A trader,student crypto analysis,physics teacher and someone who stick to only halal crypto spot.I Don't deal in haram trading,Inshaallah. Follow on X: @Ohi_h_c
š Crypto Trading 101: A Beginnerās Guide for Binance Users to Start Spot Trading with Confidence
š Welcome New Trader!
So youāre ready to dive into crypto but feeling overwhelmed by all the jargon?
Youāre not alone. Thousands of new users log into Binance every day, eager to beginābut then they hit terms like blockchain, hash rate, DeFi, bullish, resistance, and freeze.
Letās clear the noise and show you how to get started with confidence.
This guide is your Halal, beginnerāfriendly roadmap to spot tradingāno risky futures, no margin or leverage, just buying and selling crypto the safe way. --- š§ Key Crypto Concepts (Explained Simply)
Letās break down essential terms so they actually make sense:
Blockchain: A digital ledger that records every crypto transaction publiclyālike a shared Google Sheet no one can edit.
Wallet / Address: Your personal digital account. Think of it as an email + password comboābut way more secure.
Exchange: Binance is your crypto marketplaceājust like Amazon, but for digital coins.
Market Order: Buy or sell immediately at the current price.
Limit Order: Set your own price and wait for the market to meet it.
Stop-Loss: An automatic order that sells your crypto if it drops to a price you chooseāto cap your losses.
Bullish: When people believe prices will go up.
Bearish: When people expect prices to fall.
Support: A price level where crypto often stops falling and bounces back.
Resistance: A price level where crypto often stops rising and dips down.
Consolidation: A period when price moves sidewaysānot rising or falling muchābefore the next big move.
You donāt need to master everything on day one. But understanding these basics will give you a solid foundation. ---
ā DOās of Spot Trading
ā Start Small: Never invest more than you can afford to lose. Even ā¹500āā¹1000 is enough to begin.
ā Use Stop-Loss Orders: Always protect your downside.
ā Diversify: Donāt go all-in on one coināspread across 3ā5.
ā Withdraw to Secure Wallets: Keep long-term holdings off exchanges.
ā Do Your Own Research (DYOR): Check each projectās roadmap, dev team, volume, and community strength.
ā Use Reputable Exchanges Like Binance: Look for regulation, strong security, and trusted track records. ---
š« DONāTās of Spot Trading
š« Donāt Chase Hype: Avoid coins that suddenly pump because of influencers or rumors. FOMO(Fear Of Missing Out) will cause you losses more often then not.
š« Donāt Fall for āGuaranteed Profitsā: If it sounds too good to be true, itās probably a scam.
š« Donāt Use Leverage, Futures or Margin: Theyāre complex, haram (Islamically impermissible), and too risky for beginners.
š« Donāt Panic-Sell: Emotions are your enemy. Always trade with logic, not fear.
š« Donāt Forget Fees: Be aware of trading fees and withdrawal costs before making frequent trades. ---
š ļø Tips, Tricks & Secret Sauce for Beginners
š” Track Each Trade: Write down what you bought, why, and how it performed. This will help you improve.
š§ Stick to Your Plan: Donāt let FOMO or panic push you around.
š Learn Simple Chart Patterns: You donāt need to be an expertājust learn support, resistance, and trends.
š Protect Your Private Keys: Never share wallet seed phrases. Use hardware wallets like Ledger for long-term holdings.
šÆ Follow Trusted Creators on Binance Square: Weāre here to help! Follow Binance creators that make sense to you, logically and rationally. Avoid those who guarantee stuff and speak of things too good to be true. Look out for updates, guides, and walkthroughs daily. ---
š Best Coins for Spot Trading (July 2025 Picks)
š 5 Best Coins for Long-Term Holding
These are largeācap, battleātested cryptos with long-term potential:
1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Binance Coin ($BNB )
4. Solana (SOL)
5. Cardano (ADA)
They are widely held, supported by big institutions, and offer relatively stable growth.
