The crypto market saw mild upward movement today, with total market cap reaching $3.3 trillion. $BTC is trading near $105,300, up around 0.4%, showing signs of stabilization after recent dips. RSI on the 4-hour chart is nearing oversold territory, hinting at a possible rebound.
$ETH holds around $2,500, attempting to consolidate before any move back toward the key $2,800 resistance. A breakout above that level could push ETH toward the $4K zone in the coming weeks.
Altcoins had a mixed day.$RVN surged 18%, while #Shibalnu gained over 3%, bouncing off key support. Meme coins like SPX6900 and Animecoin also saw 6–7% jumps.
Meanwhile, XRP shows strength with a 5-year gain of over 980%, currently aiming for $2.30 by the end of June.
ETF inflows are slowing, and broader market sentiment remains cautious as equities cool off. However, oversold signals on major charts may trigger bullish reactions soon.
📈 Keep an eye on breakout levels—BTC $108K, ETH $2.8K—and whale activity. The market is calm, but setups are forming. #Write2Earn #BinanceAlphaAlert
**CEX vs DEX 101: Understanding the Key Differences** 🚀
If you're new to crypto trading, you've probably heard about **Centralized Exchanges (CEX)** and **Decentralized Exchanges (DEX)**. But what’s the difference, and which one should you use? Let’s break it down!
### **🔵 Centralized Exchanges (CEX)** **Examples:** Binance, Coinbase, Kraken ✅ **Pros:** - Easy to use (great for beginners) - High liquidity & fast transactions - Fiat on/off ramps (buy crypto with USD, EUR, etc.) - Customer support
❌ **Cons:** - Custodial (you don’t control your private keys) - KYC/AML requirements (identity verification) - Risk of hacks or exchange shutdowns
### **🟢 Decentralized Exchanges (DEX)** **Examples:** Uniswap, PancakeSwap, dYdX ✅ **Pros:** - Non-custodial (you own your keys) - No KYC (more privacy) - Permissionless (anyone can trade) - Supports DeFi features (yield farming, staking)
❌ **Cons:** - Steeper learning curve - Lower liquidity for some tokens - Slower transactions (depends on blockchain) - Smart contract risks
### **Which One Should You Use?** - **Beginners:** Start with a **CEX** for ease & liquidity. - **Privacy & Control:** Go for a **DEX** if you want full ownership of your funds. - **Trading vs. Holding:** CEX for active trading, DEX for long-term DeFi participation.
Both have their place in crypto! Which do you prefer—CEX or DEX? Let’s discuss! 💬👇
The important macroeconomic data release schedule for next week is as follows:
Monday 22:00, U.S. April wholesale sales month-on-month rate;
Monday 23:00, U.S. May New York Fed 1-year inflation expectation;
Wednesday 20:30, U.S. May CPI data;
Wednesday 22:30, U.S. EIA crude oil inventory, Cushing crude oil inventory, strategic petroleum reserve inventory for the week ending June 6;
Thursday 20:30, U.S. initial jobless claims for the week ending June 7, U.S. May PPI;
Friday 22:00, U.S. June 1-year inflation rate preliminary estimate, U.S. June University of Michigan consumer sentiment index preliminary estimate.
The U.S. May CPI report to be released next Wednesday will test the market's optimism about rate cuts, as it may show a halt in the recent downward trend in inflation.
According to the Cleveland Fed's Nowcast model forecast, the overall CPI for May is expected to increase by 2.4% year-on-year, higher than last month's 2.3%; core CPI is expected to grow by 2.8% year-on-year, unchanged from the previous month. Analysts expect the three-month annualized inflation rate for core goods to peak in early autumn (4%-5%), slightly lower and delayed compared to the forecast before the "reciprocal tariffs" pause on May 8.
Nice Move USA 🔥 They made Cryto prices down and when they are low,their insiders bought $BTC and $SOL .So Their prices went back to normal within 2days. #Write2Earn #Trump #Musk