User-92dae
@Square-Creator-92dae5eb62d3
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TOMORROW IS NEW YEAR....
🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁
I wish you in advance....
Happy New Year Guys..
In this Year you all have to take oath with me..... that you become financially free in this Year...
I support all you guys with my Knowledge and experience To make you Self Dependent......
...........
LAST WORDS....
Before Going to Sleep You all have to do one thing...
Repeat this word with me in night...
🔴 I Become Financially free in This New Year...
🔴 I HAVE to Retire My whole Bloodline...
🔴 I HAVE to Become Millionaire in this Year..
🔴 I Make Someone's Salary just in One Day.
🔴 Nobody can defeat me..... Because I am Rich..I am Rich....I am Rich.....
...............................................
Guys I love You...
I can do whatever it takes to help you only you have to take Action with me...
...................................................
My loving Followers...
Tomorrow is New Year and I am waiting for your Surprises...
Make my New Year with full of Surprises....🎁🎁🎁🎁🎁
Hee...Hee😁😁
🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁🎁
I wish you in advance....
Happy New Year Guys..
In this Year you all have to take oath with me..... that you become financially free in this Year...
I support all you guys with my Knowledge and experience To make you Self Dependent......
...........
LAST WORDS....
Before Going to Sleep You all have to do one thing...
Repeat this word with me in night...
🔴 I Become Financially free in This New Year...
🔴 I HAVE to Retire My whole Bloodline...
🔴 I HAVE to Become Millionaire in this Year..
🔴 I Make Someone's Salary just in One Day.
🔴 Nobody can defeat me..... Because I am Rich..I am Rich....I am Rich.....
...............................................
Guys I love You...
I can do whatever it takes to help you only you have to take Action with me...
...................................................
My loving Followers...
Tomorrow is New Year and I am waiting for your Surprises...
Make my New Year with full of Surprises....🎁🎁🎁🎁🎁
Hee...Hee😁😁
#
$BTC Short Liquidation: $5.0096K at $92,769.6 – A Bitcoin Bull Run Claims Another Bear
In an electrifying turn of events, a short position worth $5.0096K on Bitcoin (BTC) was liquidated at an astonishing price of $92,769.6.
This thrilling development underscores the sheer power of Bitcoin’s bullish momentum, leaving traders and analysts in awe of its relentless ascent.
1. The Bearish Bet: The trader entered a short position, anticipating Bitcoin’s price to retreat from the $92,769.6 level.
Instead,$BTC surged higher, triggering the liquidation and forcing the trader out of their position.
2. The Liquidation Event:
Price Surge: Bitcoin’s explosive upward movement pushed it past the trader’s margin threshold.
Forced Buyback: The
$BTC
#SolvProtocolMegadrop #BinanceAlphaAlert #BTCBelow92K #DEXVolumeRecord #BTCMiningPeak
In an electrifying turn of events, a short position worth $5.0096K on Bitcoin (BTC) was liquidated at an astonishing price of $92,769.6.
This thrilling development underscores the sheer power of Bitcoin’s bullish momentum, leaving traders and analysts in awe of its relentless ascent.
1. The Bearish Bet: The trader entered a short position, anticipating Bitcoin’s price to retreat from the $92,769.6 level.
Instead,$BTC surged higher, triggering the liquidation and forcing the trader out of their position.
2. The Liquidation Event:
Price Surge: Bitcoin’s explosive upward movement pushed it past the trader’s margin threshold.
Forced Buyback: The
$BTC
#SolvProtocolMegadrop #BinanceAlphaAlert #BTCBelow92K #DEXVolumeRecord #BTCMiningPeak
#
Thing i regret the most is I didnt buy enough $BNB to stake in 2024.#2024Review
#
BuerTrades
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The biggest concern for bulls right now is losing the 50EMA on the daily chart. While this may seem concerning, let me remind you that this year alone, we’ve lost this support multiple times, closed below it, and reclaimed it with massive green candles within 1–3 days.
Will the bulls step back in? Just wait and watch. Personally, I’m bidding here again.
#btc
Will the bulls step back in? Just wait and watch. Personally, I’m bidding here again.
#btc
#
Can someone help me to understand this?
