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Monaa K
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The overall
$SOL
structure is flipping back bullish
Alts are outperforming
$BTC
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Monaa K
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🔥 China Explores Yuan-Pegged Stablecoin China is reportedly considering the launch of a stablecoin pegged to the yuan, aiming to enhance global trade and simplify cross-border payments, according to Reuters. The State Council is expected to review and potentially approve the plan in August 2025, as part of broader efforts to increase the international adoption of the yuan. Despite this, Chinese authorities remain cautious about privately issued stablecoins. Recent measures include tighter restrictions on domestic promotion and warnings about scams linked to private issuers. Stablecoins have become a key instrument for countries looking to expand the reach of their national currencies. With the U.S. already active in this space, China is determined not to fall behind. $BTC $ETH #BinanceHODLerPLUME #china
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🚀 $TON/USDT – Bullish Momentum Building $TON is trading at $3.270 (+1.90%), rebounding from the 24H low of $3.184 and edging close to the 24H high at $3.292. Buyers are setting higher lows, showing growing strength against resistance. 🔑 Key Levels - Immediate Support: $3.240 - Major Support: $3.180 - Resistance: $3.300 📈 Bullish Setup - Entry: $3.240 – $3.270 - Breakout above $3.300 could fuel stronger upside momentum. 🎯 Targets - TP1: $3.330 - TP2: $3.380 - TP3: $3.450 ⛔ Stop Loss: $3.190 💡 Pro Tip: Watch trading volume near $3.300 — strong confirmation could pave the way for a bigger rally. $TON
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$ADA Pulls Back — Are Bears Regaining Control? Cardano has slipped into a bearish phase after failing to hold above $1.020, now trading below both $0.90 and the 100-hour SMA. A clear downtrend is forming, with immediate risks pointing toward the $0.80 zone. 🔻 Recent Price Action: - ADA broke below $0.950 and $0.920 supports. - Price dipped under $0.90, crossing beneath the 50% Fib retracement of the $0.7650 → $1.020 rally. - On the hourly chart, a descending trend line is forming with resistance near $0.940. 📈 Upside Scenarios: - Initial resistance: $0.8920. - Break above $0.940 (trendline + barrier) could open the door to $1.00, with potential extension toward $1.050. 📉 Downside Scenarios: - Immediate support: $0.840. - Stronger support: $0.8250 (76.4% Fib). - A decisive drop below $0.8250–$0.80 could test $0.780, where bulls may try to defend. 📊 Technical Indicators: - MACD (Hourly): Bearish momentum building. - RSI (Hourly): Below 50, signaling selling pressure. Key Levels to Watch: - Support: $0.840, $0.8250, $0.780 - Resistance: $0.8920, $0.940, $1.00 #ADA #Cardano #ETHInstitutionalFlows #PowellWatch #Write2Earn
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None of the major ETF issuers picked up #BTC or #ETH yesterday. In fact, firms like BlackRock, Fidelity, and Grayscale were selling — explaining much of the dip. The sell-off likely ties to Powell’s upcoming Friday speech, where he could address interest rates. With PPI ticking higher, investors doubt he’ll signal rate cuts, sparking panic selling instead. Chances are, some of these same players will end up buying back at higher levels in the weeks ahead.
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Big week ahead for markets. FOMC minutes land today, jobless claims tomorrow—both critical for shaping the timeline on rate cuts. Once cuts hit, the ripple won’t just move stocks—Bitcoin and the broader crypto market could be primed for a breakout. #Write2Earn
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