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0.17686
-0.59%
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#IsraelIranConflict If we look at past data, whenever a war situation at high scale between two countries was created we saw a dump just like in 2024 april. Now the same thing is happening, Israel can attack Iran with the support of the USA that can cause a crash. US officials already declared a warning about that situation. This crash will be bigger than expectations because we got a straight upward move from $74K to $112K without any weekly retracement. Last time Iran Israel war caused almost 35-40% drop in #BTC . But this time it can go higher like 50% because the USA will be involved in it. So the main level that can act as an attractive level is the $65K - $70K zone.In short words that conflict is looking bearish and we can see a $70K zone in the next 1-2 months.There are rumors FED will cut 100 pips policy/interest rate because Trump is forcing FED chair. Even with the fed cut rate, we will get an upward spike and then again a downward move. There is a question: why will the market go down when rate cuts even money will flow into risk assets? Here is answer:The upward move we discussed will be just due to good news. Market is already at ATH. Smart money will have the best chance to take exit here. Then a downside move will be played out where retailers will sell off and smart money will again get a chance to buy at lower prices. Now let’s suppose the FED does not cut rates and keeps the same. Market will still take a dip because many traders are buying on just rate cut hopes that will impact them and we see sell off as a result. Now let’s discuss about technical analysis.
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$ETH Today, sending 100 words for a second pancake also earns points, so let's chat a bit. Personally, I feel that ETH is undervalued, but this is how the crypto world is. Those with real technological content are often neglected, while clones are jumping around happily. Currently, ETH is basically in a half-alive state, often losing its second position in trading volume. However, like BNB, ETH is suitable for long-term holding, as the PoS mechanism is in place and the interest rate is decent; after all, it's a bond in the crypto world. Although facing challenges from SOL, currently, the security and diversity of SOL in the financial sector are still not as good as ETH. Recently, an event gave away a 5u ETH position, made a small profit and have already exited. The medium position of the large pancake long is still being held, taking it step by step; personally, I feel that it hasn't finished yet.
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$BTC write something about btc in minimum 100 words, Bitcoin, commonly abbreviated as BTC, is a digital currency that has revolutionized how we think about money and financial transactions. Created in 2009 by an anonymous person or group under the pseudonym Satoshi Nakamoto, Bitcoin was the first cryptocurrency to effectively implement blockchain technology, a decentralized ledger that records all transactions across a network of computers. This innovative approach ensures transparency, security, and eliminates the need for a central authority, such as banks or governments. Over the years, Bitcoin has steadily gained recognition as a legitimate form of currency, with an increasing number of businesses accepting it for payments. Additionally, it has attracted investors and enthusiasts alike, heralding it as "digital gold" due to its finite supply—only 21 million Bitcoins will ever be mined. While its value is often volatile, Bitcoin continues to hold significant interest, offering opportunities for portfolio diversification and serving as a hedge against traditional financial markets. Its influence has paved the way for thousands of other cryptocurrencies and has sparked a global conversation about the future of money and decentralization.
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Binance, one of the largest cryptocurrency exchanges, offers ample opportunities for traders to earn profits through spot trading. While making $100 a day consistently can be challenging, with the right strategies and discipline, it's achievable. Here are some effective tricks to help you reach that goal. 1. Understand Market Trends Before you start trading, it's essential to understand the market trends. Use technical analysis tools like moving averages, RSI, and MACD to gauge price movements. Keeping an eye on market sentiment can also help you anticipate potential price shifts. Actionable Tip: Follow news and updates from reliable crypto sources. Use Binance’s own news feed to stay informed about significant developments. 2. Start with a Defined Strategy Having a clear trading strategy is crucial. Choose between day trading, swing trading, or scalping based on your risk tolerance and time commitment. Actionable Tip: Test different strategies in a demo account before committing real funds. This will help you refine your approach without risking your capital. 3. Focus on High Volatility Coins Cryptocurrencies with higher volatility present better opportunities for profit. Look for coins that experience significant price swings, as these can lead to more substantial gains. Actionable Tip: Use Binance’s volatility indicators to identify potential trading pairs that exhibit high price movement. 4. Set Realistic Profit Targets Aim for small, consistent gains rather than chasing massive profits. Setting a target of $100 a day may require focusing on smaller trades that can accumulate to your goal.
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#TrumpTariffs Bitcoin (BTC) and the wider crypto market fell below $110,000 on Friday after US President Donald Trump threatened tariffs on the EU and Apple.Bitcoin falls as Trump proposes EU and Apple tariffs. President Donald Trump threatened EU and Apple tariffs again on Friday. The President recommended a 50% tariff on the EU and a 25% tax on Apple's foreign phones. "I have long ago informed Tim Cook of Apple that I expect their iPhones that will be sold in the U.S. to be manufactured and built in the U.S.," Trump wrote on Truth Social Friday.Trump called the EU, one of the US's greatest trading partners, "very difficult to deal with." He stated their EU trade talks were fruitless and suggested the US impose a 50% tax.Trump said his EU products tariff should start on June 1, but he didn't say when Apple's would.The crypto market recovered from post-Liberation Day tariff losses in recent weeks. Binance data shows bitcoin rose about 50% from $75,000 in early April to $111,970 on Thursday, an all-time high. After Trump's tariff warnings, Bitcoin fell below $110,000 and roughly 2% on Friday. Ethereum, XRP, and Dogecoin fell roughly 3%, lowering the crypto market valuation by 3.5%.FXStreet said that Nicolai Søndergaard, Research Analyst at Nansen, believes Trump's 50% tax on the EU, effective June 1, is more likely a negotiation technique than a policy.
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Latest News
Bitcoin(BTC) Surpasses 105,000 USDT with a Narrowed 0.12% Decrease in 24 Hours
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BNB Drops Below 640 USDT with a 1.62% Decrease in 24 Hours
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Ethereum Falls Below $2,500 Amid Daily Decline
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Ethereum(ETH) Drops Below 2,500 USDT with a 1.94% Decrease in 24 Hours
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Cryptocurrency Market Experiences $158 Million Liquidation in 24 Hours
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