ā” 5 Best Coins for Short-Term Spot Trades
Great for short-term strategies due to liquidity and price movement:
1. Bitcoin (BTC)
2. Ethereum (ETH)
3. Solana ($SOL )
4. XRP (Ripple)
5. Dogecoin ($DOGE )
These coins see frequent trading volume, which creates opportunity for fast (but careful) trades. ---
āļø A Quick Question for You:
What was your first ever crypto purchaseāor what are you planning to buy? Let me know in the commentsāI reply to every single one š
And if you have doubts or want help, donāt hesitate to contact me on X (Twitter)āyouāll find the link in my Bio. --- š Boost Your Learning Even More
š Follow me here on Binance Square for more simplified guides, real market insights, and motivational breakdowns. š Turn on notifications so you donāt miss my next trading lesson or trending update. š Share this with one friend who's also trying to start crypto right. --- š Good Luck & Start Strong!
Youāre not too late. Youāre just early in your own journey. With patience, study, and community supportāyou can grow and win in this space.
This is general information only and not financial advice. For personal guidance, please consult a licensed professional.
It is my humble request to you to watch this short video. If you agree, please share it too.
What's in it?It's a(with help of AI)deep dive into #pi , it's current status, Future potential, Development, issues, ways to solve the issues, whether pi can be a $100 crypto,can it be top 10, can it compete with $BTC , $ETH , $SOL etc and thoughts on #PiCoreTeam Note:I don't have enough confidence to speak about the whole thing in the video so am very sorry that unfortunately you will have to pause the video repeatedly. But trust me on this, it is well worth it if you wanna get a clear view of $PI
$BIO Congratulations guys, we hit 2 of our targets(check the picture) now the third 0.15 remains(which i don't think bio going to hit).
So far my previous analysis š This one holds. Once this bullish movement cools down, i may put another analysis on bio. Follow me if you want to catch that too. Let me know if anyone wants analysis and trade setup of any other token. $QKC $TRUMP
ETH Hits a 4-Year Weekly High ā Is $5K Next or a $3.7K Pullback?
Ethereum just closed its best week in four years, locking a weekly close at $4,475 after breaking the stubborn $4,000 ceiling from 2021. Big institutional flows ā especially into spot ETH ETFs ā and record on-chain activity are the twin engines behind the rally.
Why it ran up
ETF money: Massive inflows into spot Ethereum products ā $1.02B on Aug. 11 alone ā are pouring steady demand into ETH. BlackRockās ETHA now controls the biggest slice of ETF holdings, adding structural buying pressure.
Network usage: July showed huge activity (ā46.7M transactions) and daily txs hit 1.74M on Aug. 5 ā real usage is matching the hype.
Price levels traders are watching
Key support zone: $4,000 ā $4,150. This area flipped from resistance to support and aligns with the 20-day EMA (~$4,140). Glassnode shows heavy accumulation near $4,150 (ā341k ETH).
Bull case: A weekly close above $4,550 could confirm a breakout and open targets between $5,000 and $5,800.
Bear case: A weekly close below $4,150 risks a deeper pullback toward $3,650ā$3,750. Analyst Demi-Defi says āI remain bullish while $4.15K+ holds weekly.ā
What to take away This move feels different because itās backed by real money (ETFs) and real activity (transactions). That makes the rally more legit ā but also means institutional flows can stop or reverse, which would quickly test support. Treat dips above $4,150 as potential buy zones; but if that line breaks, expect a sharper correction.
Source & credit: Cointelegraph ā āEthereum sets highest weekly close in 4 years: Watch these ETH price levelsā by Nancy Lubale.
