Binance Square

Rejected

1,292 views
5 Discussing
Hamza Siraj Official
--
Bearish
โš ๏ธ $BTC #Rejected From $123K โ€” Is This Just a Dip or a Trend Shift? ๐Ÿ’ธ Current Price: 116,417.01 ๐Ÿ“‰ 24h Change: -4.52% ๐Ÿ“Š 24h High: 122,120.00 | ๐Ÿ“‰ 24h Low: 116,250.00 ๐Ÿ”„ 24h Volume: 27.66K (BTC), 3.28B (USDT) --- ๐Ÿ“Š Technical Analysis (Chart Insight) ๐Ÿ“Œ Sharp Rejection: Bitcoin hit a peak of $123,218 but was immediately rejected โ€” a strong red candle has formed, signaling short-term sell pressure. ๐Ÿ“Œ Key Support: AVL sits at $117,487. If price can reclaim this, bulls may take charge again. ๐Ÿ“Œ Structure Note: This could be a healthy pullback within a larger uptrend โ€” price is still well above 90-day trend levels (+38.30%). ๐Ÿ“Œ Watch Levels: Below $116,000, price could slide toward $112,000โ€“$108,000 zones. --- ๐Ÿ“ฐ Whatโ€™s Driving This BTC Move? โœ… Profit-Taking Post-Rally: After rising from $105K to $123K, many traders are locking profits โ€” normal in volatile markets. โœ… Macro Uncertainty: Some investors expect interest rate news this week from the U.S. Fed, which could temporarily affect crypto demand. โœ… High ETF Volume: Despite the drop, BTC ETFs are still showing high inflows โ€” long-term interest remains strong. โœ… Order Book Support: Buy pressure still outweighs sell (67% green) โ€” indicating whales are likely buying the dip. --- ๐Ÿ”ฎ What Could Happen Next? (Not Financial Advice) ๐Ÿ“Œ If BTC holds above $116Kโ€“$117K, it may reclaim momentum toward $120K+ again. ๐Ÿ“Œ But if it loses that zone, a dip toward $112K or even $108K is possible before next bounce. ๐Ÿ“Œ Market reaction to U.S. news + ETF flows will decide the short-term direction. --- โš ๏ธ Final Thoughts: BTC is cooling off after a massive surge โ€” but no breakdown yet. Dips like these are common in strong uptrends. If volume stays solid, this might just be a setup for the next push. Short-term traders should watch for reclaim of AVL ($117K+) to confirm recovery signs. --- FOLLOW โœ… #BinanceTurns8 #HamzaSirajOffical #TradeInsightPro #Write2Earn
โš ๏ธ $BTC #Rejected From $123K โ€” Is This Just a Dip or a Trend Shift?

๐Ÿ’ธ Current Price: 116,417.01
๐Ÿ“‰ 24h Change: -4.52%
๐Ÿ“Š 24h High: 122,120.00 | ๐Ÿ“‰ 24h Low: 116,250.00
๐Ÿ”„ 24h Volume: 27.66K (BTC), 3.28B (USDT)

---

๐Ÿ“Š Technical Analysis (Chart Insight)

๐Ÿ“Œ Sharp Rejection: Bitcoin hit a peak of $123,218 but was immediately rejected โ€” a strong red candle has formed, signaling short-term sell pressure.

๐Ÿ“Œ Key Support: AVL sits at $117,487. If price can reclaim this, bulls may take charge again.

๐Ÿ“Œ Structure Note: This could be a healthy pullback within a larger uptrend โ€” price is still well above 90-day trend levels (+38.30%).

๐Ÿ“Œ Watch Levels: Below $116,000, price could slide toward $112,000โ€“$108,000 zones.

---

๐Ÿ“ฐ Whatโ€™s Driving This BTC Move?

โœ… Profit-Taking Post-Rally: After rising from $105K to $123K, many traders are locking profits โ€” normal in volatile markets.

โœ… Macro Uncertainty: Some investors expect interest rate news this week from the U.S. Fed, which could temporarily affect crypto demand.

โœ… High ETF Volume: Despite the drop, BTC ETFs are still showing high inflows โ€” long-term interest remains strong.

โœ… Order Book Support: Buy pressure still outweighs sell (67% green) โ€” indicating whales are likely buying the dip.

---

๐Ÿ”ฎ What Could Happen Next? (Not Financial Advice)

๐Ÿ“Œ If BTC holds above $116Kโ€“$117K, it may reclaim momentum toward $120K+ again.

๐Ÿ“Œ But if it loses that zone, a dip toward $112K or even $108K is possible before next bounce.

๐Ÿ“Œ Market reaction to U.S. news + ETF flows will decide the short-term direction.

---

โš ๏ธ Final Thoughts:

BTC is cooling off after a massive surge โ€” but no breakdown yet.

Dips like these are common in strong uptrends. If volume stays solid, this might just be a setup for the next push.

Short-term traders should watch for reclaim of AVL ($117K+) to confirm recovery signs.

