#BTC☀️ is fluctuating between recent highs and lows. Daily 200MA/EMA is forming strong support, keeping the price within this range. Bulls want to retake 66.5K+ and hit $70K. If it falls below 60K, the short-term trend may start to turn. 📉💰
The meme coin super sell-off cycle is coming. The current dilution is too severe and the liquidity is insufficient. Even existing holders cannot exit safely, otherwise all charts will be smashed. 📉
#BTC☀ is fluctuating between recent highs and lows. Daily 200MA/EMA is forming strong support, keeping the price within this range. Bulls want to retake 66.5K+ and hit $70K. If it falls below 60K, the short-term trend may start to turn. 📉💰
New users can receive 25 $SCR after registering and completing transactions. New users can receive 8 more $SCR for each valid user they attract. Benefits are limited and first come first served! 🔥
Both alliance users and regular users can participate in this event. Sign up now and don’t miss the opportunity! 👇
3 Major US Economic Events That Could Impact Crypto Markets This Week
🟡Consumer Price Index (CPI) The highlight of this week’s US economic data will be the Consumer Price Index (CPI) data for September, released by the US Bureau of Labor Statistics (BLS) on Thursday, October 10.
Economists expect headline inflation to rise by 0.1% in September. If the data released on Thursday is better than expected, it would indicate that inflation could pick up again in the coming months. This could limit how quickly the Federal Reserve can further reduce its policy rate and, more importantly, reduce the likelihood of further gains for Bitcoin.
🟡Producer Price Index (PPI) The US Bureau of Labor Statistics will also release the core Producer Price Index (PPI) for September this week. This data determines price increases at the producer level. Its impact on financial markets comes from the fact that it measures inflation at the wholesale level.
A rise in PPI indicates rising production costs, which could lead to higher costs for energy and hardware required to mine and process cryptocurrencies. Therefore, a rise in the core PPI on Friday could have a negative impact on Bitcoin and cryptocurrencies.
🟡Q3 Earnings As an additional surprise to US economic data, the Q3 corporate earnings season will begin this week. Large financial companies like JPMorgan Chase (JPM), Wells Fargo (WFC), and BlackRock (BLK) are set to report earnings on Friday, which could also move the market.
Looking at this trend, is there anything more amazing than this? $BBONK has made a perfect breakthrough, so cool! Full of momentum, all the leeks are underfoot, the standard is directly raised to the maximum 👿🔥LFG
Start your MEME journey easily, with a release threshold of only $2,000 💰 Four.Meme allows creators to enter the MEME field at a lower cost, and only $2,000 is needed to start their own projects. Low thresholds bring more opportunities and make returns come faster! ⚡️
LP and seeding fee dividends - achieve long-term benefits 🚀 - LP dividends: Not just a one-time benefit, through LP dividends, your MEME creativity will continue to generate income for you, so that each project has the potential to become a long-term income 📈. - Seeding fee dividends: With the help of an innovative seeding fee mechanism, successfully funded projects not only obtain growth funds, but creators and early supporters can also share the benefits through dividends 💸.
In the past few days, I found that many of my friends seemed to be busy. Some were busy buying local stocks, some were busy taking advantage of airdrops, and some were busy chasing high prices...
Moreover, with CZ's release from prison, the market seemed to have some new possibilities in the volatility, so I found that many people started to shout that bulls were coming, and even some Chinese KOLs were working hard to shout orders for everyone to buy certain local stocks!
The interest rate cut is over! What is the impact on the cryptocurrency market? 😼
Looking back at the previous cryptocurrency bull market, overall economic factors such as interest rate cuts are also an indispensable driving force for the rise in currency prices. Coupled with events such as the Bitcoin halving this year, the cryptocurrency market still has a lot of room for growth in the long run.
However‼ ️
Still need to pay attention to news that will affect the market in various aspects such as war and politics to avoid encountering black swan events 💔
Solana has become [Zootopia]😅😅 Hippopotamus $MOODENG’s market value exceeds $100 million Giant emperor penguin $PESTO on Solana has risen more than 8 times since its launch on September 18 The rescue of baby elephants $TOTO, which Musk commented on, has begun to be intensively called Georgie, a popular monkey on Tiktok
$SOL Price Prediction 💥💥Bulls May Push Price Above $160
As of now, SOL’s Relative Strength Index (RSI), which measures its overbought and oversold market conditions, is in an uptrend. This indicates that there is more buying pressure than selling activity among SOL market participants.
