Phạm Thiện MMO

Golden Cross is a term in technical analysis used to describe a strong buy signal when the short-term moving average crosses above the long-term moving average.

✅ Specifically, a Golden Cross occurs when:
+ The 50-day moving average (MA50) crosses above the 200-day moving average (MA200).
+ This is a signal that indicates the market trend is shifting from bearish to bullish, and is viewed by many investors as the beginning of a bull market.
+ Uptrend: After the crossover, the uptrend is reinforced if the price continues to rise and trading volume is high.
#btc #bitcoin

#pepe 93-98

BTC ANALYSIS on 12/4 - 4h Frame

After a phase of deep decline with a temporary bottom around $74,000. BTC has now formed a short-term upward trend, creating higher highs and higher lows.

The RSI indicator is above 60, indicating that market momentum is leaning towards the buyers. The RSI has not entered the overbought territory, so the price can continue to rise, but you should be cautious when entering trades at resistance levels.

✍️ Resistance levels: $83,500 - $84,500 | $85,174 - $86,218 | $87,532 - $88,653

✍️ Support level: $81,232

❇️ If BTC breaks the $84,500 price, the next target could be the $85,000 - $88,000 range. Continued upward momentum in the RSI will reinforce this scenario.

⬇️ If the price cannot break the current resistance and forms bearish reversal candlestick patterns, BTC may adjust back to lower support levels or sideways in the $82,000 - $84,000 range.

🛑 Note: This is just a personal opinion for reference based on past data, not investment advice. If you find it helpful, don't forget to follow me.
#BTC #Write2Earn

Many cut losses. Taking risks won't recover much :(

ETH/USDT Analysis

🫴 Price Trend:
The weekly candlestick chart shows that ETH is in a quite pronounced downtrend in recent weeks. Currently trading below 2,000 USDT.

🫴 Support and Resistance:

There is an important support zone of 2050 - 2165 USDT that has been broken, now it may become a new resistance zone if the price shows signs of recovery.

The current weekly candle is a bearish candle, indicating that selling pressure is still ongoing.

The RSI indicator is at 33.86, near the 'oversold' zone, showing a strong downward momentum, but it has not fully entered the oversold zone on the weekly timeframe, and the RSI trend is also going down, consistent with the price downtrend.

In my prediction, ETH may drop to the new support level of 1544 - 1700 USDT. (Yellow zone).

🛑 Note: This is just my personal opinion and not investment advice.
#ETH #Write2Earn

5.000 billion USD evaporated from the US stock market

On April 4, Wall Street recorded a significant drop as all three major indices fell nearly 6% due to escalating global trade tensions. The DJIA dropped more than 2,200 points (5.5%), the largest decline since June 2020. The S&P 500 lost 5.9% and the Nasdaq Composite fell 5.8%, entering bear territory after declining 22% from its peak in December 2024.

The market plunged sharply after China announced a 34% tariff on US goods in response to US tariff measures. Technology stocks like Apple, Nvidia, and Tesla were hit the hardest, dropping between 7-13%. Major exporters like Boeing and Caterpillar also experienced significant declines. Shares of Chinese companies listed in the US, such as Alibaba and JD, also fell by 7-10%.

Bitcoin (BTC/USDT) analysis on the daily timeframe.
===
The price of Bitcoin has undergone a significant downward correction after reaching a historical peak (around 108,000 - 110,000 USDT – At the time of writing).
💪 Resistance:
+ The nearest current resistance zone is the area of 88,000 - 92,000 USDT. This is an old support area that has been broken and may now act as a barrier to the upward movement.
+ If this zone is surpassed, the next resistance level is 99,560 USDT.
+ The strongest resistance zone remains the old peak area of 108,000 - 112,000 USDT.
❇️ Support:
+ The price is showing signs of finding temporary support around the area of 80,000 - 82,000 USDT (based on recent candle lows).
+ A stronger and more important support zone is located in the area of 68,000 - 72,000 USDT. This is a price zone that has seen strong contention in the past before breaking out, so it could be a potential support area if the price continues to decline.
+ Another lower support zone is 64,000 - 68,000 USDT.
🫴 The RSI indicator is currently in the neutral zone (around 45-50), not signaling a clear overbought or oversold condition. This suggests that the market may be in a phase of accumulation or waiting for clearer momentum.
🫴 Bitcoin is in a correction phase and is retesting support levels after a decline from the peak. The short-term trend is not yet clearly defined. It is necessary to observe the price reaction at the current support zone (~80,000-82,000) and the nearby resistance zone (~88,000-92,000). If the price holds the support and surpasses the nearby resistance, a continuation of recovery can be expected. Conversely, if the current support is broken, the price may seek lower support zones mentioned. $BTC #btc

Mr. Trump signs an order imposing tariffs on dozens of economies
==
On April 2, U.S. President Donald Trump announced import tariffs on goods from many countries, with Vietnam facing the highest tariff rate of 46%. Other countries such as the UK, Brazil, and Singapore will face a 10% tariff, while the European Union, Japan, South Korea, and India will face tariffs ranging from 20-26%. These tariffs will take effect on April 9.

