#US DOLLAR ANALYSIS

The US dollar has broken down from the ascending triangle pattern and is on the verge of breaking below the Ichimoku cloud. The 50-day moving average (MA 50) is acting as resistance.

A successful retest or a break below the Ichimoku cloud would confirm a bearish trend. It is important to note that the US dollar typically moves inversely to the crypto market.

JUST IN: $69,000 #Bitcoin    🚀

New York AG announces $2 billion settlement with crypto lender Genesis

🚀 Big Moves Ahead for $TWIF! 🚀

$TWIF is currently trading in a symmetrical channel after an impressive upward rally. Brace yourselves, as we might witness a breakout from this symmetrical triangle in the upward direction, continuing the rally! With many big things in the pipeline, the future looks incredibly promising! 🔥🚀

Buy Now:

- PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

- Uniswap: https://app.uniswap.org/#/swap?outputCurrency=0x62760e76DCe6b500349EC5F6119228d047913350

SEC asks exchanges to update 19b-4 filings on an accelerated basis for spot Ether ETFs 👀🚀

#BTC/USDT ANALYSIS

BTC broke out of the descending channel, followed by a strong bullish rally. A successful retest above the channel would indicate a continuation of the bullish move. However, if the price falls back inside the channel, it would be a sign of some correction.

Vitalik: We need an open decentralized (operator-free, governance-free) protocol for quickly moving assets from one L2 to another, and for that to be integrated into wallets' default sending interface. Such as Token transfers, ENS, Key changes to smart contract wallets (personal and organizational). He also said that ENS is the most successful non-financial application (of blockchain).

Upcoming spot Ethereum ETF deadlines

#GMX/USDT ANALYSIS

GMX has broken out of the ascending triangle with decent volume. The 100-day moving average and the Ichimoku cloud indicate a bullish trend. A continuation of the bullish move is expected, either from this point or after a successful retest of the triangle.

#USDT DOMINANCE ANALYSIS

USDT.D declined after breaking down and successfully retesting below the rising wedge. The Ichimoku Cloud indicates a bearish trend. Additionally, it broke down below the 200-day moving average (MA 200), suggesting a further downward move is expected.

However, a retest of the MA 200 is also possible. It's important to note that USDT dominance works inversely proportional to the crypto market.

#ENJ/USDT buy setup✍🏻

#BTC/USDT ANALYSIS

BTC is currently retesting above the descending channel, followed by a bullish move. The Ichimoku cloud indicates a bullish trend. A successful retest above the channel would confirm the bullish trend, while a failed retest would suggest a potential retracement before the next upward move.

#BOME/USDT ANALYSIS

BOME has broken out of the ascending triangle with a candle close above it, indicating strong momentum. We can expect the continuation of the bullish move from here or after a successful retest of the triangle.

White House opposes FIT21 but says it's 'eager to work with Congress' on balanced framework for digital assets 👈

#S&P 500 ANALYSIS

The S&P 500 has continued its bullish trend following the breakout from the ascending triangle pattern. It has recently surpassed its previous high and is currently trading above this level.

As long as it remains above the past high, the bullish momentum is expected to continue. However, if it falls below this level, a short-term retracement is likely before the next upward move.

BlackRock surpasses Grayscale in Bitcoin AUM