Posts from Strategists

Very glad to see $RUNE and $INJ performing so strong. They keep proving they are the best of best of alts in this bull market. $SOL seems ready to pop as well and keeps showing relative strength.

$ETH and its faster sister $LDO are somewhat lagging $BTC and the strongest alts, but we assume that when the $BTC ETF approval mania hits his high, the news will be sold and the smart money will move to $ETH , the next ETF-approval candidate.

Traditionally year end is good for $BTC and the first months of the new year are strong for $ETH . If history rhymes, we will be ready to profit.

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Encontramos una divergencia entre el precio de $BTC y el MACD, como se puede observar el precio sigue una tendencia alcista pero el MACD sin embargo está en tendencia bajista, lo que nos indica un agotamiento de los compradores.

Esto junto el descenso del volumen de transacciones en los Exchanges nos hace pensar en una posible corrección del precio en el corto plazo.

Wormhole, a prominent player in the decentralized finance (DeFi) space known for its cross-chain bridges, has achieved a significant milestone. The platform successfully raised $225 million, soaring to a valuation of $2.5 billion. Notably, this funding round, backed by heavyweights like Coinbase Ventures and Multicoin Capital, marks Wormhole's independence from Jump Crypto, its initial incubator. 

This move is particularly noteworthy given the backdrop of increased regulatory scrutiny and past security breaches, including a major hack in 2022 resulting in losses of about $320 million. Wormhole's recovery, aided by Jump Crypto and Oasis, reflects resilience and an adaptive approach in the face of adversity.

Grayscale's Bitcoin Trust (GBTC) is trading at a mere 8% discount to its underlying $BTC holdings, the narrowest in over two years, GBTC reflects a surging market confidence. This is fueled by the anticipation of the U.S. Securities and Exchange Commission approving physically-backed Bitcoin ETFs. 

Grayscale's proactive updates to GBTC's trust agreement, aligning with potential ETF structures, demonstrate a forward-thinking strategy. Notably, these amendments include changes to fee collection methods and asset management in collaboration with Coinbase Custody, poised to facilitate a smoother transition to an ETF.

Looks about Even Steven’s on the long/ short ratio here. An ascending wedge would normally suggest a top but at a key resistance area it could easily breakout as it grinds upwards from buying pressure.

Wisdom World has been rebalanced.

Wisdom Dynamic has been rebalanced.

Wisdom Moderate has been rebalanced.

Wisdom Balanced has been rebalanced.

Wisdom Stable has been rebalanced.