China has cut its holdings of United States Treasuries to around $683B (lowest since 2008) and is shifting reserves toward gold ๐ช
๐ ~ $115B in Treasuries reduced in 11 months ๐ 15 straight months of gold buying by the Peopleโs Bank of China ๐ Other BRICS nations also reducing USD exposure
๐ Message: Some analysts see this as de-dollarization and a global reserve shift.
โ ๏ธ If this trend continues, it could bring volatility in stocks, bonds & crypto.
Smart move right now: Stay diversified, manage risk, donโt FOMO.
(For awareness โ not financial advice) ๐ $ETH $BTC
Ethereum is now currently trading around $2100. It has already broken out of the Cup and Handle pattern, which is a bullish pattern. So, the possible scenario is that, according to the pattern, we can see bullish momentum, and the price can go towards the upper resistance zone. Keep an eye on it and stay tuned with us for further updates.โ๏ธ$ETH
At resistance now, but let's see how the bulls can react here. Very good trade so far on ZEC. I would like to see $326 hit if we can continue the uptrend $ZEC
๐จ Bitcoin Update: ๐ A key Bitcoin metric shows BTC is one of the most undervalued since Mar 2023 โ a sign the recent dip may be nearing a bottom. ๐ This doesnโt guarantee a bounce, but historically such lows attract buyers.