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Why does positive news come out and start 📉
Is it a small pullback or is it gathering strength? 🤔🤔
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Mahesh Sudrik
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📊 What to Expect on Monday – Binance Weekly Outlook Get ready for another volatile start to the week! Here’s what’s lining up across key majors: 🔹 BTC/USDT: Buyers defending $115K–$110K. A breakout above $120K could open the path to $123K and beyond. 🔹 ETH/USDT: Struggling near $3,860. Watch for clean breakout or pullback toward $3,550–$3,500 support. 🔹 SOL/USDT: Bullish structure intact above $185. Eyes on $206–$220 zone if momentum continues. 🔹 BNB/USDT: Strong above $820. Next breakout above $826 could extend toward $850+. Support rests at $770. 📌 Let the Monday open settle — the real trade comes after the noise. #WriteToEarn #BinanceCommunity #BinanceFeed #BinanceSquare
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📉 Bitcoin Takes a Hit – What's Causing the Drop? 🧨 Bitcoin just plunged below $116K, marking a sharp -2.88% drop today. This sudden sell-off has left many wondering: What’s going on? 🔍 Possible Reasons: ⚖️ Mt. Gox BTC Transfers: Over 100K BTC are being prepared for distribution to creditors. Just the movement of these funds has created massive fear in the market, though most haven’t been sold yet. 🏦 Government Wallet Activity: U.S. and German authorities have been moving seized BTC to exchanges, raising concerns about offloading. 🔥 Liquidation Cascade: High-leverage longs got wrecked, triggering a chain of automatic sell-offs. 🌍 Macro Pressure: Global markets are shaky, with interest rate worries adding to crypto volatility. 📊 BTC RSI is deeply oversold, suggesting a bounce could be near — but caution is key. Support sits around $115,000, while resistance looms at $117.3K–$118K. 💬 Are you buying the dip or waiting for the dust to settle? #BTCUpdate #bitcoincrash #CryptoNews #Binance #BinanceCommunity
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