Professional Market Analysis of BTC/USD Chart

The BTC/USD daily chart provides a comprehensive overview of Bitcoin's recent price movements. The chart highlights Bitcoin's all-time high (ATH) and shows a series of significant resistance (RO) and support levels. The marked "Spring" events indicate instances where the price successfully rebounded from support levels, suggesting strong buying interest at these points.

Currently, Bitcoin is trading near $71,725, slightly below its recent peak. The Relative Strength Index (RSI) is at 47.40, indicating that the market is neither overbought nor oversold, but rather in a neutral state. This neutral RSI suggests that there is no extreme momentum in either direction, allowing for potential movement based on new market catalysts.

The Moving Average Convergence Divergence (MACD) histogram shows slightly positive momentum, with the MACD line hovering above the signal line, although the momentum appears to be weakening. This suggests that while the bullish trend is still present, it may be losing strength.


Volume profile analysis on the right shows significant trading activity around the $64,000 to $66,000 range, suggesting a strong support zone. This area is likely to act as a buffer against sharp declines, given the high volume of trades conducted at these levels.

Overall, Bitcoin appears to be in a consolidation phase, with key support around $64,000 and resistance near its ATH. The market's direction will likely depend on upcoming economic events, market sentiment, and potential regulatory developments. Investors should watch for a breakout above the ATH for bullish confirmation or a break below support for a bearish signal.

#altcoins #BTC #bitcoin

Bitcoin (BTC) Price Dumps Below $68K in Minutes, Liquidating Over 75K Traders

BNB is among the poorest performers from the larger-cap alts now.
Bitcoin’s price tried to take down the coveted $70,000 level last night but was violently rejected and pushed back down by over two grand in an hour or so.
The altcoins have also turned red, triggering an $80 billion loss to the total crypto market cap. The total value of liquidated positions has risen to roughly $170 million on a daily scale.
CryptoPotato reported yesterday that BTC’s price actions were quite dull during the weekend, but Monday began on a more positive note. The afternoon was even more bullish for the asset as it attempted a charge against the psychological resistance at $70,000.
Despite briefly breaching that level, the bears were quick to intercept the move and didn’t allow a decisive victory. Just the opposite, BTC started losing value almost immediately and dumped by over two grand within an hour or so.
This culminated in a price drop to its lowest level since June 3 of $67,500. Its market cap has also plummeted to $1.335 trillion on CG.


The alternative coins are in an even worse state. Ethereum has lost 3.5% on the day and is down to $3.560. Similar declines are evident from SOL, DOGE, TON, SHIB, and LINK.
Binance Coin, which was last week’s top performer, has dumped by more than 7% in the past 24 hours. As a result, BNB is down to under $620.
Even more painful declines come from the likes of NOT (-19%), W (-15%), JASMY (-11%), BRETT (-10%), and others.
The total value of liquidated positions in the past 12 hours is up to $120 million and $170 million on a daily scale. More than 75,000 traders have been wrecked within the same timeframe.
Interestingly, ETH is responsible for the largest piece of the pie and the single-biggest liquidated position involved ether as well. It was worth more than $6.5 million and took place on Binance.

#BTC #bitcoin #altcoins #BlackRock

👀 $MAGAA - News Causes Price to Surge 3000% 🕺

On June 8th, during a Space discussion on X about $MAGAA, there was a surprise participation of Influential People in the Media and Traditional Finance industry. Immediately, the price of $MAGAA spiked more than 3000%.

Currently, the price of $MAGAA is $0.03926, down 18% in the last 24 hours. This price decline can be explained by investors starting to take profits after the parabolic price increase.

This also occurred with Smart DEX Traders after they had accumulated during the June 5-7 period.
#altcoins #BTC #bitcoin
Currently, this wallet group has taken profits on half of their position, with a realized P&L of $2.41M, strongly at the peak of 08/06, while the unrealized one is $2.46M.

CoinShares: Digital asset investment product line totaled $2 billion last week

✔️ Digital asset investment products saw inflows totaling $2 billion, extending a five-week run of inflows to $4.3 billion, showcasing sustained investor confidence. Trading volumes in Exchange-Traded Products (ETPs) rose to $12.8 billion for the week, a 55% increase from the previous week, highlighting increased market participation and liquidity.

