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be prepare for next red week. $BTC $ETH $SOL upcoming week will be red more.

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SEC Officially Withdraws Lawsuit Against Binance and CZ The SEC has officially withdrawn its lawsuit against Binance and CZ, concluding the final legal actions by the SEC targeting cryptocurrency. The U.S. Securities and Exchange Commission (SEC) has officially withdrawn its lawsuit against Binance and founder Changpeng Zhao (CZ), concluding one of the last legal actions initiated by the agency related to cryptocurrency. This withdrawal pertains to the civil lawsuit filed by the SEC in June 2023, targeting Binance Holdings, BAM Trading Services, BAM Management US Holdings, and individual Changpeng Zhao. In a filing to the District Court of Columbia on May 29, the SEC stated: “Based on relevant factors, along with its authority and policies, the SEC finds that it is entirely appropriate to dismiss this lawsuit.” Earlier, in February 2025, the SEC and Binance hinted at the possibility of ending the lawsuit when both parties filed a joint request for the judge to postpone the case. A similar move was made in April. In the filing on May 29, the parties emphasized that the establishment of the SEC’s Cryptocurrency Task Force could play a crucial role in facilitating and expediting the resolution of the case.$BTC $ETH $SOL

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ETH - Long Anyway, Short-term and Long-term! 📈$ETH has been overall bullish trading within the rising blue channel from a long-term perspective and within the rising red channel from a short-term perspective. Moreover, the red and blue zones are strong support and structure! 🏹 Thus, the highlighted blue and red circles are strong areas to look for buy setups as it is the intersection of the lower zone(s) and trendline(s). 📚 As per my trading style: As #ETH approaches one of the circles, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. $BTC $SOL

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Memecoin caution

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🚨🚨 XRP Price Suffers Downtrend as Overvaluation Delays Recovery To $2.50 ‼️Read Below ‼️ XRP price faces pressure as overvaluation delays recovery; NVT Ratio signals potential price correction ahead. Long-term holders actively accumulate, providing crucial support amid a two-week downtrend near $2.27. 💡 Quick Take: XRP is currently trading at $2.30, reflecting a two-week downtrend. It is holding just above a key support level at $2.27. Securing this support is vital for the altcoin to prevent further declines and maintain a foothold for potential gains. If bullish factors continue to strengthen, XRP could bounce off the $2.27 support level. Breaking through the downtrend could enable XRP to flip $2.38 into new support, paving the way for a rise toward $2.56. This recovery would signal renewed investor confidence. Conversely, if XRP loses support at $2.27, the price may drop further to $2.12. Such a decline would invalidate the bullish outlook and extend the ongoing downtrend, leading to increased losses for investors and sustained bearish pressure. $XRP $BTC $ETH

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Elon Musk's anticipated broadcast on making life multiplanetary, originally scheduled for 1 p.m. EDT on Tuesday, May 27, 2025, has been postponed until after the launch of SpaceX's Starship Flight 9. This delay comes as SpaceX prepares for the ninth test flight of its Starship system, a crucial step in Musk's vision of Mars colonization. 🚀 Starship Flight 9 Launch Details Launch Time: 7:30 p.m. EDT on Tuesday, May 27, 2025 Location: Starbase, Texas Rocket Configuration: Super Heavy Booster 14-2 and Starship Ship 35 Mission Objectives: To achieve the goals set for the previous two test flights, which were unsuccessful. The booster will be the first to re-fly and will splash down in the Gulf of Mexico instead of attempting a catch. 📡 Rescheduled Mars Update Musk's update on SpaceX's Mars mission plans, which was to be delivered to thousands of employees, will now take place on Wednesday, May 28, 2025, in the morning. The address is expected to highlight advancements in the company's efforts to "make life multiplanetary," with a focus on Mars colonization. 🔭 Looking Ahead The delay underscores the significance of the upcoming Starship test flight in advancing SpaceX's long-term goals. Musk has previously indicated that uncrewed Starship missions to Mars could commence as early as November 2026, when Earth and Mars are optimally aligned. For live updates and to watch the rescheduled broadcast, please refer to SpaceX's official channels. $BTC $OP $SOPH

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