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Crypto Raven
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$ENA
seems unstoppable.
More than 25% from yesterday 🔥
#ena
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ENA
0.5879
-2.42%
529
0
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According to @cryptoquant_com $BTC average monthly volume has surged from 4.9K BTC in 2023 to 30.7K BTC in recent days! This is freaking more than 500% increases in just 2 years! #BTCReserveStrategy
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🔥 BREAKING: 80% chance there will be a rate cut in September. $BTC will be priced in 🫡 #FOMCForecast
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If we look at visible range volume profile on $BTC we can see the big bars of volume on 118K zone. On the other hand, there's barely any volume around 110K to 112K . My expectation is we will see a price trace back to here. #bitcoin will go sideways to generate volume here and use this as support to go for 124K again. #MarketPullback
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The $BTC Fear & Greed Index is currently at 'Neutral.' Historically, when the Fear & Greed Index reaches 'Extreme Greed,' the market often undergoes a swift correction, acting as a reset for the chart. This correction typically provides the market with the strength needed to stabilize and regain momentum. You can get a macro idea by looking on this index. What could be the possible outcome in near future. #MarketPullback
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This chart clearly illustrates that $BNB has held strong compared to other competitors in recent market conditions. While $XRP , $ETH, and $SOL experienced declines of approximately 18%, 22%, and 32%, respectively, BNB only corrected by 6%. This highlights $BNB's stability, likely driven by its strong ecosystem, including the Binance exchange's robust trading volume and utility in DeFi applications. The data reflects market performance over the past month, showcasing $BNB's ability to make a safe asset. #BNB_Market_Update
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