LEGENDTAK

#MarketRebound #solana #BTC

Bitcoin Halving Event: On April 19, 2024, Bitcoin underwent its fourth halving, reducing the mining reward from 6.25 to 3.125 BTC per block. This event effectively decreased the rate at which new bitcoins are introduced into circulation, reinforcing Bitcoin's scarcity and often leading to increased investor interest. Historically, such halvings have been followed by significant price appreciations.

#PriceRecovery Post-Halving: Following the halving, Bitcoin's price experienced a notable rebound. After dipping to around $60,000, it surged back to approximately $66,617 by April 25, 2024. This recovery was attributed to renewed buyer interest and a positive shift in market sentimt. Broader Market Optimism: The anticipation of potential interest rate cuts by major central banks, including the U.S. Federal Reserve and the European Central Bank, contributed to a broader positive sentiment in financial markets. This optimism extended to the cryptocurrency sector, further bolstering Bitcoin's appeal to investors #euroneews

#CongressTradingBan
Congressional Stock Trading Ban (April 2025):

Bill Introduced: The End Congressional Stock Trading Act (H.R.1908) was introduced by Rep. Tim Burchett on March 6, 2025.

Key Provision: It bans members of Congress and their families from trading individual stocks.

Status: As of March 28, 2025, it was referred to the House Subcommittee on Commodity Markets, Digital Assets, and Rural Development.

The bill gained momentum following criticism of stock trades by Rep. Marjorie Taylor Greene just before a Trump announcement that affected the markets. Public support remains high, with 85% of Americans favoring a ban.

$BTC

#Indicators
Entry: Around $81,800–$82,200

Target: $83,200–$84,000

Stop-loss: Below $81,000

The market is in a short-term uptrend, but there's visible resistance around $83.3k. A breakout above that with volume confirmation could lead to further upside. Otherwise, expect a possible pullback.

$BNB

# short strategy - take profits

1. Market Overview

Current Price: $580.04

Resistance Level: $580.65 (recent high)

Support Zone: Around $574.00

RSI (58.58): Neutral-bullish

MACD: Slightly bearish but close to crossover

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2. Strategy Plan: Breakout & Pullback (Scalp/Intraday)

Bullish Scenario (if price breaks $580.65):

Entry: Open a long position if a candle closes above $581 with strong volume.

Stop Loss: Below support at $574 or recent low (approx $573.50).

Take Profit Targets:

TP1: $585

TP2: $590

TP3 (runner): $595+

Bearish Scenario (if price rejects at $580.65):

Entry: Open a short position if price gets rejected and falls below $578.20 with confirmation.

Stop Loss: Above $581

Take Profit Targets:

TP1: $575

TP2: $572

TP3 (runner): $568

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3. Risk Management

Use 2% of your total capital per trade.

Adjust leverage based on your risk tolerance (e.g., 3x–5x for safer trades).

Set limit orders rather than market orders to avoid slippage.

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4. Confirm With Indicators

Wait for MACD bullish crossover for long entry confirmation.

If RSI crosses 70, expect a possible pullback.

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5. Bonus Tip (Automation/Bot):

You can use a bot with the following parameters:

Trigger: Candle close above $581 (for long) or below $578.20 (for short)

TP/SL Ratio: 2:1

Indicators: RSI > 60 (bullish), MACD crossover (confirm)

Use trailing stop to lock profits as price rises

$BTC
short trade

1. Sharp Drop Then Slight Recovery

There was a sharp red candle down to $80,634.26, followed by a green candle, suggesting a short-term bounce or potential reversal.

Price is currently $80,995.95, slightly up from the recent low.

2. RSI (Relative Strength Index) at 32.03

RSI near 30 typically indicates that BTC is oversold on the 15-minute timeframe — a potential buy signal for short-term traders.

3. MACD Still Bearish

The MACD (Moving Average Convergence Divergence) lines are deep in negative territory (MACD: -86.93, DIF: -189.42, DEA: -102.49), which means bearish momentum is still strong, even though there's a slight recovery.

4. Volume & Sentiment

The Order Book sentiment shows 52.68% buyers vs. 47.32% sellers, slightly bullish.

#TariffsPause
#Trumptarifs
#MarketRebound

Following recent development in international trade policies, particularly the tariffs imposed by President Donald Trump, have significantly impacted global financial markets, including the cryptocurrency sector. The introduction of a 104% tariff on Chinese imports led to a substantial downturn in U.S. stock markets, with the Dow Jones Industrial Average plunging over 2,200 points and the S&P 500 falling by 6% .

In the cryptocurrency market, $BTC initially showed resilience, rising 0.9% to approximately $83,961, prompting discussions about its potential as a safe-haven asset amid traditional market volatility . However, this uptick was short-lived. The overall crypto market experienced a sharp decline, with a $300 billion loss in market capitalization following the implementation of the tariffs. $BTC price dropped to a three-week low of $92,584, and other major cryptocurrencies like Ethereum and XRP also saw significant losses .

The volatility in the crypto market has raised concerns about potential pump-and-dump schemes. These fraudulent activities involve artificially inflating the price of an asset to attract investors, only for the perpetrators to sell off their holdings at the peak, leaving other investors with devalued assets. While specific instances directly linked to the recent tariffs have not been reported, the heightened market instability creates an environment where such schemes could proliferate.

