Metaplanet Just Moved Another $186M in BTC to Coinbase Prime... But Thereโs a Twist๐คช. The company, which has accumulated around 43,000 $BTC worth roughly $3.48B at an average purchase price of $96,191, deposited another 2,400 BTC, valued at around $186M, into Coinbase Prime over the past 4 hours.
At first glance, that might look like more potential selling pressure...
But wait. During the same 4-hour window, around 1,600 BTC also flowed out from Coinbase. So while a huge chunk of #BTC moved int...
$ETH rejected hard at the $2,520โ$2,535 zone and broke the rising trendline โ classic distribution setup.
Now hovering around $2,437 trying to find footing. Until price reclaims $2,445โ$2,500, the path of least resistance is down.
This is where patience pays. No need to force trades into weakness. Let structure confirm before re-entering. If you're holding long-term, this is noise โ macro thesis hasn't changed.
Watch $2,445 as the line in the sand. Above that, we can talk recovery. Below, exp...
$BTC ๐จ๐ฝ๐๐๐ผ๐๐๐๐: $201,810,000 ๐๐ก๐๐ ๐ฝ๐๐ฉ๐๐ค๐๐ฃ ๐๐๐๐จ ๐๐ฃ ๐ ๐จ๐๐ฃ๐๐ก๐ ๐๐๐ฎ ๐๐๐ฉ๐๐ง ๐๐๐ง๐จ๐'๐จ ๐จ๐ฅ๐๐๐๐
-
US spot Bitcoin ETFs posted the outflow on Friday as Bitcoin dumped to $77,580, per SoSoValue.
One day earlier, the same funds took in $242 MILLION.
ยฉ SoSoValue
When the crowd screams bottom, the smart money quietly sells the bounce.
$PORTAL /USDT - ๐ข SHORT ยท Conf 85%
Trade Plan:
Entry: 0.0143442 โ 0.0144158
SL: 0.0150755
TP1: 0.0138584
TP2: 0.0135106
TP3: 0.0129890
Why this setup?
- The 15-minute RSI is already at 27.51, which screams "oversold" to the masses. But this is a 4-hour trend setup, and in a downtrend, RSI can stay pinned below 30 while price grinds lower.
- The daily bias is a range, but the chosen direction is SHORT with an 85% confi...