#Cfx is trading in the symmetric triangle. The support is $0 | Kriptoloji on Binance Square

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#Cfx is trading in the symmetric triangle. The support is $0.341-$0.35 area and we might see a bounce from here. You can look for a long position near the support level. If the price is unable to hold the support of the $0.341 area then we see a move toward the $0.30 level.#BTC

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BTC

54,963.01

+1.65%

NEAR

3.781

+2.94%

CFX

0.1307

+3.07%

2.1k

0

Replies 0

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The US Non-Farm Payrolls data was announced as 142k. Expectation: 164k, Previous: 114k Distinctive Features and Potential of #dappOS DappOS offers a system that effectively enables decentralized applications (dApps) and blockchains to fulfill their "intents." This system creates a two-sided marketplace, benefiting both service providers and developers. One of its standout features is OMS (Optimistic Minimum Stake), which allows service providers to perform tasks with collateral staked upfront. Even in case of failure, users are compensated with this collateral. @dappOS_com has the potential to lead the intent narrative in the future, strengthened by significant VC support and high-level projects integrating it. With backing from investors like Polychain and BinanceLabs, as well as integrations with projects such as GM X and Benqi Finance, dappOS is well-positioned for growth. #dappOSTheFutureofIntents What is dappOS? dappOS is a project that aims to simplify the development and deployment of dApps across various blockchain networks. Its infrastructure enables users to easily access dApps across different chains and provides a mobile experience similar to Web2. #BinanceWeb3Wallet Key Features 📈dappOS Account: Functions as a Web3 ID. 📈dappOS Network: Serves as the protocol's entire environment. Perpetual Trading on DEXes became a trending topic in 2023, with the total value locked (TVL) in the derivatives sector exceeding $1.21 billion. GM X leads this space, and dappOS’s focus on Perps Dex is a strategic move. Now, they’re running a campaign with Binance Web3 Wallet, offering a 500,000 $ prize pool. It’s a solid chance to stack some on-chain interactions and grab rewards There are 2 tasks: ▸ Deposit into dappOS and mint intent assets ▸ Use any of their ecosystem dApps

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#Bitcoin 's current movements are highly influenced by liquidation levels, and holding the $53k region is crucial not only technically but also psychologically for the market. If we see a strong rebound from this area, it could signal a bullish continuation. However, if the price dips below $53k, it may trigger significant selling pressure, increasing the likelihood of a pullback towards the $49-46k range. It’s essential for traders to adjust their strategies and focus on risk management in these volatile conditions. $BTC #USNonFarmPayrollReport

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While we're earning money through hard work, it's a struggle in the crypto world, surrounded by people who inherited wealth from their parents or made a ton of money through il le gal means. $BTC #USNonFarmPayrollReport

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Today is an important day, volatility has already increased. The U.S. Non-Farm Payrolls and Unemployment data will be released today at 3:30 PM. $BTC #NFPWatch

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September: A Critical Month for #Bitcoin What to Expect? US Economic Data: Key Reports for September #CPI (Consumer Price Index) Data (September 11): The CPI data for August will reveal the inflation trend. With inflation at 2.9% in July, a lower August figure could increase the likelihood of a Fed interest rate cut. #PPI (Producer Price Index) Data (September 12): The PPI measures changes in producer prices and reflects inflationary pressures in the supply chain. With PPI at 2.2% year-on-year in July, a continuation of this trend could influence the Fed's interest rate policies. #FOMC Meeting (September 18): The Fed's decision on interest rates will be shaped by the CPI and PPI data. Changes in interest rates could impact the crypto market significantly. Presidential Debates: - Donald Trump: Trump has shown a crypto-friendly stance, proposing the creation of a Bitcoin strategic reserve and supporting US crypto miners. This could have a positive effect on the crypto community. - Kamala Harris: Harris's stance on crypto remains unclear; however, statements from her campaign advisor suggest support for crypto and emerging technologies. Her lack of a definitive position on crypto creates some uncertainty. Market Sentiment: - Increased pessimism in the crypto market might present an opportunity for recovery. As fear and uncertainty rise among investors, there could be a higher chance for market improvement. Economic Concerns: - Low private sector job growth and general economic stagnation risks could negatively impact the crypto market. Bitcoin and Ethereum prices may experience volatility in September based on economic data releases and presidential debates. Interest rate decisions and economic indicators will play a crucial role in determining the direction of the crypto market.$BTC

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