Arewa_Crypto

> Bitcoin is trading at a crucial level, with short-term signs of recovery, but the overall trend remains uncertain. Bulls need a decisive breakout above the key resistance to confirm a stronger upward move. On the downside, the nearest support remains critical, and losing it could trigger further selling pressure.
Liquidity continues to build around the $58,000 zone, making it an area worth monitoring. If bearish momentum strengthens, Bitcoin could sweep this liquidity before establishing its next major trend.
With ongoing global economic developments, geopolitical uncertainty, and macroecono

$AAVE ANALYSIS
$AAVE/USDT is trading at $89.66 and sitting right on top of the ascending trendline from the $59 June base, the same line that produced every major bounce in this rally. Price got rejected from $101 and pulled back into the level bulls have defended for six weeks straight, this is the test that matters.
Bounce here and $95 comes back with $100 as the next ceiling to break. Push through and price discovery reopens. Lose $87 and the trendline snaps, sending price to $83 fast with $75 as the deeper cushion. Six weeks of higher lows on the line, this candle carries weight.

🔷 ETH Climbs Above $1,900 on $58M Whale Accumulation
Ethereum has risen above $1,900, driven by fresh whale activity and strengthening spot market demand.
On-chain data shows newly created wallets acquired nearly $58 million worth of ETH, signalling renewed large-scale interest in the asset at current price levels.

Michael Saylor's Strategy just sold 2,588 BTC worth $216M.
Last time Strategy sold 32 BTC, Bitcoin dropped

Bitcoin continues the upward movement slowly. Price is holding above the level and we may see a test of the resistance area. The support is around $60,000 area.

Educational Post
What Is Phantom Wallet?
Phantom Wallet is a non-custodial cryptocurrency wallet. Although it was initially designed for the Solana blockchain, Phantom now supports multiple chains, including Solana, Ethereum, Base, Polygon, and Bitcoin. Being non-custodial means that Phantom Wallet doesn’t hold your private keys and seed phrases, so users have total control over their keys and digital assets.
Phantom Wallet serves as a gateway for users to manage their cryptocurrencies and NFTs (non-fungible tokens). Similar to other Web3 wallets, Phantom also allows you to interact with decen

Bitcoin held over the level and bounced too. Now the price has already reached the local resistance area. Let's see how the market reacts from here. Rejection will cause a new lower low to form with a break of the major support area.

Bitcoin has reclaimed the support area, and we will see if it is able to hold above this level. The market is still in an uncertain zone, so let's observe how it unfolds.

🇸🇻 El Salvador keeps stacking Bitcoin
The country has officially reached 7,700 BTC in its national treasury, continuing its strategy of purchasing 1 Bitcoin every day regardless of market conditions.
While many investors try to time the market, El Salvador has remained committed to steady accumulation through both bull and bear cycles.
Love it or hate it, the country's dollar-cost averaging strategy is one of the longest-running and most consistent Bitcoin experiments in the world. 💰

Long-Term Holders are accumulating again. 📈
Net Position Change has turned positive, showing experienced investors are buying the recent dip near $60K instead of selling.
👉 While accumulation is still modest, it signals growing long-term confidence and could be an early sign of a market bottom.

🪦 PumpFun is starting to look less like a launchpad and more like a digital cemetery
According to recent data:
⚰️ Nearly 70% of meme tokens die on launch day.
⚰️ Around 80% stop trading within their first 48 hours.
Creating a token has become so easy that the market now resembles a factory of disposable coins:
1️⃣ Launch a token.
2️⃣ Wait 10 minutes for instant hype.
3️⃣ If nobody apes in, abandon the project and launch another one.
At this point, some meme coins have a shorter lifespan than a carton of milk in the fridge.
The only thing being "tokenized" on PumpFun might be disappointment. �

ETF FLOW 24/06
$BTC Netflow : -469.08M $USD
Volume: $3.77B
$ETH Netflow: -30.24M $USD
Volume: $688.79M
$SOL Netflow: 0.00 $USD
Volume: $73.85M
$HYPE Netflow: 0.00 $USD
Volume: $16.11M

JUST IN: 🇰🇷 South Korea's KOSPI stock market halted after 8% crash, triggering circuit breaker.

$BTC ANALYSIS
$BTC/USDT is trading at $59,897 after a violent flush to $58,300 that tested the lower boundary of a four week descending triangle and immediately produced a sharp reclaim back above the $59,400 horizontal support. The chart has been compressing since the $74,000 high on May 31, with the descending trendline from the highs continuing to cap every rally attempt and the lower horizontal support holding as the structural floor through multiple tests. The pattern is now at the apex of the triangle, the most decisive zone in the entire structure, and the recent capitulation wick combi

Strategy has increased its USD Reserve by $300 million to $1.4 billion and plans to continue replenishing it to support the credit quality of its Digital Credit securities. We also acquired 520 BTC for $35 million, increasing our $BTC Reserve to ₿847,363.