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@cryptoblender

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33 Followers

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Trump has essentially officially acknowledged crypto by launching his own meme coin on Solana. This boosted Solana, and now we’re in for an interesting PvP between Solana and Ethereum. Solana ETF approval is now just a matter of time. Regarding Trump’s coin and his wife’s coin: Trump’s coin will survive (for now, it’s in a pullback), but if the man doesn’t start promoting it on his socials, the coin will RIP. Melania$: there was a liquidity drain last night until morning. The chance for Trump’s wife’s coin to hold on is about 50/50. For now, it’s mostly sell-offs with very weak buybacks. Now about the liquidity he drained from alts and other meme coins. Where will it go? Some of it will likely flow into strong coins from past narratives: The AI sector. The "zoo," like Moodeng, PNUT, and similar. The key now is to decide which coins to jump into and carefully analyze what’s likely to pump next.

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All the meme are in blood, and it seems like they have all found the bottom.

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#btc It is not allowed to go beyond the orange line. After reaching 100-102k, I expect a correction and a shift of funds to other assets.

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Heading to 93k.

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Went to 92k, took everything. After the pullback, we should go to around 93k and take everything there. The orange line is the trendline; we can’t fall below it.

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Here's the question: Will this guy go straight to grab all 92k? Or will we first drop to the 85k region? If I’m not too lazy, I'll **ebanu** some blockchain data here — there’s a lot of interesting info.

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Gm It’s unclear when Bitcoin’s rocket will reach its limit. I’m waiting for a correction to around 85-87k.

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Gm Did Bitcoin decide to break 90k without any corrections? I’m waiting for a pullback to enter at the positions I'm interested in.

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GM I think a gradual correction in Bitcoin is starting, heading towards around 75,500. After that, it might be a good time to jump into alts that are also seeing a correction.

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Since the halving has already occurred by September 2024, the Bitcoin market may be in the growth phase that traditionally follows this event. The Fed's rate cuts are also helping to increase interest in Bitcoin as an activity. Given these factors, volatility is expected to continue, but the long-term outlook will remain positive, with the upward trend continuing.

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let's start writing here first

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what lies ahead on the road?

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Gm! The path to 55k seems wide open. Let the red September begin – let's see what this month has in store for us.

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Gm. For those out of the loop, this is a heatmap. It visually shows where limit orders are concentrated in the order book. In simple terms, the shades indicate where the money is, giving you a rough idea of where the market might move (keeping the news in mind).

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So, are we expecting a red September?

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The X Day for Kotaps starts at 18:00 UTC. Time to prove something or is it all over?

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Gm! Oh, what’s happening? Are they shaking out the boys? In the last 24 hours, $287 million in long positions were liquidated. If we break below 58k, panic will set in (hopefully, it won’t come to that). Looks like it’s time for the 59k-61k range.

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