Crypto currency At the time of the writing of the king of the king of $ 109,300 and the gains in the subcoins began to be deleted. Investors are uncomfortable with the absence of a new development to reduce the ongoing uncertainty about tariffs. Moreover, today’s powerful employment data underlined a little bit of optimism on interest rate cuts. Well Ethereum (ETH) $2,585.66 What is the current situation for?
Ethereum (ETH)
Finding buyers over $ 2,500 Eth It has not yet been able to exceed the desired $ 2,750 threshold. BTC price continues to go on over 110 thousand dollars and descend to investors who have paid the risk of taking risks for months remain timid. On the other hand, volumes have been weakened to a little bit because of the fact that we are in the holiday week.
Mister Crypto is one of the hopeful ones. The first signal came from him today, and he mentioned that the on-Chain mobility reached new summits, and the price will follow it. In addition to network activity, the news flow is also positive for Ethereum, which interacts with JPM, Robinhood, Shopify directly or indirectly with L2 solutions.
The second important signal is crypto currency He came from Quintenfrancois, one of the well -known names in his markets. Analyst said that the exposure sales were running to new records on the Ether front. However, as we all know, such positions accumulate in one direction motivate the market for the opposite direction. For a long time, while long -standing positions have not been able to see the accumulation in suspects, the decline in the ETHBTC parity for more than 1100 days, tells us that a huge wave of liquidation should be approaching.
Altcoin estimates
For more than 6 months of subcoins BTC We saw new bottoms in the parity. When the war, the risk of global recession, high tariffs, Altcoin investors who sell in every panic instantly dried the liquidity here. These tendencies and signals, pointing to the bottoms, say that there should be a recovery.
BTC does not make sense that Altcoins linger near the bottom points (many) of the last year while the BTC is running to the record of all time. Poppe shared the following graph in today’s analysis;
“Altcoin The market value is strengthened for a big jump towards the highest level of a new time. ”
The first target should be maintained for $ 935 billion and $ 783 billion for rise.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
