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#BinanceTurns8 Binance turn8" and the context of today being **July 9, 2025**, the most relevant information relates to Binance's recent **BOOM Token Generation Event (TGE)**, which launched on **July 8, 2025** (yesterday). Below is a concise summary of key details: ⭐ 1. **BOOM Token Generation Event (TGE)** - **Launch Date**: July 8, 2025 . - **Participation**: Eligible users can claim BOOM tokens using **Binance Alpha Points**, earned through activities on the Binance platform. Distribution is based on points accumulated, ensuring fairness . - **Purpose**: Part of Binance's strategy to integrate new tokens, engage users, and support blockchain ecosystem growth . ⚡ 2. **Related Event: Infinity Ground Airdrop** - **Timing**: Scheduled for **July 5, 2025** (completed 4 days ago). - **Token**: Features the **AIN token**, designed to blend blockchain with AI workflows. - **Eligibility**: Rewards active contributors to the Infinity Ground ecosystem; claims also use Binance Alpha Points . 🌐 3. **Broader Context** - These events reflect Binance's push to incentivize user engagement through **Alpha Points**, which act as a gateway to new project rewards . - The BOOM TGE is ongoing, so eligible users can still participate via Binance's Alpha Events page. 💎 Key Takeaway "Turn8" likely references the **BOOM TGE launch on July 8** (yesterday). If you hold Binance Alpha Points, check your eligibility to claim BOOM tokens promptly. For further details, visit Binance's official announcements or the Alpha Events page.
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⚡ Bitcoin (BTC) Technical Analysis for July 9, 2025 (Binance)
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$BTC ### ⚡ Bitcoin (BTC) Technical Analysis for July 9, 2025 (Binance) #### 📊 **1. Price Snapshot & Recent Performance** - **Current Price**: $108,778 (as of 17:22 UTC, ). - **24h Movement**: +0.70% (Low: $107,430; High: $109,217) . - **Weekly Trend**: +1.52%, consolidating within a tight range of $105,100–$110,530 . --- #### 🔍 **2. Technical Analysis Overview** **Key Indicators** (4-hour timeframe, Binance/BTC-USDT): - **EMA Cluster**: Bullish alignment (20/50/100/200 EMAs), with critical support at $107,415 (100 EMA) . - **Bollinger Bands**: Tightening volatility, price near mid-band ($108,300). A break above $109,250 (upper band) may trigger bullish momentum . - **RSI**: Neutral (52.0), no overbought/oversold signals . - **MACD**: Flat but slightly positive, indicating short-term equilibrium . **Chart Structure**: - **Ascending Channel**: Intact since April 2025, with current price testing the upper supply zone ($108,800–$110,400) . - **Symmetrical Range**: Forming since June; breakout likely if $110,500 is breached . --- #### ⚖️ **3. Key Support/Resistance Levels** | Level | Price | Significance | |---------------|-------------|---------------------------------------| | **Resistance 1** | $109,250 | Bollinger Band upper boundary | | **Resistance 2** | $110,500 | Multi-week horizontal resistance | | **Resistance 3** | $111,814 | All-time high (May 22, 2025) | | **Support 1** | $107,000 | Demand zone & 100 EMA | | **Support 2** | $105,400 | Prior range low | | **Support 3** | $103,000 | Long-term bullish defense line | --- #### 📈 **4. Market Sentiment & Derivatives Data** - **Options Activity**: Heavy call open interest at $110,000 and $112,000 strikes (Deribit), signaling bullish bets . - **Funding Rates**: Moderately positive, indicating controlled leverage. - **Volume**: Derivatives volume up 15.7% (24h), totaling $62.84B . - **Catalysts**: $BTC # .
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