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币安Alpha推出MERL交易竞赛

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Binance Announcement
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Merlin Trading Competition: Trade Merlin (MERL) to Share Rewards Worth $1 MillionThis is a general announcement, and the products and services mentioned here may not be applicable in your region. Dear Users: The Binance wallet launches the Merlin trading competition on Binance Alpha! During the event, trade Merlin (MERL) in your Binance wallet (without private keys) or through Binance Alpha to share exclusive token rewards. Event Duration: From May 20, 2025, 17:00 to June 3, 2025, 17:00 (UTC+8) General Rules: Ranking will be based on the total purchase volume of MERL tokens accumulated during the event. During the event, the top 10,000 users will share 9,840,000 MERL tokens (each user will receive 984 MERL).

Merlin Trading Competition: Trade Merlin (MERL) to Share Rewards Worth $1 Million

This is a general announcement, and the products and services mentioned here may not be applicable in your region.
Dear Users:
The Binance wallet launches the Merlin trading competition on Binance Alpha! During the event, trade Merlin (MERL) in your Binance wallet (without private keys) or through Binance Alpha to share exclusive token rewards.
Event Duration: From May 20, 2025, 17:00 to June 3, 2025, 17:00 (UTC+8)
General Rules:
Ranking will be based on the total purchase volume of MERL tokens accumulated during the event. During the event, the top 10,000 users will share 9,840,000 MERL tokens (each user will receive 984 MERL).
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The big pancake has moved out 5,000 points, Ethereum has moved out over 200 points, and it's still the same saying: it's not the time for you to be afraid of heights; a pullback is an opportunity. You just lack someone to give you the firm belief to execute!!!#币安Alpha推出MERL交易竞赛 $BTC
The big pancake has moved out 5,000 points, Ethereum has moved out over 200 points, and it's still the same saying: it's not the time for you to be afraid of heights; a pullback is an opportunity. You just lack someone to give you the firm belief to execute!!!#币安Alpha推出MERL交易竞赛 $BTC
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I only have less than 230U in funds. I need to accumulate at least 14 transaction points + 1 point = 15 points daily. This means that for every transaction of 8192U, I can earn 14 points. This requires about 38 transactions. To accurately record the number of transactions and avoid over-counting or under-counting, I bought a manual counter on Taobao. After using it, I found it very useful, so I recommend it to users with limited funds, while users with sufficient funds do not need to do this. #币安Alpha上新 #币安Alpha推出MERL交易竞赛 #BinancePizzaDay $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT)
I only have less than 230U in funds. I need to accumulate at least 14 transaction points + 1 point = 15 points daily. This means that for every transaction of 8192U, I can earn 14 points. This requires about 38 transactions. To accurately record the number of transactions and avoid over-counting or under-counting, I bought a manual counter on Taobao. After using it, I found it very useful, so I recommend it to users with limited funds, while users with sufficient funds do not need to do this. #币安Alpha上新 #币安Alpha推出MERL交易竞赛 #BinancePizzaDay $BTC
$BNB
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In the end, I still accepted it. When facing the uncertainties of the future, it's better to hold on to what is in front of me.
In the end, I still accepted it. When facing the uncertainties of the future, it's better to hold on to what is in front of me.
My 30 Days' PNL
2025-04-22~2025-05-21
+$3,893.83
+254.56%
--
Bearish
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You need to do this to turn the tide in this bull market: 1. Necessary Condition: The years 2025-26 are the bull market cycle for the cryptocurrency sector. During this period, the best and most stable long-term trading strategy is to buy low and go long. Those with technical skills can capitalize on periodic waves to achieve compound returns. 2. Choose the Right Model: How can small funds achieve quick turnaround? Contracts or altcoins. If you don't have exceptional skills, contracts are not your choice; altcoin spot trading is your best option. 3. Choose the Right Skills: How can altcoin spot trading achieve high profit margins? You should possess the following abilities! 1. Avoid following market FOMO and chasing highs; be patient and buy low; 2. Always maintain a high sensitivity to trending coins in the market (learn to discern whether a trend is sustainable); 3. In a non-universal bull market, avoid choosing obscure coins; leading sector coins can ensure your risk resistance; 4. Learn to anticipate the speculation of individual sectors and use future insights to layout potential speculative sectors in advance; 5. Familiarize yourself with the interconnections of various sectors to stay a step ahead in rotating markets; 6. If you have the capability and want to invest in an altcoin, research whether the underlying team is active, vibrant, and backed by major capital.
You need to do this to turn the tide in this bull market:

