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#AltcoinSeasonLoading #Congratulationsšš Altcoin Holders. We're about to make a lot of moneyā
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$WIF , $OM , and $KAITO Just Went Full Beast Modeāšš #WIF is barking loud at +17.7%, #OM just melted faces with +28%, and #KAITO is moonwalking through resistance levelsā If youāre still waiting on the sidelinesā¦ the rocketās already halfway to Mars strap in or wave from Earth!
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šØš±ā”ļøĀ Biggest Wipe Out Since 2021: 190,000 Traders Liquidated as BTC Hits $100,000 ā¼ļøDONT MISS ā¼ļø Bitcoin surged past $100,000, triggering $970 million in liquidations, mostly from short positions the biggest wipeout since 2021. Traders rapidly shifted to long positions, raising risks of a $2 billion+ long squeeze if Bitcoin drops below $100,000. Futures Open Interest hit a record $67.4 billion, signaling high leverage optimism but also increasing the chance of a market correction. āļø Quick Take:Ā Historically, every time Bitcoinās OI has surpassed $65 billion, a market correction has followed shortly after. Bitcoin is now making headlines not just for surpassing $100,000, but also for its rising influence in global finance. At one point, Bitcoin even surpassed Amazon to become the fifth largest asset in the world, with a market capitalization of $2.05 trillion. Meanwhile, Standard Chartered predicts Bitcoin could soon break its all time high and reach $120,000 in Q2. $BTC
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Ethereum (ETH) is exhibiting strong bullish momentum today, with the price currently around $2,411.77. This surge follows a significant 20% increase in the past 24 hours, marking the largest single-day gain this year. The rally is fueled by over $265 million in short liquidations and a 184% spike in futures volume, indicating robust buying interest and potential for further upside. š Intraday Trading Strategy (May 10, 2025) Current Price: ~$2,411.77 Trend: Strongly Bullish Entry Point Pullback Entry: Consider entering around $2,350ā$2,370 if the price retraces to this support zone. Breakout Entry: Alternatively, a breakout above $2,450 could signal continuation of the uptrend. š¹ Stop-Loss (SL) Pullback Entry SL: Place a stop-loss below $2,300 to manage risk in case of a deeper correction. Breakout Entry SL: For breakout entries, a stop-loss around $2,400 can help protect against false breakouts. Take-Profit (TP) Targets TP1: $2,500 ā aligns with the next significant resistance level. TP2: $2,550 ā potential extension if bullish momentum persists. Risk-Reward Ratio: Aiming for a minimum of 2:1 to ensure favorable trade dynamics. $ETH
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