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Price is currently testing the resistance area; letās see if it can break above. A rejection from this level will lead us to the support area. Itās better to wait for confirmation before making any trades.
#EthereumSecurityInitiative Bitcoin has broken out of the downtrend channel on both sides and is now heading toward the major resistance area. We will see if it can break above this level. If it faces rejection here, it may pull back toward the local support area.
#TrumpTariffs šØ US CPI Y/Y Today ā Key Inflation Data Incoming šØ
Forecast: 2.4%
Previous: 2.4%
We need 2.4% or lower to maintain current market momentum. If CPI rises, expect correction in both stocks and crypto. Even a 2.4% print would be neutral, not bullish, except for sideways movement.
BUYING NOWš„š„š„š„ššššš $COS // LONG
Exchange: Binance Futures
Liquidity reached and just saw a clean breakout + retest. Whales clearly starting to accumulate here, itās a matter of timeš #AltcoinSeasonComing #TradeOfTheWeek
$BTC Bitcoin's dominance showed a false breakout at the resistance line before quickly dropping. This is why we've observed positive movement in altcoins. As we mentioned earlier, we anticipate some relief following the FED meeting. The overall market structure remains bullish, but Bitcoin's dominance needs to break below the 64.70% level in order to trigger a significant rally in altcoins.
#BTCBackto100K Bitcoin dominance is melting after its final bounce. Ethereum and other altcoins have experienced significant gains over the last 24 hours. We may see a bounce in dominance from the local support area. If Bitcoin stays above $100,000, we can expect more upward movement in altcoins.
The perfect trade is here. ETH has been pumping since yesterday. The price has broken the $2,105 resistance area and is now approaching the major resistance zone. You can take full profit from the long position here and wait for a retest.
$KAITO As of the latest analysis, the 15-minute timeframe for KAITO/USDT Perpetual Contracts (KAITOUSDT.P) on Binance indicates a neutral stance across key technical indicators. Both oscillators and moving averages show no definitive buy or sell signals, suggesting a period of consolidation or indecision in the market .
Key Observations:
Price Action: The pair recently experienced a downward correction, currently trading at approximately 1.3743 USDT, reflecting a -2.13% decline over the last 24 hours. The price reached a 24-hour high of 1.4520 USDT before pulling back to a low of 1.3670 USDT, indicating increased volatility .
Support and Resistance Levels: The recent bounce off the 1.3670 USDT support level suggests a potential short-term buy opportunity. Key resistance levels to watch are at 1.3950 USDT and 1.4200 USDT. A break above these levels could confirm further upside potential, whereas a drop below 1.3670 USDT might lead to additional downside pressure .
Trade Setup: Given the recent price movements, traders might consider an entry zone between 1.3700 - 1.3750 USDT, with a stop loss set at 1.3600 USDT to manage risk. Potential short-term targets include 1.3950 USDT and 1.4200 USDT . #TradeStories
$BTC Bitcoin dominance continues its upward movement, with the price reaching the resistance line of the uptrend channel. We can expect some relief starting next week. Altcoins will only see a rally if Bitcoin can break and hold above the $100,000 level.
$ADA Bitcoin has bounced back from the support area but has not been able to break the local high. Volatility remains high as we await news on the Federal Reserve's rate decision. If there is a rate cut, we could see a move towards the key level of $100,000. Conversely, if there is no rate cut, we might experience a quick drop to $90,000. Plan your trades accordingly and ensure you use a tight stop loss.
#MarketPullback President Trump says, I support crypto ā itās important. If we donāt lead, China will. š°š¬ Binance founder CZ reveals he recommended Kyrgyzstan to adopt Bitcoin and BNB as the first assets for its National Crypto Reserve.
#QNTUSDT The bearish pattern has been broken. And this means that the upward movement has begun. Our analysis is on a weekly time frame and it takes weeks for the price to reach the ceiling.