Despite Bitcoin's decline, $MATH is showing strength, suggesting that there may be a significant upward move ahead. If momentum continues to build, a rally towards $0.91 might be in store, with $MKR probably playing a role in this breakout. As new market territory approaches, volume signals will become increasingly important.
⚡️ @pStakeFinance $PSTAKE has rolled out $YBTC, the yield-optimized Bitcoin token on @Babylonlabs_io
pSTAKE has introduced $YBTC, a yield-optimized token that is expected to go live in mid-November. The LST gets yields through native $BTC staking, restaking, and liquidity farming across multiple #DeFi ecosystems. The token represents users’ #BTC deposits into pSTAKE that is in turn staked into Babylon to earn Bitcoin Staking yields. pSTAKE Finance is a Bitcoin yield protocol, backed by Binance Labs.
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ORDINALS PARIS - SPEAKER ANNOUNCEMENT
@ysiu, Co-Founder & Chairman at @animocabrands, will be speaking at Ordinals Paris.
1 venue - 1 ticket - 4 events - 20,000+ attendees.
Feb. 13th-14th 2025, Grande Halle de la Villette : XYZ (GenAI), NFT (Web3), RWA (Web3 x Finance), Ordinals Paris (Bitcoin).
I'VE BEEN USING FIBONACCI IN THIS WAY TO GET MAX RETURNS & MINIMISE LOSSES.
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You must have heard about Fibonacci Retracement, a tool used to identify trends in the market. Be it for long or short, this tool has been the favourite of many traders for quite a long period. But only a few know how to use it correctly.
So, I'm going to share this little secret with you that many influencers or gurus charge heavily in their online courses. Here's the real deal.
📊 Go to trading view and select "Indicators" from the top of the menu. Then search for the term Fibonacci and as you'll get many options in results, select "Auto Fib Retracement" and it will be auto applied in the charts. No need to draw manual lines which was the case earlier (e.g 2-3 years back).
Now, to use fib we usually spot the market swings in a particular time frame(15m, 30m, 1H, 4H, 1D are the best suited). If the trend is bullish, then we draw the line connecting the bottom of the swing to the top of the swing. The reverse stands for a bearish trend, connecting the top to the bottom.
Here, I've selected the 1H chart of Sol & applied it. With default settings it'll appear something like that (image1), lots of coloured rectangles. But this is old school. And here's the real deal. Now go to the settings of the tool and deselect all the options except 0.5 & 0.618.
Now change the values of these metrics. Change 0.5 to 0.55 & 0.618 to 0.66. Now your fib tool looks something like this (image 2). Never trade when the price is in that range, this is where you'll be trapped. When the price goes above that range it's bullish and the opposite is true when it trades below that range.
Backtest it with price action, the S/R levels will give more clear direction. This is where traders get the max clarity about the market direction. I wouldn't say that you should rely entirely on this, everyone has their own style of trading but this will definitely create an impact for every trading style or setup.
#MemeCoinTrending #USRetailSalesBoost #GrayscaleConsiders35Cryptos
🚀 Bitcoin's on the move! Up 15% from its October low, BTC is eyeing the $70K mark again, though still 8% shy of its all-time high. Meanwhile, gold and the S&P 500 are hitting new records. 🏆
Why no new high for Bitcoin? Forced sells over the summer and high volatility played a role. But, accumulation signs from both shrimps and whales hint at a bullish future. 📈
With pro-crypto sentiment rising and a weakening Japanese yen, could we see new ATHs soon? Drop your thoughts below! 💬 #Bitcoin #Crypto #MarketAnalysis
🚀 Prediction season is here, and the future of DeFi looks brighter than your favorite meme coin! 🌟
- **Omnichain DeFi**: Expect liquidity to flow like never before, solving the age-old problem of liquidity fragmentation. Multiple chains, better pricing, and deeper liquidity? Yes, please!
- **Institutional Adoption**: Big players are gearing up for DeFi. With better tools for compliance and wallet management, expect a flood of institutional capital.
- **DeFi Derivatives**: Bitcoin L2s are joining the party, unlocking billions in dormant capital and offering new hedging opportunities.
- **User Experience**: DeFi projects are focusing on making interfaces as smooth as butter. Better UI/UX means more users!
- **AI-Powered DeFi**: Automated trading bots and predictive analytics are set to revolutionize DeFi. AI assistants will be the new best friends of smart traders.
Stay tuned, 2025 is going to be a wild ride! 🚀
**News Flash: DeFi Trends to Watch in 2025**
As we enter the final quarter of the year, industry insiders are predicting major trends for 2025 in the DeFi space. Here's what to watch:
- **Omnichain DeFi**: Expect significant adoption of omnichain DeFi, which sources liquidity from multiple chains and centralized sources, solving liquidity fragmentation and enhancing trading experiences.
- **Institutional Adoption**: Institutions are set to dive deeper into DeFi, thanks to improved onchain tools for compliance and wallet management. Tokenized Real World Assets (RWAs) will likely see the greatest inflows of capital.
- **DeFi Derivatives**: The rise of DeFi derivatives, including on Bitcoin L2s, will unlock dormant capital and offer new hedging frameworks without relying on centralized exchanges.
