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#FOMCMeeting The Federal Reserve is preparing to reveal its decision on interest rates tomorrow, and all eyes are heading towards Powell. Will it be a lift, a reduction, or just a temporary stop? While inflation shows signs of slowdown, Trump is not silent - it is j
#FOMCMeeting The Federal Reserve is preparing to reveal its decision on interest rates tomorrow, and all eyes are heading towards Powell. Will it be a lift, a reduction, or just a temporary stop? While inflation shows signs of slowdown, Trump is not silent - it is j
#MetaplanetBTCPurchase ) has demonstrated a strong recovery after a brief dip to $102,664, rebounding powerfully to trade near $108,462 with a +3.67% gain. The 4-hour chart confirms a bullish crossover where the short-term moving average (MA7) crosses above the longer-term moving average (MA25), often seen as a signal of potential upward momentum. This breakout, especially when accompanied by increased trading volume, suggests a return in buyer confidence. Moreover, the volume surge indicates accumulation rather than distribution, hinting that bulls are gaining control. However, resistance at the $110,000 psychological level may present short-term hesitation. If BTC can consolidate above $108,000 with sustained volume, further upside toward $112,000–$115,000 is likely. On the other hand, failure to hold above $106,000 could trigger a retest of lower support zones. Based on current indicators and sentiment, the short-term trend appears bullish, but traders should remain cautious of volatility and potential whale-driven shakeouts.
#MetaplanetBTCPurchase ) has demonstrated a strong recovery after a brief dip to $102,664, rebounding powerfully to trade near $108,462 with a +3.67% gain. The 4-hour chart confirms a bullish crossover where the short-term moving average (MA7) crosses above the longer-term moving average (MA25), often seen as a signal of potential upward momentum. This breakout, especially when accompanied by increased trading volume, suggests a return in buyer confidence. Moreover, the volume surge indicates accumulation rather than distribution, hinting that bulls are gaining control. However, resistance at the $110,000 psychological level may present short-term hesitation. If BTC can consolidate above $108,000 with sustained volume, further upside toward $112,000–$115,000 is likely. On the other hand, failure to hold above $106,000 could trigger a retest of lower support zones. Based on current indicators and sentiment, the short-term trend appears bullish, but traders should remain cautious of volatility and potential whale-driven shakeouts.
#VietnamCryptoPolicy ) has demonstrated a strong recovery after a brief dip to $102,664, rebounding powerfully to trade near $108,462 with a +3.67% gain. The 4-hour chart confirms a bullish crossover where the short-term moving average (MA7) crosses above the longer-term moving average (MA25), often seen as a signal of potential upward momentum. This breakout, especially when accompanied by increased trading volume, suggests a return in buyer confidence. Moreover, the volume surge indicates accumulation rather than distribution, hinting that bulls are gaining control. However, resistance at the $110,000 psychological level may present short-term hesitation. If BTC can consolidate above $108,000 with sustained volume, further upside toward $112,000–$115,000 is likely. On the other hand, failure to hold above $106,000 could trigger a retest of lower support zones. Based on current indicators and sentiment, the short-term trend appears bullish, but traders should remain cautious of volatility and potential whale-driven shakeouts.
#VietnamCryptoPolicy ) has demonstrated a strong recovery after a brief dip to $102,664, rebounding powerfully to trade near $108,462 with a +3.67% gain. The 4-hour chart confirms a bullish crossover where the short-term moving average (MA7) crosses above the longer-term moving average (MA25), often seen as a signal of potential upward momentum. This breakout, especially when accompanied by increased trading volume, suggests a return in buyer confidence. Moreover, the volume surge indicates accumulation rather than distribution, hinting that bulls are gaining control. However, resistance at the $110,000 psychological level may present short-term hesitation. If BTC can consolidate above $108,000 with sustained volume, further upside toward $112,000–$115,000 is likely. On the other hand, failure to hold above $106,000 could trigger a retest of lower support zones. Based on current indicators and sentiment, the short-term trend appears bullish, but traders should remain cautious of volatility and potential whale-driven shakeouts.