GREAT news for INDIAN Crypto bros: India May Draft a āCrypto Codeā: CBDT Asks Players if New Law, Lower TDS & Loss Set-Offs Are Needed
Indiaās tax authority ā the Central Board of Direct Taxes (CBDT) ā is reaching out to crypto stakeholders with a big question: do we need a new, dedicated law for virtual digital assets (VDAs)? Theyāre probing everything from who should regulate crypto, to whether the current 1% TDS on every sale is too steep, and if traders should be allowed to offset losses against their gains for a fairer tax system. There's even concern that high taxes and unclear rules are driving businesses offshore. Plus, questions around banking access and foreign exchange regulations (under FEMA) continue to cloud the landscape.
Why it matters This isnāt just tax-speakāthis could be a turning point. A fresh law could bring clarity on who monitors crypto (CBDT? RBI? FIU?), lower the friction on bank transfers, and ease tax pain. Industry insiders are hoping it means fairer taxes, clearer cross-border rules, and a regain of market confidence.
What to keep an eye on
Will CBDT ease the 1% TDS? A 0.1% level could fuel domestic trading.
Allowing loss carry-forwards would be a game-changer for serious traders.
Banks might get the green light to open VDA-linked accountsāfinally, smoother INR access.
If rules improve, we could see adoption pick back upāand crypto businesses stay home instead of setting up abroad.
Why Binance Square users should care If a new crypto law is in the works, it affects your trading costs, paperwork, and even tax bills. Smarter rules mean safer trades and more capital staying in Indiaāpossibly even opening up institutional access and INR rails downstream.
Source: Economic Times ā āDoes India need new law on virtual digital assets, CBDT asks cryptocurrency playersā Also referenced: Storyboard18, Ainvest & Economic Times (analysis collated)
Ethereum Rallies While Bitcoin Wobbles: This Weekās Market Pulse
Ethereum led pack this week, surging while Bitcoin barely budged ā and the headlines were all about stablecoin chains, big liquidations, and fresh funding rounds that show where smart money is flowing.
Snapshot
Market move: Total crypto market cap rose to $4.08T as ETH jumped ~17% on the week while BTC gained just 0.97%.
Volatility flash:sharp reversal mid-week wiped out roughly $900M in long liquidations in a single day ā a reminder that fast rallies can snap back hard.
Big narrative ā Stablecoins & payments chains
Traditional finance players and stablecoin teams are doubling down: Circle plans an Arc (USDC-focused L1) and Stripe is working on a payments chain called Tempo. That push is spawning specialised chains built for payments and tokenized finance, not general dApps. This is a theme worth watching because it shifts where developer and institutional attention goes.
Notable project news
Qubic pulled a controversial move on Moneroās network by reaching 51% of hashrate as an experiment ā raising fresh centralisation concerns.
OKX upgraded its chain and burned 65M OKB, fixing supply and sparking a sharp token rally.
LayerZero proposed acquiring Stargate via an $110M STG buy ā consolidation in bridges and interoperebility is accelerating
DeFi & token ecosystem pulse
Uniswap Foundation is moving toward legal recognition (Wyoming entity) to pave the way for real-world governance and token value accrual. Meanwhile new DEX products and integrations (e.g., Aerodrome on Base)show incumbents are evolving to capture traditional-finance flows
Funding & airdrops
Several rounds closed this week: Hack Quest ($4.1M), Transak ($16M led by Tether/IDG), Honeycoin ($4.9M), and Shrapnel ($19.5M).New protocol funding and token distributions keep developers building and users engaged.
Source & credit: CoinMarketCap Research ā CMC Market Pulse:Etherem Continues to Lead,Bitcoin Falters.
$BIO Congratulations guys,we hit our 1st target with bio earlier. All thanks to Allah(swt). I given alert(i as late to notice) around 1.243 and after that BIO hit our 1st tage of 1.5
Unfortunately we didn't hit our higher target but thas ok. We made goodprfits.
Now what?
