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Abdul Baset 71

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$BTC is now at 103,814.53 dollars Bitcoin breaks the 100K barrier and confirms its entry into a new upward wave. Staying above 101,500 supports targeting 107,800 then 114,000. BTC/ETH: Clear outperformance for Bitcoin, the ratio targets 53. BTC/SOL: Continued dominance in favor of BTC with weakness in SOL momentum. The rise is supported by high liquidity, and technical indicators remain positive. Any drop below 98,800 will be considered a healthy correction for now.
$BTC is now at 103,814.53 dollars
Bitcoin breaks the 100K barrier and confirms its entry into a new upward wave.
Staying above 101,500 supports targeting 107,800 then 114,000.
BTC/ETH: Clear outperformance for Bitcoin, the ratio targets 53.
BTC/SOL: Continued dominance in favor of BTC with weakness in SOL momentum.
The rise is supported by high liquidity, and technical indicators remain positive.
Any drop below 98,800 will be considered a healthy correction for now.
My Assets Distribution
USDT
BNB
Others
20.92%
14.67%
64.41%
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$BTC $BTC now at 103,814.53 USD Bitcoin breaks the 100K barrier and confirms its entry into a new upward wave. Stability above 101,500 supports targeting 107,800 then 114,000. BTC/ETH: Clear outperformance of Bitcoin, the ratio targets 53. BTC/SOL: Continued dominance in favor of BTC with weakness in SOL momentum. The rise is supported by high liquidity, and technical indicators remain positive. Any drop below 98,800 will be considered a healthy correction for now.
$BTC
$BTC now at 103,814.53 USD
Bitcoin breaks the 100K barrier and confirms its entry into a new upward wave.
Stability above 101,500 supports targeting 107,800 then 114,000.
BTC/ETH: Clear outperformance of Bitcoin, the ratio targets 53.
BTC/SOL: Continued dominance in favor of BTC with weakness in SOL momentum.
The rise is supported by high liquidity, and technical indicators remain positive.
Any drop below 98,800 will be considered a healthy correction for now.
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U.S. National Debt#USNationalDebt The U.S. national debt is the total amount borrowed by the U.S. federal government to cover the budget deficit. This debt includes treasury bonds and other securities sold to domestic and foreign investors. As of July 2024, the U.S. national debt was approximately $35 trillion, equivalent to about 98% of GDP ¹.

U.S. National Debt

#USNationalDebt
The U.S. national debt is the total amount borrowed by the U.S. federal government to cover the budget deficit. This debt includes treasury bonds and other securities sold to domestic and foreign investors. As of July 2024, the U.S. national debt was approximately $35 trillion, equivalent to about 98% of GDP ¹.
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Explore the mix of my investment portfolio. Follow me to see how I invest! The price of PEPE is expected to be around $0.00001027 with previous movements in a range between $0.00001026 and $0.00001033. Historical Data Price of PEPE on June 16, 2025: $0.00001054, which had decreased by -0.47% compared to the previous price. Price on June 15, 2025: $0.00001059, and there was a decrease of -4.68% from the previous day. Trends: The data indicates that the PEPE coin has witnessed multiple fluctuations recently, reflecting pressure from trades and market changes. General Outlook
Explore the mix of my investment portfolio. Follow me to see how I invest!
The price of PEPE is expected to be around $0.00001027 with previous movements in a range between $0.00001026 and $0.00001033.
Historical Data
Price of PEPE on June 16, 2025: $0.00001054, which had decreased by -0.47% compared to the previous price.
Price on June 15, 2025: $0.00001059, and there was a decrease of -4.68% from the previous day.
Trends: The data indicates that the PEPE coin has witnessed multiple fluctuations recently, reflecting pressure from trades and market changes.
General Outlook
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Explore the mix of my investment portfolio. Follow me to see how I invest! 🔹 The concept simply: Swing Trading means: ✅ Opening a position that lasts from several days to weeks ✅ Taking advantage of medium price movements ✅ Focusing on trends instead of momentary fluctuations 🔹 Tools for the swing trader: 📈 Technical analysis 🧠 Psychological discipline 📊 Indicators like RSI, MACD, moving averages 🕒 Good time management (without constant market monitoring) 🔹 Why choose it? ⚖️ Balance between day trading and long-term investing 🕰️ Less pressure than day trading 📉 Greater opportunities than simple holding (HODL)
Explore the mix of my investment portfolio. Follow me to see how I invest!