$BTC ) has demonstrated a strong recovery after a brief dip to $102,664, rebounding powerfully to trade near $108,462 with a +3.67% gain. The 4-hour chart confirms a bullish crossover where the short-term moving average (MA7) crosses above the longer-term moving average (MA25), often seen as a signal of potential upward momentum. This breakout, especially when accompanied by increased trading volume, suggests a return in buyer confidence. Moreover, the volume surge indicates accumulation rather than distribution, hinting that bulls are gaining control. However, resistance at the $110,000 psychological level may present short-term hesitation. If BTC can consolidate above $108,000 with sustained volume, further upside toward $112,000–$115,000 is likely. On the other hand, failure to hold above $106,000 could trigger a retest of lower support zones. Based on current indicators and sentiment, the short-term trend appears bullish, but traders should remain cautious of volatility and potential whale-driven shakeouts.
$BTC ) has demonstrated a strong recovery after a brief dip to $102,664, rebounding powerfully to trade near $108,462 with a +3.67% gain. The 4-hour chart confirms a bullish crossover where the short-term moving average (MA7) crosses above the longer-term moving average (MA25), often seen as a signal of potential upward momentum. This breakout, especially when accompanied by increased trading volume, suggests a return in buyer confidence. Moreover, the volume surge indicates accumulation rather than distribution, hinting that bulls are gaining control. However, resistance at the $110,000 psychological level may present short-term hesitation. If BTC can consolidate above $108,000 with sustained volume, further upside toward $112,000–$115,000 is likely. On the other hand, failure to hold above $106,000 could trigger a retest of lower support zones. Based on current indicators and sentiment, the short-term trend appears bullish, but traders should remain cautious of volatility and potential whale-driven shakeouts.
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#TradingTools101 Confirmed Launch Quick Technical Analysis: ✅ Strong rebound! After dropping to the $2700 level, ETH experienced a strong rise to currently reach $2800 (+6.12%), reflecting increased buying interest. ✅ RSI at 2800 – this indicates bullish momentum without entering the overbought zone, allowing for further upward movement without selling pressure. ✅ MACD shows a bullish crossover with the MACD line above the signal line (2795), reinforcing the likelihood of the upward trend continuing. ✅ Momentum indicators support the rise: Stochastic indicator (K at 74.49, D at 2850) is in an upward trend, indicating sustained buying strength.
#TradingTools101 Confirmed Launch Quick Technical Analysis:
✅ Strong rebound! After dropping to the $2700 level, ETH experienced a strong rise to currently reach $2800 (+6.12%), reflecting increased buying interest.
✅ RSI at 2800 – this indicates bullish momentum without entering the overbought zone, allowing for further upward movement without selling pressure.
✅ MACD shows a bullish crossover with the MACD line above the signal line (2795), reinforcing the likelihood of the upward trend continuing.
✅ Momentum indicators support the rise: Stochastic indicator (K at 74.49, D at 2850) is in an upward trend, indicating sustained buying strength.
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#MarketRebound Confirmed Launch Quick Technical Analysis: ✅ Strong rebound! After dropping to the $2700 level, ETH has seen a strong rise, currently reaching $2800 (+6.12%), reflecting increased buying interest. ✅ RSI at 2800 – this indicates upward momentum without entering the overbought territory, opening the door for further rises without selling pressure. ✅ MACD shows a bullish crossover with the MACD line above the signal line (2795), reinforcing the likelihood of the upward trend continuing. ✅ Momentum indicators support the rise: Stochastic indicator (K at 74.49, D at 2850) in an upward state, indicating continued buying strength.
#MarketRebound Confirmed Launch Quick Technical Analysis:
✅ Strong rebound! After dropping to the $2700 level, ETH has seen a strong rise, currently reaching $2800 (+6.12%), reflecting increased buying interest.
