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$ETH #BTC 🪙 $75K chances continuously increasing 🔴 It closed 4 weekly candle below downtrend line ‼️
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$BTC #BTC 🪙 $75K chances continuously increasing 🔴 It closed 4 weekly candles below downtrend line ‼️
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These events can cause big market moves: Dec 16: Unemployment Report Dec 18: CPI Inflation Data Dec 18: Bank of England Rate Decision Dec 18–19: Bank of Japan Policy Meeting Dec 30: FOMC Minutes
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🌍 Macro News US Federal Reserve will buy $40B worth of Treasury bills over the next 30 days → adds liquidity. Trump is considering removing taxes on gambling winnings. Trump also says interest rates should be 1% or lower next year, which is bullish talk for risk assets. SEC Chair Paul Atkins says US financial markets are moving “on-chain.” OCC gives conditional approval to Ripple, BitGo, Fidelity Digital Assets, and Paxos to become national trust banks — very positive for crypto adoption. Interactive Brokers will allow brokerage accounts to be funded using crypto stablecoins. Do Kwon (Terra Luna founder) officially sentenced to 15 years in prison.
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📊 Market Update The market is very volatile right now as traders wait for the Bank of Japan (BOJ) and European Central Bank (ECB) meetings. Both are expected to raise interest rates by 0.25%, and most of the market has already priced this in. However, there is still uncertainty — if the outcome is different than expected, it could cause sudden price moves. Memecoins are active again, but overall the market is rotating fast between different narratives and new launches. Even so, good opportunities still exist if you’re patient.
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Whale Purchases 5,678 ETH at $2,985.7 Each, Initiates New Accumulation Phase
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