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OKX Alert! SOPH/USDT is on fire with a 33% surge in the last 24 hours, reaching $0.0683 and wicking as high as $0.07498. This kind of volatility is rare and often signals a trend reversal or the start of a massive leg up. Market Analysis The market structure shows a strong bullish engulfing candle on the daily chart, breaking out from a previous range near $0.050-0.060 with massive volume and momentum. The price is currently consolidating under key resistance at $0.070-0.075, which could be a sign of a potential breakout or a pause before the next move. Trading Opportunities For traders, a bullish bias is confirmed above $0.07000, with potential targets at $0.08000 and $0.08800. On the other hand, a bearish rejection below $0.06400 could lead to a retracement towards $0.05600 and $0.05000. It's essential to set stop-losses accordingly, with $0.06200 serving as a potential stop-loss for long positions and $0.07000 for short positions. Market Narrative Given SOPH's recent Binance listing and Layer 1 protocol status, this volatility might be the start of a price discovery phase. The surge in volume and momentum could indicate a new trend emerging, making it an exciting time for traders and investors. Caution and Next Steps However, with profit-taking already seen at $0.07498, it's wise to wait for a clean retest or breakout confirmation before jumping in. Traders should exercise caution and consider waiting for a clearer signal before entering a position. This one's worth watching closely for potential big gains, and OKX traders should stay alert for further developments.#MyCOSTrade
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Top #Bitcoin holders: 1. Satoshi Nakamoto: 1.1M BTC ($114B) 2. Coinbase: 983K BTC ($103B) 3. Binance: 619K BTC ($65B) 4. BlackRock: 600K BTC ($63B) 5. Strategy: 449K BTC ($47B) 6. Fidelity: 346K BTC ($36B) 7. Grayscale: 218K BTC ($23B) 8. U.S. Government: 196K BTC ($20B) #SaylorBTCPurchase $BTC who is next ,you ,me or who...........💭
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can Bitcoin replace gold 🪙$BTC #TrumpMediaBitcoinTreasury
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Binance is my go-to platform for crypto trading! 🚀📈 Seamless transactions, robust security, and innovative features. What's not to love? #Binance #Crypto #TradingTypes101 $BTC $BNB $SOL
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President Trump announced plans to raise steel and aluminum tariffs from 25% to 50% starting June 4. This move is part of his administration's efforts to protect domestic manufacturing and impose steep protective tariffs on nearly all goods imported into the US. The average effective US tariff rate has risen significantly, reaching 17.8% as of May 2025. Impact on Trade The escalated tariffs have sparked concerns about a trade war, particularly with China, where baseline tariffs on Chinese imports have been raised to 145%. In response, China imposed a minimum 125% tariff on US goods and restricted exports of rare earths critical to high-tech industries Bitcoin Market Update Meanwhile, Bitcoin's value dropped below $104,000, experiencing a 6.2% decline over the past week. Over $1 billion has been liquidated in the past 24 hours, with most liquidated positions being Long trades. Investors are slowly locking in profits. Trump's Crypto Venture Additionally, Donald Trump's new cryptocurrency, WLFI, is set to launch next month with a market cap of $1.5 billion, according to World Liberty Financial. This move suggests the Trump family is exploring opportunities in the cryptocurrency market.#TrumpMediaBitcoinTreasury $BTC
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