1. Necessary Condition: The years 2025-26 are the bull market cycle for the cryptocurrency sector. During this period, the best and most stable long-term trading strategy is to buy low and go long. Those with technical skills can capitalize on periodic waves to achieve compound returns.

2. Choose the Right Model: How can small funds achieve quick turnaround? Contracts or altcoins.
If you don't have exceptional skills, contracts are not your choice; altcoin spot trading is your best option.

3. Choose the Right Skills: How can altcoin spot trading achieve high profit margins? You should possess the following abilities!

1. Avoid following market FOMO and chasing highs; be patient and buy low;
2. Always maintain a high sensitivity to trending coins in the market (learn to discern whether a trend is sustainable);
3. In a non-universal bull market, avoid choosing obscure coins; leading sector coins can ensure your risk resistance;
4. Learn to anticipate the speculation of individual sectors and use future insights to layout potential speculative sectors in advance;
5. Familiarize yourself with the interconnections of various sectors to stay a step ahead in rotating markets;
6. If you have the capability and want to invest in an altcoin, research whether the underlying team is active, vibrant, and backed by major capital.
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Still, the plates of our people know how to play On the day of 520, transfer all remaining 1.1 million dollars At this point, this plate has successfully achieved all arbitrage Only a mess remains and a bunch of clueless fans taking over #币安Alpha推出MERL交易竞赛
Still, the plates of our people know how to play

On the day of 520, transfer all remaining 1.1 million dollars

At this point, this plate has successfully achieved all arbitrage

Only a mess remains and a bunch of clueless fans taking over

#币安Alpha推出MERL交易竞赛
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BNB has reached the first key resistance area in the short term. Today, focus on the support strength at the 684 level: if it does not break below this position during the day, it indicates that the upward trend is likely to continue, and resistance levels to pay attention to above are around 691, 696, and 701; if the 684 support level is lost, a pullback trend may begin on the hourly level, with key support levels to watch below at 679, 673, and 667.
BNB has reached the first key resistance area in the short term. Today, focus on the support strength at the 684 level: if it does not break below this position during the day, it indicates that the upward trend is likely to continue, and resistance levels to pay attention to above are around 691, 696, and 701; if the 684 support level is lost, a pullback trend may begin on the hourly level, with key support levels to watch below at 679, 673, and 667.
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Cryptocurrency Survival Guide: How Can Retail Investors Make Money in a Bull Market? A bull market is a golden opportunity for retail investors to increase their wealth, but the high volatility and information asymmetry in the cryptocurrency space often turn blind followers into 'chives' (a term for inexperienced investors). To get a piece of the pie in a bull market, one must master the following strategies: 1. Choose the Right Track, Avoid Speculation At the beginning of a bull market, mainstream coins like Bitcoin and Ethereum often take the lead, followed by altcoins in hot sectors (such as DeFi, AI, L2) that surge. Retail investors should prioritize projects with actual use cases and avoid chasing illogical 'air coins.' For example, in the later stages of a bull market, one could focus on low market cap, high innovation potential coins, but must strictly evaluate the project background and team strength. 2. Trend is King, Technology is Support Utilize moving average systems (such as the 20-day moving average) to determine the trend: gradually build positions when the price stabilizes above the moving average, and decisively cut losses if it falls below. Combine with MACD indicators to capture buy signals and avoid chasing highs when market sentiment is overly optimistic. For instance, when a 'golden cross' appears on the daily chart, it can be seen as a short-term buy signal. 3. Beware of 'False Bull Market' Traps During the mid-bull market, a 'universal rise illusion' often occurs, but the explosive growth of junk coins is usually a risk signal. If you notice signs like 'all coins rising indiscriminately,' 'social media FOMO is overwhelming,' or 'institutional funds have not substantially flowed in,' you need to be cautious of a bubble burst. At this point, one should gradually reduce positions and turn to safe-haven assets. 4. Long-term Holding, Compound Interest is King For blue-chip coins like Bitcoin, one can adopt a strategy of 'dollar-cost averaging in bear markets and holding in bull markets.' Data shows that Bitcoin's price increases by more than 10 times in each bull market, but 80% of the volatility occurs within 20% of the time. Retail investors should abandon the fantasy of 'short-term high sell low buy,' holding quality assets on an annual basis to achieve wealth growth through compounding. A bull market is a testing ground for retail investors and for human nature. Only by maintaining rationality and strictly adhering to discipline can one exit the bubble unscathed. Remember: the cryptocurrency space is not short of wealth myths, but lacks those who can survive to the next bull market. #BTC挑战11万大关 #币安Alpha推出MERL交易竞赛 #币安Alpha上新 #MichaelSaylor暗示增持BTC #GENIUS稳定币法案
Cryptocurrency Survival Guide: How Can Retail Investors Make Money in a Bull Market?

