Sweep1

Crypto Open Interest is down $26 Billion in the last 6 weeks
Leverage is getting flushed, and it's always needed for the next leg up

Ansem Launchpad has generated 82 cents in revenue today
Yes, it's cents, not dollars

ETH/BTC bottom seems to be in
I think some consolidation could happen and then the next leg up

Altcoin MCap seems to have entered the re accumulation phase
You have time to accumulate your favourite alts

$XMR doesn't care about what's happening in global markets
Insane Strength

This could be the worst case scenario for $BTC
Bitcoin usually fills the wickless candle, which is currently at $72.5K
After that, there's a similar candle around $94K, where Bitcoin could pump next

Whales are buying the $BTC dip
Someone has bought $230 Million worth of BTC in the last 24 hours
Retail is selling and on the other side, whales are buying

MASSIVE NEWS FOR CRYPTO
The rule that could allow crypto investments in America's 401(k) retirement plans has reached the White House for final review
Americans currently hold a massive $10.8 Trillion in 401(k) accounts
Even if just 2% of that money moves into crypto, that's $216 Billion in fresh inflows
If approved, this could open the door to one of the biggest new sources of money for the crypto market

🚨 US STOCK MARKET IS PUMPING
$480 Billion added in just 7 minutes

JUST IN:
US unemployment data came in at 4.1%
Expectations: 4.2%

PEPE/BTC continues to head higher
If market stabilizes, PEPE/USDT could also enter an uptrend

$SOL is going down, but RSI is trending up
This is what happens when spot sellers are exhausted
And every time, seller exhaustion brings a big pump

$INJ looks really good here
Holding above $8 despite the broader market correction
Imagine the pump once the markets' bloodbath stops

Spot is buying $SOL
Perps are shorting SOL
As I said before, the downward move is mostly because of futures and not spot
Looks like someone is trying to recover their billions by pushing markets down

$BTC is now at its most important zone which is between $73.6K and $75.6K
Both the 50W MA and Bull Market Support Band sit in this range and it's a must hold
A weekly close above this and we are safe
A weekly close below and we should start looking for jobs

Fed will inject $3.652 Billion into the economy today
This is just 0.12% of the $3 Trillion that got wiped out from the US stock market yesterday

JUST IN:
US Treasury bought back $4 Billion of its own debt today
Looking at the market situation, we need $40B or $50B in buybacks now