✔️ The continuous inflows indicate the growing appeal of digital assets as a viable investment class, offering portfolio diversification and hedging against traditional market risks. The rise in ETP trading volumes further reflects strong demand and confidence among investors, signaling market maturity and increasing institutional and retail engagement.


✔️ Overall, the significant inflows and rising trading volumes underscore the dynamic nature of the digital asset market. These trends point to a positive future outlook, with digital assets gaining traction and driving further innovation and development in the financial landscape.

#Binance200M #altcoins #BTC #bitcoin

$TKD Listed on ME XC. Please quickly enter the lottery. Good product, small cap. X5 simple !!

Top notch combustion mechanism. No token inflation!!
In general, it's playable. Don't worry about lottery numbers!!

#btc70k #StartInvestingInCrypto #altcoins

💎🪙🪙📰📰📰 Bears rekt: Bitcoin ETFs see runner-up record day with $887M inflows

🔊 Fidelity’s Bitcoin fund led the pack with $378.7 million in net inflows on the U.S. spot Bitcoin ETFs' second-highest joint net inflow day, according to preliminary data.

✔️ The United States spot Bitcoin exchange-traded funds (ETFs) saw their second-best-ever joint net inflow day of $886.6 million. The Fidelity Wise Origin Bitcoin Fund (FBTC) had the largest inflow at $378.7 million, followed by BlackRock’s iShares Bitcoin Trust (IBIT) with $274.4 million. The ARK 21Shares Bitcoin ETF (ARKB) was third with $138.7 million.


✔️ This marks the highest net inflows since March 12, when the funds took in $1.04 billion . Bitcoin prices surged 2.9% to $71,000 over the last 24 hours, according to CoinGecko.

#btc70k #altcoins #BlackRock

🔥🔥🔥
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$TKD X20 - X50 is easily achievable! Missed #Pepe, #WIF, #Bonk, #Slerf, and more...
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TKD/USDT Trading in ME XC Innovation Zone: 2024-06-05 15:00 (UTC)
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#altcoins #BinanceLaunchpool #Megadrop #BlackRock

The image showcases a table of various cryptocurrencies, highlighting their current prices, market capitalizations, and percentage changes over different time frames (1 hour, 24 hours, and 7 days). Here’s a concise analysis:
### Market Overview
1. Fetch.ai (FET)
- Price: $2.11
- Market Cap: $5,330,751,446
- Changes: 1h: 0.0%, 24h: -0.1%, 7d: -6.9%
2. Arbitrum (ARB)
- Price: $1.12
- Market Cap: $3,251,230,051
- Changes: 1h: -0.2%, 24h: -0.7%, 7d: -7.3%
3. SingularityNET (AGIX)
- Price: $0.8907
- Market Cap: $1,145,468,922
- Changes: 1h: 0.1%, 24h: -0.2%, 7d: -5.9%
4. Mina Protocol (MINA)
- Price: $0.8313
- Market Cap: $927,778,845
- Changes: 1h: 0.1%, 24h: -1.1%, 7d: -6.4%
5. Pendle (PENDLE)
- Price: $5.92
- Market Cap: $914,552,300
- Changes: 1h: -0.9%, 24h: -4.8%, 7d: -12.6%
6. Ocean Protocol (OCEAN)
- Price: $0.8955
- Market Cap: $581,512,793
- Changes: 1h: 0.2%, 24h: 0.3%, 7d: -5.8%
7. Backed Coinbase Global (BCOIN)**
- Price: $225.92
- Changes: 1h: 0.0%, 24h: 0.0%, 7d: -4.9%
8. zkSync (ZK)
- Data: Not listed
### Summary
- General Trend: Most cryptocurrencies show a declining trend over the past 7 days, indicating bearish sentiment.
- Stability: Minor hourly changes reflect short-term market stability.
- Performance: Pendle shows the largest 7-day decline (-12.6%).
Overall, the market is experiencing a bearish phase, with slight short-term stability. Investors should monitor these trends for potential reversals.
#altcoins #BinanceLaunchpool
$BTC $ETH