A bull market is a golden opportunity for retail investors to increase their wealth, but the high volatility and information asymmetry in the cryptocurrency space often turn blind followers into 'chives' (a term for inexperienced investors). To get a piece of the pie in a bull market, one must master the following strategies:
1. Choose the Right Track, Avoid Speculation
At the beginning of a bull market, mainstream coins like Bitcoin and Ethereum often take the lead, followed by altcoins in hot sectors (such as DeFi, AI, L2) that surge. Retail investors should prioritize projects with actual use cases and avoid chasing illogical 'air coins.' For example, in the later stages of a bull market, one could focus on low market cap, high innovation potential coins, but must strictly evaluate the project background and team strength.
2. Trend is King, Technology is Support
Utilize moving average systems (such as the 20-day moving average) to determine the trend: gradually build positions when the price stabilizes above the moving average, and decisively cut losses if it falls below. Combine with MACD indicators to capture buy signals and avoid chasing highs when market sentiment is overly optimistic. For instance, when a 'golden cross' appears on the daily chart, it can be seen as a short-term buy signal.
3. Beware of 'False Bull Market' Traps
During the mid-bull market, a 'universal rise illusion' often occurs, but the explosive growth of junk coins is usually a risk signal. If you notice signs like 'all coins rising indiscriminately,' 'social media FOMO is overwhelming,' or 'institutional funds have not substantially flowed in,' you need to be cautious of a bubble burst. At this point, one should gradually reduce positions and turn to safe-haven assets.
4. Long-term Holding, Compound Interest is King
For blue-chip coins like Bitcoin, one can adopt a strategy of 'dollar-cost averaging in bear markets and holding in bull markets.' Data shows that Bitcoin's price increases by more than 10 times in each bull market, but 80% of the volatility occurs within 20% of the time. Retail investors should abandon the fantasy of 'short-term high sell low buy,' holding quality assets on an annual basis to achieve wealth growth through compounding.
A bull market is a testing ground for retail investors and for human nature. Only by maintaining rationality and strictly adhering to discipline can one exit the bubble unscathed. Remember: the cryptocurrency space is not short of wealth myths, but lacks those who can survive to the next bull market.
#BTC挑战11万大关 #币安Alpha推出MERL交易竞赛 #币安Alpha上新 #MichaelSaylor暗示增持BTC #GENIUS稳定币法案
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#币安Alpha推出MERL交易竞赛 Instead of having such high wear and no one participating, it is better to take practical actions to reduce transaction costs and get everyone involved.
#币安Alpha推出MERL交易竞赛 Instead of having such high wear and no one participating, it is better to take practical actions to reduce transaction costs and get everyone involved.
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My Futures Portfolio
0 / 200
Minimum 10USDT
Copy trader have earned in last 7 days
-2487.87
USDT
7D ROI
-100.00%
AUM
$1172.93
Win Rate
68.18%
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Two Key Points for Survival in the Crypto World When feeling lost in the crypto world, remember two key points: Act with decisiveness: The market changes rapidly; hesitation can lead to missed opportunities. Stay online: Information is opportunity; getting news first allows you to seize the initiative. The bull market has begun, indicating that a money-making trend has arrived. The window for altcoins to recover is also opening. But remember: the crypto world is not a sprint; it is a marathon. To truly make money, it relies on patience, strategy, and continuous learning. Don’t be afraid of short-term losses; as long as the direction is correct, what is lost will eventually return. Learn while you operate, summarize both gains and losses, manage risks, and you can truly grow. Cognition determines choice, and choice determines wealth. The gap in thinking decides the direction of life. Are you one who reaches the shore, or just a wave washed up on the shore? The decision is yours to make now. Good market means many opportunities, and a bad market still has opportunities! Whether in a bull or bear market, opportunities are right there. Contact @Square-Creator-f90a81fc6127 to lead you to success! Follow: sui pepe ethfi doge b sol trump #BTC再创新高 #币安HODLer空投HAEDAL #特朗普晚宴 #币安Alpha推出MERL交易竞赛
Two Key Points for Survival in the Crypto World

