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Cas Abbé
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$ETH
dropping to take that liquidity and not expecting big moves over the weekend
Will be sharing new plays this Monday
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Cas Abbé
@Cas_Abb
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$SUI just tapped into my point of interest If price holds this level I’m expecting some solid moves from here
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This week has been a blast for @BNBChain. ➙ Weekly DEX volume hit $62B, a new ATH ➙ Transactions up 50% to 80,000,000 ➙ Active addresses up 10% to 8,700,000 ➙ Stablecoin supply is over $10.1B, a 2.5-yr high. I think @cz_binance should give some advice to Ethereum too.
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$ETH is trying to reclaim the 2W Gaussian Channel. Since 2020, ETH has only reclaimed this channel twice. And both times, ETH pumped hard. In 2020, ETH pumped from $300 to $4,000 In 2024, ETH pumped from $2.4K to $4.1K If ETH reclaims this again, I'm certain of $4K ETH by Q3 2025.
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$BTC is forming a bullish penant here. It bounced back nicely from support level, which is a good sign. Despite $1B long position closing and low liquidity volume, bears didn't take BTC down. I think the next week will be good for BTC. I can smell a new ATH again.
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Bitcoin Liquidation Update 🚨 If BTC pumps 10% from here, $2.3B in shorts will get liquidated. If BTC dumps 10% from here, $2.6B in longs will get liquidated. Both the long and short sides are looking balanced, which means tomorrow market open will be crucial. I expect that ETFs buying will continue which will send BTC to a new ATH.
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