Blockchain Bulletin:

In the last 24 hours, the #crypto market witnessed a liquidation of $119 million, affecting over 55,000 investors.
73% of these liquidations were from long positions, with ETH being most impacted.

The biggest loser is BONK down 21% in the past 24 hours, while Notcoin pumped by 29% in the same timeframe.
Panic selling seems to be taking place right now, but I don’t expect it to last long. The market is flushing out the weak hands.

Bitcoin sees an important support level approaching where it must hold the support of $66-67K to avoid further downwards momentum to $60K.
BTC could technically consolidate for another two months within the current range without affecting its trajectory. In fact, the longer the consolidation, the healthier the eventual breakout will be. We’re just building the ground for $130k+ in the coming months.
Ethereum ETF likely going live end of June and I expect a slow upwards momentum until then.

The Fear and Greed Index is still in a “Greed” zone, up 6 points from last month’s 67.

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⚠️ DISCLAIMER ⚠️

The information contained in this video is for informational purposes only. Nothing herein shall be construed to be financial or legal advice. The content of this post reflects solely my own opinions. Purchasing cryptocurrencies poses considerable risk of losses.

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