#BinanceTurns8 “Binance Turns 8!” Celebrating 8 years of i | Dinesha Madhubhashani on Binance Square

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Dinesha Madhubhashani

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#BinanceTurns8 
“Binance Turns 8!”
Celebrating 8 years of innovation, growth, and global crypto adoption. Here’s to the journey ahead! 🚀🎉
Happy 8th Anniversary Binance 🥳🏆✨💫
~Dinesha Madhubhashani~
$BNB 
$BTC 
$SOL 

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#SECETFApproval ⸻ 📝 Note on “SEC ETF Approval” and Binance The U.S. Securities and Exchange Commission (SEC) occasionally approves or rejects applications for Exchange-Traded Funds (ETFs) that are tied to cryptocurrencies (such as Bitcoin or Ethereum). These ETFs are traded on traditional financial markets, not on Binance itself. However, their approval can significantly impact crypto prices on Binance and other exchanges. ⸻ ✅ Implications of SEC ETF Approval for Binance Users 1. Market Volatility • SEC approval often triggers price surges in coins like BTC, ETH, and other large caps listed on Binance. 2. Increased Trading Volume • Approval can boost confidence among institutional and retail investors, leading to increased liquidity and volume on Binance. 3. New Investment Opportunities • Binance may respond with new products, such as futures or ETF-pegged tokens (depending on regulation). 4. Potential Listing Boosts • Altcoins related to the approved ETF (e.g., Ethereum if it’s an ETH ETF) often experience short-term price rallies. ⸻ ⚠️ Important Caveat: Binance, being a non-U.S. exchange, is not directly involved in SEC ETF filings. But market reactions to U.S. developments heavily influence Binance trading activity. ⸻

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#TrendTradingStrategy Trend trading is a strategy that attempts to capture profits by aligning trades with the current market direction — uptrend, downtrend, or sideways. Here’s a breakdown of how to execute it successfully: ⸻ 🔍 Core Principles of Trend Trading 1. “The trend is your friend” Enter when a trend is established, and exit when it begins to reverse. 2. Timeframe Matters Trend trading works across multiple timeframes: • Short-term (minutes to hours) • Swing (days to weeks) • Position (weeks to months) ⸻ 📈 Key Tools and Indicators 1. Moving Averages • EMA (Exponential Moving Average): Good for fast signals (e.g. 9, 21, 50, 200 EMA). • Trend Signal: Buy when short-term MA crosses above long-term MA (Golden Cross), and sell on Death Cross. 2. Trendlines & Channels • Draw lines connecting higher lows (uptrend) or lower highs (downtrend). • Look for price bounces or breakouts along trendlines. 3. MACD (Moving Average Convergence Divergence) • Tracks momentum shifts. • Look for crossover signals and histogram strength. 4. RSI (Relative Strength Index) • Measures momentum. • Confirm trend strength (e.g. RSI > 50 in uptrend). 5. ADX (Average Directional Index) • Measures trend strength, not direction. • ADX > 25 = strong trend. ⸻ ✅ Example Trend Trading Strategy (Simple 3-Step) Asset: $BNB or $SOL Timeframe: 4H or 1D Indicators: 20 EMA, 50 EMA, RSI 📌 Entry Conditions: • 20 EMA crosses above 50 EMA • RSI > 50 • Price bounces off the EMAs or trendline 🛑 Stop Loss: • Below recent swing low (uptrend) • Above recent swing high (downtrend) 🎯 Take Profit: • Use previous resistance/support • Or trailing stop as price rises ⸻ 🧠 Tips for Success • Always trade with the trend, avoid countertrend trades unless experienced. • Use multi-timeframe analysis: Align short-term entries with long-term trend. • Stay patient: Trends often take time to develop and play out. • Cut losers quickly, but let winners run.

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$SOL Here’s today’s snapshot of SOL on Binance: • Current Price: ~$153.07 USD • 24‑Hour Range: Low of $149.61 and high of $153.55 • Intraday Change: Up slightly from the previous close ⸻ 🔍 Market Snapshot According to Binance’s trading interface, the SOL/USDT pairing is trading around $152.72, with a 24‑hour gain of approximately +2.4% . Binance’s price feed also shows the current SOL/USD rate is about $152.97, reflecting a daily increase of roughly +2.2%, with a 24‑hour volume near $4.16 B, and a market cap around $81.95 B . Additional data from CoinGecko corroborates this, noting a 24‑hour range from $149.72 to $153.16, keeping SOL roughly 48% below its January all‑time high (~$293) . ⸻ 📈 Summary It’s been a modestly bullish day for Solana, with prices in the $152–$153 USD zone, about 2–2.5% higher over the past 24 hours across major platforms including Binance and Coinbase (). ⸻ What This Means for You If you’re watching SOL on Binance: • Expect real-time fluctuations between ~$149 and $153 throughout the day. • The current trend shows positive momentum, with moderate volume and healthy liquidity. • Pairings like SOL/USDT and SOL/USD are closely aligned at present. ⸻ 🗓️ Need More? Let me know if you’d like: • A breakdown of different SOL trading pairs (e.g., SOL/BTC) • A historical price chart • Comparisons with other altcoins

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[Click to Win 1 BNB](https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_PE2MB) #BinanceTurns8 👆🏻 Click to collect your rewards 🥳🏆

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