🔹 The concept simply:
Swing Trading means:
✅ Opening a position that lasts from several days to weeks
✅ Taking advantage of medium price movements
✅ Focusing on trends instead of momentary fluctuations
🔹 Tools for the swing trader:
📈 Technical analysis
🧠 Psychological discipline
📊 Indicators like RSI, MACD, moving averages
🕒 Good time management (without constant market monitoring)
🔹 Why choose it?
⚖️ Balance between day trading and long-term investing
🕰️ Less pressure than day trading
📉 Greater opportunities than simple holding (HODL)
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Explore the mix of my investment portfolio. Follow me to see how I invest!
Explore the mix of my investment portfolio. Follow me to see how I invest!
See original
Explore the mix of my investment portfolio. Follow me to see how I invest!
Explore the mix of my investment portfolio. Follow me to see how I invest!
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$BTC {spot}(BTCUSDT) - Current price: $103,595, down 1.02%, indicating a correction in the recent upward trend. - Candlestick patterns: The chart does not show completely, but if the last candles have long upper shadows, it may indicate strong selling pressure. - General trend: There seems to be a tendency for a correction after a previous rise, and the price may be heading to test nearby support areas. - Potential support levels: Without a complete view of the chart, the next psychological support is usually around $100,000, and there may be technical support at $98,000–99,000. 💡 General recommendations (not financial advice) - For traders: Watch price behavior around the $103,000–100,000 area. If the price shows reversal signals, it could be an opportunity to buy with a close stop loss. - For investors: The long-term upward trend remains intact unless key support is clearly broken. Dollar-cost averaging (DCA) strategies may be effective during corrections. - Important additional analysis: Monitor momentum indicators like RSI or MACD to confirm oversold conditions or the presence of a buying crossover.
$BTC
- Current price: $103,595, down 1.02%, indicating a correction in the recent upward trend.
- Candlestick patterns: The chart does not show completely, but if the last candles have long upper shadows, it may indicate strong selling pressure.
- General trend: There seems to be a tendency for a correction after a previous rise, and the price may be heading to test nearby support areas.
- Potential support levels: Without a complete view of the chart, the next psychological support is usually around $100,000, and there may be technical support at $98,000–99,000.
💡 General recommendations (not financial advice)
- For traders: Watch price behavior around the $103,000–100,000 area. If the price shows reversal signals, it could be an opportunity to buy with a close stop loss.
- For investors: The long-term upward trend remains intact unless key support is clearly broken. Dollar-cost averaging (DCA) strategies may be effective during corrections.
- Important additional analysis: Monitor momentum indicators like RSI or MACD to confirm oversold conditions or the presence of a buying crossover.
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#SwingTradingStrategy 💡 What is Swing Trading Strategy? #SwingTradingStrategy It is one of the most popular trading strategies in financial markets – especially in the world of crypto! 🔹 The concept simply: Swing Trading means: ✅ Opening a position that lasts from several days to weeks ✅ Exploiting medium price movements ✅ Focusing on trends instead of momentary fluctuations 🔹 Tools of the swing trader: 📈 Technical analysis 🧠 Psychological discipline 📊 Indicators like RSI, MACD, moving averages 🕒 Good time management (without constant monitoring of the market) 🔹 Why choose it? ⚖️ Balance between day trading and long-term investing 🕰️ Less pressure than intraday trading 📉 Greater opportunities than simple holding (HODL) 🔹 Where to apply it? Platforms like Binance provide professional tools for swing trading, such as: • Advanced charts • Stop orders • Smart alerts 🚀 If you are looking for a smart way to trade without constantly being in front of the screen…
#SwingTradingStrategy
💡 What is Swing Trading Strategy?
#SwingTradingStrategy It is one of the most popular trading strategies in financial markets – especially in the world of crypto!
🔹 The concept simply:
Swing Trading means:
✅ Opening a position that lasts from several days to weeks
✅ Exploiting medium price movements
✅ Focusing on trends instead of momentary fluctuations
🔹 Tools of the swing trader:
📈 Technical analysis
🧠 Psychological discipline
📊 Indicators like RSI, MACD, moving averages
🕒 Good time management (without constant monitoring of the market)
🔹 Why choose it?
⚖️ Balance between day trading and long-term investing
🕰️ Less pressure than intraday trading
📉 Greater opportunities than simple holding (HODL)
🔹 Where to apply it?
