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BlackRock accumulates $570M in #Ethereum, signalling confidence in blockchain future

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#ScalpingStrategy Here are some effective crypto scalping strategies for high-frequency traders: Top Crypto Scalping Strategies - *Range Trading*: Identify price ranges in the market and buy near support levels, selling near resistance levels to profit from repeated price movements. This strategy works well in sideways markets with no clear trend. - *Stochastic Oscillator Strategy*: Use the Stochastic Oscillator to spot potential trend reversals. Buy when the %K line crosses above the %D line in a bullish market, and sell when the %K line moves below the %D line in a bearish trend. - *Parabolic SAR Indicator Strategy*: Use the Parabolic SAR indicator to identify trends and potential reversals. Take long positions when the price stays above the SAR dots and short positions when it moves below. - *Moving Average Strategy*: Analyze price movements using short-term and long-term Moving Averages (MA). Buy when the short-term MA crosses above the long-term MA, and sell when it drops below. - *Bid-Ask Spread Strategy*: Profit from the small price difference between the bid price and the asking price. Buy at the lowest bid price and sell at the highest ask price. - *Relative Strength Index (RSI) Strategy*: Use the RSI to assess market momentum and identify overbought or oversold conditions. Buy when the RSI falls below 30, and sell when it surpasses 70. - *Moving Average Crossover Strategy*: Identify potential trend changes using two moving averages. Buy when the short-term MA crosses above the long-term MA, and sell when it moves below.¹ Key Considerations - *Liquidity*: Focus on cryptocurrencies with high liquidity to ensure quick entry and exit. - *Volatility*: Develop strategies to capitalize on price swings, such as day trading or swing trading. - *Risk Management*: Set stop-loss orders, diversify your portfolio, and manage emotions to minimize losses. - *Time Commitment*: Choose strategies that fit your time commitment, whether it's day trading, swing trading, or position trading. l

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Ethereum leverage at all time high as BlackRock ramps up accumulation Ethereum futures open interest hits an all-time high, surpassing $20 billion, driven by leverage and increasing speculative activity. BlackRock’s continued ETH purchases, totaling $163.6 million, signal growing institutional confidence in Ethereum. Analysts are optimistic about Ethereum's potential to break the $2,800 level, with some predicting a rally beyond $3,000 amid rising speculation.

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Bernstein says $200k Bitcoin Target 'high- conviction but conservative' In a note to clients on Monday, Bernstein analysts reiterated their conviction in Bitcoin, maintaining a "high-conviction but conservative price forecast" of $200,000 for this cycle. However, their latest "Digital Assets Memo" highlights a broadening mainstream interest in the financial innovation unleashed by blockchain technology, extending beyond Bitcoin’s "store of value" use case. Bernstein notes that while many investors differentiate between "blockchain (useful tech) and crypto (‘useless’)," this distinction is becoming blurred. The analysts point to stablecoins and tokenization-driven financial applications being built on public blockchain networks like Ethereum, which enjoys "maximum market share." They argue that if "real companies and institutional investors are innovating on the blockchain, doesn’t that make blockchain networks, and by implication, blockchain network assets (e.g ETH) valuable?" The report highlights that the crypto market cycle began with the institutionalization of Bitcoin, exemplified by the successful launch of spot Bitcoin ETFs, which now manage approximately $120 billion in assets. More recently, the launch of Ethereum ETFs has seen assets under management reach around $9 billion, with ETH ETF inflows totaling $815 million in the last 20 days. Bernstein emphasizes Ethereum’s uniqueness as a "decentralised computer," making it native to interesting blockchain use-cases such as stablecoins and tokenization. They add that financial activity on the blockchain is evolving from "retail trading memes, to blockchains providing open-financial rails for capital markets, payments and new-age fintechs." The analysts conclude that the "narrative around value accrual of public blockchain networks is at a critical inflection point," reflected in growing investor interest in ETH ETF inflows.

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