Forwarded from CryptoQuant
9,030 BTC Leave Binance as 30-Day Momentum Recovers from -21% Toward Zero
โMoved 9,030 BTC off the largest exchange while momentum recovers from extreme negative territory. That combination has historically resolved to the upside.โ โ Read More
By RugaResearch | @cryptoquant_official
โMoved 9,030 BTC off the largest exchange while momentum recovers from extreme negative territory. That combination has historically resolved to the upside.โ โ Read More
By RugaResearch | @cryptoquant_official
#ETH is up nearly 23% this quarter.
That's more than double its normal Q3 gain of around 9%.
At first, this looks very bullish.
But remember, ETH had a terrible start to the year. It fell 29% in Q1 and another 25% in Q2.
So this strong move could simply be ETH recovering after a big drop.
Many people think money is now moving from Bitcoin to Ethereum.
But the data still shows big investors are mostly buying BTC, not ETH.
Until that changes, this looks more like a recovery bounce than the start of a new long-term trend.
That's more than double its normal Q3 gain of around 9%.
At first, this looks very bullish.
But remember, ETH had a terrible start to the year. It fell 29% in Q1 and another 25% in Q2.
So this strong move could simply be ETH recovering after a big drop.
Many people think money is now moving from Bitcoin to Ethereum.
But the data still shows big investors are mostly buying BTC, not ETH.
Until that changes, this looks more like a recovery bounce than the start of a new long-term trend.
#BTC was rejected near the $66.5K resistance zone and is now pulling back.
The chart is forming a rising wedge, a pattern that often becomes bearish if support breaks.
The key support to watch is $64Kโ$64.5K.
Holding that level could lead to another test of $66.5K, with $68K as the next target.
A break below the wedge could send BTC toward the $61Kโ$62K support zone.
As long as the wedge support holds, the current uptrend remains intact.
The chart is forming a rising wedge, a pattern that often becomes bearish if support breaks.
The key support to watch is $64Kโ$64.5K.
Holding that level could lead to another test of $66.5K, with $68K as the next target.
A break below the wedge could send BTC toward the $61Kโ$62K support zone.
As long as the wedge support holds, the current uptrend remains intact.
๐ด โ ๏ธ BREAKING: Trump on Truth Social: From this point forward, any time the Islamic Republic of Iran shoots at a ship in the Strait of Hormuz, the US will bomb one bridge or or power plant.
โ ๏ธ BLOCKAID'S EXPLOIT DETECTION SYSTEM HAS IDENTIFIED A USDC BRIDGE POSSIBLE EXPLOIT ON ARBITRUM: INFINITYHEDGE
PeckShield: We detected an abnormal bridge withdrawal that extracted ~$24.15M USDC from an Arbitrum USDC custody bridge contract. The on-chain bridge logic was not bypassed; the malicious withdrawal was authorized by a quorum of hot-validator signatures and then finalized after the dispute period.
PeckShield: We detected an abnormal bridge withdrawal that extracted ~$24.15M USDC from an Arbitrum USDC custody bridge contract. The on-chain bridge logic was not bypassed; the malicious withdrawal was authorized by a quorum of hot-validator signatures and then finalized after the dispute period.
#gold ๐
Bank of America's technical strategists predict significant further declines in gold prices ๐, drawing parallels to past bear markets in 1980 and 2011. They suggest a tiered buying strategy ๐ฐ, advising full allocation only if prices drop to the $3,450โ$3,250 range. ๐ Identifying bearish signals โ ๏ธ, including a death cross formation and elevated net-long positioning, they argue the current correction is too brief relative to the prior uptrend. ๐ Historical trends indicate potential downside risks, with targets around $3,315 and $3,702. A near-term bounce may occur ๐ before a more substantial decline is expected. ๐
Bank of America's technical strategists predict significant further declines in gold prices ๐, drawing parallels to past bear markets in 1980 and 2011. They suggest a tiered buying strategy ๐ฐ, advising full allocation only if prices drop to the $3,450โ$3,250 range. ๐ Identifying bearish signals โ ๏ธ, including a death cross formation and elevated net-long positioning, they argue the current correction is too brief relative to the prior uptrend. ๐ Historical trends indicate potential downside risks, with targets around $3,315 and $3,702. A near-term bounce may occur ๐ before a more substantial decline is expected. ๐
Forwarded from Lookonchain
A mysterious whale bought 27,000 $ETH ($52.03M) via Galaxy Digital OTC 4 hours ago after 3 months of inactivity.
https://arkm.com/explorer/address/0x8c585dFECE9d68a09f6a17B46c686E7a126A04b1
https://arkm.com/explorer/address/0x8c585dFECE9d68a09f6a17B46c686E7a126A04b1
โฉ160 trillion ($109.08 billion) has been added to South Korean stock market today as KOSPI surges 2.91%.
Forwarded from Cipher Crypto Trader
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#MEXC #MEXC0Fee #CEX #DEX
MEXCโs Loss Coverage Program is LIVE!
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Req: VVIP M-Score 351+
Join now: https://www.mexc.com/futures-activity/trading-protection/1925?utm_source=region_media&utm_medium=eu&utm_campaign=tradingloss_protect&inviteCode=mexc-CipherSMC
#MEXC #MEXC0Fee #CEX #DEX
Dydx Long
Lev - 5x
Entry 1 - $0.1267 (50%)
Entry 2 - $0.118 (50%)
Targets - $0.134 - 0.142 - 0.16 - 0.18
Stoploss - $0.108
Lev - 5x
Entry 1 - $0.1267 (50%)
Entry 2 - $0.118 (50%)
Targets - $0.134 - 0.142 - 0.16 - 0.18
Stoploss - $0.108
Forwarded from A1 TRADING | Indices, Commodities, Forex, Futures
Gold, 4H chart:
Price has broken out clean from the downward trend we've been seeing the last few weeks.
I'm watching for a pullback, with a long bias!
If I choose to take a position, I will share the trade alert in our VIP group.
Price has broken out clean from the downward trend we've been seeing the last few weeks.
I'm watching for a pullback, with a long bias!
If I choose to take a position, I will share the trade alert in our VIP group.
Cipher Crypto Trader
I'm long $LDO for the AI product catalyst, everyone has been shaken out of this coin anyway, downside very limited and mcap is not even $300M #LDO โ Both Fundamental Analysis and Technical Analysis point to a doubleโbullish outlook. https://x.com/ncerovโฆ
Who Hold #LDO ๐๐
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