Platforms like Binance provide professional tools for swing trading, such as:
• Advanced charts
• Stop orders
• Smart alerts
🚀 If you are looking for a smart way to trade without constantly being in front of the screen…
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#XSuperApp Everyone laughed at him when Elon Musk bought Twitter and fired many of its employees, causing a huge media uproar, which led everyone to bet on the platform's collapse and its losses, and the result was a name change to X, with wholesale technical changes and freedom of expression opening the door wide to prominence. Elon Musk is not an ordinary person; he is literally the Einstein of his era, and the future of platform X with the new update and upcoming updates will make the platform truly amazing, especially after integrating entertainment, freedom of expression, and digital technology with electronic transfer, payment, and online shopping, which will make X the king of applications as it once was.
#XSuperApp
Everyone laughed at him when Elon Musk bought Twitter and fired many of its employees, causing a huge media uproar, which led everyone to bet on the platform's collapse and its losses,
and the result was a name change to X, with wholesale technical changes and freedom of expression opening the door wide to prominence.
Elon Musk is not an ordinary person; he is literally the Einstein of his era, and the future of platform X with the new update and upcoming updates will make the platform truly amazing, especially after integrating entertainment, freedom of expression, and digital technology with electronic transfer, payment, and online shopping, which will make X the king of applications as it once was.
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$USDC 🚀📈 Coinbase Soars High! The stock rises +16% after major movements in crypto In a move that reflects investors' confidence in the digital market, Coinbase's stock jumped 16.5% within 24 hours, marking one of its largest increases since the beginning of 2025 🔥 🔹 The reason? ✅ The passage of the GENIUS Act by the U.S. Senate to strictly regulate stablecoins, providing confidence to institutions and banks ✅ The launch of payment service through USDC from Coinbase Payments in partnership with major platforms like Shopify, enhancing the practical use of cryptocurrencies in e-commerce 🛒💳 🔍 The market sees that Coinbase is no longer just a trading platform, but has become the "modern crypto bank". 📊 With the rise of institutional adoption of stablecoins, could Coinbase's stock be the next destination for investors? And will we see new institutions entering soon? {spot}(USDCUSDT)
$USDC
🚀📈 Coinbase Soars High! The stock rises +16% after major movements in crypto
In a move that reflects investors' confidence in the digital market,
Coinbase's stock jumped 16.5% within 24 hours, marking one of its largest increases since the beginning of 2025 🔥
🔹 The reason?
✅ The passage of the GENIUS Act by the U.S. Senate to strictly regulate stablecoins, providing confidence to institutions and banks
✅ The launch of payment service through USDC from Coinbase Payments in partnership with major platforms like Shopify, enhancing the practical use of cryptocurrencies in e-commerce 🛒💳
🔍 The market sees that Coinbase is no longer just a trading platform, but has become the "modern crypto bank".
📊 With the rise of institutional adoption of stablecoins, could Coinbase's stock be the next destination for investors? And will we see new institutions entering soon?
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#CryptoStocks Major cryptocurrencies are swinging between highs and lows with evident selling pressure from some large investors, while Ethereum is trying to maintain important support levels amid reports of an increase in the number of active wallets. Stocks related to blockchain technology are showing sharp fluctuations, affected by movements in major cryptocurrencies. Small investors are reacting to these movements, while larger investors are waiting for clearer signals from the market. Global economic news continues to play a crucial role in market trends, with a particular focus on decisions from major central banks. The current volatility creates opportunities for quick traders but carries significant risks for long-term investors. Capital management remains the most important factor in such market conditions.
#CryptoStocks
Major cryptocurrencies are swinging between highs and lows with evident selling pressure from some large investors, while Ethereum is trying to maintain important support levels amid reports of an increase in the number of active wallets. Stocks related to blockchain technology are showing sharp fluctuations, affected by movements in major cryptocurrencies. Small investors are reacting to these movements, while larger investors are waiting for clearer signals from the market. Global economic news continues to play a crucial role in market trends, with a particular focus on decisions from major central banks. The current volatility creates opportunities for quick traders but carries significant risks for long-term investors. Capital management remains the most important factor in such market conditions.
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#GENIUSActPass The U.S. Senate passed the GENIUS Act with a majority of 68 votes to 30, in a historic step that is a first of its kind to regulate the cryptocurrency market. The law includes a comprehensive legal framework covering platforms, stablecoins, and investor protection mechanisms, aiming to legitimize digital transactions and combat illicit financial activities. The law is now awaiting discussion in the House of Representatives for final approval, which could represent a major turning point for crypto in the United States.
