WeChats
06-24

🚀 Circle just exploded another 9.6%, bringing its YTD gain to a jaw-dropping +749%! The Fiserv partnership headlines are turning heads—but Cathie Wood quietly offloaded $100M worth of shares. Is she cashing in before the music stops?

What's driving the rocket? Three powerful tailwinds:

1. 💵 Stablecoins going mainstream with banks and regulators

2. 📈 Tokenized stocks inching toward SEC greenlight

3. 🏦 Investors piling into "digital bonds" in a high-rate world

But… is the price action too hot to handle? RSI > 85, MACD topping out, and we’ve seen a 6X run in just 10 days. Parabolic moves like this usually pause—or punish the latecomers.

🔥 Technically, if Circle breaks clean through $300 with volume, we may see a gamma-fueled melt-up. But if it stumbles back below $280? Watch for a sharp pullback.

My take? I'm locking in 20–30% gains here and rotating into Coinbase or FIS—Circle still has long-term juice, but this leg looks overcooked.

🎯 What's your game plan—ride this to $350, or bank profits now before the air gets thin?


Circle Dumping Risk? Cash Out at $150 or Time to Bottom?
Circle beats revenue but fell as it 5% as it files to sell 10M shares of Class A common stock. Circle reported a net loss of $482 million in the second quarter, compared with a $33 million profit a year ago. Revenue increased by 53% to $658 million, surpassing Wall Street estimates of $646 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
1
3