Bullish Bias (~65% Bullish
Ideal Buy Zones
Safe (Low-Risk): $0.1100ā$0.1150 (near 1h EMA-99 and prior support)
Moderate: $0.1170ā$0.1200 (confluence of EMA-25 on both 1h & daily)
Risky (Aggressive): $0.1220ā$0.1250 (chasing momentum near current price)
Ideal Sell Zones
Safe : $0.1300ā$0.1350 (recent highs and psychological level)
Risky : $0.1500ā$0.1550 (all-time high cluster above $0.1522)
Stop-Loss Levels
Tight: below $0.1100
Flexible: below $0.1000
Continue to know why:
⢠Current Price & Action: BIO/USDT is trading around $0.1227, up ~18ā19% intraday. The 24-hour range spans approximately $0.1012 (low) to $0.1522 (high).
⢠1-Hour Chart (EMA + Momentum): EMAs are aligned bullishly: EMA-7 ($0.1253) > EMA-25 ($0.1199) > EMA-99 (~$0.1106). MACDās DIF (~0.0052) is above DEA (~0.0062) but histogram recently turned positive, signaling fresh momentum. RSI moderate (~44), so not overbought, which supports further upside.
⢠Daily Chart: EMAs show accelerationāEMA-7 (~$0.1144) has crossed above both EMA-25 (~$0.0935) and EMA-99 (~$0.0828), indicating a strong emerging uptrend. RSI (~61) confirms bullish momentum without overextension. MACD is positive (DIF > DEA), supporting continuation.
⢠Order Book & Depth: Significant bid support: ~65% bids vs 35% asks near current price. indicates sturdy buy-side interest and liquidity, helping to sustain price near $0.1227.
$KAITO heads up guys. Kaito Is bearish but approaching a strong support level. if it holds then we will Inshaallah see a good bounce, so keep an eye on KAITO Bearish bias (ā38% bullish)
Buy zones ⢠Safe: 1.01ā1.03 (fills near recent low 1.0128). ⢠Moderately safe: 1.04ā1.06 (current consolidation / EMA area). ⢠Risky: 1.08ā1.10 (breakout retest ā buy only if volume & bid depth support).
S/R: support cluster 1.012ā1.03, next major support ~0.90; immediate resistance 1.09ā1.11, then 1.18ā1.25.
Plan: scale entries (50/30/20): prefer buying in safe zone or wait for clear 1h reversal (higher low + rising volume). For short scalps use tight stops at 0.99; for swing buys use flexible stops. Avoid chasing into the risky zone without orderbook + volume confirmation.
Risk reminder: crypto is volatile ā size positions so a single trade won't break your account. DYOR and Inshaallah we will make good profits. $WLD $INIT
š Pi Hackathon 2025 Kicks Off ā Build, Compete & Win160,000 Pi!
Big news for the Pi Network community! š
The first-ever Pi Hackathon after Open Network launch is hereāPi Hackathon 2025! This is your chance to build powerful Mainnet apps that create real-world utility for Pi, shape the ecosystem, and win big rewards.
Whatās at stake? A massive 160,000 Pi in prizes will be awarded to winning teams. Developers from around the world are invited to form teams, register, and bring their ideas to life.
Deadline:
Register, build, and submit your app + demo video by October 15, 2025.
Use invitation code hackathon25 on the Pi Developer Portal to join.
This is not just a competitionāitās a chance to create apps that drive adoption and make Pi truly useful in everyday life.
If youāre a developer with big ideas, this is YOUR moment. If youāre not, share this with someone who can code and might just be the next Pi innovator.
Under the guise of "Altseason" some will try to exploit you. The only protection against them is Knowledge and wisdom to use that knowledge the correct way.
Have you ever seen a random coin suddenly getting hyped everywhere with people shouting āTO THE MOON šā? Thatās often the start of a pump & dump. A small group secretly buys a coin early, then creates massive hype through influencers, groups, and fake promises. Excited traders rush in, pumping the price higher⦠but once itās at the top, the original promoters quietly sell their bags. The price crashes, leaving late buyers with heavy losses.
