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afridi Square-Creator-66a5618addf9524ea6cd
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afridi Square-Creator-66a5618addf9524ea6cd
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hurry up buy BTC long position ... slightly downward tomorrow at night then go up $BTC #BTCBreaksATH110K
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#CryptoRegulation BUT… WHY IS THIS HAPPENING? The market didn’t just collapse overnight. Here’s what’s really behind the recent crypto meltdown: 1. Profit-Taking at Resistance BTC hit $105K — a major technical ceiling. Traders cashed out, triggering a wave of liquidations. 2. Inflation Concerns With CPI data incoming, fears of sticky inflation are rising. The result? Worries the Fed will delay rate cuts.
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#CryptoRoundTableRemarks The US Treasury is holding a closed-door meeting with major crypto players, signaling a significant shift in digital asset regulation. Potential agenda items include regulatory clarity, adoption, and market stability. This discussion could impact future crypto policies and market direction.
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#CryptoCPIWatch Crypto markets are on edge ahead of the US Consumer Price Index (CPI) data release. Key points: - *Market Volatility*: Bitcoin dropped below $102,000, triggering $730 million in liquidations due to cautious profit-taking. - *CPI Expectations*: A 2.4% annual inflation rate is forecasted for April. A lower reading could boost market optimism, while a higher figure might strengthen the dollar and pressure crypto prices. - *Potential Market Reaction*: Despite the current dip, analysts suggest it could set the stage for a bounce to $102,000. Strong institutional demand persists, with over 157,000 BTC acquired in 2024 alone.
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#ETHCrossed2500 Ethereum has reached a significant milestone by crossing the $2,500 mark, with its current price at around $2,578.49, reflecting a 10.16% increase. The successful implementation of the Pectra upgrade has contributed to this surge, enhancing user experience, staking efficiency and scalability. *Key Factors Driving the Surge:* - *Pectra Upgrade*: Improves staking efficiency, validator operations and scalability for Layer 2 solutions - *Increased Buying Pressure*: Ethereum's exchange reserve dropped by nearly 180,000 ETH in 24 hours, indicating strong demand - *Market Optimism*: Positive macroeconomic news and investor sentiment shift towards cryptocurrencies *Future Price Movement:* - *Resistance Levels*: Breaching $2,620 could confirm a bull phase, targeting $3,500 - *Bullish Momentum*: A firm cross above $2,850 could strengthen upward momentum - *Potential Obstacle*: Investor profit-taking behavior, with $27.8 billion worth of ETH between $2,493-$2,915, might limit the upward trend ¹
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