$LINK is at really critical resistance. If this trendline breaks I expect it to run till $14 first. Then we'll see again.

JUST IN: Tron founder Justin Sun proposes a DAO to help free Telegram CEO Pavel Durov after his arrest and says he will donate $1,000,000.

$BTC $TRX $TON

In long term $TON looks very bearish for now. As long as it stays below moving average the target will be $4.

$BTC $ETH

The $TON coin has been following the trend of the moving average by correcting to the moving average after each dump. At the moment, I think that $TON , which can go up to $6.40, will remain in a downtrend unless it breaks the moving average.

$BTC $ETH

As long as $BTC stays above moving average ($64.125) I expect it to hit $67k. If it drops below moving average I would go to selling side.

#Ethereum has been in negative territory since the #ETF was launched. This gap will close. So my target is $3000 for now.

There is nothing easier than trading just by looking at ETF gaps.

$ETH

China's M2 money supply growth slightly exceeded expectations, signaling continued economic activity. Good for general crypto, especially $BTC .

Crypto Market Faces Increased Hacks

Crypto prices have been experiencing a surge in recent months, with hackers increasingly targeting centralised exchanges rather than decentralized finance networks. This trend has led to a significant increase in the value of funds stolen in crypto heists, which nearly doubled from 30% last year to 40% this year. The concentration of assets and potential increased threat of hacks may have long-term consequences for exchanges, as insurance companies may demand more safeguards from exchanges and regulators may set out explicit minimum standards for the crypto market.

Circle Financial, operator of the USDC stablecoin, has proposed a capital framework for stablecoins, deposit tokens, and tokenized cash to safeguard against financial shocks, prevent runs, and boost customer confidence. However, some argue that stablecoins can't have runs as people don't rush to withdraw their cash from safe and unleveraged balance sheets. The authors argue that trading generates a secondary market price, making the issuer more susceptible to runs.

The Great Global Market Crash of August 2024 has also had an impact on crypto prices, with bitcoin down 11.4% and Ethereum down 20% in the same period. The S&P 500 has seen a retracement, while Nvidia has seen an 18% increase. The real outlier is crypto, with bitcoin down 11.4% and Ethereum down 20%.

The market may not yet have worked out how to position itself around the election, but crypto could end up being one of the markets with the strongest reaction to the outcome of November's vote. As crypto prices become subdued, it is likely that the market will continue to face challenges in maintaining its position in the crypto market.

$USDC $BTC $ETH

#USDC✅ #Circle

The crypto space continues to attract attention with high-profile figures like RFK Jr. and discussions around policy adjustments by the Federal Reserve, suggesting an ongoing integration of cryptocurrency into broader financial and political discussions.

$BTC $ETH $SOL

Companies like BitDigital are expanding into AI and high-performance computing, indicating a broader application of blockchain technology beyond just cryptocurrency.

$FET $NEAR $ICP

China has taken a hard stance against crypto transactions, labeling them as money laundering, which could push crypto activities offshore or underground within China, affecting the global crypto market dynamics.

$BTC $ETH

#china #ChinaCoin #ChinaCrypto

Looking at the altcoin market cap to $BTC ratio, it is seen that it has declined to the support level. As long as there is no candle closure below the support level in the monthly time interval, I expect an upward reaction until the end of the road. This reaction will be the reaction that will move altcoins up.

When I look at $ADA technically, what I see is the intersection of the moving average and price action resistance. So the $0.45 level is definitely a hard resistance. Looking at the price of $ADA relative to $BTC , it looks like it has come to its historical average. So this means that we are very close to a breakout from the average. If the $0.45 resistance is broken, I think the run will begin. Unless it is broken, $0.24 is my support level.

The critical level for $AVAX is around $32. Breaching this level will mean that Avax will enter the uptrend again. In case of rejection from the resistances and continuation of the downtrend, the level to be considered should be the $21 support.

#BinanceBlockchainWeek #SahmRule #BlackRockETHOptions

#Bitcoin hold the moving average in weekly timeframe very well. As long as it stays above moving average I'm bull side.

$BTC #MtGoxRepayments #BinanceLaunchpoolDOGS

Following the announcement of Sony's new cryptocurrency partnership with The Graph, $GRT gained about 15% and hit the downtrend follow-through level. If GRT closes above $0.175 on a daily candle, this is a positive signal and my target will be $0.20.

$BTC

FTX has secured over 95% of creditor support for its reorganization, hinting at potential recovery or restructuring efforts within the crypto exchange sector.

$BTC $ETH

I hold some $FET in my pocket. That's my strategy about it. If there's breakout over $1.18 (daily candle close) I would expect it to run till $1.65. If it rejects from the trendline that would be opportunity to buy more.

Since FET is much cheaper compared to $BTC right now, I see a big gap that FET can close.

In a stunning display of financial acumen, the Ethereum Foundation has chosen the perfect time to sell off its $ETH holdings, precisely at the moment when ETH hits multiyear lows against $BTC .

Now we're talking. $BTC broke the most crucial $62k level. Daily close above that level means confirmation of new run. Weekend starts well.