Donāt get fooled by the noise. If something looks like āeasy moneyā with no real project or utility, itās probably a trap. Always DYOR (Do Your Own Research), watch for sudden suspicious spikes, and remember: if everyone is screaming that itās the next 100x overnight, itās likely the next 100% dump tomorrow. Stay smart, protect your portfolio, and share this with your friends so they donāt become exit liquidity. š”
Just when you thought India had mined out all its surprise, Odisha(an India state)goes and hit a jackpotāwith nearly 20 tonnes of gold now found across multiple districts!
The Geological Survey of India (GSI) has been busy discovering significant gold deposits in Sundargarh, Nabarangpur, Keonjhar, Deogarhāand thatās just the beginning. Explorations are also underway in Malkangiri, Sambalpur, Boudh, and parts of Mayurbhanj like Jashipur, Suriaguda, Ruaansi, and more.
The Mines Minister of Odisha, Bibhuti Jena, has confirmed these findings and says the state is gearing up for a gold mining block auction soonābeginning a new chapter in the stateās mineral story. Preliminary findings are hopeful, and final reports are expected by the end of 2025 as technical experts and GSI assess feasibility.
Now, a ājackpotā remark might raise eyebrowsābut considering Indiaās heavy dependence on gold imports, any domestic discovery is a rare and exciting moment. Even if the figure ānearly 20 tonnesā turns out optimistic, itās a symbol of potential economic growth, mining-sector expansion, and a shot at reducing import bills.
Trump Relayed Putinās Big āGive-Up Donetsk or Stop Fightingā Pitchābut Zelensky Said, āNo Way!ā
Picture this: a high-stakes summit up north in chilly Alaska. U.S. President Donald Trump met Russian President Vladimir Putinābig names, big drama. According to Reuters, Trump told Ukrainian President Volodymyr Zelensky that Putin wants all of Donetsk in exchange for freezing front lines. In simple words: "Give us Donetsk and weāll pause the fighting."
Now, Donetsk isnāt some tiny patchāitās a massive, industrially rich region. Russia already controls most of it. Putinās demand? Ukraine must surrender the parts still under its control. In return, Russia would agree to hold fire elsewhere.
But Zelensky didnāt blink. He firmly rejected the idea. Ukraineās constitution doesnāt allow giving away land like that. Zelensky made it clear: no territorial give-away, and any peace deal must include strong security guarantees.
Following that, Zelensky is heading to Washingtonāthis time alongside European leadersāto talk to Trump in person. Theyāll push back, insist on a ceasefire-first approach, and demand rock-solid protective assurances for Ukraine.
So, whatās going on here? Putinās proposal could have been a tough deal disguised as peace. Trump seems to back going straight for a peace agreement rather than a ceasefire. But Ukraine says no surrender, no shortcuts, no skipping their safety. Itās a high-wire diplomatic momentāand the world is watching.
BIG Move: BRICS 2026 Warm-Up: India, UAE & Africaās New Trilateral That Could Redraw Trade Maps
Observer Research Foundation (ORF) highlights a fresh IndiaāUAEāAfrica trilateral ahead of BRICS 2026, driven by an idea often called Bharat-Africa Setu ā a practical push to deepen trade, investment and tech ties between India, Gulf capital and African markets.
Why it matters now: With India hosting BRICS in 2026, Delhi is quietly stitching a south-south axis: the UAE brings money and market access, India brings tech and supply chains, and African partners offer markets and resources.
Priority areas: trade facilitation, infrastructure financing, clean energy, digital links, fintech and capacity-building (skills, health, education). Think faster corridors for goods, easier financing, and more collaboration on tech and climate projects.
Geopolitical angle: Itās also a hedge ā an attempt to reduce over-reliance on old North-South channels and to build alternative, resilient supply-and-finance routes across the Global South.
What could change on the ground Expect faster project financing for African infrastructure, more UAE capital flowing via Indian intermediaries, and pilot initiatives that make rupee-and-local-currency trade easier.
This trilateral isnāt theatre ā itās practical statecraft. If it scales, businesses in India, the Gulf and Africa will see more deals, quicker payments and new infrastructure projects. Watch BRICS 2026 for whether these plans become reality or remain promising drafts.