President Trump stated that the tariffs would not reach full levels but would only be a part to alleviate difficulties for partner countries. He also imposed a 10% tax on all imports into the U.S. starting April 5. Trump believes this will boost domestic production and lower prices for consumers while protecting American farmers from damage caused by other countries.

Financial markets reacted negatively after this announcement, with stocks plummeting and gold prices rising sharply. This tax policy has heightened global trade tensions and could lead to increased inflation, raising the cost of living for American citizens.
#TRUMP

On the 4-hour chart of the BTC/USDT pair, we see the price trading around $86,610.

Currently, the price is moving within a relatively clear accumulation zone. The strong resistance area is around $88,000 - $89,000, where the price has tested multiple times but has not been able to break through successfully. Conversely, the notable support area is around $82,500, which has acted as a price support point in previous corrections.

You should also pay attention to the intermediate support and resistance levels around $86,000 and $84,000. The price is currently testing the area near $86,000 after failing to break the resistance at $88,000.

The RSI indicator is in the neutral zone, not showing any clear overbought or oversold signals, and is slightly trending upwards.

Bitcoin on the 4-hour frame is in a stage of struggling between the support zone of $82,500 and the resistance of $88,000. The next trend will be clearer when the price breaks out of one of these two zones.$BTC #btc

Mr. Trump imposes a 25% import tax on all cars into the U.S.

U.S. President Donald Trump has just announced a plan to impose a 25% import tax on all cars not produced in the U.S., starting from April 2, 2025. This tax rate is ten times higher than the current rate and will apply to passenger cars and light trucks from abroad, expected to bring in more than $100 billion annually to the U.S. budget. However, this move could increase car prices by thousands of dollars, negatively affecting sales and jobs in the automotive industry, which heavily relies on imported components.

In 2024, the U.S. imported $474 billion worth of automotive-related products, primarily from Mexico, Japan, South Korea, Canada, and Germany. This decision caused the stock prices of American car manufacturers to drop, raising concerns about a shock to the global automotive industry. Since taking office, Mr. Trump has continuously changed tax policies, imposing a 25% tax on aluminum and steel and an additional 20% on China, while postponing taxes on Canada and Mexico. He is also expected to announce retaliatory tariffs against trade partners on April 2, but promises that the tax rates may be lighter than anticipated.
#trump

The price of Ethereum risks dropping 50% as whales take large profits

Ethereum is struggling to maintain a price above $2,000. Although buying pressure is still present, continuous selling pressure has hindered the price increase. Experts predict that if it does not hold above $2,050, ETH could fall below $1,500, potentially dropping to $1,095 in the coming weeks.

This pressure has intensified after a long-term "whale" took massive profits. A prime example is investor "0x086", who recently sold 34,125 ETH on Coinbase at an average price of $1,970, netting approximately $65.66 million in profit. These tokens were purchased in 2017 at a price of only $46.3/ETH, equivalent to a profit margin of 4,156%.

Such large-scale profit-taking is contributing to the decline in Ethereum's price and increasing market volatility.

Additionally, the trading volume and open futures contracts for Ethereum have both decreased, indicating a clear weakening of market sentiment. The current price of ETH is around $1,973, down 2.26% from before, with trading volume dropping 40% to $12.21 billion per day.

Large investors are divided into two trends: one side taking profits, while the other is staking long-term. Meanwhile, spot Ethereum ETFs are struggling due to the lack of staking support – a crucial factor for generating profits in the ETH ecosystem.

Bitwise and NYSE are proposing to integrate staking into ETFs. However, it is still unclear when these proposals will be approved and implemented, leaving market sentiment still highly unstable.
#eth #BTC

Fear index hits bottom. Is the cryptocurrency market out of its golden age?
====
The cryptocurrency market has just undergone two consecutive days of panic selling, causing the prices of major cryptocurrencies such as Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL), and Cardano (ADA) to plummet sharply. The Fear and Greed Index, which measures investor sentiment, has dropped to 17 – the lowest in nearly two years (since mid-2023), indicating that the market is in a state of "extreme fear." This index (ranging from 0 to 100) is calculated based on price volatility, momentum, social media, Google trends, and Bitcoin market share, and it often serves as a short-term contrarian indicator.

Bitcoin fell below the 80,000 USD mark, hitting a low of 76,600 USD – a four-month bottom. Ether faces the risk of liquidating 336 million USD in collateral if it drops another 20%. Other major coins like XRP, SOL, and ADA have lost over 60% of their value, wiping out profits since President Trump's announcement of the cryptocurrency reserve in early March.

The primary cause is concerns over escalating U.S.-China trade tensions and an economic downturn in the U.S. U.S. stocks have also plummeted (Nasdaq down 4%, S&P 500 the biggest drop of the year), dragging down shares of cryptocurrency companies like Strategy and Coinbase by over 10%. The cryptocurrency market currently lacks positive factors and is under pressure from tariffs and a slowing economy. President Trump on March 9 did not deny the risk of recession, stating that the U.S. is undergoing a "major shift."

