Today’s growth of Bitcoin is driven primarily thanks to trade with a lever, we still have space for further declines, and the current trend number 1 does not have to be a long -term shot. I invite you to today’s live market analysis.
The hottest information from the cryptocurrency market
The last days have brought us a number of important information from the cryptocurrency market, among which the most important include:
Platforms of decentralized trade with lever break popularity records. Popular “Perp Dexy” are on top when it comes to their popularity on the Internet, among WEB3 recipients. This trend has gained strength in recent days, especially in the face of the success of Aster tokens and the Avantis project.
Personally, I think that the valuations of the Aster token can be exaggerated, therefore their Airdropic opportunities in exposure to this ecosystem (yes, developers have already announced the intention to create their own blockchain network) he sees in the exploration of their native Stablecoin, USDF. Stable and safe, in the face of a “dangerous” still project.
Asterdex is even trying to throw gloves for a giant such as Hyperliquid, but despite the temporary hype, in practice this does not mean throwing a hoe at the sun?
Solana does not slow down, Jupiter as the most popular Dex stock exchange releases its mobile application. Personally, I still have JUP tokens in staking, and I believe in the medium -term success of fundamental projects based on the Solana chain. Officially, the output of the Jupiter Mobile Stock Exchange is a good time to modernize your trade model, based on the use of tools such as a smartphone, which allows easier swaps and tracking your portfolio. For 1000 “richest” users, about $ 100 on a wallet will soon fall into Airdrop.
Elizabeth Warren (again) accuses the president of the president! The American Senator Warren accuses the entire Trump family of foreign cryptocurrency connections known for its strict approach to cryptocurrencies, which bring significant benefits of one of the most famous family family. According to the Senator, some of Trump’s actions that use his presidential position are in a dishonest way to lead to market advantages and personal benefits on the digital assets market. Only that it’s probably hard to disagree with this time?
The Ethereum ecosystem records a new ATH in the Stablecoin inflow! The key network and progenitor of the DEFI industry does not slow down and records a record level of Stablecoin supply in the amount of USD 181 billion! The profits of the Ethereum application on the Ethereum chain have exceeded USD 43 million, and what is important, they have been at a high level for a long time, which shows that we can no longer talk about a short -term hype in this matter.
ETFs lose! Did institutional clients doubt cryptocurrencies? The only right answer to this question is unambiguous. Institutional clients gradually realize their profits, but in practice they significantly increase their cryptocurrency resources over time. Whales also do not continue in recent days of strong sales pressure, while stock market manipulations are primarily responsible for the last strong corrections. Although yesterday’s outflows from ETFs may suggest that the sentiment of the market has deteriorated a lot, in practice I treat it as a temporary, completely natural correction and the opportunity to enter the market for the late.
What does online data tell us about the market condition?
On-chain data is in the case of the cryptocurrency market an inseparable and extremely valuable way of analyzing individual capital flows, price movements and moods of large players. During today’s analysis, I proposed the use of the Kingfisher platform as a method of identifying Bitcoin price ranges, by analyzing the so -called Liquidation maps.
The liquidation map indicates the BTC chart of the place of the largest influx of capital, potentially obtained from the liquidation of short and long positions. It is a good method to support the identification of potential outputs or exit.
During subsequent analyzes I will continue this thread, discussing, among others, issues such as Funding Rate or Open Interest.
Technical analysis of three selected cryptocurrencies
In voting on our telegram group you decided that at today’s analysis I should take on BTC, ETH and ARB wallpapers. For this my conclusions:
Bitcoin
Bitcoin reacted well to the medium -term trend line and a test of the previous local summit, which is often significant support for the price at later corrections. Today’s increases were primarily motivated by trade with the lever, which gives me the prospect of visiting the support zone 108,000 – 110,000 USD. The level of USD 109,000 coincides with the important place of the liquidation map, which I mentioned earlier.
However, I do not rule out that we can visit USD 116,000 before, which can be resistance for the price. His strong breakthrough and confirmation will be the invalidation of the inheritance scenario in a short term.
Ethereum
In my opinion, Ethereum does not show any signs of weakness. His Monday decrease resulted from the broader dynamics of the cryptocurrency market and is a natural correction after determining new historical maximas only a dozen or so days earlier.
Zone 3900 – 4130 USD is a good place for short -term accumulation of ETH token. I do not expect the loss of this zone, but such an eventuality would mean the takeover of the bear’s initiative.
Arbitral
The native token of the arbitrum network, i.e. ARB, has long left my interest. In the face of strong competition from other layers of the second, and significant divorcement of capital on the cryptocurrency market, I do not see Currently greater possibilities for strong price increases of this assets.
If I were to look for any position here, this place of her class would be marked on the chart zone, which is close to losing. In a medium -term perspective maximum The $ 1.25 level should be credited to the profit.
These are all the tokens that I analyzed on today’s live. If you liked this content, don’t forget to write a nice comment on social media. For those interested, I put all the material from today’s analysis. See you soon!
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