Binance Market Update: Top Stories January 28, 2025
The global cryptocurrency market cap now stands at $3.5T, up by 4.04% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $98,263 and $103,371 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $102,478, up by 3.72%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include D, PHB, and TKO, up by 55%, 32%, and 31%, respectively.Top stories of the day:Trump Signs Executive Orders to Boost U.S. Leadership in Cryptocurrency and AIArizona Lawmakers Propose Bill Allowing Public Funds Investment in BitcoinJordan Plans Comprehensive Virtual Asset Regulation FrameworkJapanese Firm Metaplanet Plans to Accumulate 21,000 Bitcoins by 2026OpenAI CEO Praises DeepSeek's R1 Model for Its Cost-EffectivenessNvidia Rebounds 4.7% in Today's Pre-Market SessionMicrosoft Engages in Acquisition Talks with TikTok, Says TrumpMarket movers:ETH: $3186.23 (+4.16%)XRP: $3.0766 (+10.48%)SOL: $235.94 (+5.15%)BNB: $674 (+4.11%)DOGE: $0.33261 (+6.53%)ADA: $0.9466 (+7.60%)TRUMP: $28.86 (+10.32%)TRX: $0.2466 (+4.62%)LINK: $23.88 (+6.13%)AVAX: $33.84 (+1.17%)
$SOL /USDT Short Trade Signal 🔥💯 Current Price: $255.13
Trade Setup:
Entry Zone: $258.00 - $265.00
Stop Loss: $270.00 (risk management is key)
Targets:
Target 1: $245.00
Target 2: $230.00
Target 3: $215.00
Market Context:
Price is encountering strong resistance around $258.00-$265.00 with a lack of follow-through in the recent rally.
RSI is showing overbought conditions, and MACD is starting to lose momentum, signaling potential reversal.
A confirmed break below $250.00 will provide a strong short signal, driving further downside.
Pro Tip:
Watch for volume divergence as price tests the $258.00-$265.00 resistance zone. Increased selling volume can confirm the bearish trend. Tighten the stop-loss if price tests the resistance again.
Let me know if you'd like further insights or adjustments to this trade!
Hi everyone I’m izzu khan A new user anyone have a good idea for new user share with me please thank you. Have a nice day.#USTaxExemptionPlan #NewUsers #highlight $