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Salah Seif
Bearish
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$BONK $PEPE $SHIB Be patient and keep calm
$BONK
$PEPE
$SHIB
Be patient and keep calm
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Salah Seif
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It‘s been a huge week for Ethereum. How huge, you may ask? Ethereum started the week with a market cap of around $370B and in less than 24 hours reached a valuation of over $450B. That rise came equivalent to Solana’s entire capitalization… ETH ripped up the charts to over $3,800 for a 30% rise from the depths of $3,000. which suspected that Ether’s stage is set. The SEC approved eight spot Ethereum ETFs on Thursday. This monumental news comes after weeks of speculation and market anticipation. Here’s how it unraveled: Ether's price surged over 10% after Bloomberg analysts increased their predicted chances of SEC approval for spot Ether ETFs from 25% to 75%. The SEC requested Nasdaq, CBOE, and NYSE to revise their applications to list spot Ether ETFs, hinting at possible approval. Major ETF issuers, including Fidelity and Ark Investment, have removed staking from their proposed spot Ether ETFs, aligning with regulatory concerns on centralization risks. The SEC has approved Nasdaq, CBOE, and NYSE applications to list ether ETFs, surprising the industry. While final approval is still needed, this marks a major step towards trading these products. $ETH Wish you all the best 🌹❤️👊⬆️🌳#PEPE #BONK🔥🔥 #KAFA_NETWORK
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$BONK $PEPE Patience is the Key: Hold Your Coin and Ride the Wave 🌊💎 Market Fluctuations: Remember, price fluctuations are a natural part of the crypto market. Price can rise and fall rapidly. Only kindly reminder at evening 👊🌹 Wish you all the best #PEPE #ETHETFS #KAFA_NETWORK #salahseif
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$BONK $PEPE $BTC Today is the deadline for the Ethereum ETFs, and it looks like the SEC is also dealing with the S-1 forms. I would be surprised if they approve both the 19b-4 and the S-1 at the same time, as it would mean that trading could start immediately – just like with the #Bitcoin ETFs. #ETFvsBTC #SECCryptoRegulation #PEPE
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$BONK Technical Analysis of Bonk Coin (BONK/USDT) The analysis focuses on identifying current trends, potential bullish or bearish patterns, and key support and resistance levels. Trend Lines and Patterns Ascending Wedge Formation: The blue trend lines indicate an ascending wedge pattern. An ascending wedge often signifies a bearish reversal pattern, where the price consolidates between upward sloping support and resistance lines.The price currently sits near the upper trend line, suggesting a potential breakout or reversal point. Triangle Formation: The green lines illustrate a symmetrical triangle pattern. This pattern forms when the price experiences lower highs and higher lows, consolidating towards an apex point.A breakout from the triangle, either upwards or downwards, typically indicates the direction of the next significant price movement. Volume Analysis The volume bars at the bottom of the chart show increasing volume during the recent upward price movement, which is a bullish signal. High volume often confirms the strength of the price action. Follow and share and tell me what do you think( part 2 [Key Levels ,Indicators , Potential Scenarios ] #BONK🔥🔥 #BONKfortune #BONKPotential
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$BONK Technical Analysis of Bonk Coin (BONK/USDT) The analysis focuses on identifying current trends, potential bullish or bearish patterns, and key support and resistance levels. Trend Lines and Patterns Ascending Wedge Formation: The blue trend lines indicate an ascending wedge pattern. An ascending wedge often signifies a bearish reversal pattern, where the price consolidates between upward sloping support and resistance lines.The price currently sits near the upper trend line, suggesting a potential breakout or reversal point. Triangle Formation: The green lines illustrate a symmetrical triangle pattern. This pattern forms when the price experiences lower highs and higher lows, consolidating towards an apex point.A breakout from the triangle, either upwards or downwards, typically indicates the direction of the next significant price movement. Volume Analysis The volume bars at the bottom of the chart show increasing volume during the recent upward price movement, which is a bullish signal. High volume often confirms the strength of the price action. Follow and share and tell me what do you think( part 2 [Key Levels ,Indicators , Potential Scenarios ] #BONK🔥🔥 #BONKfortune #BONKPotential
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