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Will the price go up if Fed rate cut in September?
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Brutal losses! Abraxas Capital is facing significant setbacks with their two accounts, which are shorting $ETH, $BTC, $SOL, $HYPE, and $SUI as a hedge against their spot holdings, accumulating unrealized losses surpassing $190 million. Notably, their substantial short position of 113,819 $ETH, valued at $483 million, has already incurred losses exceeding $144 million, highlighting the intense financial pressure on their strategy. #foryoupage #NewsAboutCrypto
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$SYS ⏫ BUY : 0.04547-0.04431 👁🗨 Leverage: Cross (10.00X) 📍TARGETS 1) 0.04623 2) 0.04692 3) 0.04772 4) 0.04880 5) 0.05017+ ❌ STOPLOSS: 0.04274
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Market Analysis The market is poised for a dynamic cycle over the coming months. Initially, Ethereum ($ETH) is expected to rally, triggering a mini altcoin season as investor interest spreads. Subsequently, capital is likely to rotate back into Bitcoin ($BTC), potentially pushing its price from $120,000 to over $140,000, while altcoins underperform. Finally, funds may flow back into $ETH and other altcoins, culminating in a speculative blowoff top. This sequence, driven by market sentiment and capital rotation, could unfold over several months, reflecting historical patterns of alternating dominance between Bitcoin and altcoins in bullish market phases. #foryoupage #MarketAnalysis
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BUYING $PHB NOW Fully bottomed, high volume trendline bounce.
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Where are we now? #foryoupage
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