Symmetrical Triangle — price is moving close to the intersection point between the downward trendline (resistance) and the upward trendline (support).
🔍 Detailed analysis:
- Short-term trend: Slight decline - Price continues to form lower highs - Current support area: The lower trendline is holding strong - Near resistance: The upper trendline (is blocking the upward movement) - MA line: Price is below the short-term MA lines → negative signal in the short term
📊 Predicted scenarios: 1. Breakdown (higher probability if volume increases):
- If the lower trendline is broken → may drop sharply to the next support area: - Target: $104,000 – $102,500
2. Rebound (if there is short-term supportive news):
- Price may test the upper resistance line again. - If breakout → trend reversal - If rejected → continue to decline
⚠️ Recommendations:
- Do not go long too early when the price has not clearly broken resistance - If shorting, wait for confirmation of the breakdown of the support trendline - Set stop loss carefully due to the convergence area being prone to strong volatility $BTC #BTC
🔹 Description: FLM is the native token of Flamingo Finance – a DeFi platform that integrates multiple functions such as token swapping, staking, stablecoin, and DAO, built on the Neo blockchain.
🔹 Key Features: - Supports wrapping/unwraping tokens from multiple blockchains (BTC, ETH, NEO, BNB, etc.) - Fully integrated DeFi modules: Swap, Vault, FUSD, DAO - Governance token: Users holding FLM have the right to vote on protocol adjustments - Transparent distribution: 100% of FLM is distributed to the community - No ICO, no pre-mine, focused on developing a community with real usage - Compatible with the NEP-5 standard, easily stored in wallets like NeoLine or O3 Wallet
🔹 Price Trend (updated on 25/05/2025): - Current price: ~$0.0411 USD - Up 27.8% in the past 24 hours - Up 36.57% in the past 7 days - Up 53.68% in the past 30 days - Down 61.4% compared to the same period last year - Highest in 24h: $0.0445 | Lowest in 24h: $0.0321 - Market capitalization: ~$22.47 million USD - 24h trading volume: ~$53.16 million USD
The crypto market continues to be volatile! In the past hour, BTC recorded liquidation levels reaching $5.92 million, followed by ETH with $5.28 million. Major altcoins like SOL, DOGE, and XRP are also under strong pressure, indicating a widespread sell-off trend. Some smaller tokens are still holding onto the green, but overall the market is under downward pressure. Be cautious when entering trades during this period of high volatility! 🚨
Bitcoin Inflows in the Past 24 Hours: Strong Institutional Demand and Accumulation Drive Prices Higher
Bitcoin inflows in the past 24 hours (as of May 20-21, 2025): * Inflows from Bitcoin Spot ETF in the US: * Bitcoin Spot ETFs in the US recorded net inflows of 41.7 million USD just yesterday (May 20, 2025), marking the fifth consecutive day of inflows. * In the past three weeks, these ETFs have attracted a total of 6.9 billion USD in new capital. This indicates strong and continuous demand from institutional investors.