On my chart, the updated anticipated scenario(See illustration)points to a retrace back to the 90K area which is NOW a support. Since the broader trend is bullish it is within reason to expect this support to HOLD and NOT break.That means it is an ideal location for high probability swing trade longs UPON confirmation. Watch 93,250 break (see the circle) to confirm price is following the retrace scenario (break of previous candle low)IF this is not broken then the retrace scenario is NOT in play
📊👀 #ETH IntoTheBlock: ~350k ETH, worth nearly $1 billion, was withdrawn from exchanges yesterday. This is the highest amount of net exchange withdrawals since January 2024.
This indicates traders took advantage of the drop to accumulate Ethereum.
🇺🇸👀 A bill to regulate the #stablecoin market has been introduced in the US Senate report Fox News. The bill will be discussed at a press conference with David Sachs today.
The Trump administration plans to appoint about 24 CEOs and founders to its proposed crypto advisory council to provide guidance on digital asset policy and work with Congress to draft cryptocurrency legislation. The council also plans to build a strategic Bitcoin reserve. It will also work with key government agencies, including the SEC, CFTC, and Treasury, to promote regulatory clarity and promote a pro-crypto environment.