The market has seen 2 consecutive days of decline, however, $BTC is still holding its price above the $102-103K range, while $ETH is in the $2K5-2K7 range. After a strong increase, the chart is showing signs of accumulation.
Both BTC.D and USDT.D are also moving sideways, with small candle patterns and narrow ranges - a signal of an accumulation phase or a temporary pause after the decline.
According to technical analysis, the 4 indicators above have not shown signs of reversal yet.
Tonight there will be a series of important news such as PPI, Retail Sales, Unemployment Claims, and a speech from the Fed Chairman, it is necessary to observe the price reaction before and after the news to determine the next trend.
An unexpected wallet address transferred all held ETH to Coinbase before the US session
This address has sent 129392.17 $ETH ~350M to Coinbase. Notably, this wallet has held this amount of ETH for ~5 years before making the decision.
Additionally, 1 billion USDT has been minted before the news, so what do you think, will the market trend INCREASE or DECREASE? #avocado_trading #dathuynhtrung #BinanceTGEAlayaAI #ppi
Currently, there are about 2.5 Million $BTC recorded on exchanges.
On the chart, the supply and price of BTC are trending in opposite directions. This is a good sign as the amount of BTC on exchanges continues to decline sharply, while the price remains very ""sturdy"" around the $100K region.
However, risks always come from short-term fluctuations, so stay patient and alert.
#BinancePizza is a hashtag commonly used to commemorate Bitcoin Pizza Day — May 22nd each year. This is a special day in the cryptocurrency community to remember the first commercial transaction using Bitcoin: on May 22, 2010, Laszlo Hanyecz bought 2 pizzas for 10,000 BTC.
Binance, the largest cryptocurrency exchange in the world, often holds events, media campaigns, or promotions on this day, under the hashtag #BinancePizza to: • Celebrate Bitcoin Pizza Day. • Create community events such as free pizza giveaways, airdrops, or mini-games. • Promote awareness of crypto and remember the journey of Bitcoin's development from the first pizza transaction to its current value.
The cryptocurrency market is experiencing a slight adjustment Bitcoin (BTC) is currently trading around 102,742 USD, almost unchanged in the past 24 hours. Ethereum (ETH) has increased by more than 50% since the beginning of May, outperforming the overall crypto market's increase of 15.25%. Altcoins like XRP and Solana have decreased by about 5%, due to profit-taking pressure and concerns about macroeconomic factors #BinancePizza #thetradesharingwidget
Why is investing in Bitcoin a hedge against inflation?
Bitcoin is considered an “inflation hedge” due to three main factors:
1. Limited supply • Only 21 million Bitcoins will be created, and it cannot be printed like fiat money. • When the supply is fixed but demand increases, the value of Bitcoin tends to rise – helping to protect assets from losing value due to inflation.
2. Decentralization and independence • Bitcoin is not controlled by any government or central bank. • This helps it avoid risks from monetary policies such as excessive money printing, lowering interest rates, or capital controls.
3. Transparency and censorship resistance • Bitcoin transactions are transparent on the blockchain, and they cannot be forged or tampered with. • Bitcoin assets are difficult to seize or freeze — particularly important in unstable countries or those with high inflation.
Conclusion:
Although volatile and not perfect, Bitcoin is increasingly viewed by individuals, businesses, and even governments as a “financial buoy” in an unstable monetary environment — similar to the role of gold in the past.
Crush the crypto market with perfect timing! Ignoring market session timing misses prime trades, but syncing with active hours sparks victory. Trade during high volume sessions, like U.S. market opens, when coins surge with breakout momentum. The market buzzes with trend opportunities, open to traders who hit peak sessions. Commit to session-based trading, ride the market’s lively pulse, and act with bold precision. By timing trades to active sessions, you’ll claim consistent wins, emerging as a trader who turns market energy into steady profits with sharp, disciplined focus.
TOMORROW'S BITCOIN IS FORECASTED TO PUMP/DUMP STRONGLY.
+ 7:30 PM 15/05: The US will announce the PPI for April.
- Year-over-Year PPI Inflation (Forecast = 3.1%, Previous = 2.7%) - Month-over-Month Core PPI Inflation (Forecast = 3.3%, Previous = 3.3%) + 7:40 PM 15/05: FED Chairman Powell will speak.
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So what is the PPI index? The PPI (Producer Price Index) is a measure of the average change over time in the selling prices received by domestic producers for their output.
Simply put: • PPI reflects the input costs of businesses. • If PPI increases, it may lead to an increase in CPI (Consumer Price Index) afterward, as businesses typically pass higher costs onto consumers.
Role: • It is an early indicator of inflation. • Closely monitored by investors and central banks to predict monetary policy (such as interest rate hikes/cuts).