Cryptocurrency market overview
📍BTC, to the delight of altcoins, continues to trade above $50,000. A small outflow from GBTC continues (-$174 million), and an influx across all ETFs for the day (+$340 million).

There are excellent pumps in alts, and in tokens with large capitalization, and I would not say that euphoria is in full swing. It feels like few people are selling, and large players and market makers don’t have enough liquidity for everything at once, so they pump out a couple of dozen medium coins in a day and move on to others the next day.

Today the pump took place in Terra. LUNC, LUNA2, USTC - everything has grown a lot.

Longs with leverage in BTC predominate, but less than would be expected from reaching such levels, because many are already mortgaging $60-70k. There is a bias in open interest, but not so critical that it is necessary to punish longs now.

Well, it will be $3000 for ETH, well, it’s hard to believe that it won’t. Very similar to November. When BTC is already at the highs of the year, but ETH is not there yet. Pumping up with ETH restaking is already a bright signal, buying and staking ETH is now extremely popular, many people are staking assets, the volume dynamics are similar to how PoS was launched.
  
✔️News
The macroeconomic backdrop continues to be gloomy:
- Hamas rejects truce offer > oil rises
- US retail sales report is scary
- US industry report worse than forecast
- forecasts for US GDP are reduced
At the same time, the stock market and the dollar index are fine today - quite strange.

✔️Basic scenario
There may be a slight correction; this will allow you to buy alts that haven’t pumped seriously yet.

✔️What's on today
Long the ETH infrastructure, with all the growth of ETH, the infrastructure at its peak will give more profitability.
SSV, LDO, if you believe in the growth of ETH, then buy it gradually, because the same LDO got hyped on re-staking and the prices are now inflated.

✔️Long UNFI is a slight plus.

✔️Idea for today long WOO
transfer of stop to breakeven after reaching $0.4242
stop: $0.3914
take: $0.4528

is not a trading recommendation
#cryptoreview
Cryptocurrency market overview 📍BTC, to the delight of altcoins, continues to trade above $50,000. A small outflow from GBTC continues (-$174 million), and an influx across all ETFs for the day (+$340 million).

There are excellent pumps in alts, and in tokens with large capitalization, and I would not say that euphoria is in full swing. It feels like few people are selling, and large players and market makers don’t have enough liquidity for everything at once, so they pump out a couple of dozen medium coins in a day and move on to others the next day.

Today the pump took place in Terra. LUNC, LUNA2, USTC - everything has grown a lot.

Longs with leverage in BTC predominate, but less than would be expected from reaching such levels, because many are already mortgaging $60-70k. There is a bias in open interest, but not so critical that it is necessary to punish longs now.

Well, it will be $3000 for ETH, well, it’s hard to believe that it won’t. Very similar to November. When BTC is already at the highs of the year, but ETH is not there yet. Pumping up with ETH restaking is already a bright signal, buying and staking ETH is now extremely popular, many people are staking assets, the volume dynamics are similar to how PoS was launched.
  
✔️News
The macroeconomic backdrop continues to be gloomy:
- Hamas rejects truce offer > oil rises
- US retail sales report is scary
- US industry report worse than forecast
- forecasts for US GDP are reduced
At the same time, the stock market and the dollar index are fine today - quite strange.

✔️Basic scenario
There may be a slight correction; this will allow you to buy alts that haven’t pumped seriously yet.

✔️What's on today
Long the ETH infrastructure, with all the growth of ETH, the infrastructure at its peak will give more profitability.
SSV, LDO, if you believe in the growth of ETH, then buy it gradually, because the same LDO got hyped on re-staking and the prices are now inflated.

✔️Long UNFI is a slight plus.

✔️Idea for today long WOO
transfer of stop to breakeven after reaching $0.4242
stop: $0.3914
take: $0.4528

is not a trading recommendation
#cryptoreview