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📊 Glassnode notes that
#XRPUSDT🚨
investors have been actively realizing gains since early June.
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Wajid5509
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Binance Futures, BingX Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures #BCHUSD Take-Profit target 1 ✅ Profit: 288.75% 📈 Period: 2 Hours 52 Minutes ⏰
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$BTC Profits Exceed $650B, But Momentum Is Weakening According to the latest Glassnode report , $BTC realized profits in the current cycle have already exceeded $650B, more than the entire 2020-2022 period ($550B). However, as the third wave of profit taking ends, activity is declining and capital rotation is waning. This may indicate a slowdown in market momentum.
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VIP MARKET UPDATE: $XRP ➖➖➖➖➖➖➖ $XRP is currently trading within a descending triangle pattern and is attempting to hold above the horizontal support level. A breakdown followed by a retest of the triangle would confirm a bearish move, while a bounce from support and a breakout above the triangle would signal a bullish confirmation. ➖➖➖➖➖➖➖
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VIP MARKET UPDATE: $BTC DOMINANCE ➖➖➖➖➖➖➖ $BTC .D is slowly rising after bouncing from the horizontal support on the 2W timeframe, which explains the slow momentum in altcoins. A clear signal for an altcoin rally would be a breakdown and retest of the trendline support, as $BTC .D typically moves inversely to the altcoin market cap. #SwingTradingStrategy #XSuperApp ➖➖➖➖➖➖➖ wajid
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🔥 BULLISH: Mexico’s third-richest man, Ricardo Salinas Pliego, has increased his Bitcoin allocation to 70% of his portfolio. $BTC
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