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$SOL is now trading around $83.60. It has already been rejected many times from a resistance trendline and is now forming a cup and handle pattern.
So the possible scenarios are: if the price pumps from here and breaks above the resistance trendline, then we may see bullish momentum. Otherwise, if the price rejects from here, then we may see bearish momentum.
Keep an eye on it and stay tuned with us for further updates.
💳 Wirex and Utorg just partnered to bring global crypto spending to over 2 million users. 🔐 The integration features non-custodial design, meaning you spend while keeping total control of your keys. 🌍 It unlocks instant crypto-to-fiat conversion across 80M+ merchants using Apple and Google Pay.
Why it matters: Most crypto debit cards force you to lock your funds in a centralized platform, exposing you to counterparty risk. This new integration uses Banking-as-a-Service (BaaS) to let you spend directly from your self-custody wallet, merging true DeFi ownership with everyday real-world utility for assets like $USDC .
Will you use a self-custody crypto card for your daily purchases, or are you still waiting on the sidelines? 🤔
Michael Saylor’s firm just hinted at more $BTC purchases, despite their position being down 11%. Institutions can afford to ride out massive unrealized losses because they have billions in capital.
Retail traders must be careful 🛑 Blindly copying whale moves without their risk tolerance can lead to trouble. Whales play the decade-long game. Always manage your own risk and never invest money you might need in the short term.
Do you track whale wallets to plan your entries? 🐳
Strategy just bought 4,871 $BTC for $330M, bringing their overall average cost to $75,644 per coin.
Right now, their Bitcoin is worth less than they paid, creating a massive "unrealized loss" on paper. But because they do not sell, the loss is not locked in! They simply keep buying to average down their entry price during this market uncertainty, showing pure conviction in their long-term thesis.
Does seeing huge paper losses make you nervous, or is it just part of the cycle? 🧠