Moreover, the position of the dots of SOL’s Parabolic Stop and Reverse (SAR) indicator confirms the bullish bias for the altcoin. This indicator tracks the trend direction and identifies potential reversal points, which are now located below the SOL price. When the dots are at this position, it indicates a strong bullish trend.
Given the current market sentiment, Solana’s price is expected to maintain an uptrend. If the buying pressure remains strong, the altcoin may break through the critical resistance level of $159.96. A successful break above this level will pave the way for SOL to reach its target of $186.40.
However, if the selling pressure intensifies and prevents the breakout, SOL’s price may reverse. In such a case, the coin might retrace to the $131.32 support level.
Hamster airdrop, 28u has been clicking for half a year, the most important thing is lock-up Only 20% airdrop is given for the first time, and the rest is given in several times. Hamster is more infamous than $CATI Traffic Sunshine Play is over.
What are the factors driving Bitcoin's recent rise?
1. The Fed cut interest rates, opening the curtain for Bitcoin's rise
2. Gold surged
3. Ethereum rebounded, driving market sentiment back to a good level
4. Harris publicly announced his support for the crypto industry for the first time
If $BTC closes above the $65,000 resistance level, the bull market will return
Although Bitcoin is still a long way from $65,000, it is entirely possible to break through within a day. Perhaps only then can we determine whether the bull market has really returned.
Why didn't the cryptocurrency market usher in a big bull market after the US interest rate cut?
It doesn't mean that there will be new liquidity in the cryptocurrency market once the interest rate cut is implemented. It's not that simple.
Personally, to be honest, I don't care much about such short-term market changes, because in the long run, such short-term changes are not important. In addition, this round of interest rate cut cycle is fundamentally different from the interest rate cut in 2020. We are unlikely to see a replay of the script that directly triggered a large-scale bull market.
Since we are fortunate enough to enter this field, we should take a long-term view, hold on to the Bitcoin in your hand, and continue to be patient. We will remain optimistic about the crypto market in 2025. You can even be like us and don't care about the current price of Bitcoin. What you should care about is how much Bitcoin you have now and whether you can continue to increase the Bitcoin in your hand.
Although the name has changed, the token has not changed and the supply remains unchanged
🗓️Voting time: September 21, 2024 10 pm (UTC+8) to September 23, 2024 10 pm (UTC+8)
📆Snapshot time: September 21, 2024 10 pm (UTC+8)
BinaryX 华语
--
Bullish
🚨 Attention BNX holders! 🚨
BinaryX is about to undergo a major rebranding, changing its name to "Four"! 🚀This strategic move represents a fresh start and a commitment to leading the Web3, #GameFi , and #Meme ecosystems on @BNB_Chain .
“Four” symbolizes endless possibilities, ushering in our newest incubation platform Four.meme, and preparing us for greater growth and innovation. @Four-meme 华语
What does this mean for you? - New name, same token, unchanged total supply - Grow the community - Improve brand awareness
🗳️Voting period: 21 September 2024 22:00 - 23 September 2024 22:00 (UTC+8) 📅Snapshot: 21 September 2024 22:00 (UTC+8) 🔗More details: bit.ly/3ZxvrXL
Join us on this exciting journey and help shape the future of BinaryX! Your vote counts.
$AAVE AAVE has seen a 23% increase in price over the past 30 days, making it one of the best performing altcoins of the past month.
On the daily chart, the coin has formed an ascending triangle, which is a bullish chart pattern. Currently, AAVE is priced at $136.
$JUP Next on the list of altcoins is Jupiter, the token for an exchange aggregator built on the Solana blockchain. Unlike Aave, JUP’s price has lost some of its value as it trades at $0.71.
$SUI Sui has been one of the biggest gainers among the top 100 altcoins over the past 30 days, with a 42.80% increase in price.
$ZRO ZRO has seen a 16% increase in price over the past 30 days. Historically, the $3.87 level has been a major support area for the coin. If the rate cut comes as expected, ZRO could bounce back from this point. If that happens, the price could climb to $4.20. However, if the coin breaks below the support, a bearish outlook could emerge. In this case, ZRO could drop to $3.69.
$FTM The price of FTM has increased by nearly 50% in the past 30 days, which could be related to Fantom’s almost completed Sonic upgrade.