ETH (Update) Price is trading into high ranges, now formin | Shauna Moeck OSU6 on Binance Square

Trending Articles

Bookmarked and Liked

Shauna Moeck OSU6

--

Bearish

ETH (Update) 
Price is trading into high ranges, now forming internal shift a possible retest retracement is expected in it.
- Let it cool down before next leg. 
@everyone*
$ETH #MarketTurbulence #ETHTreasuryStrategy #CUDISBinanceTGE #BinanceTurns8 #FederalReserveIndependence 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

25

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

Shauna Moeck OSU6

@Square-Creator-b629e5fa4abf

Explore More From Creator

UAE Airlines Embrace Cryptocurrency for Ticket Purchases

--

I woke up to a sea of red, and I've seen a lot of you guys asking what's going on. So, I did a little digging and here’s my take on it. From what I can see, this isn't a crypto-specific issue. The main trigger was the Producer Price Index (PPI) report. My read on the data is that it came in hotter than Wall Street expected, which immediately put a damper on the market's hope for a Federal Reserve rate cut anytime soon. When the Fed is likely to keep rates higher, it makes riskier assets like Bitcoin and Ethereum look less attractive, and that's exactly what we saw happen. As soon as that data dropped, the dominoes fell. I watched as hundreds of millions in long positions got absolutely wiped out in a matter of hours, leading to a cascade of liquidations that topped over a billion dollars. This forced selling, combined with some people taking profits after our recent highs, sent Bitcoin from nearly $124K down to around $117K, with Ethereum following suit. In my opinion, this isn't a sign of weakness in the crypto market itself. It’s just how sensitive this space has become to global macroeconomic news. We're no longer in a silo, we're part of the bigger financial picture. So, my advice is to take a breath and zoom out. These moves are a normal part of the cycle, and for me, it just proves that patience and a long-term view are more important now than ever. $BTC $ETH $XRP #HotJulyPPI #MarketTurbulence #BinanceTurns8 #SparkBinanceHODLerAirdrop #EthereumSecurityInitiative

--

XAUUSD (GOLD Update) Price OF is bearish here, expecting a more continuation downside move in it onto marked demand levels. @everyone #CryptoClarityAct #AltcoinBreakout #USChinaTensions #DeFiGetsGraded #BinanceTurns8

--

BTC (Update) Price successfully reached to its retest demand zone, A successful retest here would result in a bullish move upside. @everyone* $BTC #BinanceTurns8 #MarketTurbulence #EUPrivacyCoinBan #TrumptaxCuts #BNBChainMeme

--

*What is Bitcoin?* Bitcoin is a decentralized digital currency that allows peer-to-peer transactions without any central authority like a bank. Created in 2009 by the pseudonymous Satoshi Nakamoto, Bitcoin runs on blockchain technology—a secure and transparent public ledger. *Why Do People Invest in Bitcoin?* 1. *High Return Potential* – Bitcoin has shown significant price growth over the years, attracting investors looking for big returns. 2. *Store of Value* – Like digital gold, many see Bitcoin as a hedge against inflation and currency devaluation. 3. *Decentralization* – Bitcoin isn't controlled by any government or institution, which appeals to those seeking financial independence. 4. *Global Acceptance* – More businesses and platforms accept Bitcoin, increasing its utility and long-term value. *Why Is Bitcoin Price So Volatile?* - *Market Sentiment* – News, regulations, or tweets from influencers can cause rapid price swings. - *Limited Supply* – With only 21 million Bitcoins, demand spikes can cause large price jumps. - *Low Liquidity Compared to Traditional Markets* – Fewer buyers/sellers mean small trades can impact price. - *Speculation* – Many traders buy Bitcoin to profit from short-term movements, adding to its volatility. *How to Buy Bitcoin Safely?* 1. *Choose a Trusted Exchange* – Platforms like Binance, Coinbase, or Kraken are widely used and regulated. 2. *Verify Security* – Ensure the exchange offers features like two-factor authentication and cold wallet storage. 3. *Start Small* – You don’t need to buy a full Bitcoin. You can buy a small fraction like 0.001 BTC. 4. *Use a Secure Wallet* – Store your Bitcoin in a personal wallet if you're investing long-term. *Final Tip:* Always do your own research and never invest more than you can afford to lose. $BTC #BitcoinBasics #BitcoinDunyamiz #HotJulyPPI #BTCvsETH #TrumpBitcoinEmpire

--

Latest News

Ethereum(ETH) Drops Below 4,400 USDT with a 0.83% Decrease in 24 Hours

--

Crypto Investor Faces Significant Losses Amid Market Fluctuations

--

Bitcoin Surges to New Highs Amid Institutional and Government Support

--

Whale Investor Takes Significant Leveraged Position in Ethereum

--

U.S. Economic Data Sparks Mixed Reactions Amid Fed Rate Cut Speculations

--

Trending Articles

🚨 Ripple (XRP) Case Update 🚨

🚨 Trump–Putin Summit Sparks Fury in Washington as Russia Dodges Sanctions with Crypto

The Altcoin Season Truth No One Is Telling You

Ripple CTO Uncovers Strange 15-Minute Anomaly on XRPL ⚡

🚨🚨BLACK ROCK JUST DROPPED A BOMB ON CRYPTO🚨🚨

Cookie Preferences

Cookie Preferences