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This decline was caused by the U.S. imposing additional tariffs on China!
Recent developments in U.S.-China trade relations have led to significant tariff escalations:
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At present, BTC still cannot serve as a safe-haven asset. As the US-China trade war continues to escalate, $70,000 will become a key support level for BTC — short it at the highs!
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WalletConnect: Bridging Wallets and DApps Seamlessly
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📊 Technical Analysis & Market Trends As of April 13, 2025, Binance Coin (BNB) is trading around $596.99, with a 24-hour increase of approximately 1.86%. BNB remains above key support levels, showing strong rebound momentum. On the technical side: • The 4-hour RSI is around 56, indicating strengthening momentum without entering overbought territory. • The MACD shows a bullish crossover. • Trading volume is steadily increasing, supporting the possibility of further price upside. Key levels to watch: • Support: $585 • Resistance: $608 and $620 🔮 Mid-to-Long Term Outlook & Catalysts Analysts predict that BNB could reach $2,000 in 2025, driven by the following key factors: • Ecosystem Expansion: Continuous growth of BNB usage across Binance Smart Chain (BSC) in areas like DeFi, NFTs, and GameFi. • Deflationary Mechanism: Regular BNB token burns reduce circulating supply and increase scarcity. • Improved Regulatory Clarity: Clearer crypto regulations in major markets such as the U.S. are boosting investor confidence. ✅ Investment Strategy & Risk Warning Short-Term Strategy: • If price breaks above $608, it could continue upward to $620 or higher. • If it drops below $585, downside risk may extend to $565 or $540. Long-Term Strategy: • Given BNB’s central role in the Binance ecosystem and its deflationary model, long-term holding could yield solid returns. Risk Reminders: • Crypto markets are highly volatile and influenced by multiple factors such as sentiment and policy changes. • Investors should assess their own risk tolerance and keep a close eye on market developments. Overall, BNB remains a core asset within the Binance ecosystem, with strong growth potential. Investors are advised to combine technical analysis with fundamental factors to form well-informed strategies.
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WalletConnect: The Logic Behind Its Success and Investor Appeal
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Empowering Blockchain Security with Bitcoin
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