Trading volume on decentralized exchanges surged in May! 🔥 | WA7CRYPTO på Binance Square

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Trading volume on decentralized exchanges surged in May! 🔥
The total reached $474 billion — the second-highest in decentralized exchange history 🚀
The $BNB network led the way with $178 billion thanks to the #Binance alpha airdrop and crazy trading campaigns.

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622,52

-1.87%

663

0

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Analysis: Reaching the 5.24 area, then a decline in the event of a confirmed failure to penetrate to, then a correction to the 5.30 area, but the index is confirmed to decline

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The USDT.D indicator shows a possible reversal with the Gann trend, which in turn means an upcoming break with the opening of the US markets. Prepare for the rise of Altcoin and BTC.

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BTC on frame 1m shows failure and still no upward breakout target 100450 no downward breakout

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BTC touches support at the 98200 area and then rebounds to a strong rebound area. The market may return with the opening of the US markets. The best buying areas currently are 99200 and below. Therefore, my advice to you is that this market will return strongly. Do not delay.

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📊 Financial markets are about to open. Next week will be important in terms of economic data. Here are the highlights: • On Monday, markets will await the US response to the strikes on Iran, and the US services and manufacturing PMIs will be released in the afternoon. • On Tuesday, the US CB Consumer Confidence Index and Federal Reserve Chairman Jerome Powell's testimony will be released in the afternoon. • On Wednesday, markets will also await Federal Reserve Chairman Jerome Powell's testimony and the US new home sales data. • On Thursday, the US GDP data will be released in the afternoon, and it will have a significant impact on market movement. • On Friday, the US Personal Consumption Expenditures Price Index, one of the Federal Reserve's preferred inflation indicators, will be released in the afternoon. This data will have a strong impact on market movement. ⚠️ Although this week has many economic events that have a strong impact on market activity, the current word driving market activity is the political and military developments in the Middle East. Therefore, please be patient when making trades, study the situation, and avoid taking risks. Good luck to all.

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