#GENIUSActPass
The U.S. Senate passed the GENIUS Act with a majority of 68 votes to 30, in a historic step that is a first of its kind to regulate the cryptocurrency market. The law includes a comprehensive legal framework covering platforms, stablecoins, and investor protection mechanisms, aiming to legitimize digital transactions and combat illicit financial activities. The law is now awaiting discussion in the House of Representatives for final approval, which could represent a major turning point for crypto in the United States.
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#FOMCMeeting #FOMCMeeting Subject: Federal Reserve's Decision on Interest Rates and the Federal Open Market Committee (FOMC) Meeting The news shown in the image refers to a highly significant economic event: the announcement by the U.S. Federal Reserve (the central bank of the United States) regarding its decision on interest rates. This decision typically arises from a meeting of the Federal Open Market Committee (FOMC), which is the main body responsible for monetary policy within the Federal Reserve. What is the Federal Reserve? The Federal Reserve is the central bank of the United States. Its main responsibilities include maintaining price stability, maximizing sustainable employment, and adjusting interest rates to steer the economy. What are interest rates and why are they important? Interest rates are the cost that banks and financial institutions pay to borrow money from the Federal Reserve. These rates directly and indirectly affect: * The cost of borrowing for individuals and businesses: High interest rates make loans (such as home loans, auto loans, business loans) more expensive, which may discourage spending and investment. The opposite is also true. * Economic growth: Lowering interest rates typically stimulates economic growth, while raising them may slow inflation but can also slow growth.
#FOMCMeeting
#FOMCMeeting
Subject: Federal Reserve's Decision on Interest Rates and the Federal Open Market Committee (FOMC) Meeting
The news shown in the image refers to a highly significant economic event: the announcement by the U.S. Federal Reserve (the central bank of the United States) regarding its decision on interest rates. This decision typically arises from a meeting of the Federal Open Market Committee (FOMC), which is the main body responsible for monetary policy within the Federal Reserve.
What is the Federal Reserve?
The Federal Reserve is the central bank of the United States. Its main responsibilities include maintaining price stability, maximizing sustainable employment, and adjusting interest rates to steer the economy.
What are interest rates and why are they important?
Interest rates are the cost that banks and financial institutions pay to borrow money from the Federal Reserve. These rates directly and indirectly affect:
* The cost of borrowing for individuals and businesses: High interest rates make loans (such as home loans, auto loans, business loans) more expensive, which may discourage spending and investment. The opposite is also true.
* Economic growth: Lowering interest rates typically stimulates economic growth, while raising them may slow inflation but can also slow growth.
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$BTC The SEC approves Trump Media's request, paving the way for more Bitcoin purchases The U.S. Securities and Exchange Commission (SEC) has approved Trump Media's request, paving the way for the company to use its capital, amounting to approximately $2.3 billion, to purchase Bitcoin or related assets. While the company has not disclosed the size or timing of its potential investments in Bitcoin, the prospectus confirms that the acquisition will be made as it sees fit, with the possibility of expanding the capital to $12 billion through future stock or debt issuances. The company's shares trade under the symbol DJT on the Nasdaq, and data indicates that about 84.7 million shares from early investors have become eligible for resale, which is equivalent to half of the publicly traded shares. The company's strategy indicates the possibility of purchasing securities linked to Bitcoin or selling Bitcoin later to invest in other assets. This move enhances the financial and technical profile of the Trump group, which also includes the “Truth Social” platform, the “Truth+” streaming service, and the “Truth.fi” brand in the fintech and cryptocurrency space.
$BTC
The SEC approves Trump Media's request, paving the way for more Bitcoin purchases
The U.S. Securities and Exchange Commission (SEC) has approved Trump Media's request, paving the way for the company to use its capital, amounting to approximately $2.3 billion, to purchase Bitcoin or related assets.
While the company has not disclosed the size or timing of its potential investments in Bitcoin, the prospectus confirms that the acquisition will be made as it sees fit, with the possibility of expanding the capital to $12 billion through future stock or debt issuances.
The company's shares trade under the symbol DJT on the Nasdaq, and data indicates that about 84.7 million shares from early investors have become eligible for resale, which is equivalent to half of the publicly traded shares.
The company's strategy indicates the possibility of purchasing securities linked to Bitcoin or selling Bitcoin later to invest in other assets.
This move enhances the financial and technical profile of the Trump group, which also includes the “Truth Social” platform, the “Truth+” streaming service, and the “Truth.fi” brand in the fintech and cryptocurrency space.
