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This Binance chart displays the BNB/USDT trading pair, providing a snapshot of its price action and key indicators. As of the time of the screenshot, the current price of BNB is 660.48 USDT, showing a slight decline of -0.27% for the day, with its equivalent value in Bangladeshi Taka being approximately ą§³80,644.6. The chart is set to a 4-hour timeframe, revealing several candlesticks that represent price movements over four-hour intervals. We can observe moving averages (MAs) plotted on the chart: MA(7) at 659.68, MA(25) at 648.44, and MA(99) at 631.77. These indicate a generally upward trend in the recent past, as the shorter-term MAs are above the longer-term ones. However, the price appears to be consolidating around the 660 USDT mark, after reaching a recent high near 697.73. Below the price chart, a volume indicator shows trading activity, with peaks correlating to significant price movements. The 24-hour high for BNB was 662.60 USDT, and the 24-hour low was 656.77 USDT. The 24-hour trading volume for BNB is 92,706.38, and for USDT it's 61.18 million. Further down, a table provides performance metrics: Today's return is 0.21%, 7 days show 0.38%, 30 days is 1.72%, 90 days is 18.89%, and 1 year shows a substantial 31.60% increase. The order book indicates a slight imbalance, with 27.52% of orders on the bid side and 72.48% on the ask side, suggesting more selling pressure or demand to buy at higher prices at the moment of the screenshot. Overall, the chart suggests a period of relatively stable price action for BNB following a recent uptrend. $BNB
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#BreakoutTradingStrategy is a popular and often effective approach in financial markets, focusing on identifying and capitalizing on significant price movements. At its core, a breakout occurs when an asset's price moves beyond a defined support or resistance level, often accompanied by increased trading volume. These levels represent price barriers where buying or selling pressure previously prevented further movement. Traders employing this strategy typically look for periods of price consolidation, where an asset trades within a narrow range, indicating a balance between buyers and sellers. When the price "breaks out" of this range, either above resistance (for a bullish breakout) or below support (for a bearish breakout), it signals a potential shift in market sentiment and the start of a new trend. The expectation is that the price will continue moving in the direction of the breakout. Common breakout patterns include horizontal breakouts, where price crosses a flat support or resistance level; trendline breakouts, where price breaks a diagonal trendline; and chart pattern breakouts, such as triangles, flags, and head and shoulders patterns. Volume is a crucial confirming indicator; a genuine breakout is often accompanied by a significant surge in trading volume, indicating strong conviction behind the move. While breakout trading offers the potential for substantial gains by allowing traders to enter trends early, it also carries risks, primarily from "false breakouts." These occur when the price briefly breaches a level only to quickly reverse, trapping traders who entered based on the initial signal. Effective risk management, including setting stop-loss orders and waiting for confirmation (e.g., a candle close outside the level with high volume), is vital for success in this dynamic strategy.
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#TrumpTariffs have once again become a significant point of discussion in global trade, as President Donald Trump's return to the political arena has seen a resurgence of his protectionist trade policies. During his second presidency (as of July 2025), Trump has enacted steep tariffs on a wide range of imported goods, significantly increasing the average applied US tariff rate. This has sparked widespread concerns about their potential impact on global economic growth and supply chains. The tariffs target various countries, including key trading partners like Japan, South Korea, and a host of Southeast Asian nations such as Bangladesh, Malaysia, and Thailand, along with parts of Europe and Africa. These duties, ranging from 25% to 40%, aim to address perceived trade imbalances and what the Trump administration terms "non-reciprocal" trade policies. While the administration argues these tariffs promote domestic manufacturing and national security, economists widely contend that they distort resource allocation, raise prices for consumers, and can hinder economic growth. The implementation of these tariffs has led to considerable market uncertainty and fears of a renewed global trade war. Organizations like the OECD and the World Bank have downgraded their global economic outlooks, citing the increased trade costs and potential disruptions to supply chains. While some immediate impacts have been somewhat modest due to companies building up inventory, analysts warn that sustained tariffs could lead to higher inflation and reduced consumer spending in the long run. The ongoing saga underscores the complexities and challenges of international trade relations in an increasingly interconnected world.
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#BinanceTurns8 A Milestone for the Crypto Giant As of July 2025, Binance is celebrating its 8th anniversary, marking another significant milestone for the world's largest cryptocurrency exchange. Launched in July 2017, Binance has rapidly grown from a nascent startup into a global powerhouse, consistently demonstrating innovation and strategic expansion within the fast-evolving digital asset landscape. The #BinanceTurns8 celebration isn't just a nod to its longevity; it's a multi-phase event packed with interactive activities and substantial rewards for its vast user base. From July 1st to July 15th, Binance is running a "Warm-Up Sprint" and main activities, offering a staggering total of over $2.8 million in prizes. Users can participate in various quests, including "Crypto Meteor Showers" and collectible star sign events, by completing tasks like trading a minimum of $8 on Spot or Convert. Additionally, there are specific promotions like the Binance Square initiative, where users can earn USDC vouchers by gaining new followers, sharing posts, and creating content with the #BinanceTurns8 hashtag and specific coin tags. This anniversary highlights Binance's journey from its initial focus on the Chinese market to its current global presence in over 180 countries. Over the years, key milestones have included the introduction of Binance Coin (BNB), the launch of Binance Smart Chain (now BNB Chain) for decentralized applications, and the acquisition of CoinMarketCap. Despite facing regulatory scrutiny and security challenges, Binance has continuously reinforced its commitment to advancing financial inclusion and mainstream adoption of cryptocurrencies, as evidenced by CEO Richard Teng's recent discussions on the future of Web3 and crypto. The "BinanceTurns8" celebrations underscore the exchange's enduring influence and its dedication to engaging and rewarding its community.
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#BinanceTurns8 A Milestone for the Crypto Giant As of July 2025, Binance is celebrating its 8th anniversary, marking another significant milestone for the world's largest cryptocurrency exchange. Launched in July 2017, Binance has rapidly grown from a nascent startup into a global powerhouse, consistently demonstrating innovation and strategic expansion within the fast-evolving digital asset landscape. The #BinanceTurns8 celebration isn't just a nod to its longevity; it's a multi-phase event packed with interactive activities and substantial rewards for its vast user base. From July 1st to July 15th, Binance is running a "Warm-Up Sprint" and main activities, offering a staggering total of over $2.8 million in prizes. Users can participate in various quests, including "Crypto Meteor Showers" and collectible star sign events, by completing tasks like trading a minimum of $8 on Spot or Convert. Additionally, there are specific promotions like the Binance Square initiative, where users can earn USDC vouchers by gaining new followers, sharing posts, and creating content with the #BinanceTurns8 hashtag and specific coin tags.
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