Ethereum: The Burning of Tokens Following the Pectra Upgrade | koin_milyoner on Binance Square

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Ethereum: The Burning of Tokens Following the Pectra Upgrade Indicates That Good Times Are Ahead#Binance #BinanceSquare
@ethereum @VitalikButerin 
https://www.binance.com/en/square/post/24082081578833

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⚠️ #PiNetwork Stuck in Flatland — Reclaim or Fade Into Silence? Trend Summary: After a massive spike to over $4, PI/USDT has been in a long, slow bleed down to the current level around $0.62–0.63. Recent volume shows some life, but no confirmed breakout structure. Key Observations: Price is consolidating in a narrow range after several failed attempts to reclaim the $1 level. Momentum has flattened; the volatility spike in May gave hope, but was quickly sold off. Volume is declining, suggesting waning interest unless a new catalyst arrives (e.g. mainnet unlocks, listings). Support/Resistance: Support sits near $0.60–0.62, which has been tested multiple times. Resistance is clear at $0.85 and then $1.00, where previous pumps were rejected. 🧠 Final Take: Pi Network is currently in accumulation limbo, with no strong trend. A breakout above $0.85 with volume is essential to change the narrative. Until then, it remains a speculative, low-conviction hold. ⚠️ DYOR – Do Your Own Research This is not financial advice. Markets can be volatile — always trade responsibly! @PiCoreTeam $PI

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📉 Political Heat Sparks Bitcoin Sell-Off — Traders Flip Bearish Fast! #Binance #BinanceSquare https://www.binance.com/en/square/post/25283279851858

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📉 $WCT /USDT – Heavy Breakdown, Looking for a Bottom Trend Context: After a parabolic rally to ~$1.45, WCT entered a brutal correction phase. Price has now dropped over 70% from local highs, consolidating near $0.42–0.43 support. Moving Averages: WCT is trading below all key MAs (7, 25, and 99), suggesting ongoing bearish control. The 7 MA ($0.4279) and 25 MA ($0.4718) are acting as short-term resistance levels. No sign yet of a bullish crossover or reversal momentum. Support & Risk Zone: Strong horizontal support appears near $0.40–$0.42 — if this fails, price could revisit $0.36–0.35 range or lower. Bullish reversal needs to reclaim $0.50 and flip the 25MA to regain market structure. 🧠 Summary: WCT is in post-hype exhaustion, currently building a base at former support. It’s in a high-risk accumulation zone, but confirmation is still missing. Watch for volume pickup + reclaim of $0.50 for a safer trend reversal bet. ⚠️ DYOR – Do Your Own Research This is not financial advice. Markets can be volatile — always trade responsibly! #Binance #BinanceSquare

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🔄 $SIGN /USDT – Sideways Accumulation or Bearish Continuation? Trend Summary: After a parabolic launch in late April, SIGN has steadily corrected and entered a sideways chop. Price has failed to break above the $0.08–0.085 resistance for several weeks. Support is holding around $0.070, but lower highs remain dominant. Moving Averages: Currently trading below the 25 MA ($0.074) and MA 99 ($0.079). MA 7 is slightly curling upward, hinting at a short-term relief bounce. Key Observations: The structure looks like a compression wedge or consolidation zone. Bulls need a clean breakout above $0.075–$0.078 to flip structure bullish. Breakdown of the $0.070 level may open room toward $0.065 or lower. 🧭 Summary: SIGN is currently in a range-bound zone, lacking clear bullish conviction. A breakout above the 25/99 MA combo could bring momentum back. Until then, it's mostly range trading with fakeouts. ⚠️ DYOR – Do Your Own Research This is not financial advice. Markets can be volatile — always trade responsibly! #BinanceSquare

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📉 $VIRTUAL /USDT – Caught Between Trend Reversal & Resistance Trend Context: After a strong multi-week uptrend, price peaked near $2.60 and entered a gradual downtrend, marked by lower highs and lower lows. Most recent move shows a short-term bounce off the $1.65–1.70 region, forming a potential local bottom. Moving Averages: MA 7 and MA 25 have just made a short-term bullish crossover. However, MA 99 at $2.03 is still above the price, acting as a key resistance. Current Setup: VIRTUAL is now testing previous support turned resistance (~$1.87–$1.90). If bulls push above MA 25 + horizontal cluster, we could see a move to challenge $2.00–$2.10. Failure here may send price back to the $1.70–$1.75 range. 🔍 Summary: ⚠️ VIRTUAL is recovering from a deep correction but still has resistance overhead. A clean breakout above $1.90 and especially the $2.03 MA99 zone could signal a trend reversal. Watch volume and price action near the $2 psychological level. ⚠️ DYOR – Do Your Own Research This is not financial advice. Markets can be volatile — always trade responsibly!

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