๐ฆ An ancient whale sold 2,250 $ETH for $4.15 million.
This whale had been inactive for three years. The coins were acquired over 8 years ago at an average price of around $489 per #ETH.
Most of the liquidity is at $61,000.
That's where I'm actually looking to go long, but if we blow through to the downside, then it's $57,000.
Too risky to be in longs right now.
๐ Instant Noodles Have Outpaced #ETH ๐
Five years ago, $ETH was worth $4,200 โ today it's around $1,850.
Over the same period, instant ramen went from $0.25 to $1.29 (+416%).
๐ Weekly Update
The market closed the past week without a clear direction. We saw a retest and once again encountered the identified resistance. Consolidation is currently underway, and it's important to see a breakout above $66,000 or below $61,500 in the near future.
โก๏ธ #Polymarket has announced Perps markets โ leveraged trading.
For now, only a limited number of markets are available for leveraged #trading โ mostly crypto and indices.
๐ The #Fibonacci correction zone of the cycle has risen above the 78 level.
Technical analysis of past cycles shows that this often heralds the start of a strong bullish trend, analysts note.
โก๏ธ U.S. and #Iran at Odds Again
Effective July 7, the U.S. is revoking permits for all dealings with Iranian oil.
At the same time, #Washington has accused Iran of a new attack on tankers in the Strait of Hormuz.
Against this backdrop, #Brent crude rose above $75 per barrel
โ ๏ธ Market Showing Downward Movement
The market has started to move lower and is attempting to shift the structure toward a bearish continuation. Don't rush into opening long positions; keep an eye out for short-selling opportunities.
$BTC has closed 7 red monthly candles in this cycle.
In previous cycles, the bottom only formed after 9 losing months. Many believe the current correction is not yet over.
๐ก The #Saylor Indicator: 2022 vs 2026
2022: Saylor sold shares for dividends, and $BTC hit a bottom.
2026: Saylor has once again sold shares for dividends, and #BTC is rising again.
๐บ๐ธ #Trump: #Short#Sellers Are Getting Wiped Out
"Some guys decided to short the #market, and now they're in trouble. They're getting completely swept away," Trump noted.
The #hamster coin is back in action!
The price of this cryptocurrency jumped 40% in just one day.
Remember those times when the whole CIS was watching the hamster and hoping for a better future? ๐ซก
#hamsterkombat