In the past 1 hour, nearly $500M was liquidated (95% were long orders). The reason is FUD about the SEC rejecting BTC ETF applications in January.

However, it has not yet broken the 40K hard support, the price has now retreated quite strongly. #BTC  #BitcoinETF

9% of the Bitcoin supply has never moved since it was mined —a large portion of which is believed to have been mined by Satoshi in the early days of Bitcoin’s history

BLACKROCK ETHEREUM ETF APPROVAL SHOULD PUSH ETHEREUM OVER $10,000 WITHIN 2 MONTHS OF APPROVAL

#Altcoins are about to embark on a massive leg higher.

Hold on tight, and enjoy the ride.

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$PEPE has entered the top 20. 🐸

$PEPE priced in $BTC has been pushing ATHs non stop for a while now.

BlackRock's Ethereum ETF is listed on the DTCC under ticker $ETHA

The #SEC has approved 8 Ethereum ETFs: BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton.

This is a grand day for #Ethereum.

A shallow pullback does not change the long-term outlook.

#Altcoins are following the 2020 playbook to the dot.

Won't be long until they're zipping higher.

Bring on new highs.

$ONDO just hit a new ATH, and it has been the strongest coin by far since the $ETH ETF approval.

A clear sign that #RWA coins are getting strong bids.

Market seems to be over-hedging $BTC. Lots of shorts came in the past 24h.

ETH is the best performing L1 in the last 7 days.

Followed by Aptos $APT.

#Bitcoin's symmetrical triangle pattern points to a potential breakout towards $75,000 in June.

$ETH has trended upwards with this 25% push and is looking for a higher low.

Expecting an approval of the S-1 documents later this month and a stronger upwards trend to continue.

Looking very strong.

Spot #Bitcoin  ETFs see $886.6M of inflows Tuesday, helping to drive price above $71k.

~$300m liquidated in the past hour, mostly illiquid altcoins.

#BTC was rejected at $72k and dropped by just 4%. Altcoins saw a massive capitulation of 10-15%.

So far, BTC has failed 4 times to break above $72k. The 5th attempt will break it and run towards $77k - $82k.

Overall, #Bitcoin is Bullish 🚀 as long as there is no daily candle closing below $66.6k.

In June 2019, #ALT / #BTC  pairs capitulated to the range lows just before the Fed cut interest rates.

We find ourselves at a similar spot in June 2024.