When feeling lost in the crypto world, remember two key points:
Act with decisiveness: The market changes rapidly; hesitation can lead to missed opportunities.
Stay online: Information is opportunity; getting news first allows you to seize the initiative.

The bull market has begun, indicating that a money-making trend has arrived. The window for altcoins to recover is also opening.

But remember: the crypto world is not a sprint; it is a marathon. To truly make money, it relies on patience, strategy, and continuous learning.

Don’t be afraid of short-term losses; as long as the direction is correct, what is lost will eventually return. Learn while you operate, summarize both gains and losses, manage risks, and you can truly grow.

Cognition determines choice, and choice determines wealth.
The gap in thinking decides the direction of life. Are you one who reaches the shore, or just a wave washed up on the shore? The decision is yours to make now.

Good market means many opportunities, and a bad market still has opportunities!
Whether in a bull or bear market, opportunities are right there. Contact @陈浩南玩币 to lead you to success!

Follow: sui pepe ethfi doge b sol trump
#BTC再创新高 #币安HODLer空投HAEDAL
#特朗普晚宴 #币安Alpha推出MERL交易竞赛
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Altcoin Season 2.0: From 'General Surge' to 'Narrative Rotation' If an altcoin season occurs in the future, its form may differ from traditional models: Change in funding pathways: By 2025, funding will no longer rely on BTC overflow, but will directly flow into specific sectors (such as AI, RWA, PolitiFi) through stablecoins (like USDT), creating localized hotspots rather than a widespread explosion. Institution-led narratives: Reports from institutions like Grayscale and a16z have become new sources of narratives, with political tokens (such as those related to Trump) and compliant projects (like RWA) being more favored. Decline in retail participation: Data from the derivatives market shows that the open interest in altcoin futures is continuously declining, with clear signs of major capital withdrawal. #币安Alpha空投SOON #币安Alpha推出MERL交易竞赛 #BTC挑战11万大关
Altcoin Season 2.0: From 'General Surge' to 'Narrative Rotation'

If an altcoin season occurs in the future, its form may differ from traditional models:

Change in funding pathways: By 2025, funding will no longer rely on BTC overflow, but will directly flow into specific sectors (such as AI, RWA, PolitiFi) through stablecoins (like USDT), creating localized hotspots rather than a widespread explosion.

Institution-led narratives: Reports from institutions like Grayscale and a16z have become new sources of narratives, with political tokens (such as those related to Trump) and compliant projects (like RWA) being more favored.

Decline in retail participation: Data from the derivatives market shows that the open interest in altcoin futures is continuously declining, with clear signs of major capital withdrawal.