I bought Squid Game 2 Tokens with 50USDT on Binance Web3. But there is not Squid 2 tokens even i cannot see any history to check if i have swapped and forgot.
How can i trace this activity? #web3 #solve #Squid2
I bought Squid Game 2 Tokens with 50USDT on Binance Web3. But there is not Squid 2 tokens even i cannot see any history to check if i have swapped and forgot.
How can i trace this activity? #web3 #solve #Squid2
#
🚨Elon Musk rings alarm bells, says the U.S. is going bankrupt, and urges immediate action …🚨
(else, the dollar's going to be worth nothing)
Elon Musk, the world's richest man and CEO of Tesla, has issued a stark warning about America's financial future. Speaking on The Joe Rogan Experience, Musk expressed serious concerns about the U.S. national debt, which has reached a staggering $36.17 trillion.
According to Musk, if drastic measures aren't taken soon, the dollar's value could plummet to "nothing," leaving the country in financial ruin.
Musk pointed out a troubling reality: interest payments on the debt are consuming an alarming 23% of all government revenue — a figure that's steadily rising.
"If we don't act,the entire government budget will be used just to pay interest," he explained. This would leave no funds for critical programs like Social Security or Medicare. Musk's grim assessment paints a picture of a potential economic meltdown if reforms aren't enacted quickly.
The numbers back up Musk's concerns. In fiscal year 2024, the federal government spent $1.1265 trillion on interest payments alone, compared to $4.92 trillion in total revenue.
With interest costs eating away at the budget, Musk's warning is a wake-up call for policymakers and citizens alike. Will America act in time to prevent this financial catastrophe?
🔸Can the U.S. Avoid Bankruptcy?
Although some of the specialists, such as the analysts from J.P. Morgan, argue that the US is not going to default in light of the unusual possibility of issuance of debt in the US currency, Musk does not point to the negative effects of an too rapid "monetization" of the money. This method may avoid a technical default, but it may result in runaway inflation and hence the devaluation of the dollar.
Given these challenges, Musk and financial wisemen propose practical solutions for people to protect their wealth:
Investing in Real Estate: Property values tend to increase with inflation, providing value growth and rental income. Crowdfunding sites and REITs lend themselves even to very small investors.
Buying Strong Stocks: Musk recommends investing in companies that create valuable products, like Tesla and Apple, which have delivered significant returns in recent years.
Gold as a Safe Haven: Gold continues to be an evergreen asset to combat inflation, with prices skyrocketing during times of economic instability.
What did Elon Musk say about the U.S. economy?
Elon Musk warned that the U.S. is heading toward bankruptcy if immediate action isn't taken. He stated that the dollar could lose its value completely due to the rising national debt and inflation.
🔸Why does Musk think the U.S. is going bankrupt?
He pointed to the $36.17 trillion national debt and said that interest payments alone account for 23% of government income. This leaves little room for funding essential programs like Social Security and Medicare.
#ElonMusk
Elon Musk, the world's richest man and CEO of Tesla, has issued a stark warning about America's financial future. Speaking on The Joe Rogan Experience, Musk expressed serious concerns about the U.S. national debt, which has reached a staggering $36.17 trillion.
According to Musk, if drastic measures aren't taken soon, the dollar's value could plummet to "nothing," leaving the country in financial ruin.
Musk pointed out a troubling reality: interest payments on the debt are consuming an alarming 23% of all government revenue — a figure that's steadily rising.
"If we don't act,the entire government budget will be used just to pay interest," he explained. This would leave no funds for critical programs like Social Security or Medicare. Musk's grim assessment paints a picture of a potential economic meltdown if reforms aren't enacted quickly.
The numbers back up Musk's concerns. In fiscal year 2024, the federal government spent $1.1265 trillion on interest payments alone, compared to $4.92 trillion in total revenue.
With interest costs eating away at the budget, Musk's warning is a wake-up call for policymakers and citizens alike. Will America act in time to prevent this financial catastrophe?
🔸Can the U.S. Avoid Bankruptcy?
Although some of the specialists, such as the analysts from J.P. Morgan, argue that the US is not going to default in light of the unusual possibility of issuance of debt in the US currency, Musk does not point to the negative effects of an too rapid "monetization" of the money. This method may avoid a technical default, but it may result in runaway inflation and hence the devaluation of the dollar.
