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Bearish
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ENA/USDT# DAWND MOVMEND BEARISH FLLO ME
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BCH/USDT$ FULL BACK DAWND MARKET BEARISH
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BCH/USDT$ Recent Developments on BCH (August 10–11, 2025) Bullish Momentum Ahead of Halving BCH is trading around $575.70, marking a +2.27% gain in the last 24 hours as traders position ahead of the upcoming August halving event. Technical indicators suggest very strong bullish momentum. Two days earlier (Aug 9), BCH similarly surged past $587.20, gaining +2.17%, driven by bullish sentiment around the same halving. Volatility and Profit-Taking Observed On August 10, BCH’s price action struggled to keep pace with Bitcoin’s rally, facing resistance near the 10-day range. Profit-taking and whale retreat were cited as dampening factors. On the same day, BCH dipped to around $561, before partially recovering towards $579—indicative of short-term selling pressure after a failed breakout attempt. Stablecoin Landscape: Potential Headwind A notable concern stems from Tether’s plan: USDT will cease support for Bitcoin Cash (alongside other low-usage chains) on September 1, 2025, which could reduce stablecoin settlement demand and dampen on-chain activity. Market Metrics Recap CoinMarketCap reports BCH trading at $590.73, up 3.86% over 24 hours, with $545M in trading volume and a market cap around $11.76B. Binance-based summary places BCH at $576.90, with a 24-hour volume near $456M, reflecting a modest +0.65% uptick.
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TREE/USDT$ Which TREE did you mean? 1. Tree (utility token): Used for subscriptions on the Tree News platform. Price is around $0.31–$0.33, with a market cap near $31–33 million USD and daily trading volume of about $96–105K. All-time high: $0.4126 on July 21, 2025; All-time low: $0.0473 on January 22, 2024 . 2. Treehouse (DeFi token): A decentralized finance (DeFi) project offering fixed-income utilities. Price fluctuating around $0.41–$0.44, daily volume in the hundreds of millions, and a dropped of ~2–10% in last day or week .
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ENA/USDT$ ENA is up over 2.6%, holding near $0.78 after testing $0.81 resistance. Technical indicators showing bullish momentum: Parabolic SAR support at $0.7111 MACD with a developing bullish bias Trade setup targets: Bullish: Entry above $0.78, targets at $0.81, $0.822, $0.84+, stop-loss near $0.765 Bearish: If below $0.765, targets around $0.75, $0.735, $0.72 with stop-loss near $0.78. Another Binance post shared a broader market update: ENA’s price around $0.73 Open interest above $1 billion
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XLM/USDT$ XLM Market & Technical Developments Bullish Momentum Building Stellar (XLM) is trading around $0.46, up approximately 3.8% in the last 24 hours. Momentum indicators like the MACD and RSI (at ~62) suggest continued upside, though resistance remains ahead. Breakout Path Emerging XLM has broken out of a downtrend channel and is holding above a critical $0.44 support zone. If support holds, bulls may push the price toward $0.50. Binance Trading Buzz & Breakdown On Binance’s Square platform, analysts noted that XLM was rejected at the $0.4570 resistance level and has slipped beneath the key $0.4430 support amid high volume. This confirmed a descending triangle breakdown, prompting short-trade setups with downside targets range from $0.4332 to $0.4139.
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