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C98/USDT (SPOT) Vstupní rozsah: 0,2440 - 0,22 - 0,19 TP: 2564 - 2679 - 3079 - 3405 + $C98

C98/USDT (SPOT)

Vstupní rozsah:

0,2440 - 0,22 - 0,19

TP:

2564 - 2679 - 3079 - 3405 +

$C98

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ETH is expected to have a successful year in 2024. It may take a few more weeks for the market to fully reflect this. Alternative cryptocurrencies are currently underperforming due to a strong performance by Bitcoin dominance, which is a positive sign. The market is still waiting and holding at the H1 100EMA, with leverage traders positioning themselves in anticipation of the approval. These traders are contributing to the market volatility, and while they may incur losses, long-term gains are anticipated when BTC reaches new highs in 2024 or 2025. It is advisable to step away from trading the approval news if you do not have advanced algorithms, high-frequency trading setup, and access to real-time and accurate data. Attempting to trade the news without these resources can lead to frequent losses and missed opportunities. Furthermore, it is important to note that news trading is typically conducted through specialized terminals and APIs, not directly on common exchanges like Binance or Bybit. Those who have dedicated significant time and resources to building and optimizing their ETF approval setup are expected to have an advantage when the real approval news arrives. It is crucial to acknowledge that trading the approval pump/dump is more about luck than skill. Attempting to profit from these volatile market movements is akin to a coin toss, and any perceived success may simply be a result of chance. The current price action does not indicate an immediate approval, and based on past patterns, the approval could potentially occur on Monday, the 8th. It is important to recognize the complexity and preparedness required for trading news events in the cryptocurrency market, and to avoid overestimating individual trading capabilities in this context. $BTC $ETH $SOL
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