✅ RSI at 2800 – this indicates upward momentum without entering the overbought territory, opening the door for further rises without selling pressure.
✅ MACD shows a bullish crossover with the MACD line above the signal line (2795), reinforcing the likelihood of the upward trend continuing.
✅ Momentum indicators support the rise: Stochastic indicator (K at 74.49, D at 2850) in an upward state, indicating continued buying strength.
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#NasdaqETFUpdate Confirmed Launch Quick Technical Analysis: ✅ Strong rebound! After dropping to the $2700 level, ETH has seen a strong rise to currently reach $2800 (+6.12%), reflecting increased buying interest. ✅ RSI at 2800 – this indicates upward momentum without entering the overbought zone, opening the door for further rises without selling pressure. ✅ MACD shows a bullish crossover with the MACD line above the signal line (2795), reinforcing the likelihood of the upward trend continuing. ✅ Momentum indicators support the rise: Stochastic indicator (K at 74.49, D at 2850) in a rising state, indicating the continuation of buying strength.
#NasdaqETFUpdate Confirmed Launch Quick Technical Analysis:
✅ Strong rebound! After dropping to the $2700 level, ETH has seen a strong rise to currently reach $2800 (+6.12%), reflecting increased buying interest.
✅ RSI at 2800 – this indicates upward momentum without entering the overbought zone, opening the door for further rises without selling pressure.
✅ MACD shows a bullish crossover with the MACD line above the signal line (2795), reinforcing the likelihood of the upward trend continuing.
✅ Momentum indicators support the rise: Stochastic indicator (K at 74.49, D at 2850) in a rising state, indicating the continuation of buying strength.
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$ETH Confirmed Launch Quick Technical Analysis: ✅ Strong rebound! After dropping to $2700, ETH has seen a strong rise, currently reaching $2800 (+6.12%), reflecting increasing buying interest. ✅ RSI at 2800 – this indicates upward momentum without entering the overbought territory, opening the door for further increases without selling pressure. ✅ MACD shows a bullish crossover with the MACD line above the signal line (2795), reinforcing the likelihood of the upward trend continuing. ✅ Momentum indicators support the rise: Stochastic indicator (K at 74.49, D at 2850) is in a rising state, indicating sustained buying strength.
$ETH Confirmed Launch Quick Technical Analysis:
✅ Strong rebound! After dropping to $2700, ETH has seen a strong rise, currently reaching $2800 (+6.12%), reflecting increasing buying interest.
✅ RSI at 2800 – this indicates upward momentum without entering the overbought territory, opening the door for further increases without selling pressure.
✅ MACD shows a bullish crossover with the MACD line above the signal line (2795), reinforcing the likelihood of the upward trend continuing.
✅ Momentum indicators support the rise: Stochastic indicator (K at 74.49, D at 2850) is in a rising state, indicating sustained buying strength.
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The Chinese emphasized the necessity of dialogue to resolve the disputes between the two countries, likening the relations between China and the United States to a giant ship that requires precise steering. - *Economic Cooperation*: The importance of enhancing economic and trade cooperation between the two countries was underscored, with the need to eliminate disturbances and sabotage that may hinder mutual understanding. - *Taiwan Issue*: The Chinese president stressed the necessity for the United States to handle the Taiwan issue with extreme caution, warning against allowing separatist voices to push relations towards confrontation. *Economic and Trade Talks:* - *Meeting in London*: The Chinese Vice Premier He Lifeng is scheduled to meet with an American delegation in London to discuss trade. - *Geneva Agreement*: The American president had announced an agreement with China in Geneva, aimed at resolving the disputes.
The Chinese emphasized the necessity of dialogue to resolve the disputes between the two countries, likening the relations between China and the United States to a giant ship that requires precise steering.
- *Economic Cooperation*: The importance of enhancing economic and trade cooperation between the two countries was underscored, with the need to eliminate disturbances and sabotage that may hinder mutual understanding.
