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ETH
must hold $2,700 to avoid a deeper correction, a drop below could trigger over $1B in leveraged long liquidations.
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BTC UPDATES!!! At the time of this post BTC is currently trading at $109105.8 and still holding bullish market structure. Bitcoin CME futures opens at $109640 forming a gap-up of 1.4% from Friday's close at $108125. In terms of Auction process and volume analysis, the bulls are able to break daily range VAH showing potential upside move for the rest of the week. My outlook is pullback to fill the gap as well as a retest of the VAH as support. A bullish entry confirmation around the zone will be my next long trade on BTC and target will be the 1.618 fib extension sitting around 112K ish. #BTC突破7万大关 #SpotVSFuturesStrategy #TrumpVsMusk #DayTradingStrategy
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BTC.D UPDATE!! If this plays out we shall have a strong alt season. I can bet you start looking for your believe alts. The earlier the best, you don’t wait till the market starts pumping you start buying before the market start moving. #DayTradingStrategy #BTCWhaleMovement
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BTC UPDATE Bitcoin is poised to test the 113K resistance over the coming week. It has broken the upper trend line resistance and simply refuses to retrace in any meaningful way. With a continuously weakening dollar and other economic inflationary pressures, it will take a surprise negative catalyst to turn this around at least to the point of testing a high probability trend support on this time frame. Here is the way to play this environment
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On my chart, the updated anticipated scenario(See illustration)points to a retrace back to the 90K area which is NOW a support. Since the broader trend is bullish it is within reason to expect this support to HOLD and NOT break.That means it is an ideal location for high probability swing trade longs UPON confirmation. Watch 93,250 break (see the circle) to confirm price is following the retrace scenario (break of previous candle low)IF this is not broken then the retrace scenario is NOT in play
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📊👀 #ETH IntoTheBlock: ~350k ETH, worth nearly $1 billion, was withdrawn from exchanges yesterday. This is the highest amount of net exchange withdrawals since January 2024. This indicates traders took advantage of the drop to accumulate Ethereum.
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