Source & credit: Observer Research Foundation (ORF Middle East) ā āCountdown to BRICS 2026: The India-Africa-UAE Trilateral.ā
Hereās where it gets interesting for crypto š As BRICS nations already push for de-dollarisation, this trilateral could accelerate alternative payment systems, cross-border digital trade, and even pave the way for wider crypto & CBDC adoption in emerging markets. More countries move away from USD, the stronger the case for blockchain-based settlement becomes.
$BIO Massive bull movement by BIO. Even if you don't invest in it, You need to keep an eye on it at least. Short-term view ā Bullish bias (65% bullish)
Buy zones (short 1dā1w) ⢠Safe: 0.095ā0.105 (recent consolidation / dip). ⢠Moderately safe: 0.110ā0.122 (EMA support / small pullback). ⢠Risky: 0.128ā0.138 (breakout retest ā buy only with rising volume).
Those who wanna read the explanation ā continue below.
Quick analysis / reasoning (short-term)
Price ā 0.124 after a sharp volume-driven move ā daily and 1H show EMAs turning bullish; price above 25/99 EMA.
Volume: big spike on breakout ā buyers in control but needs follow-through.
RSI: short-term overbought (1H very high) ā watch for a quick retrace. Daily RSI in bullish range (room to run but cautious).
MACD: bullish cross, positive histogram on short/timeframes.
S/R levels: immediate support 0.095 / 0.11; resistance 0.138ā0.150, then 0.20ā0.26. Order-book/depth shows heavier bids ā upside bias but watch ask walls near 0.14.
Plan: scale entries (25/50/25). Prefer buying pullbacks into safe zone or a high-volume retest of breakout. Use tight stop intraday, wider for swing. Avoid chasing the top without volume confirmation.
Risk reminder: crypto volatile ā size positions to risk only what you can afford to lose. DYOR and we will make great profits. $QKC $BNB
Start Crypto in India with ā¹100: How to Buy, Earn Passive Income, and Stay Tax-Safe
India is now one of the biggest crypto markets ā opening an account on a centralised exchange, doing KYC, and buying your first crypto can take minutes and just ā¹100. Many people build positions slowly using SIP-style buys into blue-chip tokens instead of trying to time the market.
A clear heads-up on taxes: crypto profits are taxed harshly. Hereās the current picture you must know before you trade:
30% tax on gains
1% TDS deducted at source on transactions
4% health & education cess on top
Losses cannot be set off against other income ā you canāt use crypto losses to reduce tax on profits elsewhere.
So if you make a profit, roughly 34% goes to the government; if you lose, you absorb the whole loss. Keep clean records and plan liquidity because TDS reduces cash you get immediately.
How to earn passive income from crypto (simple options)
SIPs (Systematic buys): Regular small purchases into BTC/ETH-style blue chips ā smooths out volatility and builds discipline.
Yielding (Lending): Centralised platforms let you lend crypto for interest ā often higher than bank rates, but check counterparty risk and lock-in terms.(As a muslim i must inform that Interest based and fixed rate(without profit or loss sharing) is haram)
Staking: Lock tokens to help secure proof-of-stake networks and earn rewards. Staking is useful but be aware of lock periods and slashing risks.
Bottom line Crypto in India is accessible and offers ways to earn beyond price moves ā but taxes bite and risks are real. If youāre starting: use small SIPs, learn about staking/yield mechanics, keep meticulous records, and consult a CA for tax filing.
As you can see in the pic, many believe and try to sell this hard to believe Idea that OM's gonna bump back to its ATH someday soon.
Look, itās not impossible that $OM could claw its way back near previous highs. The only thing you can be sure of in crypto is that nothing is 100% certain.
Buuuutttt⦠realistically, #om reaching its ATH is a big if. It would need a bunch of things to go right at the same time. OM did bounce from a really low level before, so itās not outside the realm of possibility that it could rally again.
