$XRP just saw one of its biggest single-day dumps as South Korea’s Upbit offloaded more than 40 million tokens in the past 24 hours. That move alone dragged the price down sharply and reminded everyone how fragile the market can get when exchanges or whales decide to shift bags. The chart looks weak in the short term with liquidity being tested around the lower support zones. If sellers continue, XRP could slide further before finding stability. On the other side, this type of flush sometimes clears the way for a healthier bounce once the weak hands are shaken out. My take: I see this more as a caution signal than a reason to panic. XRP has always been a coin that runs in big waves—massive pumps and harsh dumps. Right now, I wouldn’t chase it blindly. If you’re holding long-term, patience is the key. For quick trades, I’d wait for confirmation before stepping in.
Absolutely — yes, WLFI (WLFI-USDT) futures (Perpetual Futures) are currently being traded on BingX. $WLFI Explanation: BingX has introduced WLFIUSDT Pre-Launch Perpetual Futures, where you can open long or short positions with 5x leverage.
BingX has officially announced:
> “$WLFI is now live on BingX Futures.”
Another source indicates that Pre-Market contract trading has started on BingX, with a maximum of 25x leverage also available.
Absolutely — yes, WLFI (WLFI-USDT) futures (Perpetual Futures) are currently being traded on BingX. $WLFI Explanation: BingX has introduced WLFIUSDT Pre-Launch Perpetual Futures, where you can open long or short positions with 5x leverage.
BingX has officially announced:
> “$WLFI is now live on BingX Futures.”
Another source indicates that Pre-Market contract trading has started on BingX, with a maximum of 25x leverage also available.
The total crypto market capitalization surged past $4 trillion following Federal Reserve Chair Jerome Powell's dovish remarks at the Jackson Hole Economic Symposium, igniting widespread bullish sentiment.
Market optimism for a September rate cut soared, reflected in an 11-month high in social media chatter about Fed rate-cut expectations—raising caution among analysts that sentiment may be overly exuberant.
Crypto sentiment indexes have shifted firmly into “Greed” territory, driven by the rebound in prices.
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Market Surge in Numbers
Global crypto market cap ticked up roughly 4%, topping $4 trillion, while daily trading volume jumped around 80% to $260 billion. Altcoins like Solana, XRP, Dogecoin, and “Pengu” led the gains.
Platforms report Bitcoin rose ~2% to about $115,000, reinforcing the bullish momentum.
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Ethereum Achieves New Heights
Ethereum (ETH) surpassed $4,750, nearing its all-time high. Institutional ETF-driven inflows and renewed confidence in its blockchain future are cited as key drivers.
ETH's market capitalization (~$568 billion) has even outpaced Mastercard’s (~$541 billion), signaling its growing institutional and economic footprint.
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Risks Loom Beneath the Bullishness
A new study highlights the "run risk paradox" faced by stablecoins: while designed for stability, their reliance on arbitrage and pegging mechanisms could make them vulnerable in crises. The study estimates a 30% chance of a major stablecoin crisis within ten years.
Experts warn that the current euphoria, especially tied to Fed-rate chatter, could presage short-term market tops, urging traders to exercise caution.
