Bitcoin’s cost basis distribution shows support near $111K and heavy supply around $117K. This range defines the current battleground between recent buyers and profit-takers. A break in either direction could set the tone for the next major move.
2) Stablecoin use for payments jumps 70% since US regulation#CryptoScamSurge
FLOKI/USDT is currently showing a bullish flag formation on the 2D chart. This pattern suggests potential upward movement.
Traders should watch for a breakout, which could indicate a continuation of the bullish trend. Currently, the market sentiment is optimistic as traders anticipate a positive price movement.#MarketPullback
Reason: Chart looks bullish for it. Worth buying for short-mid term quick profits too. Already broke out of the resistance trendline and resistance zone also.
Reason: Chart looks bullish for it. Worth buying for short-mid term quick profits too. Already broke out of the Cup and handle pattern and resistance zone also.
Pepe is one of the major memecoins in the market. Within its own narrative, it plays a role somewhat similar to Bitcoin.
On the daily timeframe, we can see that for the past six months, the price action has been revolving around a mirror zone between roughly $0...86 and $0...91. In the spring, the price was moving below it, while in the summer — above it.
There are also two trendline supports and one trendline resistance, creating a tightening range, which has become especially evident in recent months.
💹 The most likely outcome is a rebound from the nearest support levels, leading to a potential reversal. For now, we are consolidating, but this consolidation will most likely resolve to the upside.
Reason: Chart looks bullish for it. Worth buying for short-mid term quick profits too. Already broke out of the Symmetrical triangle pattern and resistance zone also.
Ondo Finance is currently trading within a symmetrical triangle formation on the 12H timeframe. The consolidation phase appears to be ending, with increased breakout potential.
Traders should watch for a break above the triangle resistance and the Ichimoku Cloud.
Current buyers could see gains toward $1.15. #ONDO
API3 is facing rejection from the resistance trendline of the descending broadening wedge while holding above the support trendline, where a bounce is possible.
The Ichimoku cloud is acting as a resistance barrier above the wedge. A solid breakout of the pattern will confirm a bullish trend. #GoldPriceRecordHigh
🎯 Binance helped freeze $47 million of scammer assets as a result of a joint investigation with law enforcement agencies in the Asia-Pacific region and Chainalysis.
The investigation, concluded in June 2024, uncovered funds linked to a "pig butchering" scam, where fraudsters build trust with victims and then deceive them.
Chainalysis experts tracked transactions from November 2022 to July 2023, which enabled linking the funds to the scammers' wallets.If you have any more texts to translate or need help with content ideas for your Telegram channel, feel free to ask!