Mr_Amwal

New to crypto in Saudi Arabia? Don't make the same mistakes!
The beginning of investing in cryptocurrencies in Saudi Arabia was filled with trial and error. Here are five tips that could have saved you a lot of time and money:
1. Don't start with large amounts, learn from the market first.
2. Approach the market rationally, not reactively.
3. Verify information sources before making any decision.
4. Avoid dubious or unknown projects.
5. Use secure wallets and always enable two-factor authentication.
These lessons are important for any beginner who wants to enter the crypto market with confidence and awareness.

Beginner with crypto in the UAE? Don't make the same mistakes I did!

When I started investing in cryptocurrencies, I made simple yet impactful mistakes. Here are five important lessons I wish I had known earlier:
1. Do not invest money you cannot afford to lose.
2. Your decisions should be based on analysis, not emotion.
3. Conducting thorough research before buying any currency is essential.
4. Do not trust quick profit promises.
5. Protecting your wallet and devices is a priority that cannot be ignored.
These tips are aimed at anyone starting their investment journey in the UAE.

Bitcoin Update — July 21, 2025

Despite the recent volatility, Bitcoin closed weekly at 116,462 within the support range of 115,726 – 118,492, which keeps the positive outlook.

■ Current Situation:
The price is currently moving above the support of 115,726 – 118,492, and if it holds above, it will retest the resistance at 121,360 – 122,763 at the current peak.

If it breaks above 122,763 and holds above it, a move towards the next resistance at 132,000 is expected, then 157,000, God willing.

However, if it fails to hold above 115,726 – 118,492, the price may try to test the next support level at 111,844.

■ Initial Targets:

First Target: 122,763 (+3.4%)

Medium Target: 132,000 (+11.2%)

Long-Term Target: 157,000 (+32.1%)

■ Current Supports:

(115,726 – 118,492) (−2.5% to −0.2%)
(111,844) (−5.8%)

■ Summary:
The price is still moving in an upward direction and maintains important support.
Holding above the current support area will support the continuation of the rise.
Breaking the support may push the price to retest lower levels.

Total Market Cap Excluding Bitcoin and Ethereum (21/07) — TOTAL3

📌
Current Situation:
We had mentioned in the previous post that the price would test the central resistance at 934.06 – 978.94, which has indeed happened.

📌
Currently, the indicator is attempting to test the resistance at 1.12T – 1.13T, which was also previously indicated.

Ethereum Dominance (21/07) – ETH.D

📌Current Situation:
We previously mentioned that Ethereum dominance would push towards resistance at 10.37% – 10.89%, and it has actually managed to break through this area, currently heading to test the next resistance at 12.08% – 12.62%.

📌If the breakout is achieved and sustains above 12.08% – 12.62%:
An upward continuation is expected towards 14.23% – 14.59% as the next target.

📌However, if it fails to sustain above 12.08%:
There is nothing preventing a retest of the current support at 10.37% – 10.89% before another attempt to rise.

Bitcoin Dominance (21/07)

📌 Current Situation:
Bitcoin dominance has broken the support area at 64.50% – 64.67%, and is currently heading towards the next support at 59.57% – 59.88%, which is a positive signal for alternative cryptocurrencies if this trend continues and holds below this area.

📌 If the break and hold below 59.57% – 59.88% occurs:
A continued decline is expected, which will enhance the movements of alternative cryptocurrencies and increase their dominance in the market.

3 Reasons to Use the Binance Web3 Wallet Now!
The Binance Web3 Wallet has become an essential tool for cryptocurrency users in 2025, offering strategic advantages: 1. The ability to swap across different networks from within the app without the need for external platforms. 2. Early and exclusive access to token launches through the Binance Alpha feature. 3. Full integration with the Megadrop feature that allows you to earn tokens by completing specific tasks.
This wallet provides a seamless and secure experience for Web3 investors and opens new horizons for interacting with the digital economy.

The Crypto Summer Begins: 7 Coins Poised for Price Explosion!
As the market approaches an anticipated recovery in July, here’s a list of seven cryptocurrencies worth following: 1. Bitcoin – the largest currency, showing strong signs of a near rise. 2. Solana – stands out strongly in the fields of smart contracts and NFTs. 3. XRP – regaining confidence after stabilizing its legal situation. 4. AVAX – high performance and competitive execution speed. 5. Arweave – a leader in decentralized storage solutions. 6. LINK – a key pillar connecting external data and smart contracts. 7. SEI – an emerging coin with strong performance in spot trading.
Each of these coins carries real growth opportunities if the positive trend in the market continues.

