guys $BTC touch 123k so what you think they go for 125k or c | Coins4u on Binance Square

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guys $BTC touch 123k so what you think they go for 125k or come down 🪙🪙🪙#coin4u 
BTC
89,964.58
-0.45%
#BTC125Next? 

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The MMT token is priced at approximately $2.01, marking a 309.12% increase in the last 24 hours. • The token experienced extreme volatility upon launch, surging over 4,000% to an all-time high of $4.47 before undergoing a 70% price correction. • Its 24-hour trading volume reached an exceptional $2.4 billion, with a current market capitalization of approximately $408 million. Core Driving Factors • Binance further supported the launch by featuring MMT in its HODLer Airdrops program, offering a 2,000,000 MMT prize pool, and integrating it across its Earn, Convert, Margin, and Futures platforms. • The project, a decentralized exchange on the Sui blockchain, launched with strong fundamentals, including backing from prominent investors and pre-launch metrics of over 2.1 million users and $600 million in Total Value Locked (TVL). • Currently, 20.4% of the 1 billion total MMT supply is in circulation, with future token unlocks scheduled after a 12-month cliff. Technical Outlook • At its peak, the 1-hour Relative Strength Index (RSI) hit 95, signaling extremely overbought conditions. The RSI has since cooled to a more neutral 50.6. • The all-time high of $4.47 acts as a major resistance level, while a recent 1-hour low was recorded around $1.11. • High volatility is confirmed by wide 1-hour Bollinger Bands (ranging from $0.23 to $3.21) and a high Average True Range (ATR) of 0.58. #MarketPullback #MMT $MMT

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Bitcoin's price corrected by approximately 5.6% in 24 hours, falling to ~$100,707 and briefly dipping below the key $100,000 level. Its market cap is now ~$2 trillion. • Spot Bitcoin ETFs saw substantial net outflows of $1.34 billion over four sessions, signaling reduced short-term institutional demand. • The Fear & Greed Index has dropped to 27, indicating a state of "Fear" among investors. Core Driving Factors • Selling pressure is attributed to profit-taking from long-term holders and some institutional investors. • Consistent outflows from U.S. spot Bitcoin ETFs have amplified negative sentiment. • The correction was intensified by over $1 billion in leveraged long position liquidations. • Broader macroeconomic uncertainty and a risk-off sentiment have also contributed to the downturn. Technical Analysis • Key support is at the psychological $100,000 mark, with further support near $94,400 and $85,700 if it breaks. • For a bullish reversal, Bitcoin must reclaim resistance around $111,000 and target the $115,000-$122,000 range. • Technical indicators confirm a bearish trend. The 12-hour RSI at 42.45 suggests weak momentum with more potential downside. • For long-term investors, the dip could be a Dollar-Cost Averaging (DCA) opportunity, as some institutions are reportedly accumulating. Risk and Sentiment • The market is driven by fear, which can lead to irrational selling but may also precede market bottoms. • High ATR and wide Bollinger Bands suggest continued volatility and significant price swings are likely. • A sustained break below $100,000 could trigger further selling, with analysts pointing to potential targets as low as $95,000. • The market remains highly sensitive to spot Bitcoin ETF flows, with continued outflows posing a significant risk to recovery. #BTCDown100k #MarketPullback $BTC

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ZK surged approximately 77.37% in 24 hours, reaching around $0.051. • 24-hour trading volume hit $374.98 million, showing strong market activity. • The market cap is approximately $249.73 million, with a Binance rank of 142. • The price is still around 84% below its all-time high of $0.328 from June 17, 2024. Core Driving Factors • An endorsement from Ethereum co-founder Vitalik Buterin, who praised ZKsync's "valuable work," was a primary catalyst. • The "Atlas" upgrade launched with a high-speed sequencer (30,000 TPS) and "Airbender" for instant settlements, boosting scalability. • Institutional interest is growing, with firms like Deutsche Bank, Citi, and Visa implementing or testing ZKsync's technology. • Ecosystem growth includes a 2.4 million ZK airdrop on PancakeSwap and a new staking proposal (TPP-12). Technical Analysis • Bullish indicators include a positive MACD histogram (0.00020245) and a 7-day EMA ($0.0467) crossing above the 25-day EMA ($0.0410). • The 24-hour RSI is at 65.6, indicating strong buying pressure but nearing overbought levels (70). • The previous resistance at $0.0365 is now a key support level to watch. Risk Factors • Ongoing token unlocks, like the 173 million ZK released in October, create persistent selling pressure. • High volatility is expected, with wide Bollinger Bands (upper band at $0.0541). Risk management is crucial. $ZK #ZK #MarketPullback

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