Crypto market pumping hard 🚀

in #hive-197685last month

Good evening to all my friends. I hope you all are doing well. I am having a fantastic day. I know you all feeling really good because market is on full bull mode. Bitcoin has crossed $80,000, with a 40% recovery in the last week, reaching $83,200. Many investors are uncertain about which altcoins will start pumping. Large-cap coins like Bitcoin, Ethereum, Dogecoin, and Cardano are seeing significant growth, indicating money is flowing into them first. Typically, money flows into large-cap coins first, then mid-cap, and finally small-cap altcoins. Many investors make the mistake of selling their altcoins to chase pumps in other coins, but later realize they sold too soon while their coins continued to rise.

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Bitcoin now hit $84,000, and I previously predicted it could reach $88,000. We need to monitor stablecoin deposits on exchanges as they can provide clues about price movements. Bitcoin's CME gap between $78,000-$78,700 is also important, as gaps tend to fill 90% of the time. But be cautious if you're trading with leverage. As for Ethereum, it recently broke its 50% Fibonacci retracement at $3,100. If it holds this level, it could rise towards $4,000, like it did in March 2024. Ethereum's historical patterns suggest it could see parabolic growth after confirming a second higher low. We're entering the final phase of Ethereum's cycle, and a big move could be coming soon, potentially pushing Ethereum to $5,000. Hold your positions and avoid chasing pumps. That's it for today. Here's the latest update video of crypto market. Thanks & have a good day!!

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