#Market_Update made ur small entries here it's not a bearish movement am telling all of u it's a bullish a big new Aths are coming made ur small buying here $BTC $SOL $ETH
#bullish The U.S. released July's core PCE price index, with the annual rate rising to 2.9%, up from 2.6%, marking the highest level since December 2024. The core PCE monthly rate was 0.3%, compared to 0.1% previously. The overall PCE annual rate was 2.6%, with a monthly rate of 0.2%
A Bitcoin OG (early holder) has started shifting billions from BTC → ETH 👀
🔑 Details: • Just sold 4K BTC ($437M) and bought 96K ETH (~$443M) • In total, last week he rotated 30K+ BTC (~$3.3B) into ETH • All ETH is staked (earning yield, less chance of selling soon)
📊 Market Impact: • BTC slipped near $109K from the selling pressure • ETH pumped to $4.6K, showing strong demand
💡 Why? The whale seems more bullish on ETH’s growth (DeFi, staking, upgrades) than BTC in the short term.
👉 Bottom line: This could be a bullish signal for ETH and short-term pressure on BTC. $ETH
Good decision not to rush any longs, $STABLE.C.D about to close the 4H candle above the 7.43% level which will just confirm the $108K level for bitcoin in next week. I will share the limits with you guys very soon.
Also, as I have explained always, you never underestimate deviations. Most of this move was mostly due to people chasing leverage longs after Friday’s bullish sentiment (there is still alot of time till next month’s FOMC, rate cuts are not happening tomorrow) and then eventually getting liquidated triggering a sell-off, an obvious playbook.
I have explained the importance of $108K in my streams, $108K - $105K is where you’ll see the next highest probability setup. Next week going to be fun, stay tuned for more updates.