- **User Experience**: Enhanced UI/UX will make DeFi more accessible, with seamless interfaces and better educational resources driving user onboarding and retention.
- **AI-Powered Solutions**: AI tools will revolutionize DeFi, offering automated trading bots, risk assessment, and predictive analytics, making it easier for traders to optimize strategies and mitigate risks.
Stay tuned as these trends unfold, promising a transformative year ahead for DeFi.
🚨🚨 Bank of America Issues URGENT Warning: Gold Is the Only Safe Bet Amid Soaring U.S. Debt! 🚨🚨
With U.S. debt spiraling out of control, Bank of America is sending a clear message—gold is rapidly becoming the go-to safe haven for investors. If you’re not paying attention, you could be missing out on a pivotal shift in the investment landscape.
Here’s why BoA is betting big on gold:
• Gold Price Prediction: Bank of America forecasts gold could surge to $3,000 per ounce by 2025!
• Major Factors: Rising national debt, fiscal uncertainty, and central banks aggressively increasing their gold reserves.
• Market Shift: As U.S. Treasuries lose their appeal, more investors are turning to gold, signaling deepening economic instability.
In these turbulent times, gold is proving to be the ultimate hedge for those seeking protection from market volatility. Are you positioned to ride the wave, or will you be caught off guard? Now is the time to reassess your investment strategy—don’t wait until it’s too late!
#MemeCoinTrending #BNBRisesTo600 #TeslaTransferBTC #USRetailSalesBoost #SCRSpotTradingOnBinance
🚨Market update on NOT 🚀
If $NOT holds its current support level, I expect it to break its last higher low (HL) at $0.00935 and establish new higher highs (HH), especially with $BTC showing bullish momentum.
However, here’s what happened with the other hot cryptocurrencies below 👇
$PEPE is trading at $0.00001039, up +3.28%, indicating moderate upward momentum.
#BNB holds at $596.7, with a slight gain of +0.56%, maintaining a steady consolidation phase.
#ETH follows a similar trend, up +0.65% at $2,627.26, reflecting slow but steady growth in a cautious market environment.
#NEIRO however, has dropped -1.53%, potentially signaling bearish sentiment or profit-taking after a previous rally.
Other notable performer is #SOL , showing modest gains of +0.92%
$SUI
{spot}(SUIUSDT)
SUI is currently trading at $2.0598 on perpetual futures, showing a modest gain of 1.02%. This slight uptick suggests a cautiously bullish sentiment in the short term.
Key levels to watch:
Support: $2.00, $1.95
Resistance: $2.10, $2.20
The $2.00 level has been acting as a strong support, with buyers stepping in consistently around this price point. The immediate challenge for SUI is to break and hold above the $2.10 resistance.
Short-term outlook:
A decisive move above $2.10 could open the path to test $2.20.
If bullish momentum builds, the next significant target would be $2.50.
Reaching the $2.50 target would represent a roughly 21% increase from current levels. This move would likely require a combination of positive project developments and overall market bullishness.
Volume will be crucial in confirming any significant price movements. An increase in trading volume accompanying a price surge would validate the uptrend.
For traders, the current consolidation around $2.05-$2.10 might offer entry opportunities, but it's wise to wait for a clear break above resistance before taking larger positions.
{future}(SUIUSDT)
#NeiroOnBinance #KryptoAlchemy
#MemeCoinTrending #Write2Earn! #BTCUptober
🚀 Ether (ETH) is eyeing the $3,000 mark, with an inverse head-and-shoulders pattern suggesting a bullish breakout! Analysts are optimistic, predicting a potential climb to $4,000 by year-end and a new all-time high in Q1 2025.
However, it's not all moon missions and Lambos. Some traders warn of a possible dip to $2,400 before the rally, citing technical patterns and RSI indicators.
Will ETH soar or stumble? Grab your popcorn, folks—this crypto drama is just getting started! 🍿
#ETH #CryptoNews #Blockchain
🚀 Ether Ready to Rocket Past $3,000? 🚀
Hold onto your digital wallets, folks! Ether (ETH) might just break the $3,000 barrier, thanks to a bullish "inverse head-and-shoulders" pattern. 📈
🔹 Analyst Mikybull says this setup hints at a short-term rally.
🔹 Crypto trader Daink predicts ETH could hit $4,000 by year-end and reach new highs in Q1 2025.
But wait, there's a twist! Some analysts warn of a dip to $2,400 before the big climb. Justin Bennett points to a "diamond reversal pattern" suggesting a short-term correction.
What do you think? Bullish or bearish? Drop your thoughts below! 👇
**Ether Eyes $3,000 Mark Amid Mixed Predictions**
Ether (ETH) is showing signs of a potential rally above the $3,000 mark, according to a technical chart pattern. Analysts point to an inverse head-and-shoulders formation, often signaling a bullish reversal. One analyst suggests a short-term target of $3,000, while another predicts a climb to $4,000 by year-end, with an all-time high expected in Q1 2025.
However, not everyone is optimistic. Some traders warn of a possible dip to $2,400, citing a diamond reversal pattern and a high relative strength index (RSI). Ether remains in a seven-month downtrend, down 36% from its March 2024 high.