Binance CEO Richard Teng Commented on the Decline in Bitcoin (BTC) and Altcoins!
Despite recent market fluctuations, interest in Bitcoin remains robust. US-listed Bitcoin ETFs saw a staggering $14.7 billion in net inflows over the past 6 months, highlighting sustained investor confidence in digital assets. Binance CEO @Richard Teng emphasizes that while prices may vary short-term, the long-term outlook for cryptocurrencies remains strong. Focus on the fundamentals and keep building for the future! 🚀

🔴🔴 BIGGEST REASON of MARKET DECLINE today

I just read news that the German government sold over 10,000 #bitcoins this month, causing a market decline. They've been selling off, and coupled with negative news about Mentougou's repayment, it seems odd. Many big investors own 10,000 bitcoins or more. American ETFs hold tens of thousands, even millions. Why would they worry about just 10,000 being sold off?
Recently, someone mentioned that Sun was willing to buy the remaining coins from Germany off-market to prevent them from flooding the market. Others asked why he doesn't do the same for Mentougou's coins. The German government's sale is simpler because they can sell all at once, while Mentougou's process is complex with various rules and methods. They plan to sell 140,000 coins over ten years. But with ETFs worldwide now, buying that many coins over a decade shouldn't be a concern.

Today's market crash might be a setup for the upcoming Ethereum spot ETF launch. The sale of German coins is clearing the market. Stay calm through this washout. Once the Ethereum ETF launches, there could be a strong rebound. Ethereum might even reach $4,000 again soon. Hold steady and wait it out!

#Write2Earn! #TipMeAndRich #BinanceTournament #BearishPhase

THE INSPIRING STORY OF DHL
In 1969, 3 young men decided to start their delivery business with the few resources they had.

*1. ADRIAN DALSEY*
*2. LARRY HILLBLOM*
*3. ROBERT LYNN* ....whose initials formed *DHL* will revolutionize this industry.

*55 years* later today DHL owns
♤250 planes.
♤ 32,000 vehicles.
♤ 550,000 employees and today DHL is present almost everywhere in the world.
Revenues are estimated at hundreds of billions of dollars.

*In life, surround yourself with people who talk about projects, business, success, dreams, goals.....not negative, fearful, lazy people.*

```If your friend refuses to join you in starting a business, it's not a friend.```
```If your brother refuses to support you to progress in your business... he's not a brother.```

If you got into business... hold on strong... it took 55 years for DHL to be DHL.
Success takes time, effort, intelligence and focus.

Be inspired to do more today🌹🌹🌹

#US_Inflation_Easing_Alert #Bitcoin❗
#HalalTraders

Ethereum Poised to Outperform Bitcoin as Spot ETFs Launch: K33 Research

Analyst firm K33 Research predicts a bullish surge for Ethereum (ETH) following the launch of spot Ether ETFs in the US. This news comes as a welcome sign for ETH investors, who have witnessed Bitcoin (BTC) dominate the market for the past year.

The Golden Egg for ETH: Spot ETF Inflows
The long-awaited spot Ether ETFs, expected to debut as early as July 8th, are seen as a "golden egg" for ETH's price action, according to K33 analysts Vetle Lunde and David Zimmerman. This optimism stems from the potential inflows these ETFs will attract, creating a similar buying pressure witnessed with Bitcoin spot ETFs in 2024.
Bitcoin Faces Headwinds from Mt. Gox Repayments
While ETH enjoys tailwinds, Bitcoin might face headwinds. The upcoming distribution of $8.5 billion to creditors of the defunct Mt. Gox exchange could trigger sell pressure on BTC.

Short-Term Jitters Before Long-Term Gains
K33 analysts acknowledge a potential short-term price dip for ETH immediately after the ETF launch. This, however, is viewed as a temporary blip similar to what Bitcoin experienced. The long-term outlook for ETH remains bullish, with Lunde expecting significant inflows over the next five months, accumulating to 0.75-1% of ETH's circulating supply.

