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kizoki _Yz
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#Bitcoin whales are massively accumulating $BTC #KeepBuilding
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kizoki _Yz
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"Top 6 Strategies to Earn Free Cryptocurrency in 2024 Using Binance"
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⚡️ Spot Ethereum ETF is officially approved by the SEC after all At that: ⛓Form 19b-4 approved all issuers at once. ⛓Next is required to approve Form S-1 before ETFs can be publicly traded on the stock market. ⛓On according to a Bloomberg analyst, the S-1 approval "will take a couple weeks, but could take longer." Shorter approved, now harmonizing🤝🤝🤝 $ETH $PEPE #ETHETFsApproved #FIT21
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The reason why the SEC passes the Ethereum spot ETF is mainly due to the correlation between CME Ethereum futures and certain spot Ethereum trading platforms. Most of the SEC documents provide data evidence of high correlation, and the monitoring and sharing agreements of CME and others can help prevent fraud and manipulation. $ETH $PEPE $NOT
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#BTC/USDT ANALYSIS BTC was rejected at the horizontal resistance of the ascending triangle. Currently, it is trading above the Ichimoku cloud. A bounce from the Ichimoku cloud and a decisive breakout from the ascending triangle would confirm a bullish trend. Until a solid breakout or breakdown occurs, further movement within the triangle is expected. $BTC
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We see that Bitcoin and Ethereum have started to react to the news of the Ethereum ETF and the Federal Reserve's statement showing a lack of confidence in the possibility of lowering interest rates soon, as inflation remains above 2%. Additionally, there are many people and investors who buy the rumor and sell the news regarding Ethereum investment funds. The greed ratio in futures contracts has increased, and people have become more optimistic. There will be a high phase of volatility and liquidation of open long contracts. Also, Bitcoin dominance has shown a MACD indicator of decreasing selling pressure, and the stochastic RSI indicator is at its lowest levels, indicating an imminent rise in Bitcoin dominance and a drop in Bitcoin and altcoins. The key points we have are: - Bitcoin to 63,710 - Ethereum to 3,352 - Bitcoin dominance to 54.72% The plan is not to wait for the drop but to strengthen your investments and trades with the DCA strategy so that your positions are solid. DCA protects you from missing opportunities or the market turning against you. $ETH $BTC $FTM
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