〽️$BTC has not yet decided on life and is in a sideways direction. Some violas are green, some are red. I think this week could be interesting, especially if we hear a decision to launch ETH-ETF. The minimum BTC for 24 hours is $68,300, the maximum is $69,438. The market cap is $1.35 trillion, while the trading volume was $17.18 lard.
🪙$BTC is trading around $68,490 🔷$ETH fluctuates around - $3,907 📈JASMY showed the most growth in a day – JASMY +26.49% 📉The biggest drop was CORE -7.01%
📊Indicators: 😨Fear and greed index - 74 💲Altseason index - 35 📈Long/Short ratio - 52/48 💰Crypto market capitalization - $2.50 trillion. 👑Bitcoin dominance - 53.92%
♻️Last week closed normally, which may indicate the potential for continued growth. However, the index of fear and greed is at a very high level, which may prompt some gambling addicts to lose money.
📈Weakening expectations of ludiks regarding the September reduction in the Fed casino rate affected consumer demand for Bitcoin. The probability that the Fed rate will remain the same in September increased from 35.2% to 50.2%.
Anonymous co-founder of Friend. tech promised to pay $200k to anyone who could figure out how to transfer the protocol from the Base network without disaster for users. The FRIEND token crashed by 30%. Shortly after publication, the tweet was deleted along with the author's account.😂
🔮Forecast: BTC was above the 50-day and 200-day EMA, sending bullish signals. A BTC break above the $69k resistance will support the move towards $70k. A breakout of $70K would give bullies a chance to reach the all-time high of $73k. Conversely, a fall below the 50-day EMA would trigger the $64k support level.
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$BTC The asset is gradually regaining its position.
Friends, good morning. BTC is currently gradually showing an upward movement and is actively moving towards the upper border. The movement is weak, without volumes, and we can easily be brought back to the $67269.0 mark, where we have key support.
BTC dominance is at 54.44% and has generally been able to stop the decline. The situation is tense and Viola feels weak, although she is trying in every possible way to break the correlation. ETH dominance is at 18.19%, but Ether is still correlated with BTC.
Today I wouldn't expect any movement in the market unless it's after 3am. Have a nice weekend everyone 🔥
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Friends, good afternoon. Today I decided to open a long position on the C98 asset. On the chart we can see that the asset has entered a strong support area at $0.24182, from which it has already received a positive reaction and is preparing for further movement ✔️
We are moving as part of a sideways movement in a horizontal range and I expect the asset to move to the upper limit of the accumulation range, and in an ideal scenario, the subsequent breakdown of the asset into a long position with access to the near-high level (local).
I see movement potential from 10% to 50%. I enter the working volume with 20 leverage. A stop can be placed beyond the level of $0.23665 (to protect yourself from a squeeze). Have a nice weekend and good mood everyone
DYOR!
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Friends, good morning. ETH no longer reacted to the news, since there was a strong growth before the news itself, which completely laid down this event. The auction itself will begin in a couple of weeks. ETH dominance is at 18.12% and at the moment the fate of the asset is unknown.
For $BTC the situation is a little more interesting. The asset quietly decided to adjust. Some associate this with the events in Taiwan, others with the flow of liquidity into the airwaves, but everything is much simpler - the law of supply and demand.
BTC dominance of 54.3% has not corrected much. Alta as a whole is standing still as it is not receiving any liquidity. The market needs to digest the events that have occurred. We continue to watch.
$APT USDT The graph looks beautiful. I am waiting for the 4h imb test, which will be an area of interest for me, in which I will look for long positions, with the aim of removing liquidity above. DYOR
🔹$ETH for $5000 already this month? Today they have to make a decision on ETF on Ether 📈 If they accept, then we fly further up, I hope my $ALT and $STRK will also rise 📉 If they do NOT accept, then we are waiting for the stick to go down So, very interesting days await us, I do not advise you to climb into futures now, they can shave in either direction Have a nice day everyone! 👍 #sec #etf #altcoins❗️ #AltcoinBoom!
Friends, good morning. $BTC has currently retreated slightly within a descending triangle. Today, the US Securities and Exchange Commission (SEC) is set to make a decision on the $ETH spot ETF. The market is preparing for this decision.
I don’t see any strong pressure from the seller and so far everything is fine. Let me remind you that I have a long position on ether and if the spot ETF is rejected, I will immediately exit their positions, since ether will fly into the abyss, as will probably all alt.
The decision will be closer to evening, but we don’t have an exact time, so we can only wait. I will immediately inform you of the decision as soon as it comes out. Have a nice day everyone.
Naturally, we did not have enough strength to break through the $70,000 level and we retreated a little, including in order to unload the indicator values that had entered the overbought area. Today is Pizza Day - the day when one guy from the USA bought two pizzas for 10,000 Bitcoins.
BTC dominance is already 54.5%, which is good news, since ETH moves independently and develops its own movement and was able to maintain its position. A decision on spot ETH ETFs should be made tomorrow.
There should be a lot of volatility in the market tomorrow depending on the SEC's decision. Be carefull. I am long ETH, which is currently at 0. Have a nice day everyone. #Bitcoin #binance #etf #sec #Web3
〽️BTC started Wednesday sideways. The BTC minimum for the day was $69,191, the maximum was $71,426. The BTC market cap fell by 1.83% to $1.37 trillion, followed by a drop in trading volume by 18.43% to $40.73 billion. Meme coin PEPE in the top growth, this is not surprising.