The 4-hour Bitcoin/TetherUS perpetual contract chart from Binance shows a symmetrical triangle pattern, indicating potential breakout points.
👍 Key levels:
🟡Support: Around 66,076.2 USDT.
🟡Resistance: Around 69,393.4 USDT.
🟡Current Price: 68,701.5 USDT, nearing the triangle's upper boundary.
➡️ The price action indicates consolidation within the triangle, with recent movement showing a +1.46% increase. The downward sloping blue trend line represents long-term resistance, while the upward trend line indicates support.
📈 Potential outcomes:
🟡Bullish: A breakout above 69,393.4 USDT could push prices above 70,000 USDT.
🟡Bearish: A breakdown below 66,076.2 USDT could target around 64,000 USDT or lower.
➡️ Traders should monitor for a breakout or breakdown to determine the next significant move.
#altcoins #BinanceLaunchpool
$BTC $ETH

🥹🥲😢😱😂 TOP TOKEN GAINERS IN MAY
👍 Meme:
🔵TURBO: Leading the meme category with an impressive 1348% increase, priced at $0.0073, with a market cap of $580M.
🔵TREMP: Showing a 417% rise to $1.11, with a $110M market cap.
🔵ANDY: Up by 391%, reaching $0.00022, and a market cap of $320M.
🔵PEOPLE: Increased by 382% to $0.108, market cap at $541M.
🔵PONKE and CHEEMS: Grew by 298% and 290% respectively.
🧠 Artificial Intelligence (AI):
🔵RNDR: Topped this segment with a 40.19% gain, valued at $10.03, market cap of $5.34B.
🔵ORAI and NFP: Gained 35.41% and 32.12% respectively.
🔵GRT and AI: Noted 31.60% and 26.84% increases, with market caps of $3.23B and $1.15B respectively.
👑 Real-World Assets (RWAs):
🔵TRU: Led this category with an 89.49% increase, priced at $0.189, and a market cap of $222M.
🔵ONDO and DUSK: Recorded gains of 75.05% and 62.44% respectively.
🔵PENDLE and TOKEN: Increased by 48.76% and 47.27%, with market caps of $1.60B and $375M respectively.
👍 Blockchains:
🔵PHB: Achieved a 77.33% gain, priced at $2.66, market cap at $312M.
🔵METIS: Rose by 37.94% to $78.24, with a market cap of $783M.
🔵CHZ, SOL, TON, VANRY, ETH, KAS, and CHR: Demonstrated notable increases ranging from 28.93% to 36.68%.
The total market capitalization for these categories are as follows: Meme ($62.98B), AI ($17.46B), RWAs ($9.32B), and Blockchains ($783.53B).

#altcoins #BinanceLaunchpool

🔷 Why is Ethereum (ETH) Price Down


🎆 Market Overview: Ether (ETH) dropped over 1.66% to $3,700 on May 30 as part of a broader market correction, with overall cryptocurrency market capitalization dipping by up to 2.50%.

🎆 Key Factors Driving Ether's Price Lower:
✔️ 1. Rising Bond Yields: Weaker demand for short-term U.S. Treasury notes has led to rising bond yields, making safer investments more attractive and drawing funds away from cryptocurrencies.
✔️ 2. Decline in ETH Holdings by Large Investors: A notable decrease in ETH held by large investors, or "whales," has added pressure on the price.
✔️3. An Overbought Correction: Ether's decline began on May 29 when its four-hour relative strength index (RSI) approached the overbought territory. An overbought RSI often precedes a correction.
✔️ ETH has also formed a double top pattern, a bearish reversal indicator. If ETH breaks below the neckline support at $3,684, it could decline to $3,400, aligning with the 200-4H exponential moving average (EMA). A bounce from the neckline support with rising trading volumes could invalidate this pattern, targeting a rise to around $3,850.

#Megadrop #MtGox #ETHETFsApproved

🚀 TOKUDA - Captivating the DEX World! 🚀

Hey everyone, check out the hot and trending project on DEX: Tokuda (TKD) on Binance Smart Chain! 🌐

🎭 What is Tokuda (TKD)?
Tokuda (TKD) is a fantoken inspired by Mr. Tokuda, a legendary Japanese entertainer with millions of fans worldwide. This project honors and celebrates him, forging a deep emotional bond with fans.

🔥 **Why TKD?**
**Strong Community:**
- 7,712 holders and millions of fans.
**Growth Potential:**
- Price: $0.0001052
- Market Cap: $5.7M
- 24h Volume: $58,561.75 with 406 transactions.
- High Liquidity: $220.9K on PancakeSwap.
- Stability: Consistent growth since DEX listing.

⚠️ **Risks:**
Invest wisely – price volatility and security risks exist. Only invest what you can afford to lose.

