Fed minutes It will be announced after a few minutes and Trump continues to share new tariff rates. The deadline for the reconciliation was postponed once again and was August 1st. It’s time to believe half of Trump’s saying. Ethereum $2,627.60 on the rise and Penguin recovering. Swissblock argues that this time is different from the others.
Ethereum rise
Eth He started to target $ 2,700 again and naturally began to say “I wonder”. We have been waiting for a real bottom movement for ETH for a long time, and the losses in the ETHBTC parity have been going on for more than a thousand days.
Swissblock said that the rise of ETH in today’s assessment is different from the other this time.
There was a similar return in early May, and since the bottom point on April 7, we have seen one of the first real Altcoin rises. Breast coins were effective here. It was also a good signal for recovery in the risk appetite of breast coin hype. BTC He was strong at that time.
So what’s the difference today?
“Entrance to ETH is increasing; the narratives of the Ethereum ecosystem gain momentum → BTC’s power decreases and the consolidation process continues.
ETH is performing relatively better. The next 72 hours are very important. If Eth remains strong, this may be the real start of the Altcoin season. ”
If he is right, we can call him the herald of Altcoin bull, but we have seen the analyst that has been so wrong about it for months.
Pengu and BTC
One of Sherpa’s favorite subcoins Penguin On the agenda again. Analyst is waiting for another rise in the scenario of BTC’s AC. A decline towards the 0.0125 zone, the 4 -hour graph can give a good entry opportunity next to 200ma, the analyst reiterated the expectation of strong rise in the long term.
Anbessa draws attention to the symmetrical triangle for BTC in the short term. The protection of this threshold is positive, as it will indicate that breaking below 107,500 dollars. Anbessa wrote that the real summit would be seen with a new movement over 115 thousand dollars.
BTC The article finds buyers at 109.200 dollars at the time of preparation. NVIDIA Today, he tested the 4 trillion dollar threshold with the news “AI Browser is coming”. For the first time in history, we saw a share that tested this threshold.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.