Current Price an Opportunity for Savvy Investors
Lunde emphasizes the current ETH/BTC price ratio as a bargain for patient investors. The market might disagree at present, with ETH futures trading lower than Bitcoin futures, but K33 Research maintains its bullish stance on Ethereum.

Stay tuned to Binance Square for further updates on the ETF launch and its impact on the cryptocurrency market

🎯BE READY🎯

$ETH
Guys, be ready for what's to come in the next couple of days! 👀⏳️
The market is pretty stagnant of late, not much news is coming out, although the Solana ETF possibility is an interesting one. 🌊
The Ethereum ETF approval is just around the corner, igniting a new spark, a new and strong bull run might just be in the making. 🔥💰
July, as a month, might be crucial, not just for Ethereum, but for crypto in general, as the altcoins closely follow Ethereum’s price. 💯📈
Keep an eye on projects closely linked to Ethereum, they will be the ones driving the next rally. 🚀💫
Also, be on the lookout for Solana and related projects, with news coming out in the last couple of days about a potential ETF. 🎯🙏
All in all, the crypto space looks oversold, so I see good entry prices for most of the projects. 💸💪
To not rule out another price crash in the short term, but it is quite unlikely if we do get the Ethereum ETF in July. 👑
This is the calm before the storm. 🤫🌩️

#altcoins #ETH_ETFs_Approval_Predictions #VanEck_SOL_ETFS #Bitcoin❗ #MtGoxJulyRepayments

Bright Future of ENS

ENS (Ethereum Naming Service) is a decentralized system built on the Ethereum blockchain that aims to map human-readable names (such as `alice.eth`) to machine-readable identifiers such as Ethereum addresses and other cryptocurrency addresses. This simplifies the use of complex addresses and makes it easier for users to send and receive cryptocurrencies. ENS operates through smart contracts, ensuring decentralization and security.

In addition to addresses, it also supports mapping to content hashes and metadata, facilitating the creation of decentralized websites and applications. It integrates seamlessly with various decentralized applications (dApps) and services, enhancing the usability of the entire blockchain ecosystem.

ENS is governed by a DAO (Decentralized Autonomous Organization) and allows token holders to vote on protocol changes, ensuring community-driven development. Its use cases cover wallet addresses, digital identities, and decentralized websites, providing flexibility and security. Despite challenges such as adoption and competition, ENS plays a key role in making blockchain technology more accessible and user-friendly.

Follow #Halal_Traders for more interesting topics. If it helps you, please like it.

#CryptoPCEWatch #CryptoTradingGuide #MtGoxJulyRepayments #Megadrop

📈 Considering the current market trends, we're eyeing a potential move in BTC around the 60k to 59k zone. 🚀 Our strategy involves planning a long position in this range, pending confirmation. Stay tuned for updates as we monitor the market closely! 📊💬

You may have heard about 3 or 4 types of support and resistance, but today I will share with you 7 types
Of support and resistance. Let's discuss them one by one:

1. Horizontal lines of support and resistance
Support: They are drawn at price levels where the asset stops falling and starts rising.

Resistance: It is drawn at price levels where the asset stops rising and starts falling.
How to draw: Locate price points where the price previously reversed, and connect them with a horizontal line.

2. Trend lines

Uptrend Line: Connects higher lows in an uptrend.
Downtrend Line: Connects lower highs in a downtrend.

How to Draw: Use wicks or candle bodies to draw a line that reflects the price trend and extends into the future.

3. Round numbers

Support and Resistance: Psychological price levels such as $10, $100, $1000, are often strong support or resistance points.
How to draw: Locate the round numbers on the chart and watch the price react around them.

4. Liquidity areas

Support and Resistance: Areas of high trading volume that represent important price levels.
How to Draw: Use tools such as a volume file to define these areas.

