🚨 #BinanceAlphaAlrt 🚨 $BTC showing strong support at $60,5 | Frasat Asher on Binance Square

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🚨 #BinanceAlphaAlrt 🚨$BTC showing strong support at $60,500 — if it holds, expect a potential bounce toward $63K.
🟢 RSI recovering
🟢 Volume increasing on hourly chart
Keep an eye on the breakout zone around $61,800.
Not financial advice. Always DYOR. 📊💹$ETH 

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🔥 #BinanceTGEXNY - Big Things Are Happening in New York! 🔥 TGEXNY (Token Generation Event in New York) is ramping up with exclusive previews and trading activity 🔹 Highlights include: 🚀 XNY Token Launch Teaser—see what's next on the Binance horizon! 💬 Fresh market updates: #BANANAS31 sees a dip, #SHIB picks up steam. 📈 Hot altcoin strategies and real‑time sentiment shared by top traders. 🎁 Exclusive insights for Binance Square creators—get ready for content bounties & giveaways. PLUS: 💡 Join the wave of #WriteToEarn content—share your TGEXNY analysis and get rewarded. Stay tuned: VIP events, token reveals, NFT drop teasers, and CZ’s keynote ahead$BNB

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#USCorePCEMay :The U.S. Core PCE (Personal Consumption Expenditures) Price Index for May 2025, a key inflation measure closely watched by the Federal Reserve, was released on June 27. Here's a concise overview of the data and its implications:(binance.com) 📊 May 2025 Core PCE Highlights Monthly Change (MoM): +0.2% (vs. +0.1% expected) Year-over-Year (YoY): +2.7% (vs. +2.6% expected) Headline PCE (includes food & energy): +0.1% MoM, +2.3% YoY (binance.com) 🔍 Key Takeaways The Core PCE inflation rate came in slightly above expectations, indicating persistent inflationary pressures. Consumer spending decreased by 0.1%, and personal income declined by 0.4%, suggesting potential economic slowdown. These figures may influence the Federal Reserve's decisions on interest rate cuts, with market expectations for a July cut decreasing and a higher likelihood of a cut in September. (binance.com, binance.com) 📈 Market Reaction U.S. Dollar: Weakened slightly. Equity Markets: S&P 500 and Nasdaq reached record highs, reflecting investor optimism. Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) showed mild bullish momentum. (binance.com, binance.com) 💡 Implications The slightly higher-than-expected Core PCE suggests that inflation remains above the Federal Reserve's 2% target. This may lead to a delay in interest rate cuts, with markets now anticipating a potential cut in September rather than July. Investors and traders should monitor upcoming economic indicators, such as the June CPI report due on July 11, for further insights into inflation trends and monetary policy directions. (binance.com)

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$BTC pumped after clearing the lower side liquidity and now is trading above 100k$. Now there are two things First This is market's bull trap to trap long positions and it's gonna go further down after a little pump or Secondly It may be recovering from the impact of war. The chances of first one is higher than the second. Right now market direction is unclear. It will create some fake movements now to trap traders. A good or further bad news can make it's direction clear. Use small position size in these situation and As i said earlier it's good time to do some buying in spot. Don't fall for the traps!$BTC

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