Bitcoin Peaks at $97K Amid Anticipated US-China High-Level Trade Discussions
Bitcoin value hit an intraday five-day peak of $97,650 in early trading in Asia on Wednesday, May 7, marking a nearly $4,000 increase in just 12 hours. However, it could not maintain this level and fell back to $96,500.
Despite this, Bitcoin's performance was positive, increasing by 2.3% on the day, even amidst the Federal Reserve's interest rate decision. This surge is believed to be influenced by the impending high-level trade talks between the US and China in Switzerland. Meanwhile, the crypto markets have also seen a boost due to a weakening US dollar. Despite Bitcoin's gains, the crypto market cap has remained steady at $3.08 trillion.
Other cryptocurrencies like Ethereum, Cardano, Chainlink, Bitcoin Cash, and Litecoin have also seen minor increases.
🚨🔥 LAYER After the Dip – What’s Next? 📉📈 Full Breakdown & Game Plan 🚀🧠💥
⚠️ LAYER After the Dip – What’s Next? Full Breakdown & Game Plan 🔍
$LAYER just faced a sharp retracement after a major rally — but is this the end of the run, or just a cooldown before the next move up? Let’s dive into the key zones, levels, and possible scenarios you should watch:
Current Price Zone: $1.8161 🔄
We’re sitting in a crucial zone right now — caught between strong resistance and major support. The next few candles will be critical for determining direction.
Support Zones to Watch:
🔻 $1.5104 – Immediate support and the top of the old consolidation range. Holding above here = bullish hopes alive.
🔻 $1.2175 – Mid-zone support. If price slips here, we could test deeper.
🔻 $1.0515 – Strong structural support. A break below = risk of longer-term downtrend.
Resistance Ahead:
🚧 $1.9048 – Immediate resistance. Break above could fuel another push.
🚧 $2.2835 – Major hurdle. Need solid volume to flip this zone.
🚧 $2.7987 – $3.3710 – Recent high zone. Bulls need major power to reclaim this!
What’s the Next Move?
✅ Bullish Scenario:
If $LAYER defends the $1.5104 zone and flips $1.9048 resistance on strong volume, we could see a bullish climb to: ➡️ $2.2835,
➡️ then $2.7987,
➡️ and possibly revisit the high at $3.3710.
❌ Bearish Scenario:
Failure to hold $1.5104 may drag price toward: ⬇️ $1.2175,
⬇️ then possibly $1.0515 – a critical make-or-break zone.
🔸 LAYER had a strong pump, meaning momentum is still there — but cooling off is natural.
🔸 Volume will confirm the real move — breakout or breakdown.
🔸 Global market sentiment will also play a role in LAYER’s next chapter.
$LAYER
{future}(LAYERUSDT)
#cryptouniverseofficial #BitcoinReserveDeadline #MEMEAct
Can bulls break Ethereum's barrier?
Ethereum touched $1,750 in a negative drop. ETH is soaring and trying to break $1,850.
Ethereum began a new comeback over $1,800.
The price is over $1,800 and the 100-hour SMA.
The hourly ETH/USD chart broke above a negative trend line with resistance at $1,820.
The pair may rise if it breaks $1,850 resistance.
Ethereum Price Rises
Like Bitcoin, Ethereum fell from $1,880. ETH fell below $1,850 and $1,800. The price finally found support at $1,750.
Price rose after a low of $1,752. Above $1,800 and $1,810 barrier levels. The price rose above the 50% Fib retracement of the $1,872 swing high to $1,752 low decline.
In addition, ETH/USD broke above a negative trend line with resistance around $1,820 on the hourly chart. Ethereum is over $1,800 and the 100-hour SMA.
The upswing looks to be confronting difficulties between $1,840 and the 76.4% Fib retracement level of the bearish move from the $1,872 swing high to the $1,752 low. Around $1,850 is the next major resistance. Near $1,880 is the first substantial resistance.
A clean break over $1,880 might push the price above $1,920. Above $1,920 barrier might lead to greater advances in the following sessions. Ether may reach to $2,000 or $2,050 soon.
Another ETH drop?
Ethereum may fall again if it fails to break $1,850. At $1,820, downward support begins. First significant support is around $1,810.
