If the price of SUI manages to rebound off the 20-day EMA, the bulls will likely try again to push the SUI/USDT pair above $4.30.
A successful breakout above this resistance could drive the pair towards $5.00 and eventually up to $5.37.
On the other hand, sellers will need to force the price below the breakout level of $3.55 to take control, which could lead to a drop towards $3.30 and subsequently down to $3.00.
By requiring issuers of stablecoins like USDT and USDC to conduct regular audits and provide detailed disclosures, the law seeks to reinforce trust among users, regulators, and financial institutions.
In addition to strengthening trust, this regulation encourages greater adoption of digital assets by traditional financial systems and promotes innovation in the payment sector.
As the cryptocurrency market experiences rapid expansion, the #StablecoinLaw becomes essential to achieving a balance between financial stability and the inherent benefits of digital transformation.
Spot trading and futures trading are two essential pillars for operating in cryptocurrency markets. Spot trading involves the direct buying or selling of the underlying crypto asset, granting the trader actual ownership of it.
On the other hand, futures trading uses derivative contracts to speculate on the future direction of prices, commonly with the advantage (and risk) of leverage. Each of these modalities requires distinct strategies and personalized risk management approaches to optimize performance and control exposure.
Altcoins are showing signs of an anticipated reactivation. As Bitcoin's dominance begins to wane, the cryptocurrency market as a whole is experiencing significant movement in alternative assets. This shift in capital dynamics indicates a possible reallocation of liquidity within the ecosystem.
Ethereum, Cardano, Solana, and XRP, among other prominent altcoins, are breaking through key resistance levels. This suggests the early signs of what could be a genuine "altseason," a period where these cryptocurrencies offer exponential gains. Market analysts have noted that this phase could be the prelude to a broader rally, with altcoins promising returns that transform portfolios.
BNB bounced off its 20-day Exponential Moving Average (EMA) ($652) on Saturday, validating a persistent bullish sentiment and traders' willingness to buy on pullbacks.
The 20-day EMA with an upward slope and a Relative Strength Index (RSI) slightly above the midpoint give a slight advantage to the bulls.
If BNB manages to break above the resistance at $665, the BNB/USDT pair could extend its upward movement towards $675, and subsequently target $698.
$BTC Bitcoin continues to face significant selling pressure near the $110,500 level, which clearly indicates a strong bearish defense at that threshold. However, a constructive signal for the bulls is their ability to hold the price above the moving averages.
This persistence suggests that buyers maintain strong conviction in their positions, refraining from executing hasty profit-taking.
#TrumpTariffs Donald Trump has announced a new aggressive tariff policy, with the threat of imposing duties on countries that apply taxes on U.S. exports.
This measure aims to reshape the trade balance and could lead to an escalation of trade tensions globally.
At the same time, the approval of an unprecedented tax cut in the U.S. is anticipated, described by Trump as a "rocket" for the economy.
Currently, the market capitalization of USDC stands at a robust $61.5 billion, maintaining its stable parity of $1.00, even amid the usual volatility of the crypto market. However, a key development is the recent agreement by Coinbase for USDC to act as collateral in futures trading in the U.S.. This move represents a significant regulatory blow, positioning USDC with a competitive advantage that could cause concern among its rivals, such as Tether.
While the crypto ecosystem is flooded with posts about quick gains and motivational quotes, the reality of trading is often hidden. Few reveal crucial truths: most traders lose capital by following popular trends, and FOMO (fear of missing out) is a more potent threat than any price dump.
My approach to trading stands out by prioritizing emotional control, avoiding falling into the euphoria of hype, and maintaining a critical mindset that is not seduced by marketing strategies.
The U.S. Senate has approved the GENIUS Act, a key piece of legislation on stablecoins, with a vote of 68 to 30. This legislative approval came without the amendments that sought to address the alleged connections of Donald Trump with the stablecoin of World Liberty Financial, an omission that generated discontent among many Democrats. The GENIUS Act ("Guiding and Establishing National Innovation for US Stablecoins") is now one step closer to its final enactment, following the approval of an amended version of the bill.
The Senate vote occurred approximately six weeks after Senator Bill Hagerty introduced the legislation. The STABLE Act, a complementary bill, is expected to be considered soon in the House of Representatives, where it may face proposals for additional amendments. Senator Hagerty emphasized that this law would position the U.S. as a global leader in cryptocurrencies, allowing businesses and citizens to settle payments nearly instantly, in contrast to current delays, which could reduce friction in transactions and optimize the flow of capital.
