Spot Ethereum ETFs Post Record Performance in November
In November, spot Ethereum ETFs in the US raised $622 million, the highest amount for such ETFs since their launch in late July.
This significant growth demonstrates the growing interest of investors in cryptocurrencies and confirms that spot Ethereum ETFs are becoming increasingly popular instruments for diversifying investment portfolios.
Analysts expect capital inflows into spot Ethereum ETFs to continue to grow in the near future as more institutional investors begin to consider cryptocurrencies as part of their portfolios.
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Just got back, and I’ve got some tea to spill. ☕️✨
Sir @masterkamote_ asked me, "How did you get into @daoric_io ?" 🤔
I told him that a friend of mine joined DAORIC first through their Pixel Guild. My friend invited me, and I joined to play Pixel and enjoy the vibes here. 🎮💫
Now, I can’t help but wonder—what would my life be like if I hadn’t joined DAORIC? 🤷♂️
I wouldn’t be here sharing this, wouldn’t be playing @AuroryProject or @BattleRiseGame , and wouldn’t be making content. I’d probably just be going to school every day, eating, sleeping, and repeating the same routine. 📚🍴💤
I’m so proud to be part of this community and grateful I took this path. 💖🙌
Someone gave me some X's (#ORCA) 😁
The position has already taken the first take profit for sale and is trading at +125% (in just 2 months of holding)✔️
Half of my coins were sold at $3.51 in a limited edition and some can now be sold at market price.
I think we can hold the rest until $4.87. There is a second limit for sale there.
May everyone have a profit! 🚀
It seems like ETH/BTC bottom is already in
◽ RSI bounceback is similar to 2017, Donald Trump holds and praises #ETH.
◽ And most importantly, it's very undervalued.
IMO, the time for ETH/BTC and ETH to catch up with the market has now begun.
𝗕𝗧𝗖 𝗧𝗼 $𝟵𝟬,𝟬𝟬𝟬 𝗕𝘆 𝗗𝗲𝗰𝗲𝗺𝗯𝗲𝗿?
◽ This analysis is completely based on the 2023 rally.
◽ $BTC is perfectly mimicking the Q4 2023-Q1 2024 rally.
◽ Consolidation till Q3, followed by a pump in October
After that, the real pump started, which is the same case now.
By popular demand, I am doing a more detailed analysis of #ETH
On the logarithmic 1W timeframe, a clear Elliott wave structure can be seen, which has already begun to develop a (V) impulse wave.
All the rules are observed in this case, taking into account the formation of a long (III) of 5 subwaves and a correction through WXY within (IV) (perhaps there is ABC - you need to look at the younger TFs, but this will not change the essence).
As a result of such a scenario - expectations of progressive growth in the area of 1.618 Fibonacci level (~5280$) and a mass "resurrection" of the alto market
Good morning everyone, friends.
In my opinion - Bitcoin looks quite dangerous now as it is forming a wedge under massive bearish divergences on 1H and 4H timeframes,
Its dominance at this time continues to decrease in periodic impulses, but it has broken its bullish divergence, so it is not necessary to expect a rebound on it.
In recent days, Alta has often given systematic impulses downwards by several percent, which I try to take, waiting for the outcome of the wedge marked on the chart.
Someone gave me some X's (#ORCA) 😁
The position has already taken the first take profit for sale and is trading at +125% (in just 2 months of holding)🤡
Half of my coins were sold at $3.51 in a limited edition and some can now be sold at market price.
I think we can hold the rest until $4.87. There is a second limit for sale there.
May everyone have a profit! 🚀
Good morning everyone, friends.🤡
#ETH has finally woken up after a protracted depression and is growing quite dynamically (even in a pair with #BTC it showed a dynamic rebound of +9.5%).
This is happening against the backdrop of a 25 bp Fed rate cut and a fall in Bitcoin Dominance, which failed to gain a foothold above the key resistance level of 60.5%, which is very important for the alto market.
The altcoins themselves from the NON-top-10 echelon are growing quite slowly for now, but are still trying to catch up with Ethereum, which has once again returned to the position of performer of the alt market.
Everything is slowly falling into place ✊
There is so much evidence that we are at the start of a real bull run that it is scary.🤡
The ground for the start of mass reactive growth is, in fact, ready only for altcoins, which are still in a depressed state.
On the other hand, a ~two-month rally of Bitcoin to $100k is also possible simply because no one is ready for it.🤡
The market is psychology . And most often it is a reverse one .
$PONKE - as an idea on SPOT🤡
After listing on ByBit, the coin has been trading within an average horizontal channel and recently, by the way, at increased volumes.
Of course, there is also a scenario with a rollback of -30 - 40%, but I still bought half of the working volume at the current prices.
I'll get half in case of correction to $0.30. I'm not taking a stop. I'll hold, because I believe in the performance of meme tokens.
I don't set any goals, but I estimate the potential to be around +150 - 200% from the current ones (and with a correction it will be even more). I'll let you know about the fixations.🤡
Good morning everyone, friends.🤡
Bitcoin continued to rise yesterday afternoon, contrary to my expectations of a shakeout after the US elections.
This allowed the price to move above the key limit resistance zone of $72,700 - $73,700 and consolidate there.
During the current local correction, even Domination flew down by almost -1.2%, so #TOTAL3 also grew quite well.
But it feels like it will be re-performed by #SOL together with #BNB, because the rest of the alts in general have not grown so dynamically in a day🤡
Just when you think the meme coin craze is over, another one pops up and takes the internet by storm! 😂🐶 Are you in on the next big meme coin, or are you just watching the chaos unfold?
#runes holders especially $PUPS and $DOG what is your take on the matter?
Did the $PUPS team did the right thing by closing migration after a specific amount of time? 8% of total allocation ain’t small. I have my opinion but would love to have your thoughts down below 👇👇