---

FOLLOW โœ…

#BinanceTurns8 #HamzaSirajOffical #TradeInsightPro #Write2Earn
๐Ÿš€โš ๏ธ$SOL UPDATES: Looks like $SOL is itching for an upward breakout, but once again, the market isn't ready to let it fly just yet! ๐ŸŒช๏ธ Sitting at $130.16 (-2.81%), the recent attempt to push higher was swiftly met with rejection. The resistance at $135.58 holds strong, keeping those bullish hopes in check. ๐Ÿ›‘ But donโ€™t count it out yetโ€”momentum could shift fast! If buyers step in, we could see a breakout on the horizon, but for now, we stay patient as the market digests this battle. ๐Ÿ“Š Keep a close eye! Next move could make or break. #SolanaUSTD #rejected #NFPWatch #USDataImpact
๐Ÿš€โš ๏ธ$SOL UPDATES:

Looks like $SOL is itching for an upward breakout, but once again, the market isn't ready to let it fly just yet! ๐ŸŒช๏ธ Sitting at $130.16 (-2.81%), the recent attempt to push higher was swiftly met with rejection. The resistance at $135.58 holds strong, keeping those bullish hopes in check. ๐Ÿ›‘

But donโ€™t count it out yetโ€”momentum could shift fast! If buyers step in, we could see a breakout on the horizon, but for now, we stay patient as the market digests this battle.

๐Ÿ“Š Keep a close eye! Next move could make or break.
#SolanaUSTD #rejected #NFPWatch #USDataImpact
๐Ÿšจ#Meta Platforms shareholders decisively #rejected a proposal to add $BTC to the companyโ€™s $72 billion cash reserves during the May 30 annual meeting. ๐Ÿ”น The vote ended with 4.98 billion shares opposed and only 3.92 million in favor, signaling strong resistance to integrating crypto into Metaโ€™s corporate treasury strategy. {spot}(BTCUSDT)
๐Ÿšจ#Meta Platforms shareholders decisively #rejected a proposal to add $BTC to the companyโ€™s $72 billion cash reserves during the May 30 annual meeting.

๐Ÿ”น The vote ended with 4.98 billion shares opposed and only 3.92 million in favor, signaling strong resistance to integrating crypto into Metaโ€™s corporate treasury strategy.
๐Ÿšจ Binance Rejects Pi Listing โ€“ The Controversial Move That Shocked Investors! ๐Ÿ”ฅ Binanceโ€™s decision to exclude Pi Network from its exchange has ignited heated discussions across the crypto space. While some view it as a precautionary step, others speculate that it reveals deeper doubts about Piโ€™s transparency and liquidity. ๐Ÿ” Key Concerns Behind Binanceโ€™s Decision: โš ๏ธ Locked Balances โ€“ The majority of Pi coins remain inaccessible, preventing an immediate price dump but also stifling real market activity. โš ๏ธ Unverified Users โ€“ Many Pi holders havenโ€™t completed KYC, delaying migration & transactions. โš ๏ธ Centralized Control โ€“ The Pi Core Team holds significant power, raising concerns for top-tier exchanges like Binance. Until these issues are resolved, Binanceโ€™s refusal to list Pi seems like a strategic move to protect market integrity and avoid unnecessary risks. ๐Ÿšง ๐Ÿ’ฌ Whatโ€™s your take? Did Binance make the right call, or is Pi being unfairly sidelined? Drop your thoughts below! ๐Ÿ‘‡๐Ÿ”ฅ #picoin #rejected #Binance
๐Ÿšจ Binance Rejects Pi Listing โ€“ The Controversial Move That Shocked Investors! ๐Ÿ”ฅ

Binanceโ€™s decision to exclude Pi Network from its exchange has ignited heated discussions across the crypto space. While some view it as a precautionary step, others speculate that it reveals deeper doubts about Piโ€™s transparency and liquidity.

๐Ÿ” Key Concerns Behind Binanceโ€™s Decision:
โš ๏ธ Locked Balances โ€“ The majority of Pi coins remain inaccessible, preventing an immediate price dump but also stifling real market activity.
โš ๏ธ Unverified Users โ€“ Many Pi holders havenโ€™t completed KYC, delaying migration & transactions.
โš ๏ธ Centralized Control โ€“ The Pi Core Team holds significant power, raising concerns for top-tier exchanges like Binance.

Until these issues are resolved, Binanceโ€™s refusal to list Pi seems like a strategic move to protect market integrity and avoid unnecessary risks. ๐Ÿšง

๐Ÿ’ฌ Whatโ€™s your take? Did Binance make the right call, or is Pi being unfairly sidelined? Drop your thoughts below! ๐Ÿ‘‡๐Ÿ”ฅ

#picoin #rejected #Binance
Login to explore more contents
Explore the latest crypto news
โšก๏ธ Be a part of the latests discussions in crypto
๐Ÿ’ฌ Interact with your favorite creators
๐Ÿ‘ Enjoy content that interests you
Email / Phone number