QCP Fund noted that cryptocurrencies need a new narrative to recover, but volatility may increase as U.S. economic data is released, due to the close relationship with risk stocks.
#bitcoin #ETH

Litecoin (LTC) today is under selling pressure, potentially dropping to **82 USD** with a bearish pennant pattern. Important support at **86-92 USD** (potential buying zone), if maintained, could rebound to **120-140 USD**.

Below **75 USD**, the downtrend will be stronger.

✅ Note: This is not investment advice, please do your own thorough research.
#litecoin $LTC

Bybit CEO: Pi Network is more dangerous than meme coins

The founder of Bybit, Ben Zhou, stated that Pi Network targets individuals who are not knowledgeable about cryptocurrency, creating unrealistic expectations about easy money-making, unlike meme coins – which are primarily for entertainment or speculation and where players are usually aware of the risks. He criticized Pi Network for its lack of transparency by not disclosing its development team, frequently delaying commitments, and not clearly explaining how the project creates value. Zhou believes this makes Pi Network resemble a Ponzi scheme, more dangerous than meme coins because it exploits users' ignorance. He further shared that after refusing to list Pi on Bybit, he and the exchange faced attacks on social media, while Binance also encountered similar negative responses when it did not list Pi. Pi Network, launched in 2019, allows users to "mine" Pi for free through a mobile app, but after nearly 6 years, it has only recently allowed trading, causing much controversy.
#pi #PiNetwork

Mr. Trump: The U.S. is considering imposing retaliatory tariffs on all trade partners

Considering imposing retaliatory tariffs on all trade partners
President Trump stated that the retaliatory tariffs on other countries will take effect on April 2.

"Other countries have been using tariffs against us for decades, and now it's our turn to do so with them. India imposes tariffs of over 100% on us, the average tariff from China on products from the U.S. is twice what we impose on them, and the average tariff from South Korea is four times higher," he said.

Last month, President Trump called on the U.S. government to study a plan to impose retaliatory tariffs on all trade partners, expected to be completed by April 1. During his campaign, he pledged to address what he called "unfair trade practices from countries."

U.S. Secretary of Commerce Howard Lutnick said on March 4 that "it's unbelievable that we are being deceived all around the world."

#trump

Cryptocurrency Exchange Refuses to List Pi Network Hacked for Nearly $1.5 Billion

Bybit Exchange was hacked, stealing $1.46 billion ETH, becoming the largest hack in cryptocurrency history. Hackers intervened in smart contracts, took control of cold wallets and transferred all ETH to an unknown address. The incident caused panic and massive withdrawals, but Bybit pledged to secure user assets. Binance founder recommends temporarily suspending withdrawals to ensure security. The attack is suspected to be related to the Lazarus hacker group. Previously, Bybit caused controversy when it refused to list Pi and warned about Pi Network.
#PiNetwork #bybit #eth

Crypto Signals - Ethereum Classic (ETC)

💚 Long - Cross 20x

♻️ Coin: #ETC/USDT

❇️ Entry zone: 25 - 24.7

✅ Target: 24.37 - 25.57 - 25.9 - 26.46 - 26.8 - 27.2 - 27.73

🆘 Stoploss: 24.05

❤️ Follow to receive more free signals

Ethereum Classic (ETC) is the original version of Ethereum, maintaining the philosophy of decentralization and immutability. With a limited supply (210 million ETC), it is scarcer than ETH. The project benefits from the Ethereum ecosystem and the interest of institutions, especially as Ethereum transitions to PoS, making ETC an alternative option for PoW mining.

However, ETC faces challenges regarding security and application development. If the ecosystem expands, ETC could attract significant capital inflows.

$ETC

🥰 Disclaimer

The signals shared are for reference only and are not financial advice. I am not responsible for any losses incurred from your trading decisions. Please do your own research and consider the risks before investing.

#RUNE

The price of RUNE dropped sharply when THORChain suspended THORFi services for 90 days to address financial issues related to bankruptcy allegations.

The THORChain management team, including founder J.P. Thorbjornsen and the development team, decided to halt lending activities in THORFi to mitigate risks and avoid a potential run that could collapse the platform.

Although the swapping feature remains operational, the suspension of lending has raised concerns about the ability to meet large-scale repayments due to a shortage of Bitcoin reserves in the lending pools.

The 90-day restructuring initiative was implemented through validation nodes, resulting in RUNE's price dropping over 30% in just the last 24 hours.

The market value of RUNE is under threat, with the decision to stop lending being the most recent cause.
$RUNE #news_update

THORChain's token #RUNE has fallen sharply, possibly due to a number of factors:

1. Financial difficulties: THORChain is facing a debt of $200 million, forcing it to suspend BTC and ETH withdrawals, causing RUNE's price to drop by 30%.

2. SEC audit: Co-founder fined over $500,000 for securities violations, causing RUNE's price to drop by another 7%.

3. Whale sell-off: Whales have sold 2.85 million RUNE (~$12.35 million), causing strong downward pressure on the price.