Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
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Itโ€™s important for ETH to hold the 50% fib retracement level.
10,153 BTC ($909,865,400) transfered from Binance to Unknown wallet.
There are large sell orders placed for btc in the $91.5k- $92k range.
There is a major buying order for $ETH at $3k, while a major selling order is placed at $3.5k.
At the moment, largecap altcoins are in the spotlight. A significant amount of new money is flowing into XRP, ADA, SOL, and DOGE. Soon after this, it will be the turn of midcap and lowcap altcoins.
Coins that are undergoing such heavy accumulation are likely to enter a parabolic phase soon. The key point to note here is that these coins have neither broken their 6-7 month lows nor their highs, clearly indicating that they are being heavily accumulated.
Bitcoin is breaking out of its 7day consolidation range.
This time in Futures, but Binance can list it on the spot market at any time.