#币安Alpha空投SOON #币安Alpha推出MERL交易竞赛 #BTC挑战11万大关
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Will the altcoin season come? Positioning in the fluctuations, waiting for clear signals Recently, altcoins have shown signs of differentiated rebounds (such as ETH, SOL, etc. with a 24-hour increase of over 6%), but whether a comprehensive 'altcoin season' can be formed still requires observation of the following factors: BTC market share decline: Bitcoin's dominance has dropped sharply from 65% to 63.89%, indicating initial signs of capital flowing into altcoins, with the altcoin quarterly index skyrocketing from 23 to 36 within 4 days, nearing the 'altcoin season' threshold. Macroeconomic liquidity catalysis: The market expects the Federal Reserve may lower interest rates by the end of Q3, and loose liquidity will benefit high-risk assets. After the interest rate cut cycle begins, altcoins often experience an explosion. Localized hotspots drive: Regulatory favorable policies (such as new cryptocurrency regulations in the U.S.) drive public chains (SOL, AVAX) and MEME coins (PEPE) for short-term speculation, but overall still relies on the emotional transmission after BTC breakthrough. The current rebound is mainly based on localized rotation, making a broad increase more difficult. It is recommended to gradually position in leading and undervalued public chains like ETH and SOL, with a focus on the implementation of Federal Reserve policies and whether BTC's dominance can continue to decline. Operational reminder: Market sentiment is easily affected by macro disturbances, avoid chasing highs. If altcoins pull back to near the April low, positions can be gradually built, as the interest rate cut cycle in the second half of the year may be the best window. #Strategy增持比特币 #币安Alpha上新 #币安Alpha推出MERL交易竞赛
Will the altcoin season come? Positioning in the fluctuations, waiting for clear signals

Recently, altcoins have shown signs of differentiated rebounds (such as ETH, SOL, etc. with a 24-hour increase of over 6%), but whether a comprehensive 'altcoin season' can be formed still requires observation of the following factors:

BTC market share decline: Bitcoin's dominance has dropped sharply from 65% to 63.89%, indicating initial signs of capital flowing into altcoins, with the altcoin quarterly index skyrocketing from 23 to 36 within 4 days, nearing the 'altcoin season' threshold.

Macroeconomic liquidity catalysis: The market expects the Federal Reserve may lower interest rates by the end of Q3, and loose liquidity will benefit high-risk assets. After the interest rate cut cycle begins, altcoins often experience an explosion.

Localized hotspots drive: Regulatory favorable policies (such as new cryptocurrency regulations in the U.S.) drive public chains (SOL, AVAX) and MEME coins (PEPE) for short-term speculation, but overall still relies on the emotional transmission after BTC breakthrough.

The current rebound is mainly based on localized rotation, making a broad increase more difficult. It is recommended to gradually position in leading and undervalued public chains like ETH and SOL, with a focus on the implementation of Federal Reserve policies and whether BTC's dominance can continue to decline.

Operational reminder: Market sentiment is easily affected by macro disturbances, avoid chasing highs. If altcoins pull back to near the April low, positions can be gradually built, as the interest rate cut cycle in the second half of the year may be the best window.

#Strategy增持比特币 #币安Alpha上新 #币安Alpha推出MERL交易竞赛
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Bullish
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Ethereum Whales Stirring: 1.4 Million ETH Accumulation Behind the $3000 Charge As Ethereum broke the resistance level of $2800, on-chain data unveiled a hidden script—between April and May, whales holding 10,000 to 100,000 ETH quietly swallowed 1.4 million ETH, increasing their holdings from 15.8 million to 17.2 million. This batch of 'smart money' positioned itself at the low of $1600, accurately hitting the subsequent surge approaching $3100. The technicals are also signaling: the 12-hour chart shows a golden cross, with the 50-day moving average piercing through the 200-day moving average, indicating the accumulation of upward momentum. Analysts are closely watching the $2233 support line; maintaining this level could lead to a sprint towards $3000, while losing it may plunge back to the abyss of $1900. At this moment, ETH hovers around $2478, with a slight weekly drop of 2.74%. The silent chips of whales and the flashing candlesticks are brewing the next wave of turbulence in the deep sea of the crypto market. $BTC $ENA $XRP #币安Alpha上新 #Strategy增持比特币 #币安Alpha推出MERL交易竞赛
Ethereum Whales Stirring: 1.4 Million ETH Accumulation Behind the $3000 Charge

As Ethereum broke the resistance level of $2800, on-chain data unveiled a hidden script—between April and May, whales holding 10,000 to 100,000 ETH quietly swallowed 1.4 million ETH, increasing their holdings from 15.8 million to 17.2 million. This batch of 'smart money' positioned itself at the low of $1600, accurately hitting the subsequent surge approaching $3100.

