ZRX flipped and moved as per the call, price moved around 10% in profits and now approaching towards the resistance area. If you took it then time to secure some or hold till previous highs as final target.
The price has reached a significant resistance area and was rejected on the first attempt. We may see another test of this resistance zone, and if the price breaks above it, the upward rally will continue. It's advisable to wait for a clear breakout and a retest before entering new long positions.
Bitcoin continues the sideways movement and the direction is not clear yet. Volume is low because of the weekend and we may see some movement on Monday. #ETHBreaks3700 #StablecoinLaw $BTC
#StablecoinLaw Bitcoin dominance continue the downward movement and ETH showing good strength. Dominance is heading towards the support area and lets see if the support level breaks.
Bitcoin looking closely and gone into the sideway market and moving back and forth of the resistance area. Price Action is not clear at the moment, need to wait for the price to develop. #CryptoMarket4T #BinanceHODLerC #PowellVsTrump $BTC
#CryptoMarket4T ZRX flipped and moved as per the call, price moved around 10% in profits and now approaching towards the resistance area. If you took it then time to secure some or hold till previous highs as final target.
Bitcoin holds the level and reclaims the $120,000 mark, and currently price trading near the $120,000 which seems to be bullish, further we can expected reaching the All Time High areas soon. #BinanceHODLerC #AltcoinBreakout #BTC $BTC
$SUI ETH continues it pump and reached the minor resistance area, where it getting in sell order. But we made 26% in profits from buys and can move further if no news came in.
#AltcoinBreakout Bitcoin has touched +1 Standard Deviation (SD) above the Short-Term Holder cost basis (~$120K) ā a level that has historically acted as resistance during strong momentum phases.
If this trend holds, the next resistance lies at +2 SD, near $136K.
Bitcoin dominance has started to drop significantly after BTC reached its all-time high. This is a positive sign for altcoins. Ethereum is leading the rally, and soon we can expect money to flow into other altcoins as well. For a strong altseason wave to occur, dominance needs to break through the support area.
ETH broke through the resistance area, retested the $2900 level, and continued its upward movement. The price moved more than 18% from the support area. The next key level is around the $4000 mark.
ETHFI has been rejected from the resistance area. If you opened a long position at the resistance level, it is currently more than 13% in profit. You can either take profits or hold the position with a stop loss at the breakeven point. #ETHFI $ETHFI #BTC120kVs125kToday
BIO continues its upward movement after the retest, as expected. The long position has yielded over 32% profit since entry. You can hold the position with a stop loss set at the breakeven point. A close above $0.073 will keep the upward rally going. #BIO #BTCčµ°åæåę #BTCWhaleTracker
This marks one of the biggest profit-taking days of the year, led primarily by long-term holders ā a strong signal of major distribution at these levels. #Write2Earn #USCryptoWeek #ETHBreaks3k
Ethereum (ETH) has successfully broken through a major resistance area and exited its previous trading range. In order to maintain its upward momentum, the price needs to stay above the $2,800 level. We'll see if ETH can generate a strong rally in the coming days, which could encourage other altcoins to follow suit. #ETH #TradingStrategyMistakes
BTC flows into US Spot ETFs continue to slow (7D SMA), an unusual trend since their launch. Both traders and ETF investors are missing this rally ā setting the stage for late-stage FOMO. #BTC120kVs125kToday #USCryptoWeek #ETHBreaks3k
M2 is a way to measure the total money circulating in an economy. It includes both highly liquid money, such as cash and checking deposits (M1), as well as less liquid assets, such as savings accounts, time deposits, and money market funds.
Economists, government officials, and investors look at M2 to understand how healthy the economy is. If thereās a lot of money out there, people and businesses are more likely to spend more. If thereās less money available, spending will naturally slow down.
What Is M2 Made of?
The US Federal Reserve calculates the M2 using multiple components, including cash and money in checking and savings accounts. It also includes certificates of deposits (CDs) and other assets that can be easily converted to cash.
1. Cash and checking accounts (also called M1) This is the most basic and liquid form of money. It includes:
Physical currency (coins and paper money).
Money in checking accounts, which can be used with a debit card or checks
Travelerās checks (less common today but still included in M1).
Other checkable deposits (OCDs). These are highly liquid accounts that can be used to make payments by check or debit card.
2. Savings Accounts These are bank accounts where people keep money they donāt need right away. While savings accounts usually pay interest, they can have limits on how often you can take money out.
3. Time deposits These are also called certificates of deposit (CDs). You agree to leave your money in the bank for a certain amount of time, and in return, the bank pays you interest. These deposits are usually under $100,000.
4. Money market funds These are a type of mutual fund that invests in safe, short-term investments. They usually offer higher interest than savings accounts but have some restrictions on how you can use your money.
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The price has broken out of the upward channel but has since returned to it. Altcoins are experiencing some selling pressure, and we may soon test the lower uptrend line of the channel. It's best to wait before making new entries, as the situation is still unclear.