#BTCMove #Critical #supportandresistance BITCOIN importan | CYCLOPS-PK on Binance Square

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#BTCMove #Critical 
#supportandresistance 
BITCOIN important Update
channel SUPPORT
if we closely look at BTC it is moving inside a channel and price is getting Support from Channel Trendline. PRICE is trying to halt on this support. if we break this support, next possible support will be 88000 to 87000.

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#SUI🔥 #unlock coming when to BUY? what is unlocking? when a coin is unlock the supply is increase and usually the miners or holders sell their coins. this lead to dump usually. SUI will unlock $317.35M in tokens this upcoming week. The next 6 token unlocks combined total is slightly over $150M. #BuyTheDip if sui comes to demand zone of 3 and 2.7 then buy the dip. SUI is strong PROJECT. TARGET can be 5 to 8.

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ETH DETAILED analysis. Why ETH is dropping and why not recovering Fast.? Why whales sold 143000 ETH? Like old times when BTC was at 30000 to 50000 range then ETH was at a good price too but after BTC made all time high, ETH is dropping and dropping Continuously. What are the reasons?? Ethereum (ETH) was hot cake back in 2021 till 2024. Let's break it down: Concerns 1. *High transaction fees*: Yes, Ethereum's gas fees can be expensive, especially during peak usage. 2. *Alternatives*: There are indeed other blockchain platforms that offer similar functionality, such as Binance Smart Chain, Polygon, Solana, and more. 3. *Founder's involvement*: Vitalik Buterin, Ethereum's founder, is ahowing not actively involved in the project's development and research and lack of interest by team. No major updates. 4. *Developer sales*: While some Ethereum developers may have sold their ETH, it's not uncommon for developers to sell their tokens after contributing to a project. 5. *Supply*: Main thing..... Unlimited supply. BTC has only 21 Million BTC coins in their lifetime but Ethereum's supply is indeed uncapped, which can lead to inflationary pressure. Other projects with solid Fundamentals often give 3x to 10x in the last few years but ETH didn't make All time high since 2021. #Follow_Like_Comment #BTC #ETH #DumpandDump

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SOL important Update BIG TIME FRAME Solana's (SOL) current market situation. Let's break it down: *Key Points* - *Support Zone*: SOL found support around the $95 zone. - *Strong Movement*: SOL is showing a strong movement and good recovery, with a 50% pump from its downside. - *Breakout and Retest*: SOL broke out of its channel and retested the channel support, now moving upwards. *Key Resistance Levels* - *Near-term Resistance*: $160 and $166. - *Main Resistance Levels*: $166, $180, and $195. *Investment Strategy* - *Hold Recommendation*: You mentioned previously recommending holding SOL, with buys at $116 and $100. - *Potential Upside*: SOL's strong movement and breakout suggest potential for further upside. #Follow_Like_Comment #SolanaStrong #solana

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LOWER TIME FRAME ANALYSIS VERY IMPORTANT Solana's (SOL) lower time frame movement. Let's break it down: *Key Points* - *Uptrend*: SOL is moving upward on the 1-hour and 2-hour timeframes. - *Trendline Support*: A trendline has formed, acting as good support. - *Accumulation Areas*: $128 and $116 are identified as good areas for accumulating spot holdings. *Trendline Details* - *Main Trendline*: At $114. - *Short-term Trendline*: At $128. *Investment Strategy* - *Spot Holdings*: Accumulating in strong fundamental coins like SOL can be beneficial for your portfolio. - *Retest Potential*: The price might retest the trendlines, providing potential buying opportunities. #solana #sol #PowellRemarks #Follow #Follow_Like_Comment

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BTC very important detailled UPDATE. Support Area*: Bitcoin is finding support around $81,200. - *Positive Sentiment*: The market is showing a positive sentiment, potentially driven by the China-US trade deal and pressure on the Fed for rate cuts. - *On-Chain Data*: Big players are continuously accumulating Bitcoin. *Key Support and Resistance Levels* - *Main Support*: $81,240 and $76,000. - *Target Zone*: $88,800, with potential rejections. - *Key Level for Bullish Moves*: $90,000 and $95,000. *Market Outlook* - *Bottom Confirmation*: A daily candle close above $81,240 could confirm the bottom. - *Altcoin Market*: Depends on the movement of ETH and BTC dominance. - *BTC Dominance*: Currently at an all-time high, which might impact altcoin performance. *Investment Strategy* - *Accumulation*: Recommended in spot and in parts, given the current market conditions. Personal Opinion. As bullish as some people are getting BTC is still currently in a downtrend. Trendlines are subjective - people draw them in all different ways - some use Log mode, others Linear mode, some use wicks and others use candle bodies, some use a combination of wicks and bodies. I draw my trendlines like I draw my support/resistance zones - a zone as opposed to a single line. To me - price action remains within my downtrend zone. A Daily close above $85.5k would confirm a breakout from the downtrend. But my key levels remain the EQ of the range ($92k) and flipping the key pivot point ($95k). Above $95k and I flip from bearish risk to bullish bias. #BTC #BinanceAlphaAlert #Important_BTC_UPDATE #ALPHA🔥 #MarketSentimentToday

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