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In a bold stance, Federal Reserve Chair Jerome Powell declared he would not step down even if President-elect Trump requested it.
This sets up a potential high-stakes clash at the top of U.S. economic power.
Powell, known for his steady approach to monetary policy, appears ready to defend the Fed’s independence.
With Trump's unpredictable economic views and Powell's firm stance, could this lead to one of the most intense Fed-vs.-White-House standoffs in modern history?
The $BANANA /USDT pair is down by -5.41%, currently trading at $58.77 after a dramatic dip from its 24h high of $62.24. This recent drop has sparked intense interest in the market as volumes soar with 162.74M BANANA traded in the last 24 hours!
Key Levels to Watch:
Support was tested at $57.70 and held firm.
Resistance is forming around the $60.64 mark. Bulls are pushing back, but will it be enough?
Order Book shows 54.48% buyers trying to regain control, but sellers are not backing down with 45.52% on the offensive. The next few hours could be decisive.
Is this a buying opportunity, or will BANANA fall further? Eyes are on the chart!
In an unexpected market turn, a $55K long liquidation just occurred as SAND dropped to $0.644, catching many long traders off guard.
This sudden downturn highlights the volatile nature of the market and the risks that come with bullish positioning in such a dynamic environment.
Key Details:
Long Liquidation Amount: $55,000
Current Price: $0.644 (latest value of $SAND )
Market Impact: A sharp price drop triggered forced liquidations, shaking up the bullish momentum and adding downward pressure on the market.
As the price of $SAND hits a critical support zone, traders are left scrambling to adjust their positions.
The liquidation reflects the vulnerability of long positions when the market moves unpredictably.
The downturn could signal further pressure or potentially a temporary consolidation before another move.
With liquidations adding fuel to the fire, traders are closely watching to see if SAND can stabilize and reverse course or if the bears will continue their control.
The volatility is palpable, and $SAND is proving to be one of the most exciting tokens to track in this current market cycle.
Stay vigilant — the market's next move could happen at any moment, and in this environment, anything is possible!
#MOODENG Short Liquidation: $51K Triggered at $0.408!
The crypto market has just experienced a stunning $51K short liquidation as $MOODENG soared to $0.408, shaking up the positions of short traders caught off-guard by this sudden surge.
The market volatility is on full display, as this move underscores the unpredictable nature of the market and the power of quick momentum shifts.
Key Highlights:
Short Liquidation Amount: $51,000
Current Price: $0.408 (latest value of $MOODENG)
Market Impact: A powerful squeeze, forcing shorts to cover their positions, further fueling the upward pressure on $MOODENG.
The #MOODENG token has shown remarkable strength, breaking through key resistance levels and triggering significant short liquidations.
As positions are closed, the buying frenzy intensifies, making it an exhilarating moment for traders in the market.
With the price action shifting in favor of the bulls, traders are eager to see whether this upward momentum will continue or if a potential retracement could be in the cards.
The market is volatile, and $MOODENG could be the next big mover!
Stay tuned as the excitement continues to unfold — anything could happen in this fast-paced market!
A massive $91.5K short position has just been liquidated at $43.44, propelling Avalanche ($AVAX ) higher as bullish momentum intensifies.
This liquidation reveals the growing strength in the market, with short sellers forced out, driving $AVAX closer to key resistance levels.
With AVAX breaking through critical price zones, traders are now focused on whether this rally will continue or if resistance will slow down the momentum.
Is $AVAX set for a new rally, or will it consolidate at these levels?
Market Insight: Large liquidations can create rapid price movements—stay cautious and keep your strategies agile in this volatile market.
A notable $50.2K long position has been liquidated at $55.04, marking increased selling pressure on Zcash ($ZEC ).
This liquidation signals a significant bearish move, leaving long traders vulnerable as ZEC faces challenges at this price level.
With volatility heating up, traders are now closely watching key support zones to determine if $ZEC can stabilize or if further downside action is imminent.
Pro Tip:
Liquidations often trigger heightened price swings—stay cautious and adapt your strategies to the market’s rhythm.