Will $BTC stay above the local low and continue to form a structure above 69,000..... OR will it fall further to capture liquidity around 67,000?
What do you think?
π - will stay above 69,000.
π³ - will fall to 67,000
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Itβs very interesting to see what decision will be made, as on one hand, itβs hard to believe they will approve it right away without any delays, but on the other hand, we see a political battle in the US for the so-called "crypto electorate," and the current authorities need additional ratings from this matter.
Yesterday's law on dividing responsibilities between the SEC and the CFTC and classifying cryptocurrencies is further proof of this.
Even if itβs not approved today, I donβt think it will dump Ethereum, because the ETF approval is 99% certain, itβs just a matter of time.
In any case, weβre waiting, weβll find out soon, and what we can be sure of is market volatility, so be careful with futures. Trade only on the best exchange - Bybit (bonuses $4000 + commission discounts).
What are your thoughts on this matter? Share in the comments
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If we compare this cycle with previous ones (from the bottom to the current moment), in this bull market $BTC has only corrected by 20% from the recent peak. Compared to the strong corrections in past cycles, the current market looks like the strongest in history.
There is strong influence from ETF issuers. It is likely that in this cycle we can expect a less volatile BTC (compared to previous cycles) after the halving, as there is additional demand for $BTC due to spot BTC-ETFs.
What do you think, will this bull market be the strongest, or will we see drops greater than 20%?
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Gem Hunters
What to do:
The site is still very laggy, so be patient and complete the tasks.
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For their fulfillment will increase the speed of mining. Tasks are opened gradually for each level. Right now only 3 tasks with small rewards are available.
I don't have anything displayed yet, how is it for you?
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Gem Hunters
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Gem Hunters
On the morning of the 24th, news broke about the listing approval of the Ethereum ETF. Right before that, Ethereum's exchange rate fell by almost 9% in the moment, but immediately started to recover.
Here's what happened:
1) Out of two documents, only the 19b-4 was approved, while the S-1 is still pending.
2) The 19b-4 allows for listing on the exchange, but the product itself is not yet available. The S-1 document initiates the process of creating the actual product.
Grayscale already has the ETHE trust, putting them in a better position to release assets. They've also filed for an 'Ethereum Mini ETF' to increase accessibility for retail investors.
The approval process was delegated to the SEC's 'Trading and Markets Division', which reduces the chance of political disputes but can be overturned within 10 days if someone objects.
The main question: is this good or bad news?
It seems full approval is still ahead, but the market is already reacting.
Stay alert and watch for updates!
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No news from other exchanges yet.
It seems like zksync has chosen the ticker $ZK. It'll be interesting to see how they resolve this with Polyhedra π
If you don't have an account on Bybit yet, I don't know what you're doing in crypto - register on Bybit (bonuses of $4000 + fee discounts)
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Gem Hunters
Are there any Stakeland farmers among us? π€
Drop a π³ if you're participating
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Recently, they launched an activity with quests where we can earn daily rewards by completing tasks, quizzes, voting, and leaving reviews. For all this, we will receive crystals with a confirmed drop, with no investments needed.
What to do?
This is their first activity, with significant investments from large funds and minimal shilling. So, it's worth participating. It's perfect for beginners and also informative π
Put flames π₯ if you want more easy activities with confirmed rewards
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π€£76π42β€31π26π₯°16π5π₯4
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Telegram now allows channels to publish stories. We want to make our content more interesting and colorful, and for that, we need your support. Only accounts with Premium are eligible.
How to support our channel?
With your help, we can create even more amazing content! Thank you for your support!
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The project has launched a confirmed airdrop campaign, allocating 5% of its tokens for this initiative.
What to do?
A simple activity from an interesting project. Complete tasks and earn pointsβthe more points you earn, the larger your airdrop will be.
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Whales keep buying up bitcoin, at whatever price π
π Trade on Bybit - the best exchange, gives beginners up to $4000 + discounts on commissions
π Gem Hunters l Chat
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Eyeing Altcoin Purchases π
The structure of $SAGA looks promising. The project launched strongly on Binance, pulled back after the listing, and now seems to have found its bottom.
We see a break in the local downtrend structure and a trend change level (TCL) breakout on the 4-hour frame. If successfully held, the first target is $2.9.
You can enter the trade now or wait for a retest of the ~$2.3 level.
Targets are $2.9, $3.9, and higher. The chart shows my expectations for the coin.
βοΈNot financial advice; manage your risks.
Give your feedback in the comments: would you like to see more coin analysis or more activities?
π Trade on Bybit - the best exchange, gives beginners up to $4000 + discounts on commissions
π Gem Hunters l Chat
The market has come alive, and liquidity is gradually shifting to altcoins. Letβs look at some coins for speculation.
The structure of $SAGA looks promising. The project launched strongly on Binance, pulled back after the listing, and now seems to have found its bottom.
We see a break in the local downtrend structure and a trend change level (TCL) breakout on the 4-hour frame. If successfully held, the first target is $2.9.
You can enter the trade now or wait for a retest of the ~$2.3 level.
Targets are $2.9, $3.9, and higher. The chart shows my expectations for the coin.
βοΈNot financial advice; manage your risks.
Give your feedback in the comments: would you like to see more coin analysis or more activities?
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Media is too big
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Clear infographic: what happens to your portfolio if you invest $100 a month in bitcoin, gold and hold cash
Click π₯ if you keep everything in cryptocurrency π€
π Gem Hunters l Chat
Click π₯ if you keep everything in cryptocurrency π€
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π Jump into the new no-shill clicker Hexacoin
Why should you pay attention?
π€ Not many people know about it, so get there early.
π€ The project received a $1 million grant from IMX.
βΉοΈ HEXACOIN BOT is an innovative Telegram bot that allows users to earn cryptocurrency through various tasks and activities. Designed for those who want to profit without investments.
What to do?
β
Click the link and launch the bot by pressing the Launch button.
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Log in once every 24 hours from your PC or phone to claim tokens and tap the $AGO accumulated on the cube.
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You can also play a game to earn tokens (only on a smartphone).
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Complete missions in the EARN tab.
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Invite friends.
Share in the comments, are you interested in such projects-clickers?
π Gem Hunters l Chat
Why should you pay attention?
What to do?
Share in the comments, are you interested in such projects-clickers?
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