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#Binance #crypto2023 #cryptotrading #AMA

This is the time when I prefer to sit back and wait for levels to be reclaimed. The 95,200 level has been lost on both the 4-hour and 1-hour charts. I’m not longing yet, but I’m also not shorting because shorting near a support zone isn’t ideal. We still have the daily 50EMA, which previously triggered a bounce of nearly $10,000 in just a few days.

The biggest concern for bulls right now is losing the 50EMA on the daily chart. While this may seem concerning, let me remind you that this year alone, we’ve lost this support multiple times, closed below it, and reclaimed it with massive green candles within 1–3 days.

Will the bulls step back in? Just wait and watch. Personally, I’m bidding here again.

#btc

It's surprising to see how many influencers on CT, TG, and YT are spreading fear-mongering FUD about USDT. The MICA regulations aren’t new, they were approved months ago and will only take effect from December 31. Users and exchanges in the EU have been preparing for this for months. Many EU users have already swapped USDT for other stablecoins or bought BTC and other cryptocurrencies.

This is just a short-term issue. Interestingly, USDT FUD usually marks the bottom in bear markets, but now we’re seeing similar fear in a bull market. USDT isn’t going anywhere, at least for now. They’re actively working to address this, and we’ll likely see USDT return to the EU in a few months.

These influencers are acting as though USDT is going to zero, but at most, we can expect some short-term volatility. If a dip happens, it could be a great buying opportunity. Even if USDT dips, I’d buy, it’s easy money! Similar FUD happened with USDC months ago, and we all know how that turned out

JUST IN: Strategic $BTC Reserves Could Reduce U.S. National Debt by 36% by 2050, According to VanEck Report🔥

#bitcoin

⚠️JUST IN: We're just at the beginning wiith $BTC says BlackRock!

#bitcoin #BlackRock

JUST IN: #Bitcoin ETFs experienced their largest outflow since the launch📊

#bitcoin

ONDO announced $1M contribution on Trump’s inauguration fund.

#ondo

December is historically a very choppy month for trading, and this year is no exception. With the holiday season starting in many countries, trading volume will be low. If you trade with leverage, consider reducing your exposure.

January to March, however, will likely be a golden period, offering opportunities to not only earn but potentially grow your portfolio by 10–20x with leverage. Stay patient and trade less for now.

Buying $MANA on spot for potential target of $10.

#MANA

I’m bearish on , and here’s why, along with my invalidation level.

Currently, Bitcoin is trading within the same range of 93,000–98,500 over the past two weeks. We’ve seen multiple rejections from the trendline, as shown in the chart. Yesterday, following the Korea FUD, Bitcoin dipped to the strong 100 EMA support, bounced back, and recovered nearly 3,000. However, we are now approaching the same trendline zone where rejections have repeatedly occurred.

I wouldn’t recommend opening any new longs, especially with several key financial events this week, including CPI data and jobless claims.

My Invalidation: Every trade needs an invalidation level. For this setup, to see a bullish case, Bitcoin must first close above 98,200–98,400, preferably with multiple 4H candle closures. This should be followed by a retest around the 97.5–97.6K zone. A small consolidation here could lead to a pump toward new highs.

Can we short? Yes. If you’re not in any trade, you could short between the 97K–97.6K zone with a stop-loss at 98,600. Any 1H/4H candle close above 98,600 would invalidate the short setup.

There are several reasons indicating a potential dip toward the 90–88K zone, but I won’t list them here. This analysis is purely based on charts. Fundamental data can be easily found through various sources

#btc

A tip for all traders: focus next couple of days on AI coins. $FET, $TAO, $WLD, $RENDER and more. Thank me later

Last bull rally (2020)during Thanksgiving week had an 18% correction followed by a 300% rally. This time, we've already had a 9% correction. Are you scared, anon?

Buying $ETHFI at the current price of $2.18. I will start taking some profits between short-term and full-bag targets. Since I buy with substantial capital, I'm more than happy with a 5-15x return here.

#ETHFinance

$RENDER buying range and targets for short term.

#Render

$TAO looks ready for a dip. Placing spot bids in the mentioned zone.

#TAO

Thank you @Rachel Conlan for hosting such an incredible meetup! it was pleasure connecting with you and Binance Team. Events like this showcase why @binance stands as leading CEX globally ❤️

#BinanceInIndia

$PNUT made decent gains on it shorting after elon tweeted about it and it's value rose from 1.7$ to 2.2$ within few seconds. Took opportunity to short as soon as saw weakness in price action.

#pnut

Many people, especially those who experienced previous cycles, say things like, “I’ll sell before the top,” “I’ll sell right at the top,” or “This time, I won’t hold too long.” But in reality, human behavior doesn’t change that easily. I can already see it unfolding, and this is exactly why cycles repeat, because emotions are hard to control.