5. Moving averages

Support and Resistance: Moving averages such as the 50, 100, and 200 days can be dynamic support or resistance.
How to draw: Draw moving averages on the chart and follow the price reaction to them.

6. Fibonacci retracement levels
Support and Resistance: Fibonacci retracement levels identify potential support and resistance areas.

How to draw: Identify an important high and low, and use the Fibonacci retracement tool to draw levels between them.

7. Pivot points

Support and Resistance: Pivot points and associated support and resistance levels identify potential turning points.
How to plot: Calculate the pivot points using the highest, lowest, and close of the previous period, and plot them on the chart.

#HalalTraders

🚀 Shiba Inu Update! 🐕

SHIB Whale Withdraws $6.6M from Binance Amid Signs of Potential Reversal

Shiba Inu (SHIB) has been making waves with recent significant movements in the market. A smart whale just withdrew 353.83 billion SHIB tokens worth $6.6 million from Binance, now holding 838.87 billion SHIB valued at $15.5 million. This move suggests substantial profit-taking, with a total profit of $6.12 million on SHIB!

Despite recent fluctuations, SHIB's current price is $0.000019, showing a 1.09% increase in the last 24 hours. The 24-hour trading volume stands at $287.76 million, with a market cap of over $11 billion. Notably, SHIB's real-world utility is growing rapidly, being accepted for flights, food orders, electronics, luxury goods, movie tickets, and more.

Technical indicators paint a mixed picture: the Relative Strength Index (RSI) suggests potential oversold conditions, hinting at a possible trend reversal, while the Moving Average Convergence Divergence (MACD) indicates a short-term bearish trend.

Traders are advised to watch for bullish signals for clearer market direction.

With increasing adoption and utility across various sectors globally, Shiba Inu is proving its value beyond speculation, potentially paving the way for broader adoption as a stable digital asset.

🔍 Stay informed and trade wisely!

🚨 Breaking News: Elon Musk's X Says "No" to Crypto Payments! 🚫💰

In a surprising twist, Elon Musk's X (formerly known as Twitter) has decided to exclude #cryptocurrency from its upcoming payment features. 😱 Despite Musk's previous hints at integrating #crypto into the platform, the latest reports suggest that X's payment plans will be limited to traditional fiat currencies. 💸

This unexpected shift has left the crypto community scratching their heads, wondering what happened to Musk's crypto-friendly stance. 🤔

Could it be a strategic move to avoid regulatory hurdles? Or perhaps a change of heart? 💡

While X aims to become an "everything app" like WeChat, it seems that crypto won't be part of the equation... at least for now. 😕 But hey, who knows what the future holds? 🔮
$BTC
#BinanceTournament #BTC☀ #Megadrop #ETHETFsApproved

Here are some tips by using them you can become profitable trader. Read all tips, reading half or some tips is like knife in hand of monkey . so read till last.

1. Educate Yourself: Learn the basics of trading, including market analysis (technical and fundamental), trading strategies, and risk management.

2. Develop a Trading Plan: Create a detailed plan that includes your trading goals, risk tolerance, strategies, and criteria for entering and exiting trades.

3. Risk Management: Always use stop-loss orders to protect your #capital. Never risk more than a small percentage of your trading account on a single trade.

4. Diversify Your Portfolio: Don’t put all your money into one trade or asset. Diversify to spread risk.

5. Stay Disciplined: Stick to your trading plan and avoid emotional decision-making. #Discipline is key to consistent profits.

6. Keep Up with Market News: Stay informed about market events, economic indicators, and other factors that can influence the markets.

7. Use Technical Analysis: Learn how to read charts and use indicators to make informed trading decisions.

8. Practice with a Demo Account: Before risking real money, practice trading with a demo account to hone your skills.

9. Review Your Trades: Regularly review your past trades to understand what worked and what didn’t. Learn from your mistakes.

