CRYPTO 4 LIGHT
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πŸ’Ž Crypto4light official links - https://t.me/crypto4light/3197
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Look, show you some cool things =) Its an unlock for this week. Now all hype around ARB.
Binance and many other major CEX list ARB 23 march. And same day we got 55% unlock coins from total supply =) Market Makers always need liquidity =) The same story was with SHIBA inu listing on Binance. You can open chart and look. Exactly on same day when Shib listed Bitcoin crash 51% and shib drop 87%
Lets see how it play out this time!
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If the history repeat we can see crash 51-54% to test exactly one more time our downtrend line channel wall. And price will be around 12500$
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This day, tomorrow Fed rate decision.

1. A rate increase of 0.25-0.5% is an extremely negative impact on the market and the fall of the $Arbitrum token after its release on the exchanges on Thursday.

2. Pause and verbal interventions from Powell - the most likely scenario that can help the financial markets feel supported, and the start of altcoin rally in the cryptocurrency market.

3 Rate cut by 0.5% - rapid growth BTC and all altcoins after it and a great foundation for $ARB on Thursday.

i think we can see continuation and even with unlocks market maker need liquidity. So ARB can hit 1 or 1.3 on listing, people sell it. But then price like on APT start moving up and people jump in around end of april/may in ARB again at 2 or 2.3 so its will be final stage of this move and drop what we are talking about before.
In the price range of $26.760 - $27.570, 278,000 BTC (283,000 addresses) were purchased, which is one of the largest purchases in recent times πŸ‘‡

Ahead of us is one of the most important resistances - the price range of $27.640 - $28.600. In this range, 314,000 BTC (615,000 addresses) were bought, which is the second major resistance zone, after the $31,000 - $32,500 area.

Now the market is frozen in anticipation of tomorrow's meeting of the US Federal Reserve and the decision on the% rate.

In 2020 they print 9 trillions. Now they wanna print 17 Trillions. This time is different.
But methods is same
Compare apt/op/blur. The same will be with arb.
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The Fear of Greed Index reached 68 points and broke a 16-month high 🧐

The last time such a mark was observed in November 2021.


Why watch the Fear of Greed Index? πŸ‘‡

The behavior of crypto market players is very emotional. People get greedy when the market rises and this leads to the formation of FOMO (Forgone Profit Syndrome). What's more, people often sell their coins in an irrational reaction to depreciating currencies.

The developers of the Fear and Greed Index are trying to save users from emotional overstrain. There are two important areas:

1) Extreme fear can be a sign that investors are overly concerned. This could be a good opportunity to buy an asset.

2) When investors become extremely greedy, it means the market needs a correction.

The Fear and Greed Index analyzes the current market sentiment and represents it as a number between 0 and 100. 0 means Extreme Fear and 100 means Extremegreed".
#news
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J. Powell patter again. Every time πŸ€¦β€β™‚οΈ
Ahahah panic sales!😡 Speach - nothing special or new from Powell. 0,25% bp and people sell
Biggest liquidations of shorts even 3lev start at 29100
Almost 0 interest in longs liquidations. This chart shows the liquidation areas of traders who are using 3x, 5x, 10x leverage. It shows areas of liquidations for both long and short positions i.e. for traders who are buying, and also for those who are selling.
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One more confirmation so news drive the market. Exactly after Powell speech we got 2 breaking news about Coinbase and J.Sun
So why they not post this news and not charged Coinbase and Justin when price was at 25400 for example? One week is big difference?!No. Everything is just fckng algorithm and when price hit some key level they start the news to drive price to next target for this current moment. Even up or down. Its not a random news and events. It just help in right time drive price to right target. So im more than sure a lot of fud and news preparing for 36k or 48k. Some collapse news πŸ“° one big casino 🎰
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