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🇺🇸 POWELL’S OUT NEW FED CHAIR = TOTAL MONEY PRINTER: - QE GOES WILD - RATES CRASH CRYPTO’S NEXT LEG UP IS HERE 🚀 Meanwhile,Onchain Challenge keeps rewarding me, turning everyday crypto moves into real gains. What started as trading has become a way to celebrate the holidays with extra value. After earning in Phase 30, I’m now powering up with $ASTER and $KOGE to climb higher in Phase 31, confident about collecting more. Binance on the hand has been able allow new users and OGs to explore more. #Binanceholdermmt
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ETFS ARE BUYING ETH AND BTC FASTER THAN NEW COINS ARE BEING CREATED Let’s look at the data. Last 7 days: Ethereum - ETFs bought 67,532 ETH - Network issued 18,577 ETH - ETFs bought 363.5% of weekly issuance Bitcoin - ETFs bought 3,170 BTC - Network issued 3,150 BTC - ETFs bought 100.6% of new supply So in both cases, ETF demand is matching or exceeding new supply. Yet prices have not moved much. When price does not react even after supply is absorbed, it usually means: - Some holders are still selling - Coins are moving from weak hands to stronger hands This is not a demand problem. Demand is already higher than new supply, but price is lagging. Now look at the size of these flows: - Ethereum ETFs bought roughly $208M worth of $ETH - Bitcoin ETFs bought around $286M worth of $BTC That’s a large amount of capital being absorbed without a major price reaction. In past cycles, this phase did not last very long. First flows showed up and then prices follower later. #USChinaDeal
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🟠JUST IN: Strategy is back to buying $BTC as Michael Saylor posts alluding to more orange dots on the "Saylor Tracker" On the other hand, I’m leveraging GetAgent to identify the optimal entry position for $US even in bitget as I participate in the CandyBomb event. Binance has helped in low trading fees, and deep liquidity, making it one of the most attractive platforms for both beginners and professional traders. #Binanceholdermmt
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AXL/USDT ANALYSIS $AXL is rebounding from the support trendline of the descending channel, while the 21MA is acting as a resistance barrier above the current price action. A decisive breakout above both the 21MA and the channel will provide a bullish confirmation. #FOMCWatch
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The aggregated size of Bitcoin treasuries held by public and private companies has grown from 197K BTC to 1.08M BTC, a ~448% increase since January 2023. Corporate balance sheets are becoming an increasingly significant pillar of demand for $BTC #TrumpTariffs
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