Ethereum Breaks $3,100: Layer 2 Tokens Poised for Rally
With Ethereum surging past $3,100, its Layer 2 ecosystem is gaining momentum. Tokens like DOT and SUI, along with other high-performance chains, are expected to rally as demand for scalable solutions grows. The bullish trend signals renewed confidence in Ethereum's ecosystem, driving speculation that L2 projects may outperform in the coming weeks. Investors are eyeing these assets for potential gains as adoption expands. Stay tuned for further developments!
๐จ $THE /USDT Full Market Analysis & Trading Signal ๐จ
Current Price: $0.4788 (+45.62%)
24H High: $0.6300
24H Low: $0.3216
24H Volume: 281.33M THE
๐ Market Insights & Analysis:
THE/USDT has surged explosively, gaining over 45% in the last 24 hours.
The price is currently stabilizing after hitting the $0.6300 peak, showing signs of minor profit-taking.
The previous strong resistance at $0.5750 was tested but rejected for now.
Volume remains high, suggesting strong trader interest and potential for further continuation.
If THE maintains strength above $0.4500, it is likely to retest higher levels soon.
๐ Trading Signal (Short-Term Plan):
Entry: $0.4600 โ $0.4700
Target 1: $0.5030
Target 2: $0.5750
Target 3: $0.6300
Stop Loss: $0.4320
๐ฎ Forecast & Outlook:
If volume sustains and price reclaims $0.5030, a breakout towards $0.5750 and even $0.6300 is likely.
However, a break below $0.4320 could trigger a deeper pullback toward $0.3900.
๐ Key Levels to Watch:
Support: $0.4500 / $0.4320
Resistance: $0.5030 / $0.5750 / $0.6300
Summary:
THE/USDT is in a bullish momentum with opportunities for breakout traders. Keep tight risk management as volatility remains high.
#THE $THE
{spot}(THEUSDT)
๐ฅ $BTC /USDT Bulls Hold $115K Strong, Eyes Set on $120K+ ๐
Bitcoin rebounded perfectly from the $115,700 support, now trading above $118,000 and climbing with momentum. The bullish structure remains intact as buyers step in aggressively after the retest. If BTC holds above $117K, the path toward new local highs is wide open.
๐ Long Trade Setup
โข Entry Zone: $117,800 โ $118,300
โข ๐ฏ Target 1: $120,000
โข ๐ฏ Target 2: $122,500
โข ๐ Stop Loss: Below $115,500
๐ Market Insight: Clean bounce off support confirms buyer strength. If BTC maintains above $117K with volume, breakout continuation toward $122K+ looks highly probable.
{future}(BTCUSDT)
JUST IN: Retail investors are scooping up more Bitcoin than miners can supply.
Shrimps, Crabs, and Fish are accumulating 19,300 BTC every month, while miners are only adding 13,400 $BTC
{spot}(BTCUSDT)
to the market.
This silent supply squeeze is pushing Bitcoin closer to new all-time highs.
#ETHBreaks3k #CPIWatch
According to On-chain data, Pumpfun has allegedly transferred 101,900 SOL, worth approximately $16 million, to a buyback address. Lookonchain shows that, Pumpfun has sold a total of approximately 4.1M SOL ($741M) at an average price of approximately $180 since May 19, 2024.
$BTC has been explosive ever since the Monthly Open reclaim
- There was point around July 10th-11th that we starting picking up momentum with CB premium + increased volume
- We are retesting the VWAP since then + holding lower Weekly VWAP bands as support
- Coinbase has been trading at a discount rn, premium completely washed away while some strong spot selling came in (likely some de-risking / profit taking ig)
- Structurally speaking, unless we are forming another range here, the lows at 115k should be defended + $115-116.5k zone should hold for continuation into 120k again. This is my current long set-up
- Plan is to accumulate a long around the support zone and target a $5k move up. The key trigger to keep holding is CB premium spiking up again on US open OR we get a sharp dip on CPI which is too good to pass up
- If no CB premium but spike up on CPI, I will TP on that pump quickly and then look again, partially already in at 116.5 with room to add if we go lower (which seems unlikely before 120)
#BTCWhaleTracker
It took me 5 years to master trading
I lost millions testing different strategies
Mastering trading requires more than just watching price movements it demands the right tools. Here are the Top 9 Essential Trading Indicators every trader should know:
1. MACD (Moving Average Convergence Divergence)
A momentum indicator that reveals trend direction and potential reversals. Ideal for spotting bullish or bearish momentum shifts.
2. RSI (Relative Strength Index)
Measures the speed and change of price movements. It helps identify overbought or oversold conditions, signaling possible corrections.
3. VWAP (Volume Weighted Average Price)
Combines price and volume to provide an average trading price. Often used to assess the strength of a trend and guide intraday entries.
4. EMA (Exponential Moving Average)
A moving average that gives more weight to recent prices, making it responsive to market changes. Useful for identifying current trends quickly.
5. SMA (Simple Moving Average)
Calculates the average of a selected price range, typically over a set period. SMA smooths out price data to identify longer-term trends.
6. OBV (On-Balance Volume)
Uses volume flow to predict price changes. A rising OBV suggests buyers are accumulating positions, while a falling OBV indicates selling pressure.
7. ATR (Average True Range)
Measures market volatility by evaluating the average price range over time. Higher ATR indicates more significant price swings โ crucial for setting stop-loss levels.
8. FIB (Fibonacci Retracement)
A tool for identifying potential support and resistance levels using Fibonacci ratios. Traders use it to predict price pullbacks within a trend.
9. CMF (Chaikin Money Flow)
Analyzes the flow of money into or out of an asset over a set period. Positive CMF values suggest accumulation; negative values indicate distribution.
Conclusion:
Each of these indicators offers unique insights into market trends, momentum, and potential price movements. Combining multiple indicators can strengthen your analysis and improve trade accuracy.
๐ง TL;DR:
โ House rejects bundled crypto bill package despite Trumpโs push
โ ๏ธ Key concern: bundling crypto with defense spending
๐ Second vote may come later today with revised structure
๐๏ธ U.S. House Rejects Crypto Rule Package โ #Trump Pushes for Second Vote
Despite a strong push from Donald Trump, the U.S. House rejected a procedural vote that would have advanced three major crypto bills during โCrypto Week.โ
๐ The proposal failed largely due to backlash from libertarian Republicans and House Freedom Caucus members, who opposed bundling the crypto bills with defense spending.
Trump had urged all Republicans to support the measure, calling the GENIUS Act vital to keeping the U.S. "lightyears ahead of China and Europe" in crypto regulation. According to Fox News, Trump is โpissedโ and directly pressuring GOP lawmakers who voted no.
๐งฑ What Was in the Bill Package?
The motion wouldโve combined:
โ
GENIUS Act โ crypto regulatory innovation
โ
CLARITY Act โ legal clarity for digital assets
๐ซ Anti-CBDC Surveillance Act โ bans a U.S. central bank digital currency
Speaker Mike Johnson said members want more individual say, while Rep. Chip Roy insisted that all crypto bills โ especially the CBDC ban โ need individual floor time.