Momentum for $BTC SHORT!!! | SanAndreas on Binance Square

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Momentum for $BTC SHORT!!!

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#TradingTypes101 The gap price so far.. this is so sexy to short but be carefully about FR.. but If you know how to handle this chances for some profit Scalping.. mind of your leverage just because high Volatility..

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$ETH In our previous update, we showed that per the Elliott Wave (EW) Principle, Ethereum (ETH) was completing five waves lower for the red Wave-c (W-c) as part of the large black W-4. See Figure 1 below. In this case, the 4th wave is a running flat where the red W-c failed to go below the red W-a. Besides, from a technical pattern perspective, we also showed Ethereum is most likely forming a Bull flag pattern (black dotted lines). The flagpole was the rally from the 2020 low to the 2021 ATH. The flag is the sideways 4th wave pattern, and a breakout can then target $6000+, assuming last month’s low holds, which we believe it will.

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$USDC Bitcoin is easing lower for a second day as it continues to fall away from the 105.7k 6-month high reached earlier this week. Bitcoin surged through the 100k level last week and holds above this key psychological level, supported by the truce in the US-China trade war and Trump’s trade deals in the Middle East and the UK. Along with other risk assets, BTC has benefited from expectations that the worst-case scenario for trade tariffs has been avoided. Meanwhile, US inflation cooled to its lowest level in 4 years, adding to the buoyant mood, easing fears over the impact of tariffs on the US economy. However, it is still early days and it could take several months for the impact of the Trump administration’s trade policies to show in hard data.

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#EthereumSecurityInitiative The Ethereum Foundation has been recognized as the most secure blockchain in the digital asset ecosystem, a feat achieved through more than ten years of continuous development. From improving user experience in digital wallets to developing tools for developers, Ethereum (ETH) continues to innovate. This latest initiative aims to strengthen security on a global scale, ensuring that Ethereum (ETH) can support the global economy and web3.

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