Something is shifting for the market. Can crypto put a market price on attention. Key support and resistance bounds remain pivotal for the market. #Crypto #TechnicalAnalysis #Binance
🇺🇸 US August PMI Data Announced (21/08 16:45) ▪️ Manufacturing PMI: 53.2 (Expected: 53.9) ▪️ Services PMI: 56.8 (Expected: 54.0) ▪️ Composite PMI: 56.0 (Expected: 53.9) Evaluation: The US services PMI data exceeding expectations may strengthen the dollar index by supporting economic resistance; This situation may suppress interest rate cut expectations, suppress short-term risk appetite in crypto assets and create selling pressure on $BTC . #BinanceSquare #MacroNews #Markets
Upside pressure is growing: 🇺🇸 US Stock Exchanges Started the Day with an Rising (21/08 16:30). ▪️ S&P 500 index started the day by gaining 0.5% in value. ▪️ NASDAQ index increased by 0.5% at the opening. Evaluation: The positive opening in US indices may trigger a limited upward momentum in crypto assets, supporting global risk appetite. However, the continuity of liquidity flow throughout the market may vary depending on the course of macro data. #MarketUpdate #BinanceSquare #Finance
Bulls aren't waiting: 🚨 There has been approximately 1.6 billion dollars of Bitcoin spot ETF inflow in the last 4 days, a tremendous number. Blackrock alone made approximately $1 billion of these purchases. They literally carried the market on their own. Order flow around the market key levels remains critical. #Bitcoin #MarketUpdate #BinanceSquare
Breaking the news down: 🚨 QUESTION: What stage of the crypto market cycle are we in right now. Ecosystem participants are monitoring further developments as liquidity adapts. #Bitcoin #MarketUpdate #BinanceSquare
Bulls aren't waiting: 🇨🇦 Canadian Retail Sales Data Exceeds Expectations (21/08 15:30). ▪️ Retail sales in June increased by 0.6% on a monthly basis, above the market expectation of 0.4%. ▪️ Core retail sales increased by 0.5% in the same period, outperforming the forecast of 0.4%. Evaluation: Canadian retail sales data exceeding expectations may indicate that global economic vitality continues and may support risk appetite. #Binance #Altcoins #CryptoNews
Bears are in control right now. Some bearish copium for you guys. This $BTC pump is so strong and sudden that it only reminds me of the Xi pump in October 2019 ❗️ I'm not saying it will play out exactly like that, but we should be aware of what's possible in this market #BinanceSquare #Web3 #Crypto
A major update is hitting the wires: 🚨 Approximately 10,000 Bitcoins exited spot exchanges yesterday. Someone has bought very badly, this is not a buying demand that can be met with the current basic news flow, probably a much bigger good news will come in a short time. Volume reaction at current price zones will determine the next shift. #BinanceSquare #Crypto #Trading
Selling pressure continues to build. $BTC is now trading well above the 21-Week EMA. Just look at this insane pump! Bears will need a miracle to retrace it 😰 #Crypto #TechnicalAnalysis #Binance
A breakout scenario is forming as 🚨 QUESTION: Does Bitcoin break $80K today, or is the rally running out of steam. Bulls are looking for clean continuation into the next session. #BinanceSquare #Crypto #Trading
Upside pressure is growing: 🇪🇺 Euro Zone August PMI Data Announced (21/08 11:00). ▪️ Manufacturing PMI: 52.8 (Expected: 51.8) ▪️ Services PMI: 51.7 (Expected: 51.5) Composite PMI: 52.1 (Expected: 51.7) Evaluation: Eurozone PMI data exceeding expectations may indicate economic recovery and support global risk appetite. Key support and resistance bounds remain pivotal for the market. #BinanceSquare #Crypto #Trading
Price action for the market is sending a signal. 🇫🇷 France August PMI Data Announced (21/08 10:15). ▪️ Manufacturing PMI: 51.5 (Expected: 50.0) ▪️ Composite PMI: 48.8 (Expected: 49.5) Evaluation: Although the manufacturing PMI data exceeding expectations in France creates optimism about economic activity, the weakness in the composite data is not expected to have a direct impact on the crypto markets; However, it may put limited pressure on global risk appetite. Order flow around the market key levels remains critical. #Crypto #TechnicalAnalysis #Binance
Upside pressure is growing: 🇬🇧 UK July Retail Sales Data Announced (21/08 09:00). ▪️ Retail Sales (Monthly): -0.5% (Expected: -0.4%) ▪️ Retail Sales (YoY): +1.6% (Expected: +2.2%) Core Retail Sales (Monthly): -0.9% (Expected: -0.5%) ▪️ Core Retail Sales (YoY): +2.3% (Expected: +3.3%) Evaluation: UK retail sales data being below expectations may increase concerns about an economic slowdown. This situation has the potential to cause volatility that could weaken liquidity flow in crypto markets by suppressing global risk appetite. #CryptoMarket #DeFi #Binance
Price action for the market is sending a signal. 🟢 📈 Listing Tracking — #CRVUSDT. ⏰ First hour result: Input: `0.3009` Now: `0.3138` Order flow around the market key levels remains critical. #Crypto #TechnicalAnalysis
🚀 $SUI is picking up pace — It's time to pay attention to $SUI again as it's bouncing off its Major Support on the weekly 👀. + there's a massive Bullish Divergence on RSI It's finally getting exciting 😏 #BinanceSquare #Crypto #Trading
Momentum is building for the market. 🇯🇵 Inflation Data Announced in Japan (21/08 02:30). ▪️ Japan July general CPI (annual): 2.0% (Expected: 1.9%) ▪️ Japan July core CPI (annual): 1.8% (Expected: 1.8%) Evaluation: Exceeding inflation expectations in Japan may suppress global liquidity by supporting BOJ's tightening steps. This situation can be viewed as a pressure factor that can increase short-term volatility in crypto markets by limiting risk appetite. #BinanceSquare #MacroNews #Markets
This one is worth paying attention to. Big Sale Notification from Cerebras Systems (CBRS) Executive. ▪️ Cerebras Systems Inc. manager Sean Lie applied to sell shares worth $ 153.19 million under SEC-144. Evaluation: Cerebras Systems executive's large share sale could create short-term pressure on technology stocks. Although a direct impact is not expected on crypto markets, a possible weakening in the general risk appetite may indirectly affect liquidity. Order flow around the market key levels remains critical. #MarketUpdate #BinanceSquare #Finance