Regulatory bodies have been actively addressing fraudulent practices in the cryptocurrency space. For instance, the Commodity Futures Trading Commission (CFTC) has taken action against individuals involved in pump-and-dump schemes, emphasizing the need for vigilance among investors .

#MarketRebound
#TrumpTariffs
#TarrifsPause
$BTC
$BNB
$SOL

Some combined factors have created a favorable environment for the recent surge in cryptocurrency tokens internationally.

• U.S. Tariff Suspension: On April 9, 2025, President Donald Trump announced a 90-day pause on "reciprocal" tariffs, setting a base tariff of 10% on most countries. This decision led to a rally in risk assets, with Bitcoin's price rising from below $77,000 to approximately $83,000.

• Institutional Investment Inflows: There has been a significant increase in institutional investments in cryptocurrencies. For instance, U.S. spot Bitcoin exchange-traded funds (ETFs) recorded their largest daily net inflow of $1.38 billion, driven by positive sentiments and supportive regulations. BlackRock's IBIT led with over $1.1 billion in net inflows.

• Anticipation of Regulatory Approvals: Speculation regarding the potential approval of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) has heightened investor interest. The possibility of such approvals is seen as a gateway for substantial new institutional demand.

• Positive Market Sentiment: The overall market sentiment has shifted towards "greed," as indicated by the Fear and Greed Index. This reflects increased buying activity driven by the fear of missing out (FOMO), contributing to the upward trend in crypto prices.

#TrumpTariffs
As today Donald Trump imposed a 104% tariff on Chinese imports in response to China's earlier 34% tariff on U.S. goods. China retaliated with an 84% tariff and launched a digital propaganda campaign targeting the U.S. The move has caused market volatility, with some sectors dropping and the Dow Jones rising sharply due to hopes of negotiation. The EU is pushing for talks but may also impose tariffs. The global trade situation remains tense and unpredictable. 😟 #Tariffs #TradeWar #Politics #Economy #Global #China #USA #Markets #Uncertainty

$BNB $ETH
$BTC

Recommended Strategy: "Bounce & Breakout" Play
A. Scalping Setup
• Target: BNB, BTC, or ETH (high liquidity coins).
• Buy Zone: Wait for a support retest – if BNB retests around $535–$545, it's a potential short-term entry.
• Sell Target: $570–$580 (previous resistance).
• Stop Loss: $525 or 2–3% below entry.
• Timeframe: 15min–1hr chart for entries, with 1–2 hour exits.
B. Breakout Watch
• Watch BTC/BNB correlation. If BTC crosses $78,000, altcoins may rally.
• Buy on breakout candles with volume confirmation above resistance levels.

Use Technical Indicators
• RSI: Buy when RSI < 30 on 1hr/4hr charts.
• MACD Crossover: Look for bullish cross on shorter timeframes.
• Fibonacci Retracement: Useful for identifying reversal zones.

Risk Management
• Only risk 1–2% of your portfolio per trade.
• Set clear TP (Take Profit) and SL (Stop Loss).
• Never trade without a stop—volatility can wipe out small accounts fast.

Automation Option (If Using Bots)
• Use a trailing stop strategy or DCA bot for BNB.
• Parameter example:
• Entry: $545
• TP: $575
• SL: $525
• Trailing stop: 1.5%
• Max trades: 3/day

#TrumpTariffs
$BTC
$BNB

#strategy short_term

Given the recent crash and global market volatility triggered by Trump’s tariffs, here's a short-term trading strategy to consider—especially if you're trading with limited capital and looking for a balance between risk and reward:
1. Assess the Market Sentiment (Short-Term Bearish)
• BNB and broader crypto markets are showing bearish signs due to macroeconomic uncertainty.
• Volatility is high: good for short-term trades, risky for long-term holds unless you're averaging in.

2. Recommended Strategy: "Bounce & Breakout" Play
A. Scalping Setup
• Target: BNB, BTC, or ETH (high liquidity coins).
• Buy Zone: Wait for a support retest – if BNB retests around $535–$545, it's a potential short-term entry.
• Sell Target: $570–$580 (previous resistance).
• Stop Loss: $525 or 2–3% below entry.
• Timeframe: 15min–1hr chart for entries, with 1–2 hour exits.
B. Breakout Watch
• Watch BTC/BNB correlation. If BTC crosses $78,000, altcoins may rally.
• Buy on breakout candles with volume confirmation above resistance levels.

3. Use Technical Indicators
• RSI: Buy when RSI < 30 on 1hr/4hr charts.
• MACD Crossover: Look for bullish cross on shorter timeframes.
• Fibonacci Retracement: Useful for identifying reversal zones.

4. Risk Management
• Only risk 1–2% of your portfolio per trade.
• Set clear TP (Take Profit) and SL (Stop Loss).
• Never trade without a stop—volatility can wipe out small accounts fast.

5. Automation Option (If Using Bots)
• Use a trailing stop strategy or DCA bot for BNB.
• Parameter example:
• Entry: $545
• TP: $575
• SL: $525
• Trailing stop: 1.5%
• Max trades: 3/day

$BTC
Short-Term Prediction (Next Few Hours) following Tariff trade war

Bullish Scenario: If BTC breaks above $78,616 with strong volume, it could target $80,000 - $80,375 range.

Bearish Scenario: If rejected at resistance, it may retest $76,500 or even $75,650 before attempting another move up.