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$BTC - HTF Two main scenarios on the table at the moment. Will also be looking to see how we close the month - looking at March High and the Yearly Open. Scenario 1: Path to New ATHs (Chart 1) - Take out local consolidation lows - Another meaningful drive higher to 99-102k - Correct the move up from 74k, looking for a higher low to form somewhere between 82-90k (prob closer to the 90k) - New ATHs to follow Scenario 2: We are so not back yet (Chart 2) - Top out now / soon on another sweep around 96k - Print reversal, potentially bouncing into a lower high as pictured - Take the stacked lows at 83k - Would still consider longs at 83k but chance we put in new lows also increases under this scenario so would need to keep that in mind. This scenario would be more short focused on the lower highs after the reversal and exhaustion around 95-96k (current prices).

Ethereum (ETH) is currently trading at approximately $1,804.22, about 28.87% below its all-time high of $4,800 reached in November 2021 . Yet, the stage is set for a potential breakout that could redefine the crypto landscape. Let's delve into the factors fueling this anticipation. 🔥 Why Ethereum's Next ATH Could Ignite a Market Frenzy 1.Spot Ether ETFs: Institutional Influx The U.S. Securities and Exchange Commission (SEC) has approved several spot Ether ETFs, set to begin trading on July 23, 2024 . These ETFs are expected to attract significant institutional investment, potentially adding up to $15 billion in new assets over 18 months . This influx could drive Ether's price to new heights, possibly surpassing $5,000 . 2. Deflationary Dynamics: Supply Squeeze Post-Merge, Ethereum's transition to a proof-of-stake consensus mechanism has introduced a deflationary aspect to its economy. Approximately 30% of Ether's supply is staked, and 10% is locked in smart contracts, effectively reducing the circulating supply . This scarcity, coupled with increasing demand, could exert upward pressure on prices. 3.Technical Indicators: Bullish Patterns Ethereum's price charts reveal a validated bull flag pattern, suggesting a potential surge to $5,800 by 2025 . Additionally, the formation of an inverted head and shoulders pattern indicates a possible breakout above the $4,060 resistance level . 4.Upcoming Upgrades: Enhanced Functionality The forthcoming Pectra upgrade, anticipated by the end of Q1 2025, aims to enhance Ethereum's execution and consensus layers. Key features include EIP-7702, allowing wallets to function as smart contracts during transactions, and EIP-7251, increasing the staking limit for validators from 32 ETH to 2048 ETH . These improvements could bolster network security and attract more participants. 📈 Market Sentiment: A Surge in Interest Social media metrics indicate a significant uptick in Ethereum-related discussions, with Google Trends showing high interest levels . The Fear and Greed Index stands at 83, reflecting extreme greed, which often precedes substantial market movements . 🧠The Road Ahead While Ethereum's current price is below its previous all-time high, the convergence of institutional interest, deflationary supply dynamics, bullish technical patterns, and upcoming network upgrades positions it for a potential breakout. Should Ethereum surpass its previous ATH, it could trigger a cascading effect, propelling not only ETH but also the broader crypto market into a new growth phase. $PEPE $FORM $BGB $BONK $WEN $MYRO $BANANAS31 $WHY $ETH $ETH $XRP $MYRO $WCT

Innovators (2.5%): These are the risk-takers who love trying new things. For $INIT , innovators would be the early crypto enthusiasts and developers exploring Initia's capabilities. - Early Adopters (13.5%): Trendsetters who form opinions before vocally supporting a technology. They'd be drawn to Initia's innovative approach to interwoven rollups and appchains. - *Early Majority (34%):* Logical and practical, this group wants proof of effectiveness. They'd need to see tangible benefits and success stories from Initia's technology. - *Late Majority (34%):* Cautious and data-driven, this group requires extensive research and proof before adopting. They'd need to see widespread adoption and clear evidence of Initia's value. - *Laggards (16%):* Skeptical and resistant to change, laggards would need personalized benefits and documented success stories to convince them to adopt $INIT. *Key Factors Influencing Adoption:* - *Performance Expectancy:* The perceived usefulness and benefits of Initia's technology. - *Effort Expectancy:* The ease of use and integration of Initia's solutions. - *Social Influence:* The impact of peer opinions and industry trends on adoption decisions. - *Facilitating Conditions:* The availability of resources, support, and infrastructure to facilitate adoption. *Growth Prospects:* Initia's innovative approach to blockchain technology and its focus on user experience could drive growth and adoption. As more developers and users experience the benefits of Initia's interwoven rollups and appchains, we can expect increased interest and investment in $INIT ¹.

The growth and adoption of $INIT , the cryptocurrency token associated with Initia, a network for interwoven rollups, can be understood through the lens of the technology adoption curve. This curve describes how people react to and adopt new innovative products and technologies. *Stages of Adoption:* - Innovators (2.5%): These are the risk-takers who love trying new things. For $INIT , innovators would be the early crypto enthusiasts and developers exploring Initia's capabilities. - Early Adopters (13.5%): Trendsetters who form opinions before vocally supporting a technology. They'd be drawn to Initia's innovative approach to interwoven rollups and appchains. - *Early Majority (34%):* Logical and practical, this group wants proof of effectiveness. They'd need to see tangible benefits and success stories from Initia's technology. - *Late Majority (34%):* Cautious and data-driven, this group requires extensive research and proof before adopting. They'd need to see widespread adoption and clear evidence of Initia's value. - *Laggards (16%):* Skeptical and resistant to change, laggards would need personalized benefits and documented success stories to convince them to adopt $INIT. *Key Factors Influencing Adoption:* - *Performance Expectancy:* The perceived usefulness and benefits of Initia's technology. - *Effort Expectancy:* The ease of use and integration of Initia's solutions. - *Social Influence:* The impact of peer opinions and industry trends on adoption decisions. - *Facilitating Conditions:* The availability of resources, support, and infrastructure to facilitate adoption. *Growth Prospects:* Initia's innovative approach to blockchain technology and its focus on user experience could drive growth and adoption. As more developers and users experience the benefits of Initia's interwoven rollups and appchains, we can expect increased interest and investment in $INIT ¹.

The cryptocurrency exchange Bitget said it would issue eight lawyers' letters, saying they were the main instigators of the VOXEL incident and had gained more than $20 million from it. Bitget will distribute 100% of the recovered funds to platform users in the form of airdrops.