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But oh, the irony! In Ethereum’s case, a single $600 million ETH withdrawal flipped the script faster than a revolutionary pamphlet. Instead of a clean cooldown, it ripped open the veil, exposing the hidden fragility of Ethereum’s DeFi stack—a fragility as glaring as a capitalist’s greed. 🤑💔
After being a total show-off through mid-July, with Ethereum strutting around like it owned the place, it did hit a bit of a snag earlier this week. You know, peaked at $3,860 (cue the confetti) and then promptly decided to correct itself to $3,640, like a toddler who refuses to share their toys. And yes, it broke that channel, the climb-o-matic path that guided our dear ETH all the way up, but fret not folks, it’s still standing strong above important support zones—like that’s supposed to make us feel better or something. 🤷♀️
Behold, the 61.8% Fibonacci support level—a sacred relic in the temple of trading. Traders now watch like vultures, hoping FLOKI will rise from its ashes and flirt with higher heights. Will it? Only time will tell, or perhaps the market’s whimsical mood. 🪄
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Seriously though, we’re talking about a potential 111% increase for Bitcoin and a staggering 179% for Ethereum from where they are now. Half a year! Everyone’s watching to see if this is a stroke of genius or a particularly expensive hobby. 🍿
This inscrutable analyst, known only as Capo—perhaps an allusion to some arcane leadership—has bestowed upon his 129,129 Telegram followers (quite the audience!) a warning: Solana faces resistance at the exalted heights of $200, with a drop of over 68% looming ominously like a thundercloud overhead.
Lo and behold, GALA’s price action has stumbled into the realm of correction after a grand rejection from the value area high, as dramatic as a tragedy in five acts! This has led to a drop—swift as a thief in the night—into the point of control (POC), that fabled land of price interaction. Not merely a spot of high-volume importance, it also aligns with our 0.618 Fibonacci retracement and a weak low—what a confluence it is! If GALA can hold this level, it holds the fate of its next great adventure in its hands (and alas, it must avoid the abyss!).
The breakout’s timing couldn’t be riper than a summer tomato, with altcoins flexing their muscles like they’ve been hitting the blockchain gym. At the moment, BNB’s prancing around $783.21, though it’s been more jittery than a squirrel on a caffeine binge on July 24. ☕💹
Pump.fun plummeted 21.88% in 24 hours—because nothing says “fun” like losing money. At $0.002967, it’s now cheaper than a single-use plastic straw. The 7-day slump? 44.36% of your soul. Market cap over $1 billion? Clearly, investors forgot to read the fine print. 🤷♂️
