🚨 $XRP plunged to $2.6848, the lowest since Sept. 1, triggering $74M in bullish liquidations - the highest since July 23. Total crypto market liquidations in 24 hours surged 842% to $1.7B as leveraged positions got wiped out.
📊 Technical Picture • A hammer candlestick has formed - a classic bullish reversal signal. • XRP remains inside a descending channel from July, forming a “bullish flag.” • Near-term target: $3.66 (+27%). A break below the channel support would invalidate the bullish case.
☝️Total crypto liquidations surged 842% - basically like everyone running to the bank at once. The flash crash hurt, but institutional appetite for ETFs and bullish technical setups hint at a possible rebound. Stay calm and follow the money. 😉
🚨 ETH Crashes Below $4,200! $495M Liquidated in 24h 🧨
$ETH 🟣 dropped to $4,173, down 6.8% in 24h, as trading volume surged 📈 and liquidations accelerated ⚡. Market shows early signs of fear 😨 while short-term technicals weaken.
💡 Summary: $ETH faces short-term bearish pressure due to whale selling & liquidations, but structural catalysts remain. Watch $4,160–$4,150 for potential accumulation before rebound 🔄
Chainlink ( $LINK ) is up 82.5% this quarter, now at $24.5 - its best streak since Q1 2021. A monthly close above $25.3 could confirm a massive 45-month cup-and-handle pattern 📈
💡 Why It Matters: • Chart setup points to long-term targets of $100–125 🔮 • Trader calls $47 & $88 as next stops 🚦 • Exchange reserves hit lowest since 2022 = less sell pressure 💎 • Chainlink dominates oracles (83% $ETH TVS, $93B secured) & drives RWA tokenization with UBS + DigiFT 🏦
🔥 Takeaway: With institutional adoption & oracle dominance, $100 LINK looks less like a dream and more like the next big milestone. 🚀
Binance is reportedly negotiating with the US Justice Department to drop the three-year corporate monitor from its $4.3B settlement over money laundering. If successful, it’s a huge step toward normalizing crypto operations in the U.S. 💼
📊 Why It Matters: No free ride - FinCEN oversight remains. But ending the DOJ monitor cuts costs, reduces red tape, and lets Binance expand U.S. operations more boldly. 🏛️🚀
In short: Binance is flexing regulatory muscles - showing big exchanges can stay compliant without losing their swagger. 😎