$OM Looks good! expect some sideways activity before longing | Tom Tucker on Binance Square

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$OM Looks good!expect some sideways activity before longing!
#ProjectCrypto 

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0

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NFT market took a hit last week 📉 Despite a 20%+ jump in buyers & transactions, total NFT sales fell 10% to $155M. CryptoPunks: Down 42% to $20.2M after a major surge Pudgy Penguins: Down 43% to $4.6M, mirroring $PENGU ’s 32% drop Volatility isn't just for tokens.

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In my opinion, three major macro events could reshape the crypto landscape this August: 1. Inflation data (CPI Aug 13, PPI Aug 14, PCE Aug 29) 2. Fed outlook at Jackson Hole (Aug 21–23) 3. Global trade tensions & tariff fallout (Aug 7–12) One spark could flip the trend. #ProjectCrypto #MarketPullback #TrumpTariffs #Write2Earn

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$ATM printing some giga candles! Will it keep going ? #MarketPullback

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$DOGE is forming a falling wedge, a bullish setup. A breakout above $0.2287–$0.2549 (key Fib levels) could send $DOGE to $0.265 (+18%). But if resistance holds, a drop to $0.2159 or $0.2007 is possible. What's the next move?

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While everyone is watching $BTC and other crypto assets declining, im watching other indicators, if we are in a bear hands. I was going through different paramtres and analysis. One thing caught my eye, and that is STH-SOPR (Short term Holders - Spent Output Profit ratio). With the price decline, SOPR around 1 suggests market selling is neutral, no fear driven selling, or profit taking selling. This could only mean $BTC will form a support here, before continuation to an upwards trend. #MarketPullback

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