JUST IN: James Wynn increases short position on BTC to 7,967 | H J rrrrrrrrrrrr on Binance Square

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JUST IN: James Wynn increases short position on BTC to 7,967.83 BTC ($856 million) at $107,057; liquidation price set at $111,280.$BTC 
$BNB 
$ETH 

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Bitcoin Analysis This is mine.$BTC #BTCBreaks110K #CryptoRoundTableRemarks #BTCBreaks110K $108000 $114000 $116000 $SOL $BNB

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$BTC > *SHORT BTCUSDT ☑️* *ENTRY PRICE* 107499$ - 109999$ *STOPLOSS* 110490$ *TARGET* 106800$ - 105900$ -105200$ - 104750$ - 103540$

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Bitcoin's current price is $107,462.25, showing some stability after a pullback. Your analysis highlights key support levels at $106.2k, $102.7k, $100k, $95k, and $88-90k, while resistance levels sit at $110k and $112k. Given the current market conditions, here's a breakdown¹: - *Support Levels*: - $106.2k: A crucial level that Bitcoin bounced off recently, indicating strong support. - $102.7k and *$100k*: Further support levels that could be tested if the price drops. - *$95k* and *$88-90k*: Critical support zones that could determine the market's direction. - *Resistance Levels*: - *$110k*: A potential short-term target with liquidity building near this level. - *$112k*: A key resistance level that could be challenging to break through. *Technical Indicators*: - *RSI*: Reset below 70, indicating room for further rally potential. - *StochRSI*: Around 50, suggesting a balanced market with potential for movement in either direction. *Market Outlook*: - *Memorial Weekend*: Expect low liquidity and high volatility, making it essential to stay patient and bid key support zones. - *Indecisiveness*: The market remains indecisive, with traders awaiting a clear direction. - *Potential Targets*: $110k is a potential short-term target, but failure to break through resistance levels could lead to a pullback.² ³ Keep a close eye on these levels and indicators to navigate the market effectively.$BTC $ETH $SOL

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$SUI The Sui Foundation's decision to remain neutral in the $162 million hack recovery vote is a significant move that highlights the importance of decentralization in blockchain governance. By not influencing the decision with its SUI holdings, the Foundation is allowing the community to take the reins and decide the best course of action. The proposal by Cetus to upgrade its protocol and return funds to affected users without altering blockchain history raises important questions about decentralization and the potential precedents it may set. The community's decision will likely have far-reaching implications for the future of DeFi on Sui and the broader blockchain ecosystem. Some key points to consider: - *Decentralization*: The Sui Foundation's neutrality upholds the principles of decentralization, ensuring that the community has a say in the decision-making process. - *Recovery plan*: Cetus' proposal aims to restore trust and provide a sense of security for users, but it also raises concerns about potential precedents and the impact on decentralization. - *Community values*: The outcome of this vote will reflect the community's values and priorities, shaping the future direction of Sui and its DeFi ecosystem. Ultimately, the decision will depend on the community's priorities and values. Will they prioritize restoration and user protection, or will they stick to decentralization principles? The outcome will be crucial in determining the future of DeFi on Sui [9].$BTC $SOL

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JUST IN: Binance Founder CZ says he feels 'sorry' for those who sold Bitcoin at $77,000. 🥺

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