📈 **Conclusion:**
Tokuda is a promising and inspirational project with significant growth potential.

Token address: 0xD79bc26c424bcB52eEc2708d224868c1499422C8
I've invested, but do your own research! 🚀💰

#Tokuda #TKD #HOTRENDS #binance #fantoken

### Bitcoin Tăng Mạnh: Phân Tích Sự Gia Tăng Giao Dịch $17 Tỷ và Ảnh Hưởng Của Cá Voi Trung Quốc
💲 **Bitcoin (BTC)** hiện đang giao dịch ở mức $67,330.50, tăng 0.15% trong 24 giờ qua, với khối lượng giao dịch $16.3 tỷ. Là đồng tiền điện tử hàng đầu trên CoinMarketCap với vốn hóa thị trường $1.33 nghìn tỷ, những biến động gần đây của Bitcoin đã làm dấy lên suy đoán về ảnh hưởng của các cá voi Trung Quốc đến thị trường.
💲 Về mặt kỹ thuật, biểu đồ 4 giờ xác định điểm xoay ở mức $66,680. Bitcoin giữ trên mức này cho thấy xu hướng tăng giá. Các mức kháng cự ngay lập tức là $69,296, $71,090, và $72,809, trong khi các mức hỗ trợ là $64,662, $63,299, và $61,517.
💲 Chỉ số Sức mạnh Tương đối (RSI) ở mức 64, cho thấy Bitcoin không bị mua quá mức cũng không bị bán quá mức. Đường Trung bình Động Lũy thừa 50 ngày (EMA) ở mức $64,739 hỗ trợ xu hướng tăng giá.
💲 Bitcoin duy trì xu hướng tăng trên điểm xoay $66,680. Đường EMA 50 hỗ trợ đà mua vào, và RSI trên 50 gợi ý đà tăng tiếp tục. Sự xuất hiện của các nến Doji gần điểm xoay phản ánh tâm lý trung lập, nhưng triển vọng vẫn tích cực miễn là Bitcoin giữ trên mức quan trọng này.
💲 Nếu Bitcoin giữ trên $66,680, nó có thể tăng lên các mức kháng cự $69,296, $71,090, và $72,809. Ngược lại, nếu giảm dưới điểm xoay này, nó có thể dẫn đến bán tháo, đẩy giá về các mức hỗ trợ $64,662, $63,299, và $61,517. Phản ứng của thị trường với các mức này sẽ quyết định hướng đi ngắn hạn của Bitcoin.
💲 Tóm lại, triển vọng kỹ thuật của Bitcoin vẫn tích cực trên điểm xoay $66,680. Kháng cự ngay lập tức là $69,296, tiếp theo là $71,090 và $72,809. RSI hiện tại gợi ý tiềm năng tăng thêm, mặc dù cần thận trọng nếu Bitcoin giảm dưới điểm xoay. Đường EMA 50 ngày ở mức $64,739 cung cấp hỗ trợ vững chắc cho xu hướng tăng. Theo dõi các mức quan trọng này sẽ rất cần thiết để dự đoán các động thái tiếp theo của Bitcoin.
#ETHETFS #notcoin #altcoins #BlackRock

🔥 Let's Flex it! #Tokuda Hits No. 2 on Crypto and Climbing! 🔥

🌟 $TKD is on fire on cryptocom, soaring to the #2 spot in the trending section! Let's keep this amazing momentum going! ✨

💡 Don't let this golden opportunity to x100 times slip through your fingers!
Big thanks to all our community for your support! ❤️‍🔥‼️

#notcoin #MemeWatch2024 #altcoins

🚀 New ATH for $TKD again
We are so blessed to be here. The price is up 628% from presale price. Waiting for more big new coming! Buy now, before 2 MILLION CAP today.
Here's what's looking stellar:
🔸 New ATH: $0.00002258
🔸 DEXscore: 99/99
🔸 Market Cap: 1.2M
🔸 Hodlers: 4.24K
This achievement is absolutely monumental, fueled by the incredible enthusiasm and support from our amazing.
#notcoin #ETHETFS #altcoins

+Chairman Powell: The Fed is likely to keep interest rates unchanged for a long time - It takes a long time to reduce service inflation - Housing inflation remains complicated.

