alexander
@alex144
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๐ฅ Ethereumโs Price on the Edge! ๐ฅ The $1,815 support level has become a make-or-break point for ETH, with traders holding their breath as this pivotal zone could decide the tokenโs next big move ๐ or a painful dip ๐. The battle between bulls and bears is fierce, and every tick near this level feels like a high-stakes showdown! โ๏ธ๐ฅ
Right now, Ethereum is dancing just above crucial supports like the 50-day EMA at $1,857 and fib levels around $1,494, while resistance looms near $1,927 and beyond, with the all-important $2,200 mark still out of reach. The RSI at 56.64 and a positive MACD hint at growing momentum, but the pressure is mounting as volume dips, signaling a tense squeeze ready to explode any moment โก๏ธ๐ฅ 0 reply
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๐จ Strong Opposition Emerges Against the GENIUS Act! ๐จ On May 3, 2025, a powerful group of ten U.S. senators-including Senator Ruben Gallego-issued a joint statement firmly opposing the latest version of the GENIUS Act, the proposed stablecoin regulation bill, citing serious concerns that have sent shockwaves through the crypto and financial communities โ ๏ธ๐ฅ.
These senators, who notably included four Democrats (Gallego, Warner, Kim, and Blunt Rochester) who had supported the original bill earlier this year, are now raising red flags over critical issues such as insufficient anti-money laundering safeguards, national security risks, and vulnerabilities in protecting the U.S. financial system ๐ก๏ธ๐ฅ. Their united stance highlights fears that the current billโs loopholes and ambiguities could expose the market to manipulation and foreign threats, putting both investors and the broader economy at risk ๐๐ 0 reply
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