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Raza Trader 110
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Bearish
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Bitcoin
is making new lows and there is a downtrend channel on lower time frames. Today is FED chairman speech and it may impact market. High volatility is expected.
#Write2Earn
$BTC
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Raza Trader 110
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#MarketThoughts We entered the imbalance on the long breakdown. Itās logical to get a refueling here for further growth. Itās important to hold current prices. You can try a long from current levels with a small volume. Add more at $112,500 -$112,850 Still, itās important to consider the scenario through $110K -so donāt overload heavily #Write2Earn $BTC
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#BTC NEW CME GAP šŖ >>> ā Will be formed at ā $116,800. #Write2Earn $BTC
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šØ Market Uncertainty = Whale Games š When the market turns uncertain, whales love to play their moves. And guess what? The safest and most consistent plays are often Fan Tokens. ā½š„ š $SANTOS is already breaking out from the bottom, showing potential for an easy 30ā50% rally. š With just 2ā3% risk, these rotations can give strong returns if managed well. Smart money rides the momentum, not the fear. Stay focused, stay prepared, and ride the rallies! š $SANTOS
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Shorting #UMA here Short LEVERAGE (5x-10x) Entry: $1.55 - $1.58 Reason: Chart looks bearish for it. Worth a short for short term quick profits too. Targets: $1.50, $1.457, $1.392, Stop-loss: $1.643 #Write2Earn $UMA
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š¤ Why did the market show growth š¤ After the speech by the head of the Federal Reserve, Jerome Powell, crypto-stocks and tokens sharply went up. Ethereum-treasuries and Bitcoin miners showed growth of 8-15%. The largest players ā BitMine Immersion and SharpLink ā grew by 12% and 15.6%, respectively. Bitcoin ETFs lost $1 billion in five days, while Ethereum ETFs attracted $288 million in new funds in one day. Powell hinted at a possible Fed rate cut in September. This was a trigger for growth. š #Write2Earn $ETH
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