10. Stay Updated with Trading Tools: Use reliable trading platforms and tools that provide real-time data and advanced features for #ANALYSIS .

11. Control Your Emotions: Trading can be stressful. Develop the ability to stay calm and composed, especially during volatile market conditions.

12. Continuous Learning: The market is always evolving, so continue learning and adapting your strategies to stay profitable.
By following these tips, you can enhance your chances of becoming a successful and profitable trader.

🎚️These Altcoins Are The Most Searched On Google - But Their Prices Are Falling

Recent trends are signaling caution in the world of AI-related cryptocurrencies. Despite record-high Google searches for AI topics, tokens like FET, RNDR, TAO, and GRT have seen significant drops in their market values, some by up to 30% in just a week. 📉💸

Historically, spikes in Google searches about cryptocurrencies have often coincided with market peaks, a pattern observed by investors like Warren Buffet, who famously advises buying during downturns and selling during frenzied booms. 📈💰
Google Trends data shows that interest in AI recently hit its peak, scoring 100 - the highest in five years. This surge in interest appears to mirror a similar rise in AI-related token values, now followed by a decline. 📈➡️📉

What does this mean for investors? It could be a crucial moment to evaluate positions and consider Buffet's strategy of strategic timing in volatile markets. Stay informed, stay cautious. 🧐💡

Remember, investing in cryptocurrencies carries risks. Always do thorough research and consider professional advice before making financial decisions. 📊💬

The US Securities and Exchange Commission announces the permanent suspension of the investigation into Ethereum. Here are the full details and finally a list of four coins that will take off as Ethereum rises.

In a landmark decision, the US Securities and Exchange Commission (SEC) has announced that it is permanently halting its investigation into Ethereum. This investigation, which was focused on classifying Ethereum as a security, has been a source of uncertainty for the cryptocurrency industry. The SEC's move is seen as an important regulatory event, which may clarify Ethereum's legal status and ease concerns from developers and investors.

This decision may also impact the broader regulatory approach to other cryptocurrencies, setting a precedent for how digital assets are valued under US securities laws. The suspension could pave the way for more robust development within the Ethereum ecosystem and boost confidence among market participants.

Here is a list of the top 4 currencies that will thrive with the rise of Ethereum:
1. $ETC
2. $ARB
3. $OP

So, follow #HalalTraders if you don't want to miss this climb.

#SECCryptoRegulation #ETHETFsApproved #EthereumETFApprovalExpectations #PUMP!

Assalamualaikum Brothers and sisters,

Get Ready for the altseason everyone!

Pump is coming

Make sure you like and follow for more latest news, predictions and more.

#altcoins #BTC #dyor
#HalalTraders

### Market is Ejecting Investors

Right now, 90% of people who invested in altcoins are facing big losses. Many of these investors have lost faith in future growth and expect more drops, especially in altcoins.
However, most analysts and traders predict a quick turnaround and a strong rally. Often, when most people expect one thing, the opposite happens.

I believe we will see further drops before a strong bounce back and the start of a big altcoin season. It's important to be ready because the turnaround can happen quickly.
Many wonder how much lower the market can go. The truth is, there's no definite bottom. Each new low can lead to another drop, potentially without end. The key is the market's cyclical nature. So, never invest all your money at once; you might get many chances to buy at lower prices before the expected growth happens.

#BTC #altcoins #bitcoin
#Halaltraders

Bull Market 2024!
Must like and follow if you agree with it.

#altcoins We're probably facing the biggest
Altseason in at least 4 years. And the beauty of it? If you look at the history, it won't be long before it starts. Many will only realise it once it's too late.The next targets for TOTAL 2?

↗️TARGET 1: $1.27 T
↗️TARGET 2: $1.71 T

Once Total 2 is able to break above the old horizontal resistance level at around $1.27 T and hold above it, we'll see a fast move up to the old all time highs of 2021 at around $1.71 T. Above that, is when the REAL Altcoin FOMO begins. At this point $BTC Dominance is already in the process of breaking down and Altcoins will have the perfect conditions to thrive.

