Queen's Technical Breakdown: 1๏ธโฃ Support: $2,244 50-day EMA = STRONG HOLD ๐ Niche $2,210 = Last defense line
2๏ธโฃ Resistance: $2,275 = MAKE OR BREAK ๐ฏ If it breaks, then $2,400 โ $2,700 next ๐
3๏ธโฃ Big Level: $2,755 200-day MA = Confirms Bull Market
Behind The Scenes Data ๐ฅ: โ $1 BILLION buy volume on Binance in the last hour โ Exchange reserves at a 10-year LOW = Less supply ๐ โ 180,000+ new holders joined in the last 24h โ Fed has held rates at 3.5%-3.75% = Crypto friendly
May Warning: Historically the most volatile month for ETH โก Big moves can happen both ways
Queen's Call: $2,275 reclaim = $2,400 confirmed ๐ฏ $2,210 break = Possible dip to $2,150
Comment "BREAKOUT" if $2,400 is on the way ๐ Are you accumulating or waiting? ๐ #Ethereum #ETH #CryptoQueen #AltcoinSeason #DeFi
BTC is currently holding around $77,000 ๐ฐ Established support at $75,600 - Bullish signal ๐ใ5161541923017636230โ L88-L89ใ
In the last 24 hours: 1๏ธโฃ Spiked to $79,500 at the Las Vegas Bitcoin Conference, then settled at $76Kใ5161541923017636230โ L56-L57ใ 2๏ธโฃ Fed maintained rates steady at 3.5%-3.75% - Supportive for cryptoใ5161541923017636230โ L378-L379ใ 3๏ธโฃ If we breakout above $80K, a $1.2B short squeeze could be triggeredใ5161541923017636230โ L211-L212ใ
Institutional Update: โ Strategy Inc purchased 3,273 BTC for $255Mใ4794701087421391124โ L100-L101ใ โ $820M inflow into Spot ETF - Total crosses $102Bใ4794701087421391124โ L101-L102ใ โ Binance reserves increased by 9,729 BTC = $963Mใ5161541923017636230โ L435-L436ใ
Queen's Analysis: $75,600 is now a strong support levelใ5161541923017636230โ L85-L86ใ If we break $80K, the next target is $86K-$89K ๐ Weak hands are out, now there are fewer sellers ๐ใ5161541923017636230โ L206-L207ใ
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