- *Taiwan Issue*: The Chinese president stressed the necessity for the United States to handle the Taiwan issue with extreme caution, warning against allowing separatist voices to push relations towards confrontation.
*Economic and Trade Talks:*
- *Meeting in London*: The Chinese Vice Premier He Lifeng is scheduled to meet with an American delegation in London to discuss trade.
- *Geneva Agreement*: The American president had announced an agreement with China in Geneva, aimed at resolving the disputes.
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Chinese President Xi Jinping emphasized the necessity of dialogue to resolve disputes between the two countries, comparing the relations between China and the United States to a giant ship that requires precise steering. - *Economic Cooperation*: The importance of enhancing economic and trade cooperation between the two countries was highlighted, with the need to eliminate interference and sabotage that may hinder mutual understanding. - *Taiwan Issue*: The Chinese president stressed the necessity for the United States to handle the Taiwan issue with great caution, warning against allowing separatist voices to push relations towards confrontation. *Economic and Trade Talks:* - *Meeting in London*: Chinese Vice Premier He Lifeng is scheduled to meet with an American delegation in London for discussions on trade. - *Geneva Agreement*: The American president had announced an agreement with China in Geneva, aimed at resolving disputes.
Chinese President Xi Jinping emphasized the necessity of dialogue to resolve disputes between the two countries, comparing the relations between China and the United States to a giant ship that requires precise steering.
- *Economic Cooperation*: The importance of enhancing economic and trade cooperation between the two countries was highlighted, with the need to eliminate interference and sabotage that may hinder mutual understanding.
- *Taiwan Issue*: The Chinese president stressed the necessity for the United States to handle the Taiwan issue with great caution, warning against allowing separatist voices to push relations towards confrontation.
*Economic and Trade Talks:*
- *Meeting in London*: Chinese Vice Premier He Lifeng is scheduled to meet with an American delegation in London for discussions on trade.
- *Geneva Agreement*: The American president had announced an agreement with China in Geneva, aimed at resolving disputes.
#SouthKoreaCryptoPolicy -limit orders, where you set a stop price to limit potential losses on a trade. * OCO (One Cancels the Other) Order: This allows you to place two orders simultaneously. If one order is executed, the other is automatically canceled. This is useful for combining a profit-taking limit order with a stop-loss order. 4. Executing a Trade Here's a general step-by-step for executing a trade: * Select a Trading Pair: Choose the cryptocurrency pair you want to trade (e.g., BTC/USDT). * Choose Order Type: Decide whether you want to use a market order, limit order, or another type. * Enter Amount: Specify how much of the cryptocurrency you want to buy or sell. * Set Price (for Limit/Stop orders): If using a limit or stop order, enter your desired price. * Place Order: Click "Buy" or "Sell." * Confirm: Review your order details and confirm. 5. Managing Your Trades and Portfolio * Open Orders: You can view and cancel your active limit or stop orders that haven't been filled yet. * Order History: Review all your past executed and canceled
#SouthKoreaCryptoPolicy -limit orders, where you set a stop price to limit potential losses on a trade.
* OCO (One Cancels the Other) Order: This allows you to place two orders simultaneously. If one order is executed, the other is automatically canceled. This is useful for combining a profit-taking limit order with a stop-loss order.
4. Executing a Trade
Here's a general step-by-step for executing a trade:
* Select a Trading Pair: Choose the cryptocurrency pair you want to trade (e.g., BTC/USDT).
* Choose Order Type: Decide whether you want to use a market order, limit order, or another type.
* Enter Amount: Specify how much of the cryptocurrency you want to buy or sell.
* Set Price (for Limit/Stop orders): If using a limit or stop order, enter your desired price.
* Place Order: Click "Buy" or "Sell."
* Confirm: Review your order details and confirm.
5. Managing Your Trades and Portfolio
* Open Orders: You can view and cancel your active limit or stop orders that haven't been filled yet.
