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💸 BUGSCOIN @bugscoin Presents : Demo Trading Competition on ANTTALK
- Start Time: 09:00 (UTC)
- Total Prize Pool : $360,000
- Eligibility : Open to everyone
💬 Competition Details
- Objective : Mine BGSC and win prizes through demo trading.
- BGSC Listings : Available on Bitget and Gate.
- Total Rounds : 12 rounds, starting monthly.
- Pool : $360,000 distributed across all rounds.
🗓 Round Dates:
1st Round : 06/02 ~ 06/30
2nd Round : 07/01 ~ 07/30
3rd Round : 08/01 ~ 08/30
... up to Round 12
💰 Pool Distribution Per Round (Top 100 Traders)
1st Place : $10,000
2nd Place : $5,000
3rd Place : $2,000
4th to 100th Place : $135 each
Total Awarded Each Round : $30,000
More Info : https://x.com/bugscoin_bgsc/status/1929455468747067843
🎯 Website : www.anttalk.co.kr
#BugsCoin #BGSC
Based on the provided Binance screenshot for the BTC/USDT trading pair as of June 08, 2025, here’s a concise analysis:
Price and Trend
Current Price: $105,670.88, showing a 0.17% increase.
24h Range: $104,964.14 (low) to $106,160.19 (high).
The chart indicates an upward trend with a recent bullish signal (bullish flag pattern), suggesting potential for further gains if the price breaks above recent highs.
Technical Indicators
EMA Cross: Multiple Exponential Moving Averages (e.g., 108,581.19, 105,670.89, 104,945.34) are closely aligned, indicating a consolidation phase. A bullish crossover could confirm the upward momentum.
Support and Resistance: Support is around $74,616.90, while resistance may be near the recent high of $106,160.19.
RSI (Relative Strength Index): At 52.35, the RSI is neutral, suggesting neither overbought nor oversold conditions, leaving room for movement in either direction.
Volume
24h Volume: 7,815.58 BTC ($825.11M), indicating moderate trading activity. A volume increase on a breakout could validate the trend.
Short-Term Outlook
The bullish flag pattern and current price action suggest a potential upward move if volume supports the breakout. However, the neutral RSI indicates caution—monitor for confirmation above $106,160.19.
A drop below $104,964.14 could signal a reversal toward support levels.
Recommendations
Buy: Consider entering if the price breaks above $106,160.19 with increased volume.
Sell: Watch for a drop below $104,964.14 as a potential exit or short opportunity.
Set alerts for key levels and monitor market news for external influences.
Would you like me to generate a chart or perform further analysis? Please confirm if you'd like an image generated.$BTC
{future}(BTCUSDT)
$ETH /USDT RANGEBOUND WITH KEY LEVELS IN FOCUS
#Ethereum has been consolidating between well-defined support and resistance zones after forming a major low near $2,549. The price action suggests a possible accumulation phase following a double bottom around $2,578 and a sharp rejection at $2,766.61.
📊 Chart Overview:
Major Low: $2,549.39
Double Bottom Zone: $2,578.09
Local Peak: $2,766.61
Current Action: Ranging sideways under resistance
📈 $ETH Trade Setup (Breakout or Breakdown Play)
Entry Zone: $2,515 – $2,535
TP1: $2,560
TP2: $2,600
TP3: $2,640
Stop Loss: $2,470
If $ETH breaks above the resistance range with strength, expect a move toward $2,600+. A breakdown below $2,500 would invalidate the structure and shift bias bearish again.
#Ethereum
#CryptoChart
#RangePlay
#BinanceSignals
{spot}(ETHUSDT)
The Altcoin(OTHERS) chart could not be more bullish.
Take some time to analyse this chart and use the opportunity to understand exactly why.
What we can observe on this chart is almost the exact same scenario playing out that we has last November...
Just before we had a large breakout.
For reference we have:
Blue line: 1D 50ema
Gold line: 1D 200ema
These are important to note, and you can see on the chart that the price action respects these EMA's.
Ok, so what do we have happening here?
1. After a consistent downtrend lasting months, the price breaks through the 50ema and trendline.
2. Price consolidations between the 50ema and the 200ema
3. Price deviates below the 50ema with a market flush
4. Price regains the 50ema and proceeds to breakout
In addition, we can see the MACD looks exactly the same right now as it did just before the last breakout.
The market does not 100% repeat, but it usually rhymes.
You can see this is not a bar for bar exact replica of the last breakout, but it is the exact same pattern.
For me, this is too striking to ignore.
The overall message you take from this kind of analysis is that we are looking very bullish here.
I'm expecting the markets to start to push hard during next week.
$SOL A whale unstaked 25,008 $SOL , valued at $3.7M, and transferred 25,000 $SOL to #Binance
Over the past two months, the whale has unstaked 125,045 $SOL, worth $17.64M, after four years of staking. The whale still holds 1,176,375 $SOL, valued at $174.17M, in staking.
https://solscan.io/account/7VMTVroo....KAe64Ckt#transfers