User jxkz

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💬 Crypto Poll
Which cryptocurrency are you trading the most right now? 🚀
1️⃣ Bitcoin (BTC)
2️⃣ Ethereum (ETH)
3️⃣ Binance Coin (BNB)
4️⃣ Other (comment your favorite!)

Vote now and tell us why you love your favorite coin! Let's see which one wins!
#CryptoPoll #CryptoCommunity #Binance #CryptoTrading

$INIT goes higher

$ETH Ethereum, the second largest cryptocurrency by market capitalization, is used as fuel for the Ethereum network, which enables the creation of decentralized applications and smart contracts. Its current price is around $1795 USD, showing a slight recovery in the last 24 hours.
For today, predictions suggest that Ethereum could face resistance around $1812 USD, coinciding with its 50-day moving average. However, if it manages to surpass this level, the next target is near $2111 USD. On the other hand, a key support level is found around $1696 USD, the 20-day moving average. If the price falls below this point, it could drop to $1537 USD. The overall market sentiment appears slightly bullish, with analysts optimistic about the possibility of ETH exceeding $2000 USD in the short term, although caution is advised due to the inherent volatility of the cryptocurrency market.

$ETH
Speculations surrounding Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) are currently focused on their potential price movements and market dynamics. According to Bitwise, Bitcoin could reach $200,000, Ethereum $7,000, and Solana $750, each indicating approximately a 100% gain from current prices.
The possible approval of an Ethereum ETF in the U.S. could significantly impact the market, potentially attracting institutional investments towards ETH and away from SOL and other altcoins. This speculation suggests that the ETF could broaden the overall demand for crypto, particularly for ETH, as it would place the cryptocurrency in a different category from SOL and other tokens.
On the other hand, recent events in the market, such as the introduction of high tariffs by President Trump, have caused volatility in the crypto market. Bitcoin and Ethereum experienced considerable drops, with BTC falling below $85,000 and ETH below $1,800.
The price action of Solana has also been mixed, with SOL unable to recover $120 and settling around $117.4. However, Solana's blockchain platform is known for its scalability and flexibility, which could make it a notable player among competing platforms like Ethereum and Cardano.
Additionally, the research team at Franklin Templeton has highlighted the transformative roles of BTC, ETH, and SOL, emphasizing the importance of private blockchains and the speculative nature of crypto.
Bitcoin: It is speculated to reach $200,000, with recent volatility due to market uncertainties and macroeconomic factors.
Ethereum: It is expected to reach $7,000, with the possible approval of the ETF broadening overall demand and attracting institutional investments.
Solana: It is projected to reach $750, with its blockchain platform focusing on scalability and flexibility.
These speculations reflect ongoing interest and anticipation in the crypto market, particularly around BTC, ETH, and SOL

#BTCvsMarkets

The price of $BTC is currently moving towards a significant liquidation area with a value exceeding 68.52 million dollars, located at 93.8K. Additionally, it is approaching an important resistance zone between 93.9K and 96.3K.

This psychological level is of great importance for bulls to confirm the full activity of the bull market. If $BTC manages to activate this liquidation zone, it is likely that a large number of sell orders will flood the market. Given the high existing demand for BTC and the reduction of supply at exchanges, these orders should be executed quickly. Therefore, instead of a price drop, we might witness a push towards the resistance zone to test it.