#Opinion
π Peter Brandt expects #Ethereum to reach $5,600 per coin after the launch of the #ETF
The bullish sentiment of the well-known trader is also supported by the statement from the head of the US Federal Reserve that the Fed will not wait for inflation to fall to 2% before starting to lower interest rates.
The bullish sentiment of the well-known trader is also supported by the statement from the head of the US Federal Reserve that the Fed will not wait for inflation to fall to 2% before starting to lower interest rates.
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#FactOfTheDay
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Meanwhile, #Grayscale transferred 292,262 ETH (equivalent to $1 billion) to exchanges, and #BlackRock added 3,030 Ethereum coins to their balance for the ETH-ETF under the ticker #ETHA.
So, to the moon? Or towards a correction?
#CryptoNews
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#Opinion
π· Experts at #Santiment note an increase in the volume of mentions of keywords related to #ETH, #ETF, and #spot
The platform's analysts believe that despite a minor correction, the significant growth in these indicators could signal an imminent bullish impulse for #Ethereum.
β
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The platform's analysts believe that despite a minor correction, the significant growth in these indicators could signal an imminent bullish impulse for #Ethereum.
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#Analytics #ETH
π· #Ethereum is in a consolidation zone, similar to other coins on the market. But for trading, consider #ETHUSDT.
βοΈ Setup:
A candle with a shadow (short-seller flush) β quick buyback (possible strong buyer) β triangle pattern with compression.
π― Trade:
1. Position entry from the lower part of the pattern (marked in orange), stop loss (SL) according to Risk Management (RM) β 0.5-1%. Take profit (TP) β level 3240-3260.
2. Pending order (follow-up order) in LONG at the 3200 level. SL β return below the 3193 level. TP β level 3240-3260.
this is not a trading recommendation
A candle with a shadow (short-seller flush) β quick buyback (possible strong buyer) β triangle pattern with compression.
1. Position entry from the lower part of the pattern (marked in orange), stop loss (SL) according to Risk Management (RM) β 0.5-1%. Take profit (TP) β level 3240-3260.
2. Pending order (follow-up order) in LONG at the 3200 level. SL β return below the 3193 level. TP β level 3240-3260.
this is not a trading recommendation
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The first reason is the decline of the US stock market due to reports from tech companies that did not meet investors' expectations.
#CryptoNews
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Today, #ETH turns 9 years old. Vitalik has already congratulated his brainchild and team on Twitter, posting a photo from this memorable day.
Let's also congratulate Ethereum by sharing the funniest memes about it and Vitalik in the comments
#CryptoNews
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According to #Defillama data for July, the trading volume of #SOL on decentralized exchanges amounted to $55.8 billion, compared to $53.8 billion for #ETH.
#CryptoNews
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The largest sell-off of the year caused liquidations exceeding $1 billion in a single day. The market is reacting to rising unemployment in the US, recession fears, and geopolitical tensions in the Middle East. Additionally, the situation was influenced by the largest crash in the Japanese stock market in the past 37 years.
Do you believe in crypto and buy during the dip, or are you withdrawing assets in anticipation of an even greater decline?
#CryptoNews
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Despite the rise in prices after yesterday's drop, the Fear and Greed Index is in the zone of extreme fear. The last time it was at this level was in the summer of 2022, when the price of #BTC was $20,000.
Did you manage to buy the dip?
#CryptoNews
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