If the market is really bad and the closing price (the final price of the day) drops below $2290 (this is a major support on the weekly chart), don't hesitate, cut your losses immediately! Protecting your principal is the most important thing; as long as you have the green mountains, you don’t have to worry about firewood. $ETH
$BTC Currently, it appears that the major trend is a downward movement. The price broke through significant support structures consecutively yesterday, leading technical indicators to give clear signals of decline. The key support level below remains near the previous low of the 100600 area. Looking at the four-hour outlook, after the price returned above 104000 with a pin bar, it faced some resistance again. On the MACD indicator, bearish volume continues to increase
#IsraelIranConflict European nighttime hours—any sell-off can trigger exaggerated price movements. Geopolitical events, like Israel attacking Iran, can significantly impact crypto prices. Such actions create global uncertainty and push investors away from riskier assets like cryptocurrencies. This "risk-off" sentiment often leads to temporary but sharp declines. If the attack occurs during low-liquidity hours, the effect is amplified. In this case, the Israel-Iran conflict likely triggered fear-driven selling overnight, accelerating a broader market pullback.
$BTC Those who followed it should have profited. Currently, the market has touched the support at 107,000 and is starting to rebound, but the strength of the rebound is insufficient. However, it is likely to rebound to around 108,400 before continuing to retrace, and then rebound again at 107,600. The target remains to push towards breaking through the 110,000 mark. $BTC
#TrumpTariffs President Trump announced plans to impose additional tariffs on countries that tax U.S. exports. He also stated that Congress is close to passing the largest tax cut bill in U.S. history, calling it a “rocket” for the U.S. economy. The combination of tax cuts and new trade measures could lead to stronger domestic growth and investor confidence—but may also introduce global trade uncertainty and inflationary risks.
$ETH This is believed to be the most interesting crypto trading event of 2024 and is focused on enhancing investors’ trading experience through challenges and adequate rewards. Binance is one the largest & popular crypto exchanges with over 230 million users and has begun this trading league to appreciate and reward the same crypto community.
#NasdaqETFUpdate This rally is attributed to robust corporate earnings, renewed optimism in artificial intelligence (AI), and easing trade tensions. The Invesco QQQ Trust (QQQ), a popular ETF tracking the Nasdaq-100, has shown impressive long-term outperformance against the S&P 500, driven by its holdings' significant R&D investments. While some market volatility remains, particularly around policy uncertainty, the fundamental health of many tech companies continues to support a constructive outlook for Nasdaq ETFs. Investors are closely watching for sustained positive trends.
#MarketRebound I used this opportunity to close some short positions and flip to long on selected tokens. It’s important to monitor trading volume during rebounds as low-volume pumps often fail. Also, I avoid chasing green candles and wait for retracements to enter safely. This rebound feels healthier compared to recent ones due to broad participation across sectors.
#TradingTools101 It shows price volatility and short-term ranges. When the candles hit the upper band, the move is stretched. If they stick outside the band, it’s breakout territory. When they ride the lower band and flatten, it usually means exhaustion.
$BTC Actually, I tried the Martingale trading method a long time ago, but suffered significant losses, so I really scoff at this strategy. There are too many one-sided markets in the crypto space; Bitcoin can fluctuate by thousands of dollars in an instant, while altcoins can easily move by hundreds of dollars. How can you withstand playing Martingale? Are you an infinite bullet? 😓
#USChinaTradeTalks The current negotiations are heavily focused on export controls on critical technologies like advanced semiconductors and China's restrictions on rare earth minerals. While both sides aim to de-escalate trade tensions and prevent a full-blown trade war, the underlying competition for economic and technological dominance remains a major sticking point. The US seeks to limit China's access to cutting-edge tech, while China leverages its near-monopoly on rare earth processing, essential for various high-tech industries. The success of these talks will hinge on finding common ground in these strategically vital sectors, impacting global supply chains and economic growth.
$BTC Comprehensive analysis shows that the bullish momentum is weakening significantly, and it is advisable to avoid chasing long positions at high levels. The morning strategy leans towards looking for high points to set up short positions.
#SouthKoreaCryptoPolicy Upbit (80% market share) and Bithumb dominate trading, with high volumes in altcoins and stablecoins. In Q1 2024, the Korean won surpassed the US dollar as the most traded currency in global crypto markets.
#CryptoCharts101 Trading volume remains high with 12.53 million SOL exchanged, amounting to $1.90 billion USDT, showing continued market participation. Despite a slight gain of +0.11% today, SOL has risen +26.19% over the last 90 days, confirming a healthy medium-term uptrend. However, the longer-term outlook is still under pressure, with a -27.73% drop over the past 180 days and a -4.65% decline over the past year, highlighting the asset's overall bearish performance in the broader perpetual futures context.
#TradingMistakes101 It wiped me out during a minor dip, even though the price eventually went back up. Over-leveraging increases risk massively. I now always use low leverage and set clear stop-losses.
$USDC Meta also restarted its stablecoin plans, exploring payment scenarios for Facebook and WhatsApp. PayPal offers a 3.7% yield for PYUSD holders, and Stripe launched the programmable stablecoin USDB, covering enterprise accounts in 101 countries. Visa and Mastercard are facilitating offline consumption scenarios by linking stablecoin payment cards. On the regulatory front, the passage of the U.S. 'Genius Act' and Hong Kong's 'Stablecoin Regulations' paves the way for compliance, allowing tech giants to seize trillion-dollar markets in cross-border payments, DeFi, and AI proxy payments.
#BigTechStablecoin These efforts aim to enhance control over digital payments and could significantly shape the future of the cryptocurrency landscape.
#CryptoFees101 higher the fee that is paid, the greater the possibility of instant processing. As there is limited block space available, users pay BTC transaction fees. It is undoubtedly a smart move that gives rise to a win-win situation for both miners and bitcoin users. The miner receives the reward once the validation of a new block is complete.
$BTC Current Price: 104,906 🔺 24H High: 105,333 🔻 24H Low: 100,372 On the 4-hour chart, we saw: 🔴 3 red candles during the dump 🟢 Now 4 green candles rising — signs of a potential bounce or reversal forming.