🚨 Solana (\$SOL) Short Trade Setup – High Probability SMC Play
$SOL 📊 Direction: Short 🎯 Entry Price: \$194.539 🛑 Stoploss: \$201.000 (above supply + liquidity pool) ✅ Target: \$187.935 (≈1:2 R\:R) 🔎 Trade Rationale 1. Supply Zone Rejection Price tapped into the \$194–\$196 intraday supply zone with a bearish rejection wick → sellers absorbed demand, confirming weakness. 2. Liquidity Grab at Highs The wick above \$195–\$196 cleared buy-side liquidity (stop hunts) → a classic SMC liquidity sweep before a downside move. 3. Market Structure Shift After the sweep, Solana broke a minor low (CHOCH → BOS) → confirming sellers are now in control. 4. Fair Value Gap Retest Entry at \$194.5 aligns with a bearish FVG retest → discounted short entry. 5. Risk–Reward Balance Risk = \$6.46 Reward = \$6.60 Effective R\:R ≈ 1:2 → clean and balanced setup. 📌 Summary Rejection from supply zone Liquidity sweep confirms bearish orderflow BOS confirms downside structure Target = \$187.9 with 1:2 R\:R Stoploss above \$201 liquidity zone ⚠️ Disclaimer: This is not financial advice. Do your own research (DYOR). #Solana #SOL #CryptoTrading #BinanceSquare #Solana #SOL #CryptoTrading #BinanceSquare #SMC #PriceAction #CryptoAnalysis #FuturesTrading $SOL
🚨 Solana (\$SOL) Short Trade Setup – High Probability SMC Play
$SOL 📊 Direction: Short 🎯 Entry Price: \$194.539 🛑 Stoploss: \$201.000 (above supply + liquidity pool) ✅ Target: \$187.935 (≈1:2 R\:R) 🔎 Trade Rationale 1. Supply Zone Rejection Price tapped into the \$194–\$196 intraday supply zone with a bearish rejection wick → sellers absorbed demand, confirming weakness. 2. Liquidity Grab at Highs The wick above \$195–\$196 cleared buy-side liquidity (stop hunts) → a classic SMC liquidity sweep before a downside move. 3. Market Structure Shift After the sweep, Solana broke a minor low (CHOCH → BOS) → confirming sellers are now in control. 4. Fair Value Gap Retest Entry at \$194.5 aligns with a bearish FVG retest → discounted short entry. 5. Risk–Reward Balance Risk = \$6.46 Reward = \$6.60 Effective R\:R ≈ 1:2 → clean and balanced setup. 📌 Summary Rejection from supply zone Liquidity sweep confirms bearish orderflow BOS confirms downside structure Target = \$187.9 with 1:2 R\:R Stoploss above \$201 liquidity zone ⚠️ Disclaimer: This is not financial advice. Do your own research (DYOR). #Solana #SOL #CryptoTrading #BinanceSquare #Solana #SOL #CryptoTrading #BinanceSquare #SMC #PriceAction #CryptoAnalysis #FuturesTrading $SOL
Trade Setup Direction: Long Entry Price: $0.9325 $ONDO
Stoploss: $0.9050 (below liquidity sweep zone & demand base) Target(s): T1: $0.99 (≈1:2 R:R) T2 (Optional): $1.04 (next supply zone / liquidity cluster) --- Reason for the Trade 1. Demand Zone Retest & Liquidity Grab Price recently wicked below $0.91–$0.92 demand, sweeping liquidity under short-term equal lows. This is a classic liquidity grab in SMC, indicating smart money accumulation. 2. Market Structure Shift (BOS/CHOCH) After the sweep, ONDO broke prior minor highs (BOS), showing strength. Structure has flipped bullish on the intraday timeframe, favoring continuation to the upside. 3. Fair Value Gap (FVG) Entry at $0.9325 aligns with a small FVG left behind during the bullish impulse. This offers an efficient pullback entry before the next leg higher. 4. Trendline & Momentum Confluence ONDO is holding above a short-term ascending trendline. Combined with demand zone retest, this strengthens the bullish bias. 5. Risk–Reward Clarity Risk = ~0.0275 (0.9325 → 0.9050) Reward = ~0.0575 (0.9325 → 0.99) = 1:2.1 R:R Second target $1.04 gives ~1:3. --- ✅ Summary Table Component Value Direction Long Entry Price $0.9325 Stoploss $0.9050 Target 1 $0.99 (1:2 RR) Target 2 $1.04 (optional extension) Reason Liquidity sweep below $0.91, BOS bullish, FVG retest, demand zone + trendline confluence
Price has previously reacted from the $172–$174 demand zone, where buyers stepped in strongly.
The wick into $166 suggests a liquidity grab below equal lows, clearing sell-side liquidity before reversing upward.
2. Market Structure (SMC)
After the liquidity sweep, ETH formed a BOS (Break of Structure) to the upside on lower timeframes, confirming bullish intent.
This aligns with Smart Money Concepts: sweep liquidity → shift structure → expansion higher.
3. Fair Value Gap (FVG) / Imbalance
Between $174–$178, a small imbalance exists from the impulsive bullish candle.
Entry at $174 fills this imbalance, offering a low-risk re-entry point.
4. Trendline & Momentum Confluence
ETH is holding above a short-term ascending trendline, showing strong momentum.
With buyers defending $174, probability favors continuation toward untested supply levels above $190.
5. Risk–Reward Alignment
Risk: $8 (174 → 166)
Reward: $24 (174 → 198)
This yields a 1:3 RR, which is excellent for a short-term swing.
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✅ Summary
Component Value
Direction Long Entry Price $174 Stoploss $166 Target $198 Reason Liquidity grab at $166, BOS to upside, FVG retest at $174, trendline support, demand zone defense, favorable 1:3 RR