Update #Bitcoin — July 14, 2025

Despite previous declines, Bitcoin closed weekly at 119,096 after breaking the resistance at 111,963, which we had mentioned in the previous post, reaching 122,000 as we targeted by God's grace.

■ Current Situation:
The price is currently moving above the support at 111,963, facing resistance at the current peak of 123,260.

If it breaks 123,260 and stabilizes above it, it will re-test the next resistance at 132,000 and then 157,000.

If it fails to stabilize above 111,963, the price may attempt to test the current support at 108,000 — 106,000.

■ Initial Targets:
First Target: 123,260 (+3.5%)
Medium Target: 132,000 (+10.9%)
Long-term Target: 157,000 (+31.8%)

■ Current Support:
(111,963) (−6.0%)
(108,000 — 106,000) (−9.3% to −11.0%)

■ Summary:
The price is moving in an upward direction and is currently testing significant resistance.
Breaking the resistance and stabilizing above it will support the continuation of the rise towards higher targets.
Failure to stabilize may push the price to test support levels again.

Total Market Cap Analysis Without Bitcoin and Ethereum (14/07) — TOTAL3

We mentioned in the previous post that the price would bounce from the support at 742.45–712.88, which indeed happened. Currently, the indicator is trying to test the central resistance at 934.06–978.94, within which it is now moving.

If this resistance is broken and maintained above it, it could push the indicator towards testing the next resistance at 1.12T–1.13T.

However, a retest of the current support at 883.87–859.37 is not excluded before continuing any upward movement.

Ethereum Dominance (07/14) ETH.D

We previously noted that Ethereum's dominance bounced from the support range of 7.78%–7.24%, which is a good indicator that may support the move towards the resistance at 10.37%–10.89%.

Currently, there are no strong signals preventing a retest of support again before attempting to rise towards the resistance.

Bitcoin Dominance (14/07)

Current Situation:
Bitcoin dominance is attempting to break the upward channel, approaching a test of support at 64.50% – 64.67%, which is considered a positive signal for alternative cryptocurrencies if the break continues and holds below this area.

If the break occurs and holds below 64.50% – 64.67%:
A continuation of the decline towards 64.00% is expected as an initial target, which would enhance the movements of alternative cryptocurrencies and increase their dominance chances..

On the other hand, if it fails to hold above 65.50%:
The dominance will return to test the previous support at 64.67% – 64.50%, and breaking this area will open the door for further decline in dominance, thus providing additional support for the movement of alternative cryptocurrencies.

Warning: Do not accept any airdrop before reading this!
In 2025, a wave of fake airdrops emerged designed to hack devices and steal data. Attackers use malicious files disguised as images or documents that appear legitimate.
Accepting any random airdrop without verifying the source may lead to compromising your wallet or stealing your personal information. Always ensure the credibility of the sender and avoid opening unsolicited or suspicious files.

Bitcoin is one step away from the peak.. Will BTC record a new all-time high?
Bitcoin is just 2% away from its all-time high, touching the level of $109,500. Supported by a potential delay in U.S. tariffs and the seasonal optimism following the Fourth of July, analysts expect to see a new peak this week.
Overall market sentiment is positive, with a noticeable increase in investors' appetite for risk. The question now is: Will Bitcoin start a new upward wave this month?

Bitcoin Update — July 7, 2025

■ Current Situation:
The price closed weekly at 109,719, confirming a breakout of the main resistance range between 108,000 — 106,000.
Currently, the price is moving above this range, which enhances the chances of continued upward movement provided it remains above this area.

■ Initial Targets:

✔️
First Target: Re-test the technical resistance at the previous peak in the range of 111,963 — 112,000

✔️
Intermediate Target: 120,000 (+9.3%)

✔️
Long-term Target: 157,000 (+43%)

■ Current Support:

▪️
First Support: 108,000 — 106,000

▪️
Second Support: 103,531 — 101,324

▪️
Long-term Support: 96,498 — 94,231

■ Conclusion:

✅
The price managed to break through the technical resistance range of 108,000 — 106,000 with a positive weekly close at 109,719, which enhances the chances of upward movement towards levels of 111,963 then 120,000 reaching up to 157,000.
Failure to maintain above the level of 106,000 will re-test support levels between 103,531 — 101,324.

Official statement from CZ, the founder of Binance:
He said: "I entered the crypto world late, after seeing whales from 2011 moving coins they bought at a price of 0.1 dollars with ease!" His statement came as a comment on the movement of old wallets containing thousands of bitcoins after 14 years of inactivity.

What do you expect is the reason for moving 20,000 Bitcoin from wallets that are 14 years old?

What do you prefer more?