That said, folks need to understand the context is different now. The market is crowded with so many tokens ā retail supply is saturated. In my view, only projects with solid fundamentals, real utility, and continuous development are likely to recover and stay strong long-term.
OM has potential, sure, but potential alone wonāt cut it. Do your homework ā donāt force yourself to see things that arenāt there; thatās just fooling yourself. Drop the bias, look at OM critically; if after that the project checks out, back it. If not, accept the loss and move on. A failed project doesnāt magically become successful just because you refuse to let go.
Anyway, what do you think ā will OM make it back to ATH? Or is this just hopium for many holders?
Crypto in India ā How Much Will the Taxman Take? A Straight, No-Fluff Guide
The short story (why you should care)
If you trade or hold crypto in India, this matters ā the tax rules are strict, automatic, and heavily enforced. You canāt shrug it off.
What the law actually says
Flat 30% tax on gains from transfers of Virtual Digital Assets (VDAs) ā thatās Bitcoin, Ether, NFTs, tokens ā under Section 115BBH. You pay 30% on the profit, plus cess/surcharge as applicable.
1% TDS on transfers: Every sale/transfer above prescribed limits attracts 1% tax deducted at source (Section 194S).
Losses canāt be set off: Losses from crypto trades generally cannot be offset against other income ā so paper losses donāt reduce your other tax bills.
Only cost of acquisition is deductible: You cannot deduct fees, gas, or other expenses when computing the taxable gain ā only the price you paid counts.
Other practical points
Staking, mining, airdrops and rewards: These may be treated as income when received ā so they can be taxable even before you sell.
Exchanges & reporting: Indian exchanges typically deduct TDS and provide transaction reports ā use them when filing ITR (see Schedule VDA / ITR-2). If you use offshore exchanges, expect extra paperwork and higher audit risk.
Enforcement is real: Tax authorities are actively issuing notices and using analytics to detect undeclared trading ā some traders have already received compliance actions.
What this means for you
Keep clean records (timestamps, tx hashes, INR value at receipt/sale).
Consider regulated products (like ETFs) if you want simpler tax handling.
If you trade heavily, use proper accounting/tax tools or a CA familiar with crypto.
Yes, the rules are harsh ā but theyāre clear. If you play by them, you avoid fines, notices and stress. If you donāt, the odds of getting a letter from the tax office are rising. Best to stay tidy and sleep easy.
20% CRASH Waiting?? 94% of XRP Holders Are in Profit.
XRPās huge run to about $3 has put ~94% of circulating supply in profit, a level that in past cycles often marked major tops ā think the 2017 and 2021 peaks. That means many holders are sitting on gains and may be tempted to sell.
On-chain risk signals back up the worry: XRPās NUPL (net unrealized profit/loss) has moved into the ābelief ā denialā zone ā the same neighborhood it visited before previous big reversals. When unrealized profits get that high, profit-taking and distribution become more likely.
Technicals add fuel to the caution. Price is trading inside a descending triangle with horizontal support near $3.05 and lower highs above it. If XRP breaks decisively below $3.05, Cointelegraphās read of the pattern points to a potential drop toward roughly $2.39 ā about 20ā24% lower from current levels. Conversely, a clean break above the descending resistance would invalidate the bearish case and could reopen far larger targets (some see $6+ in an extended bull scenario).
What this means for you (practical)
High profit ratios = higher chance of short-term selling.
Watch $3.05 closely: a daily/4H close below it would raise odds of the deeper pullback; a decisive breakout above the triangle flips the story bullish.
If you trade, manage risk: set stops, size positions sensibly, and donāt let FOMO drive decisions.
Bottom line XRPās rally looks stretched ā on-chain metrics and price structure both warn of a local top unless fresh buyers step in. That doesnāt prove a crash is guaranteed, but it does mean the risk/reward is skewed: big upside needs a clear breakout; otherwise a corrective leg is more likely.