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BullishBanter
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صاعد𝗡𝗼 𝗡𝗲𝗲𝗱 𝘁𝗼 𝗣𝗮𝗻𝗶𝗰: 𝗧𝗵𝗲 𝗟𝗮𝘀𝘁 𝗕𝗶𝗴 𝗖𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗼𝗻 𝗕𝗲𝗳𝗼𝗿𝗲 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗬𝗲𝗮𝗿.. 𝗖𝗵𝗲𝗰𝗸 𝗺𝘆 𝗹𝗼𝘀𝘀 𝗕𝘂𝘁 𝗦𝘁𝗶𝗹𝗹 𝗛𝗼𝗹𝗱𝗶𝗻𝗴
As we approach the New Year, traders and investors can take a breather. This current consolidation phase seems to be the final significant one of this bull market, signaling a potential turning point. Over the past 24 hours, the cryptocurrency market has witnessed staggering liquidations amounting to approximately $1.8 billion, likely marking one of the most intense liquidation events in this bull cycle. Reports from Coinglass, shared on December 10 by credible sources, reveal liquidations totaling around $1.79 billion in the past 24 hours, with $1.6 billion in long positions wiped out and $180 million in shorts liquidated.
From a technical standpoint, consolidations in bull markets are typically short-lived, paving the way for sharp rebounds. This phase also serves as a testing ground for the resilience of individual coins. Those performing strongly during this period are likely to experience more significant breakouts when the market turns bullish again.
Among the altcoins, Uniswap (UNI) has emerged as a leader, showcasing exceptional strength and potential. It was previously highlighted as a top pick for a potential tenfold return, making it an attractive choice for savvy investors. Bitcoin Cash (BCH) has also held its ground well, while Binance Coin (BNB) demonstrates steady performance and potential for growth.
This is a critical time to identify and position yourself in strong projects that could lead the next market rally. Follow me to stay updated and discover opportunities to capitalize on high-potential coins. Together, we can strategically position ourselves for substantial gains as we navigate this exciting market phase. More valuable insights are on the way, and they won’t disappoint.
#MarketCorrection
As we approach the New Year, traders and investors can take a breather. This current consolidation phase seems to be the final significant one of this bull market, signaling a potential turning point. Over the past 24 hours, the cryptocurrency market has witnessed staggering liquidations amounting to approximately $1.8 billion, likely marking one of the most intense liquidation events in this bull cycle. Reports from Coinglass, shared on December 10 by credible sources, reveal liquidations totaling around $1.79 billion in the past 24 hours, with $1.6 billion in long positions wiped out and $180 million in shorts liquidated.
From a technical standpoint, consolidations in bull markets are typically short-lived, paving the way for sharp rebounds. This phase also serves as a testing ground for the resilience of individual coins. Those performing strongly during this period are likely to experience more significant breakouts when the market turns bullish again.
Among the altcoins, Uniswap (UNI) has emerged as a leader, showcasing exceptional strength and potential. It was previously highlighted as a top pick for a potential tenfold return, making it an attractive choice for savvy investors. Bitcoin Cash (BCH) has also held its ground well, while Binance Coin (BNB) demonstrates steady performance and potential for growth.
This is a critical time to identify and position yourself in strong projects that could lead the next market rally. Follow me to stay updated and discover opportunities to capitalize on high-potential coins. Together, we can strategically position ourselves for substantial gains as we navigate this exciting market phase. More valuable insights are on the way, and they won’t disappoint.
#MarketCorrection
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