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aliumutzabun
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Fear will not help your death!
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Meme Core $M Token is the native coin of MemeCore, operating on a unique “Proof of Meme” (PoM) consensus mechanism. This system rewards users for viral, on-chain content contributions, turning community engagement into network security. Built as a Layer-1 blockchain, MemeCore uses $M for gas fees, staking, governance voting, and incentivizing meme-driven activity. The total supply is 5 billion, with about 1.58 billion currently in circulation. It also includes a burn mechanism, gradually reducing supply over time. Currently priced around $0.55, M token market cap of approximately $875 million. Technical indicators like RSI and MACD suggest bullish momentum in the short term.
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On the BTC/USDT chart, $BTC within the 4-hour timeframe, bearish momentum has clearly taken control, with selling pressure intensifying following a rejection at the 119,800 resistance level. This downward move has been further confirmed by the Parabolic SAR indicator flipping direction, signaling the establishment of a definitive downtrend. Support levels are steadily being breached — from 115K to 113K — and the price has already touched as low as 112,000$ The Parabolic SAR has decisively broken below at 115,200$ reinforcing bearish sentiment in the market. There is no clear bullish structure in formation, and volume analysis reflects a lack of strong buyer presence. Even without referencing the RSI, it's evident that buyers have retreated while sellers continue to drive prices down, likely triggering a wave of stop-loss orders. The overall outlook can be summarized in one word: fear. The current chart reflects a textbook representation of capitulation. Market sentiment has shifted away from FOMO (Fear of Missing Out) into a full-fledged FOLE — Fear of Losing Everything. As the decline continues, further dips toward the 111,600 level remain possible. Bears are dismantling leveraged long positions, while bulls appear to be clinging to hopes of last week’s bullish momentum. #ProjectCrypto
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📢 Upcoming AMA: Decentralized Funding for Web3 Builders 📅 August 3, 2025 🕒 11.00 AM UTC Are you building in Web3 and seeking early-stage capital? 🚀 Project Merlin DAO empowers bold developers through community-driven funding. Let’s build the future together! Join the conversation. Shape the future. #DAO #ProjectMerlin $BTC $BNB
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$BTC Significant selling pressures are behind the 3% decline in BTC in the last 24 hours. One of the biggest factors was the sale of 80,000 BTC (approximately $9 billion) through Galaxy Digital by a whale that has been inactive since 2011. Of these sales, 30,000 BTC were transferred to exchanges on August 1st alone. During the same period, approximately $115 million in Bitcoin ETFs were outflowed, and these funds were sold in the spot market. Furthermore, the 21,400 BTC sent to exchanges at a loss in the last 24 hours clearly demonstrates the emergence of panic selling. The explosion of $570 million in long positions, coupled with chain liquidations, further fueled the sell-off. On the macro side, things are even more challenging. New Trump tariffs of 10-50%, which will take effect on August 7th and apply to more than 60 countries, have increased inflationary pressures. This has strengthened the dollar and triggered a flight from risky assets. Add to this the fact that July's employment figures fell short of expectations (73,000 vs. 147,000) and recession concerns mounted despite expectations of a Fed interest rate cut, creating a negative dynamic for Bitcoin from both a technical and fundamental perspective. In short, liquidity was tight, selling pressure increased, and the market lost confidence.
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Why Did the Market Go Up Today? The crypto market rose by 0.76% over the last 24 hours, keeping pace with a 17% monthly uptrend. This upward move is largely driven by positive regulatory developments and the strength of the Ethereum ecosystem. While these factors boosted market sentiment, altcoins still lagged behind Bitcoin's dominance. Here’s a quick breakdown: 1. Policy Support: The White House released a crypto report hinting at the possibility of a Strategic Bitcoin Reserve (SBR), suggesting potential long-term government interest in holding BTC. 2. Ethereum Milestones: On Ethereum’s 10th anniversary, ETH ETFs saw a strong $2.3 billion in inflows, signaling growing institutional trust and momentum. 3. Correlation with Risk Assets: Crypto moved in sync with risk-on markets like Nasdaq and S&P 500. The 24-hour correlation with SPY/QQQ stood at +0.89, reflecting bullish investor sentiment. $BTC $ETH #FOMCMeeting
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