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Michael van de Poppe highlights a recent liquidity sweep on Bitcoin occurring just before a key day for the cryptocurrency sector.
He points out that volatility could rise as the U.S. Securities and Exchange Commission prepares to release its framework concerning crypto regulations.
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Van de Poppe has recently highlighted trends in major cryptocurrencies beyond Bitcoin. He observed that ETH is maintaining a solid uptrend against BTC. In a separate analysis, he pointed out SOL holding support and targeting a move towards $120. These observations come as sector volatility remains closely watched.