The global market is in high anticipation of the imminent announcement from the Federal Reserve (FED) regarding interest rates, scheduled for tomorrow. The dominant projection is that there will be no changes in monetary policy, despite the presence of divergent opinions and political pressure for a rate cut.
This macroeconomic uncertainty is translating into increased volatility, directly impacting sensitive assets like Bitcoin, which has already recorded a price decline.
Bitcoin surpassed the 20-day EMA ($106,202) on Monday, indicating that the bulls are vigorously defending the 50-day SMA ($103,887).
This movement suggests a short-term upward momentum, with buyers looking to consolidate their position in the market. Price action at these key levels will be decisive for the next phase.
The bulls will aim to push the price towards $110,530, and from there, to the neckline of an inverted head and shoulders pattern. A decisive close above this line would confirm the bullish setup, projecting a pattern target of $146,892.
Vietnam is at a critical regulatory juncture for the crypto sector. While the trading and holding of crypto assets such as Bitcoin (BTC) or Ethereum (ETH) are not explicitly prohibited, the country has not yet granted them the status of legal tender.
However, the government has expressed a strategic openness: legal frameworks are being formulated for the supervision of exchanges and the prevention of financial crimes, while the feasibility of a Central Bank Digital Currency (CBDC) is being evaluated.
Meta Planet has launched a significant initiative, the "MetaplanetBTCPurchase", which involves the acquisition of Bitcoin. While the specific details of this strategy have not been revealed, it is clear that Meta Planet is actively involved in the cryptocurrency ecosystem and blockchain technology.
For those interested in delving deeper into this news, it is advisable to consult updated and highly credible information sources that can provide a more detailed analysis of Meta Planet's initiative and its implications in the Bitcoin market.
$ADA With a price of $0.6244, ADA is operating below its EMA 20 and EMA 50 on the daily and weekly charts. This technical positioning is a strong indication of an extremely bearish market sentiment and a downward price trajectory.
Before considering any long position, it is imperative that ADA shows signs of consolidation and begins to generate positive momentum. Only then will an entry assessment into the asset be justified, seeking confirmation of a trend change.
Charles Hoskinson has presented a proposal to revitalize the DeFi ecosystem of Cardano through an injection of capital of $100 million in ADA from the project's treasury. The strategic plan involves diversifying these funds into stablecoins and Bitcoin, aiming to elevate the Total Value Locked (TVL) of the network and, in turn, generate a significant return on investment (ROI).
This asset allocation aims to optimize the yield of the treasury and enhance liquidity in Cardano's DeFi protocols.
$BTC If the price of Bitcoin experiences a downward break below the level of $108,000, the BTC/USD pair faces a significant risk of descending towards its 20-day Exponential Moving Average, located at $106,313.
This is a critical support level that bulls must defend strongly, as a sustained breach below it could trigger a more pronounced decline.
President Donald Trump announced that an imminent trade deal between the U.S. and China will establish a tariff asymmetry: Washington will impose a 55% levy on Beijing, while China will maintain a 10% rate on American goods. This discrepancy in trade barriers could generate disparities in capital flows and the competitiveness of global supply chains, potentially impacting the terms of trade.
Trump communicated on Truth Social that the agreement is "finished" pending presidential validation and confirmed that China will guarantee the supply of complete magnets and rare earth minerals. The security of the supply chain for these critical inputs is a factor that could stabilize or destabilize specific commodities, influencing trade balances.
#TradingTools101 These tools range from advanced charting platforms that facilitate in-depth technical analysis to risk management tools designed to help set clear limits on losses and gains. Position calculators, for example, are crucial for determining the appropriate size of trades and thus avoiding excessive leverage, protecting the trader's capital.
#CryptoCharts101 teaches how to interpret Japanese candles, identify classic patterns, and recognize the technical levels that shape the market. The candles provide essential data about the opening, closing, high, and low prices over a given period.
Patterns such as the "hammer," "bullish engulfing," or "doji" can anticipate significant trend changes. Additionally, supports and resistances are fundamental for locating areas where the price could bounce or break strongly, providing crucial reference points for trading strategies.