š#ETHEREUM: Analysis with Liquidation Heatmap š„
ā³ Timeframe: 1 Hour š° Current price: 1,806 USD Ethereum is testing a critical liquidity zone. Between 1,815 and 1,838 USD there is significant accumulation of shorters. $ETH
šIf what happened before is REPEATING, #Bitcoin should CONTINUE its rise
Why should $BTC continue to rise āļø
šWhen these things I'm going to show you next were seen, the price of #BTC skyrocketed
šThe FUNDING RATE of #Bitcoin on Binance is currently NEGATIVE āŖļøA negative funding rate indicates that there is predominant bearish leverage. āŖļøThe last 2 times this was seen was JUST BEFORE starting to rise in 2023 when BTC went from $28,000 to $73,000 and in 2024 when BTC went from $57,000 to $108,000.
šThe Short-Term Holder Realized Price is an on-chain metric āŖļøIt represents the average price at which short-term holders bought their bitcoins āŖļøIt is currently at levels that previously marked the BEGINNING of a significant rise $BTC
Why is it IMPORTANT for #Bitcoin that the SP500 recoversāļø
šøBecause at this moment, Bitcoin is not just a store of value, it also behaves as a risky financial asset šøThe LONG-TERM CORRELATION of #Bitcoin with the SP500 is, at least for now, undeniable. šøIn recent days we saw a certain decoupling of #Bitcoin from the SP500, but after all, their long-term movements are correlated
š„CRUDE OIL plummeted yesterday, which BENEFITS the STOCKS
Why is it important for us to closely monitor CRUDE OIL and what EFFECTS does it generateāļø
š¢Crude oil is the most used RAW MATERIAL for INDUSTRIAL PRODUCTION āŖļøWhen crude oil prices FALL, PRODUCTION becomes cheaper, which increases the PROFITS of COMPANIES āŖļøIt is no coincidence that the bullish markets of #Bitcoin and the SP500 occur when oil has a downward trend
Why did oil experience a BIG FALL todayāļø āŖļøSeveral members of OPEC+ (Organization of the Petroleum Exporting Countries) are pushing for the group to approve a new accelerated increase in oil production for June āŖļøThe more production, the worse it is for the price
Why did Trump make "LOW OIL PRICES" a priority in his political campaignāļø šøThe price of oil directly affects the price of gasoline šøPromising low prices means promising more money in voters' pockets.
šAdditionally, they are a KEY component in INFLATION and less inflation could lead the FED to CUT the INTEREST RATE
š„This in 1998 ended in 18 months of BULL MARKET but in 2007 it ended in a FINANCIAL CRASH šŖWith #Bitcoin the situation is DIFFERENT from that of the INDICES
What do I mean by thisāļø Let me explain
šIn 1998, we saw a strong drop of 20%. š¹The SP500 broke DOWN through the most important moving averages š¹Then it recovered, went back above the moving averages, and we saw a GREAT bull market for 18 months
šIn 2007 the SP500 also had a drop of 20% and lost the MOVING AVERAGES š¹The problem was that IT COULD NOT RECOVER THEM š¹In this scenario, the SP500 continued its drop with another -20%
What can we expect in this situationāļø
āŖļøThe MOVING AVERAGES are one of the ways to qualify a TREND. āŖļøIf the price remains ABOVE them, it is considered a BULLISH TREND āŖļøIf the price remains BELOW them, it is considered a BEARISH TREND š¢Option 1: The price RECOVERS and establishes itself ABOVE the MOVING AVERAGES like in 1998 š“Option 2: The price uses the MOVING AVERAGES as a CEILING and continues its drop like in 2007 $BTC $ETH $BNB
āļøNEW: With a treasury of 620 BTC and a BTC yield of 709.8% so far, The Blockchain Group is now the best-performing stock on the Paris stock exchange š«š·
š„Bessent claims that the AGREEMENT with China could take up to 3 YEARS and that Trump did not make a unilateral offer to reduce tariffs on China.
"Any decision in this regard will depend on direct conversations between both countries."
šIn light of this, the SP500 WIPED OUT ALL OF TODAY'S GAINS. We are facing a VOLATILE and UNDECIDED market. šKey what comes out of the meeting between Trump and Xi Jinping in May. $BTC
š BREAKING NEWS: A whale won $153.5 million betting on Solana over 4 years, after locking 991,000,099,461,434.52 $27 in 2020.
The earnings include $111.4 million from price appreciation and $42 million from staking rewards, with over 1.9 million still in possession. 09946143452 12786617779
ā«ļøTesla reports Q1 earnings and has not sold any of its BTC
ā«ļøTrump says he has no intention of running Jerome Powell
ā«ļøTrump states that tariffs for China will not be 145%, they will be reduced but will not be 0%, he is open to negotiating without demanding too much
ā«ļøTreasury Secretary Bessent will travel to Japan to finalize the agreement with Japan to resume its purchases of American Bonds $BTC
š„We have NEGATIVE fundamentals BUT THIS INDICATES THE COMPLETE OPPOSITE for #Bitcoin -Let's see what it's about:
šThe SENTIMENT of #Bitcoin is at EXTREMELY LOW levels and indicates PANIC āŖļøAs seen in the chart, the last times we had this sentiment was at the BOTTOM of the market
šOn the other hand, BTC is holding ABOVE its 50-period weekly moving average, even using it as a FLOOR āŖļøThe last 4 times this moving average broke downwards, we had a BEAR MARKET, something that is NOT being seen today
š$BTC has been FALLING -10% since the beginning of the year, while gold has been RISING 20%. āŖļø Bitcoin follows gold's RISES with an approximate DELAY of 100 days and that rise is MUCH stronger
šThe AMOUNT of MONEY available in the system and for INVESTING keeps GROWING āŖļøThe M2, an index that measures this, has a strong correlation with $BTC , in fact $BTC follows the M2 with a delay of 108 days $BTC