This DIA/USDT long position is a strategic, short-term bullish trade driven by the USDT.D distribution pattern on the 45-minute timeframe, signaling a potential altcoin rally. DIA’s strong fundamentals, including its transparent data sourcing, DeFi adoption, and cross-chain compatibility, make it a compelling choice for this trade. While we remain long-term bearish on the crypto market due to macroeconomic and cycle risks, this trade serves as a hedge to capture short-term upside while aligning with our broader strategy.
Related Posts
Cardano Price Eyes Breakout, But Layer Brett and Pepe Coin Could Hit 10x Gains Before ADA Makes New Highs – Crypto Economy
The Cardano price is teasing a potential breakout as technical patterns suggest upward momentum. However, ADA’s large market…
Smith & Nephew Raises Revenue Growth Guidance for 2023; CFO to Step Down
Smith & Nephew, a leading U.K. medical-technology company, has announced an upward revision of its revenue growth guidance…
U.S. Establishes Strategic Bitcoin Reserve, Cementing Crypto’s Role as a National Asset
Ethereum remains stable, with ETF flows flat & DeFi activity declining, reflecting cautious sentiment but steady market positioning.…