Total Market Cap - Update

We are finally seeing signs of potential market recovery. We hit support of $1.1 trillion and we are targeting now $1.5 trillion.

The bear market is still in, but we can see a week or two of green action in the market 🚀

SOLANA LONG

Entry: $46.70

Stop Loss: $41.80

Target 1: $54.50

Target 2: $59.50

Solana is creating profitable trade setup. We are entering this trade with stop loss at $41.80

Good luck 🚀

Bitcoin creating bullish engulfing on daily timeframe 🚀

Are we finally getting a relief rally towards $33 000 and maybe a bit higher?

Do you think we will get green weekly candlestick this week after 9 weeks of bearish momentum?
anonymous poll

Yes, it is time for some green days 🚀 – 113
👍👍👍👍👍👍👍 70%

No, we are going down 📉 – 48
👍👍👍 30%

👥 161 people voted so far.

Message @FutureCryptoXXX if you want to be part of Premium Club 🚀

30-Day Correlation between BTC and ETH

Waiting for US stock market to open after 3 non-trading days

UK seeks to regulate stablecoins after UST crash

The UK government has reportedly proposed additional safety measures to be implemented to prevent major damage to future financial stability from stablecoin collapses.

In particular, the government wants to provide more power to the Bank of England so that it can oversee the administration of failed stablecoin projects.

The ministry has proposed to modify the "Financial Market Infrastructure Special Administration Regime." FMI SAR would become the major default framework for handling failed stablecoin projects. Thus, should a collapse of a stablecoin be evaluated to threaten financial stability, the project that minted it will access special insolvency arrangements. Besides, the amended legislation would ensure that the failed project would make the interests of the suffering investors its priority.

DOT Long

Entry: $10.20

Stop loss: $9.95

Target 1: $10.80

Target 2: $11.35

Target 3: $11.90

Scalp trade in Premium group in profit 🚀

What is your opinion on Luna?
anonymous poll

I am not looking at that coin, it is dead project for me – 140
👍👍👍👍👍👍👍 57%

I don't care about Luna anymore – 62
👍👍👍 25%

I am in, I think it can recover – 44
👍👍 18%

👥 246 people voted so far.

New war is coming, markets are going to get volatile again, be careful

SOLANA network halted 12th time this year

Market indecision continues. Until we get more action in the market, let's make Q&A.

Send me your questions to @FutureCryptoXXX

THe whole market if waiting for US inflation report today.

This information will definitelly cause new volatility in the market.

Let's see how new report will affect the markets

⚡️US inflation jumps to 8.6% in May, the highest since 1981

Historically Bitcoin price never stayed below the 200W Simple Moving Average (SMA) for more than a week.

Weeks 9/3/20, 10/12/18, 17/8/15, 12/01/15 all had wicks through up to 30% below with a bounce in the week(s) to follow.

📍 FOMC Week

Recent employment and inflation data points have given the Fed no reason to pivot from their hawkish stance that has forced widespread risk-OFF since November '21

Currently the market gives a 96% probability that the Fed delivers a 75bps hike on Wednesday.

Estimated leverage on bitcoin continues to grow and already looks menacing.

The next momentum could wash away a huge number of margin traders and draw a giant candle.

Be careful 🙏

🐋 Bitfinex whales are actively gaining longs.

More than 100,000 BTC open - a historical record. Only 3,000 BTC are open in shorts.

👉🏻 Longs started gaining back in early May, when the BTC  price was around $30,000.

Reason why you are not buying at this generational opportunity level is the same why you did not sell at 60K: greed & fear.

Greed because you think that you can time the absolute bottom.

Fear because you think it can drop further.

Forget about tops and bottoms, focus on strategy. 🙏