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#BTC is having a wild party today 🔥

#MATIC/USDT ANALYSIS MATIC has broken out of the symmetrical triangle pattern as evidenced by the weekly candle close. The 100-day moving average (MA) indicates a bullish trend. Additionally, it is poised to breach the Ichimoku cloud, signaling potential confirmation of a bullish rally.

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#BTC/USDT ANALYSIS BTC has achieved another strong weekly candle close above the horizontal resistance. The cluster of moving averages indicates a bullish trend. The MACD crossover signals bullish momentum. A continuation of the bullish move is expected from here or after a successful retest of the horizontal support.

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With #Bitcoin    breaking through the $52K region, the Short-Term Holder cohort responded by locking in a Net Realized Profit / Loss of +$647M, the largest since the 2021 ATH formation.

#VET/USDT ANALYSIS VET has broken out of the falling wedge pattern with decent volume. The Ichimoku cloud and the 100-day moving average indicate a bullish trend. A continuation of the bullish move is expected either from this point onward or following a successful retest of the horizontal support.

#BTC/USDT ANALYSIS BTC is appearing strong following the successful breakout of the triangle, accompanied by a bullish candle close. We can anticipate a continuation of the bullish momentum. In the event of a retracement, it is likely to retest the horizontal support level.

#USDT DOMINANCE ANALYSIS USDT.D has broken down and successfully retested the triangle pattern. Presently, it is breaking below the MA 200. A candle close below the MA 200 would signal bearishness for USDT.D and bullishness for the crypto market, as they exhibit an inversely proportional relationship.

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Top 10 by Market Cap ⚡ 1. BTC - $49,466 (-1.21%) 2. ETH - $2,628 (-1.53%) 3. USDT - $1.00 (0.15%) 4. BNB - $324.97 (-0.87%) 5. SOL - $111.27 (-2.20%) 6. XRP - $0.522 (-1.76%) 7. USDC - $1.00 (0.20%) 8. STETH - $2,627 (-1.46%) 9. ADA - $0.542 (-3.54%) 10. AVAX - $39.31 (-4.98%)

Myro short Entry- 0.0552 TP - 0.05257

BAKE/USDT long TP: 3% PRESET: 0.3316 DROP: 4%

#BTC/USDT ANALYSIS BTC is currently forming an ascending triangle, encountering horizontal resistance, and trading above the MA 50. It is positioned within the Ichimoku cloud. Additionally, the MA 200 indicates a positive trend. A decisive breakout of the ascending triangle would serve as bullish confirmation.

The final deadline for the Spot #Ethereum ETF is in 108 days!