The technicals are also signaling: the 12-hour chart shows a golden cross, with the 50-day moving average piercing through the 200-day moving average, indicating the accumulation of upward momentum. Analysts are closely watching the $2233 support line; maintaining this level could lead to a sprint towards $3000, while losing it may plunge back to the abyss of $1900.

At this moment, ETH hovers around $2478, with a slight weekly drop of 2.74%. The silent chips of whales and the flashing candlesticks are brewing the next wave of turbulence in the deep sea of the crypto market.

$BTC $ENA $XRP #币安Alpha上新 #Strategy增持比特币 #币安Alpha推出MERL交易竞赛
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In the cryptocurrency world, even with just a hundred yuan in capital, there are unique ways to play. The primary task is to raise approximately 730 yuan in funds, which is equivalent to 100U, known as the '100U Warrior Starting Point' among many players. Once holding 100U, the primary strategy is to seize the best timing, using 50U as margin and leveraging 100 times to easily purchase about 0.2. It should be noted that once the market fluctuates more than 20 points, there may be a risk of liquidation. Therefore, a prudent approach is to wait until profits at least double before taking action. If a liquidation occurs, there is still a chance for a comeback; if all goes well, one should wait until the increase exceeds 50 points before selling. By operating in this way, the capital can rise to 200U. Then, reinvest 100U as margin, repeat this process, and the capital will increase to 400U. Next, using 200U as margin, continue the operation, and the capital can jump to 800U. Three consecutive precise operations can achieve the small goal of 800U. When the capital accumulates to 800U, one should start to adopt a diversified strategy, moving forward steadily with 100U each time. Even occasional mistakes will not affect the overall situation. Give yourself a month to gradually elevate the capital to a steady level of 200U. After a month, divide the funds into 10 parts, each consisting of 200U, and continue with steady operations for another month. The capital is expected to soar to 10,000-20,000U. Once the capital breaks through the 10,000U mark, further divide it into 20 parts, each consisting of 50U for operation. Before the capital reaches 10,000U, precise timing for opening positions must be grasped, using a staggered entry model to reduce risk. Once the capital exceeds 10,000U, full-position operations can be considered, but strict management of positions is essential. The leap from 100U to 10,000U may only take 2-3 months. When the capital exceeds 1,000U, the real test lies in position management ability. Whether one can resist temptation and avoid blindly going full position becomes the key to success or failure. A mistake in full-position operation may lead to liquidation, losing the chance for a comeback. On the trading path, impatience is to be avoided. When the direction is wrong, one should bravely admit it and decisively cut losses. Make friends with time and move forward steadily!!! Insight into trends, careful planning!!! If you currently feel helpless and confused about trading, and want to learn more about cryptocurrency-related knowledge and cutting-edge information, click on my avatar to follow me, and you won't get lost in this bull market! #币安Alpha推出MERL交易竞赛 #币安Alpha上新 #GENIUS稳定币法案
In the cryptocurrency world, even with just a hundred yuan in capital, there are unique ways to play.
The primary task is to raise approximately 730 yuan in funds, which is equivalent to 100U, known as the '100U Warrior Starting Point' among many players.
Once holding 100U, the primary strategy is to seize the best timing, using 50U as margin and leveraging 100 times to easily purchase about 0.2. It should be noted that once the market fluctuates more than 20 points, there may be a risk of liquidation. Therefore, a prudent approach is to wait until profits at least double before taking action. If a liquidation occurs, there is still a chance for a comeback; if all goes well, one should wait until the increase exceeds 50 points before selling. By operating in this way, the capital can rise to 200U. Then, reinvest 100U as margin, repeat this process, and the capital will increase to 400U. Next, using 200U as margin, continue the operation, and the capital can jump to 800U. Three consecutive precise operations can achieve the small goal of 800U.