A decisive break below $1,810 might bring the price into $1,780. More losses might push the price beyond $1,750. Next important support is $1,665.
Tech Indicators
Hourly ETH/USD MACD is rising in the positive zone.
Hourly ETH/USD RSI is over 50.
Major Support: $1,810
Major Resistance: $1,850
#ETH #Ethereum $ETH
$ETH Charging Ahead!
{spot}(ETHUSDT)
Ethereum is flexing strength — currently trading at $1,827.92, up 0.60% on the day!
Buy pressure is stacking at $1,827.92, with resistance zones approaching $1,870.00.
Key levels to watch:
Support: $1,810 | $1,797 | $1,770
Resistance: $1,840 | $1,850 | $1,920
Is ETH warming up for a breakout or just stretching before the sprint?
#Ethereum #ETH #CryptoMarket #Binance #AltcoinSeason
$BTC The S&P 500 is currently consolidating within a rising wedge pattern, a technical formation that can signal either continuation or reversal depending on the breakout direction. The index is rebounding from the wedge’s support trendline, with the Ichimoku Cloud providing additional support, suggesting underlying bullish momentum. However, the pattern’s resolution remains uncertain, and traders should monitor for a breakout above the upper resistance or a breakdown below the support trendline to confirm the next move.
As of May 6, 2025, the S&P 500 (SPY) is priced at $563.51, down slightly from the previous day’s close of $566.76. The day’s trading range shows a low of $561.846 and a high of $566.596, indicating contained volatility. Over the past month, the index has risen from $554.54, with a year-to-date high of $613.23 and a low of $481.80, reflecting strong long-term bullishness despite short-term consolidation.
The correlation between the S&P 500 and cryptocurrency markets, particularly Bitcoin, is notable. Strategy’s recent purchase of 1,895 BTC at $95,167 per Bitcoin, bringing their total holdings to 555,450 BTC, underscores institutional confidence in crypto, which often moves in tandem with risk-on assets like the S&P 500. A breakout in the S&P 500 could bolster bullish sentiment in crypto, while a breakdown might pressure speculative assets.
Additionally, the upcoming Space and Time ($SXT) launch on Binance Launchpool, starting May 6, 2025, and listing on May 8, highlights growing interest in decentralized data platforms, which could benefit from broader market optimism driven by a strong S&P 500. Keep an eye on volume and price action around the wedge’s boundaries, as well as macroeconomic indicators like interest rates or inflation data, which could influence both equity and crypto markets.
🔥 Meme Coin Showdown: The Race to $1 Is ON! 🚀💰
Let’s go, Crypto Fam! The meme coin game is leveling up – and here’s my ultimate prediction based on deep market analysis, momentum tracking, and expert opinions:
1️⃣ PEPE– Target 🎯 $1 by November 2025
2️⃣ $FLOKI – Target 🎯 $1 by July/August 2026
3️⃣ BONK– Target 🎯 $1 by End of 2026
These aren’t just “funny tokens” anymore…
They are hyper-growth assets with massive communities, market power, and evolving utility!
Why I’m Ultra Bullish 🔥
🐸 $PEPE: A market disruptor with insane pump history, viral energy, and whale backing.
🐶 $FLOKI: The people’s token – backed by real utility (DeFi, NFTs, Floki Uni), global marketing, and serious ecosystem growth.
🐾 $BONK: Solana's top meme beast – strong dev activity, utility roadmap, and Solana momentum!
Must-Know Meme Coin Facts 🧠
✅ Meme coins lead social trends and go viral faster than traditional tokens.
✅ Community-driven FOMO = massive upside potential during bull runs.
✅ Listed on top-tier exchanges: Binance, KuCoin, OKX = serious liquidity!
✅ Even institutions & big-name influencers are watching meme coins now!
What Should You Do? 🧐
Buy Low, HODL Strong!
If it fits your risk profile, this is your golden window. Enter early, stay calm, and ride the wave.
Only invest what you can afford to lose – but remember, early believers = future millionaires.
$PEPE
{spot}(PEPEUSDT)
$BONK
{spot}(BONKUSDT)
🚀 XRP to $10 in 2025? This Chart Might Be the Clue You’re Looking For! 📈🔥
XRP is heating up again — and the latest chart shows why bulls might be gearing up for a massive move! With ETF rumors swirling and institutional eyes back on Ripple, the question on everyone’s mind is: Can XRP really hit $10 in 2025?
