Forwarded from Elite Trade Signals โ Crypto | Forex | Gold
After sweeping the sell-side liquidity, price broke the descending trendline and formed a Break of Market Structure (BMS).
In case of a pullback, we will look for long entries targeting the origin of the descending trendline.
#MONUSDT #Crypto #SIGNAL #SignalsToday
@Signals2day
In case of a pullback, we will look for long entries targeting the origin of the descending trendline.
#MONUSDT #Crypto #SIGNAL #SignalsToday
@Signals2day
โ ๏ธ #WLFI #USD1 #TRX
HTX Exchange, owned by Justin Sun, has halted trading for token $WLFI and stablecoin $USD1. Users' $USD1 has been forcibly converted to $USDT. #stablecoin
HTX Exchange, owned by Justin Sun, has halted trading for token $WLFI and stablecoin $USD1. Users' $USD1 has been forcibly converted to $USDT. #stablecoin
๐๐ #BTC The most likely minimum price range for $BTC is between $46,000 and $54,000, covering CVDD and Realized Price levels. In an extreme capitulation scenario, a deeper support zone may be between $35,000 and $40,000. The first key recovery zone is between $75,000 and $79,000. $BTC corrections are becoming less significant throughout market cycles, reducing the likelihood of a deeper decline.
๐ฃ #COIN Bybit Launches IPO Express, Opens Tokenized SpaceX IPO Subscription via xStocks
Bybit has launched IPO Express, an on-chain equity offering product, and introduced a tokenized SpaceX IPO subscription in partnership with xStocks. Spot trading is expected to begin on June 12. The tokenized SpaceX shares are fully backed by xStocks issuers and maintain a 1:1 linkage to underlying equity exposure.
Bybit has launched IPO Express, an on-chain equity offering product, and introduced a tokenized SpaceX IPO subscription in partnership with xStocks. Spot trading is expected to begin on June 12. The tokenized SpaceX shares are fully backed by xStocks issuers and maintain a 1:1 linkage to underlying equity exposure.
๐ต๏ธ #USDC $2.4B worth of USDC left circulation in the past 30 days.
๐ #ETH #BTC PlanB: ETH/BTC Has Returned to 2016 Levels After a Decade
Bitcoin analyst PlanB noted that ETH is currently trading around 0.026 BTC, roughly the same level as in March 2016. This implies Ethereum has underperformed Bitcoin over the past decade. He also argued that ETH failed to deliver a major ETH/BTC bull-market rally during the 2023โ2024 cycle, unlike in 2017 and 2021.
Bitcoin analyst PlanB noted that ETH is currently trading around 0.026 BTC, roughly the same level as in March 2016. This implies Ethereum has underperformed Bitcoin over the past decade. He also argued that ETH failed to deliver a major ETH/BTC bull-market rally during the 2023โ2024 cycle, unlike in 2017 and 2021.
๐ฎ #USDC PiggyBank Unwinds LAB Hedge, Reports Up to 15% NAV Drawdown
PiggyBank closed a LAB hedge due to extreme volatility and negative funding rates, making the position unsustainable. The protocol anticipates drawdowns of about 15% for its USDC vault, 12% for SPYx, and 9% for JitoSOL, while excluding its locked LAB holdings from NAV until August unlocks. ZachXBT criticized the strategy for exposing user funds to a highly speculative asset.
PiggyBank closed a LAB hedge due to extreme volatility and negative funding rates, making the position unsustainable. The protocol anticipates drawdowns of about 15% for its USDC vault, 12% for SPYx, and 9% for JitoSOL, while excluding its locked LAB holdings from NAV until August unlocks. ZachXBT criticized the strategy for exposing user funds to a highly speculative asset.
Forwarded from Crypto Pro Updates
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๐ฉ For advertising, collaborations, and partnership opportunities, contact:
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Ready to take your trading to the next level?
๐ 150+ Trading Signals Every Month
๐ฏ Spot & Futures Setups
๐ Detailed Entry Zones
๐ฐ Multiple Take Profit Targets
๐ก Risk Management & Stop Loss Levels
โก Real-Time Market Updates
๐จโ๐ป Professional Chart Analysis
Whether you're a beginner or an experienced trader, our VIP community gives you the tools and insights needed to navigate the crypto market with confidence.
โ Daily Opportunities
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โ High-Quality Setups
โ Exclusive VIP Content
๐ Join our VIP members and stay one step ahead of the market.
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Admin: @Artikaio
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๐๐ค #BTC Since the $126k bitcoin top, this is now the third time the STH supply ratio has hit the 95% loss threshold.
Just nasty stuff - similar to the 2022 pain cycles on this metric. Hope, then back to more pain. The BTC bottoming process continues.
Just nasty stuff - similar to the 2022 pain cycles on this metric. Hope, then back to more pain. The BTC bottoming process continues.
๐ #ONDO Ondo is now over 25% of the total Tokenized Market Cap.
That's over 4x higher than this time last year.
That's over 4x higher than this time last year.