🐋 This whale increased his long position to $390 million M | TopCryptoNews on Binance Square

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🐋 This whale increased his long position to $390 million
Maybe this whale knew about the purchase in advance 🤔
By the way, his Long position is now in the plus by $9 million.

#SaylorBTCPurchase 

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📣 Solana Targets $262 as Analyst Spots Cup and Handle Bull Pattern Solana bounces back to $172 as traders set their sights on $262. A breakout from a rounding bottom pattern and strong futures market data are fueling bullish momentum. Solana’s move above the $170 mark signals a strong resurgence in buying pressure. Bulls are now eyeing the key psychological level of $200. Could a breakout in SOL lead to a new all-time high? 🔸 Solana Price Analysis Targets $262 Solana is currently trading at $172, up 1.75% today after a 7% decline over the past two days. As SOL recovers from two consecutive red candles, it hints at a major breakout rally, forming a rounding bottom pattern. Solana has made a U-shaped recovery following a 60% drop from $262 to $105 between January 18 and April 8. With a 64% gain over the past 34 days, SOL now challenges the 50% Fibonacci retracement level at $183 — the midpoint of the previous decline. This 50% level also acts as the neckline of the rounding bottom pattern on the daily chart. A breakout above this level could push SOL toward the 100% Fibonacci level at $262, a projected 52% increase. The RSI has begun to rise after dipping below the 14-day SMA from overbought territory, supporting the bullish outlook. Meanwhile, the 50-day and 100-day EMAs are on the verge of a bullish crossover, which may serve as a buy signal. On the downside, a breakdown below the 200-day EMA would invalidate the reversal pattern, potentially triggering a decline to the $150 level. 🔸 Analyst Predicts Parabolic Rise Above $200 Echoing this bullish sentiment, crypto analyst Ali Martinez recently identified a cup and handle pattern in Solana’s weekly chart. According to Martinez, the handle is forming as a short-term descending channel, with resistance near the $200 level. If SOL can break above this psychological barrier, the analyst predicts a parabolic move into triple-digit territory. #SOL #Solana

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⭐️ $XRP Price at Risk of Crashing 50%, Here’s Why It’s an exciting weekend for crypto fans, and especially for those watching XRP closely. There’s been an update about Ripple’s case with the SEC, and while it’s not terrible news, it’s not great either. According to an analyst, right now, XRP is trading around $2.43 — but the situation feels a bit shaky. Over the past three days, XRP tried to break through a key resistance level at $2.62, but it failed every single time. This isn’t a good sign because if buyers and big investors (like institutions) were strong in the market, XRP should have easily crossed that point. Even worse, instead of moving up, the price actually dropped below $2.50 yesterday. At this stage, the market is leaning a little more bearish rather than bullish. According to the analysis, for XRP to look positive again, it needs to climb back above $2.50 — and ideally break past $2.62 with strong buying support. If XRP continues to stay above $2.30, things are still under control. But if it falls below that level, traders should be ready for the price to drop closer to $2.00. That’s why the $2.30 support level is so important right now. 🔸 Be Ready for All Possibilities Despite these short-term worries, the long-term outlook for XRP remains positive. Many still believe XRP could reach $10 by mid-2026 and even dream of a $100 price in the next five to ten years. But the road there won’t be smooth. The crypto market is famously unpredictable. Prices can surge or crash without warning, and history shows that bull runs can be short-lived. While some believe the bull market might already be over after Bitcoin touched $110,000 and altcoins had their moment, others remain optimistic. #XRP #Ripple

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🔥 Trump's ‘Big, Beautiful Bill’ Could Push Millions to Crypto If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. 🔸 ‘Big, Beautiful Bill’ Remittance Tax May Spur Crypto Adoption Resurgence While crypto’s remittance use case has failed to gain traction, this may be about to change. The Republican priority bill, referred to as the “big, beautiful bill” by President Donald Trump, proposes introducing a 5% tax on remittances sent by non-U.S. citizens to their home countries. This could affect over 40 million people in the U.S., including recipients of various visa programs who wire part of their income to support their families abroad. The measure has already faced rejection from countries like Mexico, which benefit greatly from the flow of funds from the U.S. Heavily criticizing the bill and its effects, Mexico’s President Claudia Sheinbaum stated: 💬 Remittances are the fruit of the efforts of those who, through their honest work, strengthen not only the Mexican economy but also the United States’, which is why we consider this measure to be arbitrary and unjust. Bank of Mexico’s figures indicate that in 2024, remittances to Mexico will exceed $64 billion. The potential application of the tax could generate over $3 billion if remittance volumes remain close to last year’s levels. Nonetheless, even if the bill is applied, analysts believe these capital flows will find a way to reach their destination, evading this tax. “Some senders would find ways to send money differently, through unauthorized channels,” said Manuel Orozco, director of the Migration, Remittances, and Development Program at the Inter-American Dialogue. Crypto might be one of these “unauthorized channels” that these migrants could use to avoid getting slashed by the U.S. government. #BTC #Bitcoin #Trump

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🤔 This spiral hourly chart shows how the BTC price behaves during the halving What it shows: The orange line is the growth of the Bitcoin price over time. ⌛ The dial is not time, but the number of blocks in the Bitcoin network. Each circle in the spiral is a new cycle of 210,000 blocks, about 4 years. 🪙 Orange circles are halvings, when the reward for miners is halved. 🟢 Green dots are peak prices 🟠 Yellow are average peaks 🔴 Red are market crashes What is important to understand: 1. Bitcoin works in cycles, almost always after the halving there is growth. 2. The highest prices usually occur 12-18 months after the halving. 3. Then a collapse follows, and the market cools down until the next cycle. 4. We have already passed the halving in 2024, which means, by analogy with previous cycles, 2025 could be the year of a new peak. #Altcoin #altcoins

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🟣 Solana Targets $262 as Analyst Spots Cup and Handle Bull Pattern Solana bounces back to $172 as traders set their sights on $262. A breakout from a rounding bottom pattern and strong futures market data are fueling bullish momentum. Solana’s move above the $170 mark signals a strong resurgence in buying pressure. Bulls are now eyeing the key psychological level of $200. Could a breakout in SOL lead to a new all-time high? 🔸 Solana Price Analysis Targets $262 Solana is currently trading at $172, up 1.75% today after a 7% decline over the past two days. As SOL recovers from two consecutive red candles, it hints at a major breakout rally, forming a rounding bottom pattern. Solana has made a U-shaped recovery following a 60% drop from $262 to $105 between January 18 and April 8. With a 64% gain over the past 34 days, SOL now challenges the 50% Fibonacci retracement level at $183 — the midpoint of the previous decline. This 50% level also acts as the neckline of the rounding bottom pattern on the daily chart. A breakout above this level could push SOL toward the 100% Fibonacci level at $262, a projected 52% increase. The RSI has begun to rise after dipping below the 14-day SMA from overbought territory, supporting the bullish outlook. Meanwhile, the 50-day and 100-day EMAs are on the verge of a bullish crossover, which may serve as a buy signal. On the downside, a breakdown below the 200-day EMA would invalidate the reversal pattern, potentially triggering a decline to the $150 level. 🔸 Analyst Predicts Parabolic Rise Above $200 Echoing this bullish sentiment, crypto analyst Ali Martinez recently identified a cup and handle pattern in Solana’s weekly chart. According to Martinez, the handle is forming as a short-term descending channel, with resistance near the $200 level. If SOL can break above this psychological barrier, the analyst predicts a parabolic move into triple-digit territory. #SOL #Solana

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