* Order History: Review all your past executed and canceled
#CryptoCharts101 Crypto charts are essential tools for analyzing the price movements of cryptocurrencies. They display data such as price, volume, and market trends over various timeframes. The most common types include line charts, bar charts, and candlestick charts, with candlesticks being the most popular for technical analysis. These charts help traders identify patterns, trends, and potential entry or exit points. Indicators like moving averages, RSI, and MACD are often used alongside charts to enhance decision-making. By studying chart patterns, such as head and shoulders or triangles, traders can anticipate market behavior. Understanding crypto charts is crucial for making informed trading decisions.
#CryptoCharts101
Crypto charts are essential tools for analyzing the price movements of cryptocurrencies. They display data such as price, volume, and market trends over various timeframes. The most common types include line charts, bar charts, and candlestick charts, with candlesticks being the most popular for technical analysis. These charts help traders identify patterns, trends, and potential entry or exit points. Indicators like moving averages, RSI, and MACD are often used alongside charts to enhance decision-making. By studying chart patterns, such as head and shoulders or triangles, traders can anticipate market behavior. Understanding crypto charts is crucial for making informed trading decisions.
#TradingMistakes101 -limit orders, where you set a stop price to limit potential losses on a trade. * OCO (One Cancels the Other) Order: This allows you to place two orders simultaneously. If one order is executed, the other is automatically canceled. This is useful for combining a profit-taking limit order with a stop-loss order. 4. Executing a Trade Here's a general step-by-step for executing a trade: * Select a Trading Pair: Choose the cryptocurrency pair you want to trade (e.g., BTC/USDT). * Choose Order Type: Decide whether you want to use a market order, limit order, or another type. * Enter Amount: Specify how much of the cryptocurrency you want to buy or sell. * Set Price (for Limit/Stop orders): If using a limit or stop order, enter your desired price. * Place Order: Click "Buy" or "Sell." * Confirm: Review your order details and confirm. 5. Managing Your Trades and Portfolio * Open Orders: You can view and cancel your active limit or stop orders that haven't been filled yet. * Order History: Review all your past executed and canceled
#TradingMistakes101 -limit orders, where you set a stop price to limit potential losses on a trade.
* OCO (One Cancels the Other) Order: This allows you to place two orders simultaneously. If one order is executed, the other is automatically canceled. This is useful for combining a profit-taking limit order with a stop-loss order.
4. Executing a Trade
Here's a general step-by-step for executing a trade:
* Select a Trading Pair: Choose the cryptocurrency pair you want to trade (e.g., BTC/USDT).
* Choose Order Type: Decide whether you want to use a market order, limit order, or another type.
* Enter Amount: Specify how much of the cryptocurrency you want to buy or sell.
* Set Price (for Limit/Stop orders): If using a limit or stop order, enter your desired price.
* Place Order: Click "Buy" or "Sell."
* Confirm: Review your order details and confirm.
5. Managing Your Trades and Portfolio
* Open Orders: You can view and cancel your active limit or stop orders that haven't been filled yet.
* Order History: Review all your past executed and canceled
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$BTC Cryptocurrency charts are essential tools for analyzing price movements. They display data such as price, trading volume, and market trends over different time frames. The most common types include line charts, bar charts, and candlestick charts, with candlestick charts being the most popular in technical analysis. These charts help traders identify patterns, trends, and potential entry and exit points. Indicators such as moving averages, the relative strength index, and the moving average convergence divergence (MACD) are often used alongside charts to enhance decision-making. By studying chart patterns, such as head and shoulders or triangles, traders can anticipate market behavior. Understanding cryptocurrency charts is crucial for making informed trading decisions.
$BTC
Cryptocurrency charts are essential tools for analyzing price movements. They display data such as price, trading volume, and market trends over different time frames. The most common types include line charts, bar charts, and candlestick charts, with candlestick charts being the most popular in technical analysis. These charts help traders identify patterns, trends, and potential entry and exit points. Indicators such as moving averages, the relative strength index, and the moving average convergence divergence (MACD) are often used alongside charts to enhance decision-making. By studying chart patterns, such as head and shoulders or triangles, traders can anticipate market behavior. Understanding cryptocurrency charts is crucial for making informed trading decisions.