#BTC will likely already be above $100k at that point and the overall Crypto market will be in the euphoria stage. Dumb money will begin to enter the space, thinking they are still early in the market cycle.

This is when the REAL parabolic pumps begin!

It will be normal for Altcoins to just casually 10x in only just a months time...
You'll see old friends suddenly reach out to you for crypto advice...
Risk awareness will completely go out the window...
Coinbase will once again be Nr. 1 in the app
store...
Celebrities will get involved with crypto again...
You'll see absurd price targets, for example $1M for $BTC...

! STOP!

THIS IS THE TIME TO EXIT THE MARKET!

If you then see these warning signs in the charts

💎Lower highs & lower lows
💎Trendlines/patterns broken to the
downside
💎RSI/MACD bearish divergences
💎Big candle wicks to the upside
💎Bearish engulfing candles
💎Decreasing volume with rising price
you need to take profits!The more bearish technical indicators like this you'll see in confluence on the weekly or daily timeframe, the higher the likelihood that the top is in!

Do not ignore these signs & think this time is different! The next months will be truly life- changing. Stay focussed now and don't get complacentş.

The best is yet to come!

#bitcoin #CryptoNews🚀🔥 #altsesaon
#HalalTraders

Wishing a blessed and peaceful Eid Al-Adha from #Halal Traders to all my Muslim Brother and Sisters!!! ❤️🌙🐄🐮

#BinanceSquareFamily #EidWithBinance #HalalTraders

Trending News!

🗞️ Arthur Hayes: Dogecoin ETF is coming
🗞️ Lekker Capital founder: Why it is not recommended to buy altcoins now
🗞️ Cryptocurrency market cap exceeds $2.5 trillion, Rune market cap falls below $1.9 billion
🗞️ Cryptocurrency market cap exceeds $2.5 trillion, Rune market cap falls below $1.9 billion

A new strategy is here || Maximize your profits using this strategy. A surprise awaits you at the end of the article. Be sure to read the whole thing.

This strategy is the MACD and Price Difference strategy. Use for spot trading only. Here are all the details.

Steps:
1. Pair Selection: Focus on pairs with high liquidity such as BTC/USD or ETH/USD.

2. Set Up the Chart: Use a platform like TradingView. Add the MACD indicator (12, 26, 9 settings).

3. Identify the Differences:
Bullish Divergence: Price makes lower lows, MACD line makes higher lows.
Bearish Divergence: Price makes higher highs, MACD line makes lower highs.

4. Entry Points:
Bullish: Enter a long position with a bullish MACD cross.
Bearish: Enter a short position with the MACD bearish cross.

5. Set Stop Loss:-

Long: Below the last swing. -
Short: On top of the last swing.
6. Take Profit: At major resistance levels for long positions, at support levels for short positions. Use trailing stops to secure profits.

Example:-
Bullish: Price makes lower lows, MACD makes higher lows. Confirm with MACD bullish crossover. Enter a long position, place your stop loss below the last low, take profit at resistance.-
Bearish: Price makes higher highs, MACD makes lower highs. Confirm with MACD bearish crossover. Enter a short position, place your stop loss above the last high, take profit at the support.

Using MACD and price divergence, it is possible to identify potential trend reversals in spot trading. Stay disciplined, manage your risk and apply this strategy consistently.

☠️☠️☠️Check the pinned post and catch the surprise. Follow #halaltraders for such strategies. Click the like button and ask any questions in the comment, I will answer.

#BinanceTournament #AirdropGuide $RUNE $ENS $GRT #altcoins #BTC☀

Follow the steps you will thank me later!

1) buy

2) buyy

3) buyyy

and the last and the most important where most of all fails.

HOLD!

#bitcoin #altsesaon #altcoins #dyor