Bitcoin dominance rate (BTCD) has dropped by nearly 2% over the past week, a signal traders often interpret as the start of capital moving into altcoins. Popular tokens like DOGE, XRP, ETH, and SOL are following a similar breakout pattern as Bitcoin did in late April, hinting that altcoin momentum might be growing across the market.
š¬ Is altcoin season coming soon? Which tokens are you keeping an eye onāand how are you positioning yourself for the shift? š Create a post with #AltcoinSeasonLoading or the $XRP cashtag, or share your trader profile and insights to earn Binance points! (Press the ā+ā on the App homepage and click on Task Center) Activity period: 2025-05-10 06:00 (UTC) to 2025-05-11 06:00 (UTC) Points rewards are first-come, first-served, so donāt forget to claim your points daily!
Bitcoin dominance rate (BTCD) has dropped by nearly 2% over the past week, a signal traders often interpret as the start of capital moving into altcoins. Popular tokens like DOGE, XRP, ETH, and SOL are following a similar breakout pattern as Bitcoin did in late April, hinting that altcoin momentum might be growing across the market.
š¬ Is altcoin season coming soon? Which tokens are you keeping an eye onāand how are you positioning yourself for the shift? š Create a post with #AltcoinSeasonLoading or the $XRP cashtag, or share your trader profile and insights to earn Binance points! (Press the ā+ā on the App homepage and click on Task Center) Activity period: 2025-05-10 06:00 (UTC) to 2025-05-11 06:00 (UTC) Points rewards are first-come, first-served, so donāt forget to claim your points daily!
$BTC Current Market Mood (My View): BTC chilling around $103,183 right now.
Upside Liquidity Zone: Between $104,732 ā $106,280, shorts are packed in. If market wants to hunt liquidity, expect a push toward $105K+ to trigger those stops.
Downside Liquidity Zone: Between $101,635 ā $100,087, weāve got long positions stacked. If price pulls back, this zone is the first place it might visit.
Conclusion (Short-Term Bias): Market feels slightly bullish, but still range-bound. Chances are higher that BTC makes a move up to $105K+ before any drop. A dip toward $101K is still on the table if we get a hard rejection or bad news.
Intraday Setup (My Gameplan): Thinking of a long scalp near $103.1K, aiming for $104.7Kā$105.5K. Only flipping short if we see strong rejection at $105.5K with big volume.
Share Your Trades to Unlock 5,000 USDC Rewards! The #TradeStories Trade Sharing Challenge is now live. Show off your trading skills, share your strategies, and grab your share of the 5,000 USDC rewards!
š¬ Today's Topic: #TradeOfTheWeek Share your best trade of the week: ⢠What made this trade stand out from the rest? ⢠Was your success based on timing, strategy, or luck? ⢠Would you repeat this approach in the future?
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š How To Participate Step 1: Share your trade using the Trade Sharing Card feature. (Open the post editor, click Add Trades, and select the trade you want to share.) Step 2: Add your insights (min. 100 characters) and include both hashtags: #TradeStories and #TradeOfTheWeek.
š Reminder: ⢠Each post must have unique content. ⢠You can post multiple times, on any of the eligible topics, at any time during the campaign. ⢠You may use the same trade across different topics only if each post offers a different perspective or insight on the trade.