$USDC Ripple is reportedly eyeing a $20B acquisition of Circle, the issuer of USDC. Could this mean a shift in focus away from XRP, or a power move to dominate stablecoins? Big changes may be ahead
$USDC Ripple is reportedly eyeing a $20B acquisition of Circle, the issuer of USDC.
Could this mean a shift in focus away from XRP, or a power move to dominate stablecoins?
Big changes may be ahead
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#BigTechStablecoin #CryptoFees101 Trading cryptocurrencies involves fees such as trading fees (maker/taker), withdrawal fees, and network fees (gas). Maker fees, which are lower for providing liquidity, and taker fees, which are higher for withdrawals, vary by exchange. Withdrawal fees depend on blockchain technology, while gas fees fluctuate with network congestion. To optimize performance, I trade on low-fee platforms, use limit orders to earn maker discounts, and time transactions during low congestion periods to reduce gas costs. I also batch transactions to decrease the frequency of withdrawals. Understanding fee structures and strategically planning trades helps lower costs, ensuring my capital increases by providing profitable opportunities. #TrumpVsMusk
#BigTechStablecoin #CryptoFees101 Trading cryptocurrencies involves fees such as trading fees (maker/taker), withdrawal fees, and network fees (gas). Maker fees, which are lower for providing liquidity, and taker fees, which are higher for withdrawals, vary by exchange. Withdrawal fees depend on blockchain technology, while gas fees fluctuate with network congestion. To optimize performance, I trade on low-fee platforms, use limit orders to earn maker discounts, and time transactions during low congestion periods to reduce gas costs. I also batch transactions to decrease the frequency of withdrawals. Understanding fee structures and strategically planning trades helps lower costs, ensuring my capital increases by providing profitable opportunities.
#TrumpVsMusk
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#CryptoFees101 In the world of cryptocurrencies, fees or "the fee" are among the important factors that any investor or user must understand well. Trading or transfer fees can vary significantly from one platform to another and can directly affect the profits or final costs of any operation. Some platforms impose fixed fees, while others rely on a percentage system based on the size of the transaction or the type of account. Additionally, there may be hidden fees that may not be visible to new users, such as withdrawal or transfer fees between wallets. It is always important to read the fee details carefully before starting any investment or transfer within the digital financial system. Awareness of these details protects you from unexpected losses and increases your efficiency in dealing with cryptocurrencies.
#CryptoFees101
In the world of cryptocurrencies, fees or "the fee" are among the important factors that any investor or user must understand well. Trading or transfer fees can vary significantly from one platform to another and can directly affect the profits or final costs of any operation.
Some platforms impose fixed fees, while others rely on a percentage system based on the size of the transaction or the type of account. Additionally, there may be hidden fees that may not be visible to new users, such as withdrawal or transfer fees between wallets.
It is always important to read the fee details carefully before starting any investment or transfer within the digital financial system.
Awareness of these details protects you from unexpected losses and increases your efficiency in dealing with cryptocurrencies.
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#TrumpVsMusk In light of the increasing use of cryptocurrencies, some may think that selling their account on the Binance platform is a profitable idea, but the truth is that this step is fraught with legal and security risks. Binance strictly prohibits the sale or transfer of accounts to other individuals. The account is linked to the user's original identity, and any attempt to relinquish it may result in suspension or freezing without prior notice, which could lead to the loss of all digital assets within it. The seller may later be surprised to find that they are legally responsible for any suspicious activity conducted through the account, even if they were unaware of it, as the account is still tied to their official identity. Additionally, the sold account may be used for illegal activities such as money laundering or fraud, which could entangle you in serious legal issues. 🛑 If you no longer wish to use the account, it is better to officially close it through the account settings on the Binance platform, rather than risking selling it. 🔐 Golden advice: Keep your account safe, and do not part with it for any reason. Security comes first, and adhering to the terms protects you. Analysis indicates strong bullish momentum above $102,000, with the price currently above $103,000. The support level at $100,000 is crucial, and a break above it would lead to a potential pullback towards $92,000. If the uptrend continues, the resistance levels at $111,000, $130,000, and $167,000 are potential price targets.
