✨ Sonic Summit 2025 will take place on September 29–30 in Singapore. ✨ Ronin treasury is launching a $4.6M $RON buyback program starting September 29. 💵 On September 30, FTX Recovery Trust is expected to distribute $1.6 billion to creditors in its third major payout. ✨ On October 1, 1inch ( $1INCH ) will launch its Forward product (announcement). 🇪🇺 October 1, 12:00 UTC Eurozone annual inflation (CPI) release. 🇺🇸 October 1, 15:30 UTC U.S. Initial Jobless Claims announced. 🇹🇷 October 3, 10:00 TRT Turkey’s annual CPI expected to be released. 🇺🇸 October 3, 15:30 UTC U.S. Nonfarm Payrolls data. 🇺🇸 October 3, 15:30 UTC U.S. Unemployment Rate announced.
🔷️ #THE ( @ThenaFi_ ) showed a strong rally recently, but when it reached the resistance level, it was rejected due to the drop in #BTC and the overall #crypto market, pulling back to the support zone. 📉
🔎 On the weekly timeframe, the cup formation pattern is still intact. If this pattern plays out, the resistance zones to watch according to Fibonacci levels are marked by the yellow lines.
🔷️ On the daily timeframe, #ETH bounced nicely from the ascending triangle’s support line and continues to hold above it. As long as this support remains valid, the next resistance area to watch is marked by the purple line.
🔷️ As we discussed earlier, #BTC failed to break above the strong resistance level marked by the blue line, which triggered a sharp pullback. The blue line represents a critical resistance zone, while the green lines highlight the key support levels to watch.
🔷️ #ETH on the weekly timeframe was showing a rising wedge formation. It has recently broken above that wedge and is now doing a re-test of the breakout level. ✅ If it holds here, the next resistance areas are indicated by the yellow line.
🔥 #THE ( @ThenaFi_ ) surged +61.69% in the last 24 hours, securing the 2nd spot on Binance’s top gainers list 🚀 Still holding strong as we discussed before.
🔷️ On the weekly timeframe, #ETH continues to display a rising wedge formation. Recently, it retested the upper trendline of the wedge, while the yellow line remains a key resistance level. ➕ If $ETH manages to hold above this zone, the purple line could act as the next potential resistance.
🔷️ On the daily timeframe, #Bitcoin failed to hold above the resistance marked by the blue line. If it cannot break this level, the support lies at the green line. However, if it sustains above the blue line, the next resistance target will be the yellow line.
🔷️ On July 3rd, when #BNB was at $659, we discussed the outlook, and as anticipated, the price moved accordingly. All the resistance levels we had identified at that time have now been reached ✅ This once again highlights the importance of patience and discipline in technical analysis.