BlockFlowCrypto

Is this the new Discord for the crypto age? 🤔 Towns Protocol ($TOWNS) is officially here, and it's a decentralized communication platform built on the Ethereum-Base layer.
This project isn't playing around. Here are some key metrics:
💰 $64M in funding raised from major backers.
🤝 Backed by giants like a16z crypto and Coinbase Ventures.
🚀 Now live on CoinMarketCap and listed on major exchanges like Binance & Coinbase.
The big question: With its impressive funding and strong tech, can Towns win over communities and build a sustainable ecosystem in the crowded Web3 social space? The journey has just begun! 💡
#Crypto #Web3 #TownsProtocol #DeFi #Ethereum #Community #Blockchain

🚨 ETH on the Edge: Will Liquidity Hunt Drive the Next Big Move?
Hey Crypto Fam! 👋 Just dove deep into the charts, and I've got some interesting potential trade setups for Ethereum (ETH) based on its 4-hour chart AND factoring in the Bitcoin (BTC) liquidation heatmap. 🧐
ETH Chart Snapshot (4hr):
📈 Currently hovering around $3,636.
🔑 Key Resistance looming around $3,800-$4,000.
🛡️ Solid Support zone spotted between $3,200-$3,400.
BTC Liquidation Heatmap Insights:
🤯 Significant liquidation clusters on BOTH sides!
⬆️ Upside target around $115k-$118k (Short liquidations).
⬇️ Downside targets below $112k (Long liquidations).
This suggests some potential for volatility as the market might try to hunt these levels!
Possible ETH Trade Scenarios:
Scenario 1: Bullish Breakout 🚀
If BTC starts targeting those juicy upside liquidations, keep an eye on ETH breaking above $3,800. A successful hold could signal a move towards $4,000 (or higher!).
🛡️ Stop-loss below the breakout level is key!
Scenario 2: Bearish Correction 🐻
If BTC struggles at resistance and starts heading south towards liquidation zones, watch for ETH to break below its current support (around $3,600). The $3,200-$3,400 support zone becomes the next target.
🛑 Protect your downside with a stop-loss above your entry!
Scenario 3: Range-Bound Play ↔️
If things get choppy and neither BTC nor ETH shows clear direction, we might see ETH trading within the $3,400-$3,800 range. Could be opportunities for short-term longs at support and shorts at resistance (with tight stop-losses!).
Important Considerations:
ETH often follows BTC's lead, so keep a close eye on Bitcoin's price action!
The significant liquidations on both sides for BTC suggest potential for sharp, sudden moves. Trade with caution and manage your risk!
What are your thoughts?# Let's discuss in the comments! 👇
Remember, this is just my analysis, not financial advice. Always do your own research! #Crypto #ETH #Ethereum #BTC #TechnicalAnalysis #LiquidationHeatmap