🪙$BTC is trading around $70,032 🔷$ETH fluctuates around - $3,770 📈The most growth in a day was shown by $PEPE +23.47% 📉The biggest drop was shown by BEAM-7.95%
📊Indicators: 😨Fear and greed index - 76 💲Altseason index - 37 📈Long/Short ratio - 47/53 💰Crypto market capitalization - $2.53 trillion. 👑Bitcoin dominance - 54.46%
🔹Everyone wants approval, scufs from SEC ETH-ETF. Already 5 asset management companies have amended their applications to launch Ethereum-ETF. The deadline for the VanEck ETH-ETF is Thursday (May 23).
❗️There is information that the decision to speed up the approval process for ETH-ETF may have more political motives than the awakened adequacy of the SEC. Remember - last week the SEC was completely unwilling to even talk to the issuers of the Ethereum ETF, and now they suddenly decided to approve it.
📰News: ▫️BTC received the correction that “we needed” and now it “can continue its upward macrotrend,” analysts say;
▫️Yesterday, the net inflow into spot BTC-ETFs amounted to +$305.7 million. The inflows have been going on for a week;
▫️Ticker for spot ETH-ETF VanEck has been added to the DTCC website;
▫️The hacker who hacked Gala Games returned $22 million to the project developers;
🔮Forecast: BTC was well above the 50-day and 200-day EMA, confirming the bullish trend. A return of BTC to $71,000 could give the bulls an opportunity to reach the all-time high of $73,808. A break above $73,808 would lead to the $75,000 mark. Conversely, a fall in BTC through the $69,000 support could signal a fall in BTC towards the 50-day EMA and resistance level at $64,000 #Bitcoin #Ethereum #etf #pepe #sec
🦅It recently became known that the SEC approached NASDAQ and CBOE with a request to amend documents on spot $ETH -ETFs. ✅Which may hint that ETFs may actually be approved. 🤑Against the backdrop of such news and pump, on Twitter, cryptans are literally going crazy in hopes of an altseason after the approval of the “Fear and Greed Index” has moved to zone 76 “Extreme Greed”. 💸Liquidations on the market in one day exceeded $330 lyams. A total of 78k poor people rectified. 81% came from short sellers. One of the short sellers on Huobi was liquidated in the ETH/USDT pair, by as much as
#🔹There was a fuss in the market - all the fuss started because of the guys from Bloomberg who changed their shoes and are giving a chance for $ETH -ETF approval from 25% to 75%.
📈Ether soars 24% to $3,800? even rocketing to 24th place among the most capitalized assets in the world, overtaking Mastercard. In connection with this, 90% of $ETH holders are now in profit.
🔼 (SEC USA) asked applicants to file a new Form 19b-4 in an “expedited manner.” Which, in fact, was considered a trend towards approval of the application for ETF-Ethereum by Thursday, May 23 and 24.
🏠Staking may be a change in anticipation of Ethereum-ETF approval. It is staking that creates problems since the SEC can define staked sETH as a security.
✅So the brothers from Fidelity and ARK Invest filed updated S-1 applications for the Ethereum spot ETF without mentioning staking.
🐳In addition, if you consider that the day before this pump, some whales bought 110,000 ETH for $341, and all this was not easy.
🍺You don’t have to be an analyst and focused to technicalANALysis to understand that if approved it will be good (or nothing, because they laid out the positive in advance), but in case of cancellation we will see a good dump along with all the alts. #Ethereum #sec #binance #etf #Web3
$STRK A bullish signal has formed on this altcoin. The completion of the downward movement is confirmed by the realization of the triangle's potential, the final diagonal and absorption. Optimal for purchase. DYOR!!
📉Finally, the decline in seller activity has begun, which can be seen in the activity of short-term BTC holders on the network and in balances on OTC markets.
🐹Short-term holders of $BTC are now at low or negative levels. The Hamsters are already faced with unrealized losses. History tells us that this coincided with a local price bottom.
📉The low profitability of miners can also hint at the bottom of the market. In addition, the poor BTC miners , they are extremely underpaid, and their profitability has dropped to the level of March 2020, when there was Covid.
💰Over the last 30 days, 21,700 BTC were bought through ETFs - 3 times more than the number of new coins mined by miners. Plus, BTC holdings on CEX exchanges have reached a new low since May 2021, which is again a good sign.
🚀Another positive thing is that in May, demand for BTC-ETF is expected from such giants as Apple, Google, Meta, Amazon, NVidia and Microsoft. but this is not certain) We will learn about purchases in August, during the reporting period, but most likely we will notice them earlier. #Bitcoin #sec #binance #BTCETF #bullrun
$BTC Asset fully worked out the scenario. Everything happened as I described yesterday - BTC reached $70,000 and is now trading a little higher. The setup has completely exhausted itself. Now we need to watch the development of events, but I don’t expect it to change, since I’m unlikely to have the strength to pass the density of $72,000. BTC's dominance fell to 55% as Ether decided to soak up liquidity and its dominance rose to 17.3%. There was an overflow of liquidity from BTC to ether, as the growth was based on expectations of the approval of spot $ETH ETFs (the probability is growing every day). At the moment I want to watch the market, but we will probably go into a correction to the lower limit of the range again. I don’t encourage anyone to shorten. Have a nice day everyone.