When the capital accumulates to 800U, one should start to adopt a diversified strategy, moving forward steadily with 100U each time. Even occasional mistakes will not affect the overall situation. Give yourself a month to gradually elevate the capital to a steady level of 200U.
After a month, divide the funds into 10 parts, each consisting of 200U, and continue with steady operations for another month. The capital is expected to soar to 10,000-20,000U. Once the capital breaks through the 10,000U mark, further divide it into 20 parts, each consisting of 50U for operation. Before the capital reaches 10,000U, precise timing for opening positions must be grasped, using a staggered entry model to reduce risk. Once the capital exceeds 10,000U, full-position operations can be considered, but strict management of positions is essential. The leap from 100U to 10,000U may only take 2-3 months.
When the capital exceeds 1,000U, the real test lies in position management ability. Whether one can resist temptation and avoid blindly going full position becomes the key to success or failure. A mistake in full-position operation may lead to liquidation, losing the chance for a comeback.
On the trading path, impatience is to be avoided. When the direction is wrong, one should bravely admit it and decisively cut losses. Make friends with time and move forward steadily!!!
Insight into trends, careful planning!!!
If you currently feel helpless and confused about trading, and want to learn more about cryptocurrency-related knowledge and cutting-edge information, click on my avatar to follow me, and you won't get lost in this bull market!
#币安Alpha推出MERL交易竞赛
#币安Alpha上新
#GENIUS稳定币法案
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First, let's look at the monthly chart. After several unsuccessful attempts to break through the 108,000 mark, it seems that the influence of increased institutional holdings today is quite strong, but we are still just short of a breakthrough. To surpass the 110,000 barrier in the short term, a pullback for energy accumulation is needed, along with macro news driving the market. Next, from the weekly perspective, we have started to form an M-top reversal trend, and the trading volume is also average. Although the MACD is still in a golden cross formation, this will not affect the retracement trend of Bitcoin; it will only delay the timing of the retracement. If it falls below the 105,000 support level, a major bearish trend is about to start. Of course, we cannot rule out targeted attacks by institutions on the short side. The only significant resistance above is at 108,000, so shorting on rallies may be a strategy in the short term: Support levels: 105,000-102,000-98,400 In summary, we are currently in a topping phase. Aggressive traders may short at high positions, while conservative traders might wait for a successful top formation before entering. Investors need to remain cautious during high-level fluctuations and respond flexibly to potential sharp volatility in the market. #币安HODLer空投HAEDAL #BTC挑战11万大关 #特朗普晚宴 #币安Alpha推出MERL交易竞赛 #币安Alpha上新 $BTC $ETH
First, let's look at the monthly chart. After several unsuccessful attempts to break through the 108,000 mark, it seems that the influence of increased institutional holdings today is quite strong, but we are still just short of a breakthrough. To surpass the 110,000 barrier in the short term, a pullback for energy accumulation is needed, along with macro news driving the market.

Next, from the weekly perspective, we have started to form an M-top reversal trend, and the trading volume is also average. Although the MACD is still in a golden cross formation, this will not affect the retracement trend of Bitcoin; it will only delay the timing of the retracement. If it falls below the 105,000 support level, a major bearish trend is about to start. Of course, we cannot rule out targeted attacks by institutions on the short side. The only significant resistance above is at 108,000, so shorting on rallies may be a strategy in the short term:

Support levels: 105,000-102,000-98,400

In summary, we are currently in a topping phase. Aggressive traders may short at high positions, while conservative traders might wait for a successful top formation before entering. Investors need to remain cautious during high-level fluctuations and respond flexibly to potential sharp volatility in the market. #币安HODLer空投HAEDAL #BTC挑战11万大关 #特朗普晚宴 #币安Alpha推出MERL交易竞赛 #币安Alpha上新 $BTC $ETH
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