+Producer inflation PPI in April increased at the fastest pace in 12 months - If CPI at 7:30 tonight continues to rise, the Fed will definitely have to maintain high interest rates - Forecast:

CPI Y/Y (Forecast = 3.4%, previous month = 3.5%)

Core CPI Y/Y (Forecast = 3.6%, previous month = 3.8%)

+ETF session on 14/05 expected to be vibrant with +$133M from Ark fund, while Grayscale only sold -$51M

+During the Sybil accusation phase, the LayerZero bounty hunting will start from 09:00 on 18/05 - 06:59 on 01/06

+El Salvador has mined nearly 474 BTC since 2021 using volcanic geothermal energy to add to the national treasury, currently owning 5,750 BTC ~ $354M

+Wisconsin state retirement fund publicly purchased $99M BlackRock ETF Bitcoin

+Sonne Finance - lending platform on OP was hacked losing $20M

+Coinbase adds Drift Protocol (DRIFT) to the listing roadmap

+Puffer Finance chapter 4 will be launched soon with income for pufETH holders and partnerships with Trust Wallet, Scroll,...

+Lens Protocol introduces Lens Network, a SocialFi network based on zkSync technology

#Memecoins #ETHETFS #altcoins

Theo dõi biểu đồ này, chúng ta có thể thấy đường xanh. Sự kiện "Bitcoin halving" vừa diễn ra. Giá Bitcoin hiện vẫn đang neo ở mức thấp hơn đỉnh cao của chu kỳ trước.
Những dữ liệu lịch sử về giá, cộng thêm yếu tố ETF, tình hình chính trị Mỹ dưới thời Tổng thống Trump và cuộc bầu cử sắp tới, tình hình kinh tế toàn cầu, mức độ phổ biến công nghệ, đà tăng trưởng và các cơ sở nghiệp vụ của Bitcoin sẽ ảnh hưởng đến diễn biến giá trong 9-11 tháng tới hoặc thậm chí 18 tháng. Đây sẽ là giai đoạn hấp dẫn và biến động mạnh.
Chúng ta cần theo dõi sát sao diễn biến thị trường trong thời gian này để có những quyết định đầu tư phù hợp, đồng thời cũng cần nhìn nhận Bitcoin từ nhiều góc độ khác nhau để có cái nhìn toàn diện hơn về triển vọng phát triển dài hạn của tiền điện tử này.

#notcoin #ETHETFS #altcoins #BinanceLaunchpool

$BTC $ETH

BẠN HODLERS ĐÃ NGỪNG BÁN BTC 🥇
Trong thị trường đi lên, những nhà đầu tư dài hạn thường bán ra khi có đám đông, thu lợi nhuận. Đây là quá trình bình thường và sẽ tiếp tục khi BTC tăng trưởng trở lại.
Nhưng ở thời điểm này, hành vi của các bạn HODLERS cho thấy sự kỳ vọng vào một mức đỉnh mới. Họ đang giữ chặt BTC của mình bởi tin rằng giá sẽ còn tăng hơn nữa! Đây chính là tín hiệu tích cực cho thị trường.
Hãy cùng chờ đợi và tin tưởng vào tiềm năng phát triển của tiền điện tử vĩ đại này. Nếu bạn vẫn chưa sở hữu BTC, hãy nhanh tay mua một lượng nhỏ trước khi giá leo thang mạnh hơn nữa. Chúc các bạn đầu tư khôn ngoan và thành công!

#BinanceLaunchpool #ETFvsBTC #BlackRock

Every time large amounts of $FDUSD are deposited into farming pools on exchanges, the markets seem to experience minor corrections. Over the past 10 hours, 137.7M $FDUSD has been transferred to Binance, with 103.95M from Wintermute and 32.2M from Ceffu (Binance Custody). This influx is likely meant for farming, not trading.
There does seem to be a pattern where markets adjust slightly following large $FDUSD mints and launch pool deposits. One theory is that market makers may be mixing $FDUSD flows with farming funds, making on-chain tracking of deposits more difficult. The bigger the minting amount, the larger the correction tends to be, similar to launch pools.
It's an interesting observation worth considering - major $FDUSD deposits to exchanges could be a minor contributing factor to market adjustments. Of course, correlation doesn't always equal causation, so it's hard to say definitively. In any case, today's market movement may have already priced this pattern in. The relationships between on-chain activity and prices remain complex with many variables at play.
#notcoin #ETHETFS #altcoins #BlackRock