Given these challenges, Musk and financial wisemen propose practical solutions for people to protect their wealth:
Investing in Real Estate: Property values tend to increase with inflation, providing value growth and rental income. Crowdfunding sites and REITs lend themselves even to very small investors.
Buying Strong Stocks: Musk recommends investing in companies that create valuable products, like Tesla and Apple, which have delivered significant returns in recent years.
Gold as a Safe Haven: Gold continues to be an evergreen asset to combat inflation, with prices skyrocketing during times of economic instability.
What did Elon Musk say about the U.S. economy?
Elon Musk warned that the U.S. is heading toward bankruptcy if immediate action isn't taken. He stated that the dollar could lose its value completely due to the rising national debt and inflation.
🔸Why does Musk think the U.S. is going bankrupt?
He pointed to the $36.17 trillion national debt and said that interest payments alone account for 23% of government income. This leaves little room for funding essential programs like Social Security and Medicare.
#ElonMusk
#
Elon Musk has reaffirmed his $1 billion offer to purchase Wikipedia, initially made last year. Despite the Wikimedia Foundation's statement that the platform is not for sale, Musk's proposal remains on the table.
Musk's offer aims to address concerns about the Wikimedia Foundation’s financial management and suggests that the acquisition could improve Wikipedia’s accuracy. However, the offer includes a controversial condition: renaming Wikipedia to "D*ickipedia" for at least a year.
While the offer remains open, it is unclear whether Wikipedia will accept Musk’s proposal.
#ElonMusk
#Wikipedia #WikimediaFoundation
#TechNews
#BusinessAcquisition #FinancialManagement
#PlatformAccuracy #NameChange
Musk's offer aims to address concerns about the Wikimedia Foundation’s financial management and suggests that the acquisition could improve Wikipedia’s accuracy. However, the offer includes a controversial condition: renaming Wikipedia to "D*ickipedia" for at least a year.
While the offer remains open, it is unclear whether Wikipedia will accept Musk’s proposal.
#ElonMusk
#Wikipedia #WikimediaFoundation
#TechNews
#BusinessAcquisition #FinancialManagement
#PlatformAccuracy #NameChange
#
8 Easy Reversal Patterns to Boost Your Trading Wins
No matter where you are in your trading journey—beginner or expert—this guide will help refine your strategy. Let’s break it down step by step:
1️⃣ Head and Shoulders 🧠
What it shows: Signals a trend reversal from bullish to bearish.How to identify: Look for three peaks—the middle (head) is the tallest, with two shorter ones (shoulders). Watch for a neckline break.Best strategy: Wait for a neckline breakdown to confirm the reversal.Pro Tip: Use volume analysis—a breakdown with increased selling pressure is more reliable.
2️⃣ Double Top 📉
What it shows: A bearish reversal at the end of an uptrend.How to identify: Price hits resistance twice, forming two peaks, then drops.Best strategy: Enter a short trade after the support line breaks.Pro Tip: Confirm the setup with RSI showing overbought conditions.
3️⃣ Double Bottom 📈
What it shows: A bullish reversal at the end of a downtrend.How to identify: Price tests support twice, creating two valleys, then moves up.Best strategy: Go long after the resistance level is broken.Pro Tip: Combine this with MACD divergence for stronger confirmation.
4️⃣ Triple Top 🔻
What it shows: A stronger bearish reversal.How to identify: Price forms three peaks at similar levels before dropping.Best strategy: Short the market once price closes below the support line.Pro Tip: Higher timeframes (e.g., 4H, Daily) offer more reliable signals.
5️⃣ Triple Bottom 🚀
What it shows: A stronger bullish reversal.How to identify: Price forms three troughs at the same level, then rallies.Best strategy: Enter long after breaking through resistance.Pro Tip: Watch for increased volume during the breakout—it strengthens the signal.
6️⃣ Rounding Top 🌀
What it shows: A slow bearish reversal.How to identify: Price forms an arc-like curve, resembling an upside-down bowl.Best strategy: Short the market after breaking the support line.Pro Tip: Combine with declining volume for better accuracy.
