📌What happened in Crypto in the last 24H👇

➡️Bitcoin fell to 52,300 where as ETH fell sharply to $2111

➡️$800.32M liquidated from the crypto market in the past 24 hour.

➡️Biggest 2-day drop for the Nikkei in history, surpassing Black Monday.

➡️Jump Trading has likely been offloading $ETH, unstaking $500M worth over the past 2 weeks. Rumors suggest they are exiting the crypto market maker business.

➡️Crypto fear and greed index fell to 26 indicating fear sentiment in the market.

📌 Which one are you choosing?👀

🟢 : 🔥

🔴 : ❤️

BIG BIG MONEY COMING IN 🚀🚀

🔥When BTC surpasses the $70,000 mark and ETH reaches $4,000, the altseason will begin," says Arthur Hayes.

📌He also anticipates the start of a crypto market rally in September and expects SOL to exceed $250.

➡️Ethereum average Gas price drops to 1.048 GWEI ($0.06) 😱

📢Jump Trading started selling $ETH again just now!

They claimed 17,049 $ETH($46.44M) from Lido and transferred it out for sale.

➡️Jump Trading currently has 21,394

🔗Source: Click here

𝗛𝘂𝗴𝗲 𝗩𝗼𝗹𝗮𝘁𝗶𝗹𝗶𝘁𝘆 𝗘𝘃𝗲𝗻𝘁

Today, the US CPI data will be released at 12:30 PM GMT
 
Expectations: 3%
 
Here are the different probabilities
 
11% chances of CPI coming higher than 3%
 
63% chances of CPI coming lower than 3%
 
26% chances of CPI coming exactly at 3%
 
What's your prediction for today's #CPI data?

📢Binance re-enters India after settling $2.25 million penalty with FIU.

➡️Binance announced today that its website and app are now fully available for Indian users.

➡️The exchange has paid the $2.25 million penalty previously imposed by Indian regulators.

🔗Source: Click here

✅ Coinbase CEO says "#Bitcoin is the check and balance on excessive inflation. Buying it is a vote against inflation."

🐋Over the last six weeks, crypto whales have accumulated more than 94,700 #BTC, valued at approximately $5.5 billion, according to data from Santiment .

❓Still scared to buy?🤔

💬#SEC Chair Gary Gensler is being considered for Treasury Secretary

👀Gary Gensler may be nominated as Treasury Secretary if Vice President Kamala Harris wins the presidential election this November, according to a Washington Reporter article on Monday.

💸#BTC > $60,400 🚀

📢Japanese public company Metaplanet buys another ¥500 million worth of Bitcoin

🚨Breaking: India is preparing to regulate cryptocurrency. According to CNBC TV18, positive news regarding cryptocurrency regulation is expected to emerge around September or October 2024.

🔴 TRADE -  PROM/USDT ( Futures )

👉 Type -   LONG (BYBIT)
👉 Mode - Isolated
👉 Leverage- 2X to 3X  ( Recommend)

📌Buy Zone -  5.86$ to 5.78$

🎯Target

1.  5.98$
2.  6.06$
3.  6.18$
4.  6.28$
0.  6.40$


🛑Stop loss 5.48$ -( SL Must Use )

🔥Disclaimer 👉 This is my personal analysis for  educational purposes , Buy/Sell/Trade at your own risk. I am not a financial Advisor...

HOT / USDT

🔹Hot is looking string here,

🔹Price can take a pullback here

🔹0.00158$ can be a good pick

🔹Target can be 0.00170$✅

🔹Keep an eye on it.

🔹We will share call with more confirmation.

🚨 VERY IMPORTANT BTC UPDATE 👇

BTC has been trading within a symmetrical triangle over the last few days. The triangle is getting narrower and is almost reaching its end. Last night, BTC broke out of the triangle on the upper side and formed a couple of candles outside of it, as you can see in the white circle. However, BTC has now re-entered the triangle, making it difficult to predict its next move. There's a chance BTC could break out on either side again. If it does, we should wait for confirmation because, as we saw last night, BTC re-entered the triangle after breaking out. I believe the triangle is almost at its end, so a breakout on the upper side is likely. Keep an eye on the period from August 23rd to August 26th, as it could be significant. NFA DYOR