Digital Chartist
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High-quality crypto market analysis, swing setups & macro-driven insights

No pumps. No noise. Just structure and probabilities

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πŸ”Not financial advice. DYOR
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#GMXUSDT 1D

#GMX has broken the descending channel to the upside on the daily chart. It is currently trading above the daily MA50. Expect some upward movement from here. Targets are:

🎯 $18.35
🎯 $21.33
🎯 $23.29
🎯 $27.28
🎯 $31.27

⚠️ Use a tight stop-loss.
πŸ‡ΊπŸ‡Έ Texas House passes second reading to establish a Strategic Bitcoin Reserve.
πŸ‡ΊπŸ‡Έ Spot Bitcoin ETFs bought +26,700 BTC so far in May while miners only mined 7,200 bitcoin
DATA : πŸ’° 3 mining pool control over 50% of the hashrate on Bitcoin.
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πŸ—½πŸ“Š The US holds just 4% of the world’s population but controls 40% of global #BTC holdings.
πŸ“ˆ #SOL Solana generates more weekly network revenue than all other L1 and L2 networks combined, per Token Terminal data.
πŸ€” #BTC CQ: On the daily timeframe, compression is building up again - the third instance in this bull cycle. A similar pattern of three compressions preceded the 2018 rally. Very soon, we'll see just how tightly the spring has been coiled this time.