#TrumpVsMusk
In light of the increasing use of cryptocurrencies, some may think that selling their account on the Binance platform is a profitable idea, but the truth is that this step is fraught with legal and security risks.
Binance strictly prohibits the sale or transfer of accounts to other individuals. The account is linked to the user's original identity, and any attempt to relinquish it may result in suspension or freezing without prior notice, which could lead to the loss of all digital assets within it.
The seller may later be surprised to find that they are legally responsible for any suspicious activity conducted through the account, even if they were unaware of it, as the account is still tied to their official identity.
Additionally, the sold account may be used for illegal activities such as money laundering or fraud, which could entangle you in serious legal issues.
🛑 If you no longer wish to use the account, it is better to officially close it through the account settings on the Binance platform, rather than risking selling it.
🔐 Golden advice: Keep your account safe, and do not part with it for any reason. Security comes first, and adhering to the terms protects you. Analysis indicates strong bullish momentum above $102,000, with the price currently above $103,000. The support level at $100,000 is crucial, and a break above it would lead to a potential pullback towards $92,000. If the uptrend continues, the resistance levels at $111,000, $130,000, and $167,000 are potential price targets.
$BTC Analysis indicates strong bullish momentum above $102,000, with the price currently above $103,000. The support level at $100,000 is crucial, and a break above it would lead to a potential pullback towards $92,000. If the uptrend continues, the resistance levels at $111,000, $130,000, and $167,000 are potential price targets.
$BTC Analysis indicates strong bullish momentum above $102,000, with the price currently above $103,000. The support level at $100,000 is crucial, and a break above it would lead to a potential pullback towards $92,000. If the uptrend continues, the resistance levels at $111,000, $130,000, and $167,000 are potential price targets.
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#CryptoSecurity101 If anyone sells their account, it is ugly In light of the rising use of cryptocurrencies, some may think that selling their account on the Binance platform is a profitable idea, but the truth is that this step is fraught with legal and security risks. Binance completely prohibits the selling or transferring of accounts to other people. The account is linked to the user's original identity, and any attempt to relinquish it exposes it to suspension or freezing without prior notice, which may lead to the loss of all digital assets within it. The seller may later be surprised to find that they are legally responsible for any suspicious activity conducted through the account, even if they were unaware of it, because the account is still linked to their official identity. Additionally, the sold account may be used in illegal activities such as money laundering or fraud, which could involve you in serious legal problems. 🛑 If you no longer wish to use the account, it is better to close it officially through the account settings on the Binance platform, rather than risking selling it. 🔐 Golden advice: Keep your account, and do not part with it for any reason. Safety first, and adhering to the terms protects you.
#CryptoSecurity101 If anyone sells their account, it is ugly
In light of the rising use of cryptocurrencies, some may think that selling their account on the Binance platform is a profitable idea, but the truth is that this step is fraught with legal and security risks.
Binance completely prohibits the selling or transferring of accounts to other people. The account is linked to the user's original identity, and any attempt to relinquish it exposes it to suspension or freezing without prior notice, which may lead to the loss of all digital assets within it.
The seller may later be surprised to find that they are legally responsible for any suspicious activity conducted through the account, even if they were unaware of it, because the account is still linked to their official identity.
Additionally, the sold account may be used in illegal activities such as money laundering or fraud, which could involve you in serious legal problems.
🛑 If you no longer wish to use the account, it is better to close it officially through the account settings on the Binance platform, rather than risking selling it.
🔐 Golden advice: Keep your account, and do not part with it for any reason. Safety first, and adhering to the terms protects you.
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