7️⃣ Rounding Bottom 🥏
What it shows: A gradual bullish reversal.How to identify: Price forms an upward curve, similar to a bowl.Best strategy: Enter long after resistance breaks.Pro Tip: This is often a precursor to long-term uptrends—ideal for swing trading.
8️⃣ Cup and Handle ☕
What it shows: A continuation pattern that leads to a bullish breakout.How to identify: Price forms a U-shaped cup followed by a smaller handle before breaking out.Best strategy: Enter long after the handle breakout.Pro Tip: The handle pullback to 50%-61.8% of the cup’s height is a prime entry point.
How to Use These Patterns Effectively
🔍 Combine tools: Use reversal patterns alongside indicators like RSI, MACD, or Bollinger Bands.
📏 Timeframes matter: Patterns on higher timeframes (e.g., 4H, Daily) are more reliable.
📊 Volume is key: Look for significant volume changes to confirm reversals.
🚦 Risk management: Always set stop-loss levels at critical support or resistance zones.
#BinanceAlphaAlert #BitwiseBitcoinETF #PATTERN #BTCXmasOrDip? #Crypto2025Trends
1️⃣ Head and Shoulders 🧠
What it shows: Signals a trend reversal from bullish to bearish.How to identify: Look for three peaks—the middle (head) is the tallest, with two shorter ones (shoulders). Watch for a neckline break.Best strategy: Wait for a neckline breakdown to confirm the reversal.Pro Tip: Use volume analysis—a breakdown with increased selling pressure is more reliable.
2️⃣ Double Top 📉
What it shows: A bearish reversal at the end of an uptrend.How to identify: Price hits resistance twice, forming two peaks, then drops.Best strategy: Enter a short trade after the support line breaks.Pro Tip: Confirm the setup with RSI showing overbought conditions.
3️⃣ Double Bottom 📈
What it shows: A bullish reversal at the end of a downtrend.How to identify: Price tests support twice, creating two valleys, then moves up.Best strategy: Go long after the resistance level is broken.Pro Tip: Combine this with MACD divergence for stronger confirmation.
4️⃣ Triple Top 🔻
What it shows: A stronger bearish reversal.How to identify: Price forms three peaks at similar levels before dropping.Best strategy: Short the market once price closes below the support line.Pro Tip: Higher timeframes (e.g., 4H, Daily) offer more reliable signals.
5️⃣ Triple Bottom 🚀
What it shows: A stronger bullish reversal.How to identify: Price forms three troughs at the same level, then rallies.Best strategy: Enter long after breaking through resistance.Pro Tip: Watch for increased volume during the breakout—it strengthens the signal.
6️⃣ Rounding Top 🌀
What it shows: A slow bearish reversal.How to identify: Price forms an arc-like curve, resembling an upside-down bowl.Best strategy: Short the market after breaking the support line.Pro Tip: Combine with declining volume for better accuracy.
7️⃣ Rounding Bottom 🥏
What it shows: A gradual bullish reversal.How to identify: Price forms an upward curve, similar to a bowl.Best strategy: Enter long after resistance breaks.Pro Tip: This is often a precursor to long-term uptrends—ideal for swing trading.
8️⃣ Cup and Handle ☕
What it shows: A continuation pattern that leads to a bullish breakout.How to identify: Price forms a U-shaped cup followed by a smaller handle before breaking out.Best strategy: Enter long after the handle breakout.Pro Tip: The handle pullback to 50%-61.8% of the cup’s height is a prime entry point.
How to Use These Patterns Effectively
🔍 Combine tools: Use reversal patterns alongside indicators like RSI, MACD, or Bollinger Bands.
📏 Timeframes matter: Patterns on higher timeframes (e.g., 4H, Daily) are more reliable.
📊 Volume is key: Look for significant volume changes to confirm reversals.
🚦 Risk management: Always set stop-loss levels at critical support or resistance zones.
#BinanceAlphaAlert #BitwiseBitcoinETF #PATTERN #BTCXmasOrDip? #Crypto2025Trends
#
USDT Faces Potential Ban in Europe Over MiCA Compliance by Dec 30
Tether's USDT, the largest stablecoin by market cap, could be removed from European exchanges due to non-compliance with MiCA regulations. With the December 30 deadline approaching, uncertainty looms over its future.
