMO. We had a 5 wave up from the lows so a new leg down for the ABC correction makes sense.
$BTC Liquidation Map Early and late longs back on the menu Heaviest concentrations are: 61.1k and 62.4k. Think these levels get hit?
$BTC Liquidation Map

Early and late longs back on the menu

Heaviest concentrations are: 61.1k and 62.4k.

Think these levels get hit?
As expected, buyers stepped in around $60,000 BTC , but for us to say that buyers have truly gained strength, Bitcoin first needs to break the $64,500 resistance and then the $64,500 resistance. If it can hold above these levels, we will monitor the $74,000–$75,000 resistance zone next. However, as long as there is no sustained move above the previous high of $74,569, the possibility of further downside still remains. In the event of a deeper correction, we will continue to watch the $60,000 level closely. This support must hold. Otherwise, the decline could deepen further, with price potentially falling toward the $55,000–$50,000 support region. If the uptrend continues, we will monitor resistance levels at $74,569, $82,885, $98,000, and $107,000–$109,000. If Bitcoin reaches the $107,000–$109,000 zone, it is expected to act as a major resistance area.
As expected, buyers stepped in around $60,000 BTC , but for us to say that buyers have truly gained strength, Bitcoin first needs to break the $64,500 resistance and then the $64,500 resistance.

If it can hold above these levels, we will monitor the $74,000–$75,000 resistance zone next.

However, as long as there is no sustained move above the previous high of $74,569, the possibility of further downside still remains.

In the event of a deeper correction, we will continue to watch the $60,000 level closely. This support must hold. Otherwise, the decline could deepen further, with price potentially falling toward the $55,000–$50,000 support region.

If the uptrend continues, we will monitor resistance levels at $74,569, $82,885, $98,000, and $107,000–$109,000. If Bitcoin reaches the $107,000–$109,000 zone, it is expected to act as a major resistance area.
Preverjen
BITCOIN IS FOLLOWING GOLD'S PRE-BREAKOUT PLAYBOOK. SAME STRUCTURE. SAME SHAKEOUT. LAST TIME $XAUT WENT PARABOLIC. NOW IT'S BITCOIN'S TURN.
BITCOIN IS FOLLOWING GOLD'S PRE-BREAKOUT PLAYBOOK.

SAME STRUCTURE. SAME SHAKEOUT.

LAST TIME $XAUT WENT PARABOLIC.

NOW IT'S BITCOIN'S TURN.
🚨🇯🇵 Japan’s stock market is exploding into smithereens: Nikkei plunged 4.2%!!! ¥48.3T (that's equivalent to $335B), wiped out in a single day Japanese tech giants like Tokyo Electron, SoftBank, and Advantest were absolutely crushed. Talk about a correction after a massive run.
🚨🇯🇵 Japan’s stock market is exploding into smithereens: Nikkei plunged 4.2%!!!

¥48.3T (that's equivalent to $335B), wiped out in a single day

Japanese tech giants like Tokyo Electron, SoftBank, and Advantest were absolutely crushed.

Talk about a correction after a massive run.
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