Let’s break it down:
1. Price Action Looking Strong 💪
As seen in the 1-hour chart, XRP bounced sharply from a low of $2.0777 to a high of $2.1716 — showing strong buyer interest near support zones. The current price is stabilizing above the 25-period MA, signaling short-term bullish momentum.
2. Volume Spikes Are No Joke 📊
Volume surged during the breakout, with over 348,000 XRP traded — that’s a classic sign of whales loading up. When volume rises with price, momentum is real.
3. Bullish Sentiment in Long-Term Metrics 🔍
30 Days: +10.08%
180 Days: +285.48%
1 Year: +292.68%
This steady climb hints that XRP isn’t just riding hype — it's building real strength beneath the surface.
4. ETF Buzz = Fuel for the Fire 🔥
Talks about a potential XRP ETF have reignited dreams of a $10 price target. If approved, this could bring a tsunami of institutional liquidity — just like it did with Bitcoin.
5. But… Watch the Resistance! ⚠️
The chart shows MA(99) at $2.1615 acting as a short-term ceiling. XRP must break and close above this level with volume to continue the climb.
So… Can XRP Really Hit $10 in 2025?
With over 50M XRP users, growing regulatory clarity, and potential ETF news — YES, it’s possible. But it’ll need strong fundamentals, sustained adoption, and global market momentum.
Final Take:
The rocket is warming up. The chart says it’s not a matter of if, but when. Buckle up.
$XRP
{spot}(XRPUSDT)
$BNB
{spot}(BNBUSDT)
$SOL
{spot}(SOLUSDT)
Upcoming Bitcoin Core Upgrade to Eliminate OP_RETURN Limit
The next software release by Bitcoin Core developers will remove the 80-byte restriction on OP_RETURN transaction outputs, a decision that has sparked controversy within the crypto community. The announcement was made on May 5 by Bitcoin developer Gregory Sanders, who explained that the 80-byte limit, originally intended to ensure block space was used sparingly, has outlived its usefulness.
Critics have voiced concerns over the decision-making process and potential shifts in Bitcoin's direction. Despite this, Sanders maintains that removing the limit aligns with Bitcoin's ethos of minimal and transparent rules, and will not weaken Bitcoin's security.
The change is expected to improve network consistency and UTXO set clarity, although it is met with differing opinions in the community.
🚨 Binance P2P Scam Alert: Protect Yourself from Fraud! 🚨
Heads up, Binance traders! A new scam is making the rounds, and it's targeting unsuspecting users. Here's how it works:
1. The scammer places a buy order and sends a payment that looks legit.
2. Trusting the payment, you release your crypto.
3. The scammer then reverses the payment through their bank, leaving you without your funds AND your crypto.
Don’t fall for it – here's how to safeguard yourself:
🔵 Only trade with verified users (Look for the blue badge next to their profile).
💳 Double-check payments in your banking app, not just relying on SMS or email notifications.
💰 Be cautious of unusually high offers – If it sounds too good to be true, it probably is.
💬 Keep all communication within the Binance P2P chat for accountability.
🚨 If anything feels off, use the "Appeal" function immediately. Don’t release your crypto until you're 100% sure everything’s legit.
Stay smart, stay safe, and help protect others by sharing this warning!
#cryptouniverseofficial #BitcoinReserveDeadline #MEMEAct $BTC
{spot}(BTCUSDT)
$ETH
{future}(ETHUSDT)
$BNB
{future}(BNBUSDT)
#tradestories 📊 My Successful $SOL Swing Trade on Binance
Recently, I spotted a great opportunity in the $SOL market. After a dip to $128, I entered a long position at $130, targeting a breakout above key resistance.
With a tight stop-loss at $124, I kept my risk controlled while aiming for a 12% gain. In just 3 days, the price hit my take-profit level at $146!
🧠 Strategy Used:
Support/Resistance levels + RSI divergence + strict risk management.
💡 Lesson Learned:
Discipline and sticking to your trading plan beats emotions every time. Never chase, always prepare.
#TradeStories #AltcoinTrade #CryptoStrategy #BinanceWins #CryptoLessons #SOLTrade#TradeOfTheWeek