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#VietnamCryptoPolicy 1. Current Legal Status The government does not recognize cryptocurrencies as a legal means of payment, and using them for that purpose is punishable by fines of up to 150–200 million dong (~6,000–7,500 USD) or even imprisonment. In contrast, buying and trading cryptocurrencies is allowed and treated as assets or goods. --- 2. Development of the Regulatory Framework The Ministry of Finance and the central bank have been tasked with preparing a comprehensive legal framework to regulate cryptocurrencies and the trading of digital assets, to be presented before or in March 2025. The government plans to launch experimental platforms (sandbox) for trading digital assets within financial centers such as Ho Chi Minh City and Da Nang during 2025. --- 3. Limited Trading Platform Trials Operational testing for cryptocurrency trading platforms is expected to begin in financial centers after 2026, but it requires further study and agreement among government entities. --- 4. National Blockchain Strategy As part of a national blockchain strategy until 2025-2030, Vietnam aims to adopt 20 local brands in blockchain and establish 3 testing centers.
#VietnamCryptoPolicy
1. Current Legal Status
The government does not recognize cryptocurrencies as a legal means of payment, and using them for that purpose is punishable by fines of up to 150–200 million dong (~6,000–7,500 USD) or even imprisonment.
In contrast, buying and trading cryptocurrencies is allowed and treated as assets or goods.
---
2. Development of the Regulatory Framework
The Ministry of Finance and the central bank have been tasked with preparing a comprehensive legal framework to regulate cryptocurrencies and the trading of digital assets, to be presented before or in March 2025.
The government plans to launch experimental platforms (sandbox) for trading digital assets within financial centers such as Ho Chi Minh City and Da Nang during 2025.
---
3. Limited Trading Platform Trials
Operational testing for cryptocurrency trading platforms is expected to begin in financial centers after 2026, but it requires further study and agreement among government entities.
---
4. National Blockchain Strategy
As part of a national blockchain strategy until 2025-2030, Vietnam aims to adopt 20 local brands in blockchain and establish 3 testing centers.
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#MetaplanetBTCPurchase Metaplanet Inc. (listed on the Tokyo Stock Exchange under code 3350) - a Japanese company that holds a treasury of Bitcoin - announced the purchase of an additional 1,112 Bitcoins, bringing its total holdings to 10,000 Bitcoins. The transaction was made at an average price of 15.18 million yen (approximately $105,000) per Bitcoin, totaling 16.88 billion yen ($117 million). The company's average total purchase price was 13.92 million yen ($96,000) per Bitcoin, with a total investment of 139.15 billion yen. The company uses indicators such as "Bitcoin Yield" to measure the effectiveness of its strategy, achieving a yield of 87.2% for the quarter ending June 16, 2025, compared to previous yields of 41.7%, 309.8%, and 95.6%. $BTC
#MetaplanetBTCPurchase
Metaplanet Inc. (listed on the Tokyo Stock Exchange under code 3350) - a Japanese company that holds a treasury of Bitcoin - announced the purchase of an additional 1,112 Bitcoins, bringing its total holdings to 10,000 Bitcoins. The transaction was made at an average price of 15.18 million yen (approximately $105,000) per Bitcoin, totaling 16.88 billion yen ($117 million). The company's average total purchase price was 13.92 million yen ($96,000) per Bitcoin, with a total investment of 139.15 billion yen. The company uses indicators such as "Bitcoin Yield" to measure the effectiveness of its strategy, achieving a yield of 87.2% for the quarter ending June 16, 2025, compared to previous yields of 41.7%, 309.8%, and 95.6%. $BTC
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$BTC $BTC The encryption area was heavily impacted on Friday due to geopolitical effects. BTC dropped directly, approaching the 50-day moving average of 103K again; the brothers who chased the price must have been deceived. It is difficult for a sentimental market to last; we saw a small recovery early yesterday morning after BTC broke 106K, but it dropped again, while Ether returned near 2680. In the evening, unfavorable news came again, and cryptocurrency prices dropped once more, with BTC touching around 104K, and Ether nearing 2480. We see the performance of daily candles, where BTC received support at the middle line of the Bollinger indicator. Let’s closely monitor the pressure at the 11W level, as it also received support at the 250-day average level on the four-hour timeframe. Pay attention to the pressure at the 106500 level in the short term. During the day, we can speculate on BTC in the range of 106500-104200, while we can speculate on
$BTC
$BTC
The encryption area was heavily impacted on Friday due to geopolitical effects. BTC dropped directly, approaching the 50-day moving average of 103K again; the brothers who chased the price must have been deceived. It is difficult for a sentimental market to last; we saw a small recovery early yesterday morning after BTC broke 106K, but it dropped again, while Ether returned near 2680. In the evening, unfavorable news came again, and cryptocurrency prices dropped once more, with BTC touching around 104K, and Ether nearing 2480.
