todays markets
market news
πnasdaq tumbles for a fourth day as fears of higher interest rates pressure markets.
π¦CFTCβs pham thinks a government-run timed pilot program could be the answer for crypto regulation.
π§βπ»FBI blames north koreaβs lazarus group for $40M stake hack.
πaave, circle, base become founding members of tokenized asset coalition.
π°PERP price skyrockets as perpetual protocol defi TVL soars.
crypto fear and greed index
around the X-verse⦠(formerly the twitterverse)
regulatory honey trapβ¦π―
or the more direct approachβ¦?? π€
FTX cleanup continuesβ¦ πβ¦
trade ideas
trade: long COIN/ USD
key resistance for coinbase (COIN) has been the ~75-80 level. there has been two failed breakouts of this level with no follow through; in august 2022 and more recently august 2023.
on the most recent occasion, price rallied to ~114 and then retraced to the key ~75 level. resistance appears to have turned to support as price could now be beginning an uptrend. you could initiate a LONG from here back up to previous highs around ~114.
#NFA #DYOR
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