NEAR is showing multiple rejections at key resistance near $2.595 with weakening momentum. Sellers defending the level – short opportunity if it fails to break through.
Bitcoin is pumping hard today because of massive institutional buying, huge inflows into Bitcoin ETFs, and bullish global sentiment 🚀. Political pressure in the US, especially around interest rate cuts, has pushed more big money into crypto, and retail investors are jumping in too. Plus, a lot of short traders got liquidated, which added more fuel to the rally.
1. *Massive forced liquidations* on exchanges during low liquidity, triggering a cascade of auto-sell orders. 2. *Huge supply dilution*—the team doubled OM’s total supply, instantly cutting holders’ value by 50%. 3. *Centralized control*—the team and insiders held most tokens, and large transfers to exchanges spooked the market. 4. *OTC dumping*—discounted tokens sold off-market hit exchanges, causing panic selling. 5. *Broken trust*—community concerns, sudden tokenomics changes, and deleted Telegram groups made things worse.
Basically, it was a mix of poor tokenomics, insider moves, and panic selling. 😬
#BearAndBull Upcoming *bullish* events: 1. Bitcoin and Ethereum are holding strong, with BTC possibly breaking $110,000 and ETH aiming for $3,000+ if resistance levels are cleared. 2. Institutional adoption, ETF inflows, and major conferences like ETHCC8 are boosting market optimism. 3. Altcoin season could start soon, especially if Bitcoin consolidates and money flows into smaller coins. 🚀
Upcoming *bearish* events: 1. Major token unlocks (like Pi Network and Trump Token) could cause volatility and price drops. 2. Overbought signals for BTC and ETH hint at possible short-term pullbacks. 3. Global conflicts or negative regulatory news could trigger sudden market dips.
#WhatHot Today’s crypto scene is buzzing with Bitcoin trading near $109,000, Ethereum up 3% at $2,600, and a massive $31B stable coin influx on Binance hinting at a possible alt coin season. Meme coins like PNUT and Snorter Token are trending thanks to viral tweets, and presale tokens are getting lots of hype. 🚀
1. *AI deep fake scams*: Scammers use AI to create fake videos or audio of celebrities or influencers to promote fake crypto giveaways or investments. 2. *Fake trading platforms*: Victims are lured into slick-looking sites or apps, shown fake profits, but can’t withdraw their money when they try. 3. *Hardware wallet scams*: Malicious wallets bought from unofficial sources or won in “giveaways” come preloaded with malware to steal your crypto. 4. *Pig butchering*: Scammers build trust over weeks or months, then convince you to invest big—then disappear with your money.
Ever seen any suspicious crypto offers or messages lately? 🤔
#OneBigBeautifulBill Trump’s “One Big Beautiful Bill” actually left the crypto industry out in the cold. Here are the main disadvantages for crypto:
1. No crypto tax relief: The bill didn’t include any tax breaks or reforms for Bitcoin or other crypto currencies, even though many hoped it would. 2. More government surveillance: Increased spending on border security could mean stricter monitoring of crypto transactions, making privacy harder. 3. Less support for innovation: Cuts to tech and clean energy programs might slow down blockchain and crypto innovation in the US. 4. Political backlash: Trump’s personal crypto ventures have made bipartisan support for new crypto laws much harder, leading to more uncertainty.
1. Bitcoin is trading around $107,800 after a slight dip, and the overall crypto market cap fell about 4.6%. 2. A dormant Satoshi-era Bitcoin wallet moved $8 billion worth of BTC, sparking lots of speculation. 3. Meme coins like $NOTHING and $MEMELESS are surging, with some up over 160% in 24 hours. 4. Elon Musk’s America Party will accept Bitcoin, giving crypto more mainstream buzz. 5. Major crypto bills are expected in the US next week, and Ethereum whales are boosting their holdings. #BTC #XRP #ETH🔥🔥🔥🔥🔥🔥