We see the performance of daily candles, where BTC received support at the middle line of the Bollinger indicator. Let’s closely monitor the pressure at the 11W level, as it also received support at the 250-day average level on the four-hour timeframe. Pay attention to the pressure at the 106500 level in the short term.
During the day, we can speculate on BTC in the range of 106500-104200, while we can speculate on
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#TrumpBTCTreasury #TrumpBTCTreasury 📢 | Is Trump starting to plan for Bitcoin in America's vaults? 🇺🇸💰 Imagine the moment Trump returns to the White House and decides to declare Bitcoin a strategic asset for the US Treasury! 🤯 Will we witness a new era that restructures the global financial system? With his increasing pro-cryptocurrency statements and hints that the dollar is "in danger," some see that Trump might use BTC as an economic weapon against inflation and debt. What if that is part of his plan to "Make America Great Again," but this time… on the chain? 🔗🦅 Could Bitcoin become the new gold for the United States under Trump? Markets are watching, and investors are waiting... and you, will you catch the wave or be left behind?
#TrumpBTCTreasury
#TrumpBTCTreasury
📢 | Is Trump starting to plan for Bitcoin in America's vaults? 🇺🇸💰
Imagine the moment Trump returns to the White House and decides to declare Bitcoin a strategic asset for the US Treasury! 🤯
Will we witness a new era that restructures the global financial system?
With his increasing pro-cryptocurrency statements and hints that the dollar is "in danger," some see that Trump might use BTC as an economic weapon against inflation and debt.
What if that is part of his plan to "Make America Great Again," but this time… on the chain? 🔗🦅
Could Bitcoin become the new gold for the United States under Trump?
Markets are watching, and investors are waiting... and you, will you catch the wave or be left behind?
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#CardanoDebate Will major investors abandon $ADA due to the founder's proposals? Cardano (ADA) has experienced fluctuations recently, amid mixed signals from major investors. While previous reports indicated an increase in whale holdings of the currency by about 120 million ADA within 48 hours, analyst "Ali Martinez" revealed that they later disposed of more than 270 million ADA in a week, equivalent to about 170 million dollars. This contradictory behavior contributed to increased selling pressure on the currency. The price of ADA fell from 0.71 to less than 0.62 dollars, before relatively recovering to 0.636 dollars. Warnings have increased about the possibility of a continued decline to the level of 0.5 dollars if the head and shoulders pattern is not broken. Although geopolitical tensions represent a clear external factor in the market decline, some analysts pointed to an additional internal influence, represented in the recent proposal by Cardano's founder "Charles Hoskinson," who called for swapping 100 million dollars of ADA for Bitcoin and stablecoins to enhance decentralized finance on the Cardano network. Despite the criticisms this proposal has sparked, "Hoskinson" quickly denied its negative impact, affirming that there is strong institutional demand for ADA outside of trading platforms sufficient to absorb any potential selling pressure. He considered that the development of the DeFi ecosystem on Cardano will compensate for any temporary withdrawals from the treasury. {future}(ADAUSDT)
#CardanoDebate
Will major investors abandon $ADA due to the founder's proposals?
Cardano (ADA) has experienced fluctuations recently, amid mixed signals from major investors.
While previous reports indicated an increase in whale holdings of the currency by about 120 million ADA within 48 hours, analyst "Ali Martinez" revealed that they later disposed of more than 270 million ADA in a week, equivalent to about 170 million dollars.
This contradictory behavior contributed to increased selling pressure on the currency.
The price of ADA fell from 0.71 to less than 0.62 dollars, before relatively recovering to 0.636 dollars.
Warnings have increased about the possibility of a continued decline to the level of 0.5 dollars if the head and shoulders pattern is not broken.
Although geopolitical tensions represent a clear external factor in the market decline, some analysts pointed to an additional internal influence, represented in the recent proposal by Cardano's founder "Charles Hoskinson," who called for swapping 100 million dollars of ADA for Bitcoin and stablecoins to enhance decentralized finance on the Cardano network.
Despite the criticisms this proposal has sparked, "Hoskinson" quickly denied its negative impact, affirming that there is strong institutional demand for ADA outside of trading platforms sufficient to absorb any potential selling pressure.
He considered that the development of the DeFi ecosystem on Cardano will compensate for any temporary withdrawals from the treasury.
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