1h TF. The instrument is actively growing and has once again approached a cascade of many resistance levels with confirming touches that indicate the accumulation of unrealized liquidity behind them. Keeping the price below the levels shows us the power of buyers pushing the price to move. I am considering a smooth approach with consolidation along the cascade and an impulse movement with the withdrawal of liquidity.
The latest Consumer Price Index (CPI) data has been released, providing critical insights into inflation trends that are influencing the crypto market. BNB has shown resilience, posting a 3% increase, while #TopCoinsJune2024 display varied reactions, reflecting market sensitivity to economic indicators. Understanding CPI is crucial as it helps predict market movements and investor sentiment.
To stay on top of these changes, you can check the CPI data through official government websites like the U.S. Bureau of Labor Statistics or reliable financial news outlets. Monitoring these updates regularly can give you a strategic advantage in anticipating market shifts. For real-time analysis, use financial tools and platforms that offer CPI tracking and market alerts, helping you make more informed decisions.
#CPIAlert #BNBAnalysis #BNBUSDT *Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.*
#calendar #Cryptoz ⚡️ Calendar of key events for this week:
Monday, March 4th: - there is nothing important
Tuesday, March 5th: 🇪🇺Euro zone - CPI inflation (Jan) 🇺🇸USA - Services/Composite PMI (Feb) 🇺🇸USA - ISM Non-Manufacturing PMI (Feb) 🇺🇸USA - Factory Orders (Jan)
Wednesday, March 6: 🇺🇸USA - ADP Nonfarm Employment (Feb) 🇺🇸Speech by the head of the Federal Reserve J.Powell's 🇺🇸USA - The number of open vacancies in the JOLTS labor market (Jan) 🇺🇸USA - Beige Book
Thursday, March 7th: 🇪🇺Eurozone - ECB Rate 🇺🇸USE - Initial Jobless Claims 🇺🇸Speech by the head of the Federal Reserve J.Powell's
Friday, March 8: 🇺🇸USA - Fed Balance Sheet 🇪🇺Euro zone - GDP (Q4 2023) 🇺🇸USA - Nonfarm Payrolls (Feb) 🇺🇸USA - Unemployment Day (Feb)
"Earning Passive Income through Cryptocurrency Staking on Binance: A Beginner's Guide"
Are you looking to make your cryptocurrency work for you? 💰 Look no further than Binance's staking feature! 🚀 Staking is a fantastic way to earn passive income by simply holding certain cryptocurrencies in your Binance wallet. Here's how you can start earning daily, weekly, or monthly income through cryptocurrency staking on the Binance app.1. What is Staking?Staking involves holding cryptocurrencies in a wallet to support the operations of a blockchain network. In return, you receive rewards