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Trading Types
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#TradingTypes101 Cardano ($ADA ) is trading at 0.6987, showing a sharp 6.77% drop in the past 24 hours, signaling strong selling pressure. The price fluctuated between a high of 0.7566 and a low of 0.6845, reflecting notable intraday volatility. With a 24h volume of 154.3 million $ADA and 110.89 million USDT, the market is highly active, offering opportunities for both breakout and pullback traders. Key resistance is forming near 0.7342, while support is holding around 0.6845. Traders should monitor indicators like MACD, EMA, and SAR for momentum shifts. A break above 0.7342 could trigger a bullish reversal, while a drop below 0.6845 may open room for further downside. Stay alert and trade with precision. #CEXvsDEX101 #TradingTypes101 #ElonMuskDOGEDeparture #ElonMuskDOGEDeparture #Bitcoin2025 $ADA
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$BTC Woke up and saw that my position was gone, damn it, it turned out that the stop-loss was triggered and I have no position left. Brothers, did everyone's short positions get stopped out?
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#USHouseMarketStructureDraft According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.
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#FOMCMeeting #FOMCMeeting The FOMC meeting on May 6-7, 2025, wrapped up with the Federal Reserve deciding to keep interest rates unchanged at 4.25%-4.5%, which was pretty much what everyone expected. Chair Jerome Powell sounded a cautious note, pointing to the uncertainty surrounding Trump's tariffs and stubborn inflation. Markets are now betting on no rate cuts until June, with Powell's press conference hinting at patience given the strong employment numbers and cooling inflation. Investors are on high alert for any hints about future policy, especially with the potential impact of tariffs looming large. Gold and crypto markets are still pretty jumpy, while S&P futures took a slight dip. The Fed's next meeting on June 17-18 might bring some clarity on rate cuts. For now, it's a wait-and-see game.
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