Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2

Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said.

$WAXP/USDT Long Setup

Entry : 0.030 to 0.03475
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 0.0353, 0.036, 0.038, 0.040, 0.045, 0.050

Stoploss : 0.028

$TRU/USDT Long Setup
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Entry : 0.115 to 0.132
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 0.134, 0.137, 0.141, 0.155, 0.16, 0.18, 0.23

Stoploss : 0.11
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"Trade at your own risk. Prioritize money management: assess risk, set limits, and never invest more than you can afford to lose."

DOGE open interest up 19% amid price 'breaking out' to monthly high

Traders are ramping up their positions on Dogecoin as its price "breaks out," reaching its highest monthly level on July 20. However, not all are convinced that the bullish pattern is confirmed just yet.

$ONE/USDT Long Setup
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Entry : 0.0135 to 0.0148
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 0.01495, 0.0151, 0.0156, 0.0167, 0.021, 0.028, 0.037

Stoploss : 0.012
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"Trade at your own risk. Prioritize money management: assess risk, set limits, and never invest more than you can afford to lose."

Bitwise CIO says market is ‘not bullish enough’ amid rising political endorsements

Bitwise CIO Matt Hougan believes the market is “not bullish enough” about Bitcoin, and investors need to rethink the flagship crypto’s potential upside after what happened at the Bitcoin2024 conference.

$CHR/USDT Long Setup
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Entry : 0.16 to 0.1735
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 0.177, 0.18, 0.19, 0.20, 0.23, 0.27

Stoploss : 0.15
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"Trade at your own risk. Prioritize money management: assess risk, set limits, and never invest more than you can afford to lose."

#BTC/USDT Market Analysis
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Bitcoin is currently consolidating within a descending broadening wedge pattern, trading below the Ichimoku cloud, which is acting as resistance. A breakout above the Ichimoku cloud would provide short-term bullish confirmation.

$ETH/USDT Long Setup
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Entry : 2532 - 2759
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 2789, 2800, 2820, 2860, 2900, 2950, 3000, 3100

Stoploss : 2400
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"Trade at your own risk. Prioritize money management: assess risk, set limits, and never invest more than you can afford to lose."

#BEAMX/USDT Market Analysis
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Currently trading within a descending broadening wedge pattern and is rebounding from the support trendline. The Ichimoku Cloud is acting as a resistance barrier, limiting upward movement. To confirm the next move for BEAMX, it's crucial to wait for a decisive breakout from the pattern.

$LQTY/USDT Long Setup
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Entry : 0.6064 - 0.7051
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 0.7115, 0.7200, 0.7400, 0.7600, 0.7800, 0.8000, 0.8200, 0.8500, 0.9000

Stoploss : 0.5555
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"Trade at your own risk. Prioritize money management: assess risk, set limits, and never invest more than you can afford to lose."

#SUI/USDT Market Analysis
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Trading within an ascending triangle pattern and is currently attempting to break its horizontal resistance after rebounding from the support trendline. Both the 100MA and 50MA are indicating bullish momentum. A breakout would confirm a strong upward move. Keep a close watch for this bullish confirmation

$SAGA/USDT Short Setup
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Entry : 1.73 to 1.53
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 1.517, 1.50, 1.48, 1.46, 1.40, 1.35, 1.30, 1, 0.84

Stoploss : 1.83
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"Trade at your own risk. Prioritize money management: assess risk, set limits, and never invest more than you can afford to lose."

#RPLUSDT Market Analysis
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Rocket Pool is testing the resistance of a falling wedge on the daily chart.

A successful breakout could trigger a significant price surge.

If confirmed, we might see $RPL climb towards $16 to $30 in the midterm.

Keep an eye on volume for breakout confirmation.

$MOVR/USDT Long Setup
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Entry : 9.4 to 10.945
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 11.1, 11.4, 11.7, 12.2, 13.5, 14.5, 17, 20, 23, 26

Stoploss : 8.95
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"Trade at your own risk. Prioritize money management: assess risk, set limits, and never invest more than you can afford to lose."

#BNB/USDT Market Analysis
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Currently consolidating within an ascending triangle pattern and has recently rebounded off the support trendline. The Ichimoku cloud indicates bullish momentum, suggesting potential upward movement. To determine the next direction for BNB, we should wait for a clear breakout or breakdown from this pattern.

$SOL/USDT Long Setup
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Entry : 120.507 - 146.550
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 148, 149, 150, 152, 155, 160, 170, 180, 190, 200

Stoploss : 111.538
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"Trade at your own risk. Prioritize money management: assess risk, set limits, and never invest more than you can afford to lose."

#TIA/USDT Market Analysis
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Consolidating within a descending broadening wedge and facing rejection at the resistance trendline. The 21MA is providing strong support beneath the price action.

A decisive breakout from the wedge could trigger a bullish trend, signaling potential upward momentum. Keep an eye on this key level for the next move.

$WLD/USDT Short Setup
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Entry : 2.4622 - 2.1800
Leverage : 3 - 5X
Position Size : 2 - 4%

Targets : 2.16, 2.14, 2.12, 2.10, 2.05, 2.00, 1.8, 1.6, 1.40

Stoploss : 2.6681
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"Trade at your own risk. Prioritize money management: assess risk, set limits, and never invest more than you can afford to lose."