🔍 On‑Platform Updates from Binance
Bitcoin Options Writing Now Open to All Users
As of August 4, Binance has enabled BTC options writing (selling call or put options) for all users, responding to growing retail demand. New options contracts, including for Ether, BNB, and Solana, are currently offered with a 20 % fee discount.
BTC Price Volatility & Technical Outlook
Bitcoin has recently dipped below $115 K on Binance. It’s trading around $114,980 with a 0.65 % increase over 24 hours . Technical signals point to a neutral/hold sentiment, with short‑term support at ~$114 K and resistance approaching $119 K. Potential targets range up to $125‑127 K if resistance is broken; conversely, a drop below support could lead toward $112 K or lower.
Market Summary: August 4 Crypto Trends
Over the past 24 hours, BTC has fluctuated between $113,580 and $115,000, trading at about $114,666 and up 0.89 %. Other notable gainers include altcoins such as SPK, MAGIC, and KERNEL.
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⚙️ Maintenance Notice
Binance USDC Withdrawal Maintenance
Scheduled for August 6, 2025 at 15:00 UTC+8, Binance will conduct a 2‑hour maintenance on USDC withdrawals across Ethereum, Polygon, Arbitrum, Base, and Optimism networks. Withdrawals will automatically resume afterward.
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🧭 Thematic Insights: Broader BTC & Crypto Momentum
Capital Shifting from BTC to Altcoins
Binance highlights a rotation of capital out of BTC (dominance has declined under 59 %) into sectors like DeFi, gaming, AI, meme/re‑sale tokens, and presale coins. This “altcoin season 2.0” reflects broader market sentiment. #BTC
