🇦🇪 BIG: Abu Dhabi’s sovereign wealth fund Mubadala Invest | Sultan Trades on Binance Square

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🇦🇪  BIG: Abu Dhabi’s sovereign wealth fund Mubadala Investment holds $534M IBIT, per SEC filings.#MarketTurbulence $BTC 
#Mubadala 

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$FLUX analysis: The price is currently trading within a falling wedge pattern and is respecting both the support and resistance lines. You may consider opening a long position near the support area. A breakout from this falling wedge will determine the next rally. Keep in mind that a falling wedge is a bullish pattern, typically breaking in an upward direction. Support Area: $0.1970-$0.2010 Resistance Area: $0.2240-$0.2280 #flux #FLUX/USDT #MarketPullback

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Ethereum Profit-Taking Spikes On August 16, realized profits surged to $575M — the largest profit-taking event of this cycle so far. This highlights a clear trend of long-term ETH holders reducing exposure and locking in gains as the market tests key all-time high resistance zones. #eth #Ethereum $ETH

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$XRP analysis: Price is trading in symmetric triangle and respecting the support and resistance lines. You can open long position around $2.80-$2.90 area with tight stop loss. A break of this triangle will push the price towards all-time high resistance of $3.55-$3.70 area. #xrp #Repple #MarketPullback #AltcoinSeasonLoading

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$DOGE analysis: Price is tested the support area and and holding this level. You can open long position at the support area. DOGE is lagging in this bull run and we may see a big rally anytime. Support Area: $0.210-$0.215 #doge #Dogecoin‬⁩ #FOMCMinutes #PowellWatch

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Bitcoin closed the candle below the $115,000 level and dropped sharply from there. The price reached the $112,600 support area and is holding above it. BTC needs to maintain above $112,000; otherwise, we may see further declines. #bitcoin #btc #CryptoIntegration $BTC

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