General Market Direction on Binance
The Binance Research report for July indicated a 2.6% increase in total market capitalization despite fluctuations, with notable growth in the stablecoin market (USDC, USDT) and strong institutional inflow into ETF funds.
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🔍 Live User Analysis on Binance
Visual Buying Balance (Spot focus): It is clear that the current movement is driven by spot buyers, not leveraged speculators, which is a healthy indicator of capable accumulation from buyers in a more sustainable pattern than speculation.
Potential Resistance at 112k–115k: The price is hovering between 108‑112 thousand, and breaking this range with strong trading volume could target the $115 thousand according to technical analysis.
Support at ~108k–107k: Maintaining this level is important, as it lies near the short-term moving averages (EMAs) – a balance between upward momentum and short control support from traders.
