#USProjectTaxExemption APT Coin To buy from current price 8.400 Stop 8.250 Targets 8.580 8.750 8.950 9.250 Good luck to all Note: I trade on another platform
#USConsumerConfidence $ETH The price of Ethereum (ETH) has seen a notable 7.51% surge over the past few days, reaching $3,421 on January 24, supported by a wave of market optimism. The move follows a broad-based recovery in the prices of major cryptocurrencies such as Bitcoin (BTC) and XRP, which also saw notable increases. These gains were further boosted after the US President issued an executive order on January 23, aimed at strengthening US dominance in the digital asset space. The executive order, which reflects the government’s support for cryptocurrencies, helped boost investor confidence and led to massive inflows into Ethereum exchange-traded funds (ETFs), which brought in $396.5 million in just six days. With these favorable factors, many analysts expect Ethereum to continue its upward trend, with some forecasts suggesting it could reach $7,000 by Q1 2025, given continued government support and the massive growth of the Ethereum network.
$BNB $BNB #USConsumerConfidence This rise was driven by the US Securities and Exchange Commission's announcement of its plans to establish a unit specialized in regulating digital currencies.
This step is the first move by the Commission after the resignation of its Chairman Gary Gensler, who is known for his conservative stance towards digital currencies.
The Commission said that the new team headed by "Mark Ueda" will work to establish a comprehensive, clear and more flexible regulatory framework to regulate cryptocurrency assets..
This step has reinforced the optimism of investors in the crypto market that the new US administration under President "Donald Trump" will provide strong support to the digital currency market.
The price of Bitcoin jumped at the beginning of today's trading by 3.12% to trade at $105,508 thousand, approaching its highest levels ever, which it recorded earlier in trading this week.
The market value of the world's most popular digital currency increased to $2.10 trillion, while its trading volume declined during the last 24 hours to $79.78 billion.
On a weekly basis, Bitcoin succeeded in adding about 8.90% to its value, amid expectations of further increases in the coming period.
As for the prices of other digital currencies, the price of Ethereum rose by 2.28% today to reach $3,321, while the price of Binance Coin rose by 2.30% at $697.
Ethereum Ethereum has had a tough few weeks, failing to sustain its upward momentum as rivals like Solana gained ground. After peaking at $4,100 last month, Ethereum has slipped into a steady downtrend, currently testing critical support near $3,190.
Short-term technical indicators are pointing to a bearish bias. A daily close below $3,290 reinforces the possibility of Ethereum retesting $3,190. If sellers break this level decisively, the cryptocurrency could slide towards $3,000, in line with the Fibonacci retracement levels.
On the upside, buyers need to reclaim $3,380 to break the downtrend. A sustained move above this resistance could lead to a rally towards the $3,600 area, paving the way for a potential breakout to $4,500.
Solana Solana has been riding the meme coin craze to its advantage. The launch of TRUMP and MELANIA tokens on the Solana network has not only boosted SOL but also confirmed the network’s ability to handle large transaction volumes seamlessly.
After correcting to $180, Solana has rebounded sharply, recently reaching $294 before bouncing back to test $232 as support. Holding above this level will be crucial for Solana’s uptrend to continue. A break above $265 could open the door to a rally towards $350-$400 in the medium term, with intermediate resistances at $285 and $315. Conversely, failure to hold support at $232 could push the cryptocurrency into the $200-$210 range, signaling a deeper correction.
Solana Ecosystem Gains Momentum Apart from SOL, the broader Solana ecosystem is thriving. Decentralized platforms like Jupiter and Radium have posted significant gains, with their assets up 55% and 67% over the past week. This highlights the growing demand for Solana-based projects as confidence in the network continues to grow.
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Bitcoin to buy if 106,000 is breached And sell if 103,000 is breached Targets on the chart Good luck to everyone Although I tend to go up and not down according to the movement of the candles
Share to Win Share the link of any content and win with your friend
Omer_Hajaj
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