Failure to meet MiCA's requirements may lead to a ban, disrupting liquidity and increasing transaction costs. Critics point to halted token issuance and ongoing concerns about Tether's audit practices.
Exchanges like Coinbase have already warned users to switch to compliant alternatives, such as USDC, as the regulatory deadline nears. The crypto community remains divided on the impact of stricter oversight.
#USDT #Tether #MiCA #Crypto #Stablecoins
Tether's USDT, the largest stablecoin by market cap, could be removed from European exchanges due to non-compliance with MiCA regulations. With the December 30 deadline approaching, uncertainty looms over its future.
Failure to meet MiCA's requirements may lead to a ban, disrupting liquidity and increasing transaction costs. Critics point to halted token issuance and ongoing concerns about Tether's audit practices.
Exchanges like Coinbase have already warned users to switch to compliant alternatives, such as USDC, as the regulatory deadline nears. The crypto community remains divided on the impact of stricter oversight.
#USDT #Tether #MiCA #Crypto #Stablecoins
#
Binance's Hidden Strategy to Earn More BIO from Launchpool
As Binance unveils its 63rd Launchpool project—BIO Protocol (BIO)—crypto enthusiasts have an exciting opportunity to dive into the future of Decentralized Science (DeSci).
BIO Protocol is a curation and liquidity protocol designed to redefine how research and innovation are funded and shared globally. This revolutionary project provides participants with an attractive staking reward structure and an added layer of incentives for token holders.
✅ Before We Dive In:
👉 Like and share this post to ensure more people learn how to change their lives. Your support means the world to me.
Binance Launchpool Details
Token Name: BIO Protocol ($BIO)
Max Token Supply: 3,320,000,000 BIO (dynamic, subject to network governance)
Total Genesis Token Supply: 3,320,000,000 BIO
Launchpool Token Rewards: 99,600,000 BIO (3% of total genesis token supply)
Initial Circulating Supply (on Binance Spot listing): 1,296,529,168 BIO (39.05% of genesis supply)
Farming Start Date: 2024-12-24 00:00 (UTC)
Listing Date: 2025-01-03 10:00 (UTC)
Trading Pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, BIO/TRY
Hourly Hard Cap per User:
BNB Pool: 35,275 BIO
FDUSD Pool: 6,225 BIO
How to Get an Extra Airdrop
Binance users holding Pump Science tokens ($RIF and $URO) are eligible for an additional benefit. 5% of newly launched tokens will be distributed to Pump Science token holders as airdrops, starting with BIO Protocol (BIO).
This means $RIF and $URO holders will receive a bonus airdrop of BIO tokens directly, offering an exciting way to earn even more from this innovative project. The first airdrop coincides with BIO’s listing on Binance on January 3, 2025.
Leverage this dual opportunity—stake your BNB/FDUSD in Launchpool for regular BIO rewards, and hold Pump Science tokens for extra BIO airdrops!
#BinanceLaunchpool
#BinanceLaunchpoolBIO
#Crypto2025Trends
BIO Protocol is a curation and liquidity protocol designed to redefine how research and innovation are funded and shared globally. This revolutionary project provides participants with an attractive staking reward structure and an added layer of incentives for token holders.
✅ Before We Dive In:
👉 Like and share this post to ensure more people learn how to change their lives. Your support means the world to me.
Binance Launchpool Details
Token Name: BIO Protocol ($BIO)
Max Token Supply: 3,320,000,000 BIO (dynamic, subject to network governance)
Total Genesis Token Supply: 3,320,000,000 BIO
Launchpool Token Rewards: 99,600,000 BIO (3% of total genesis token supply)
Initial Circulating Supply (on Binance Spot listing): 1,296,529,168 BIO (39.05% of genesis supply)
Farming Start Date: 2024-12-24 00:00 (UTC)
Listing Date: 2025-01-03 10:00 (UTC)
Trading Pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, BIO/TRY
Hourly Hard Cap per User:
BNB Pool: 35,275 BIO
FDUSD Pool: 6,225 BIO
How to Get an Extra Airdrop
Binance users holding Pump Science tokens ($RIF and $URO) are eligible for an additional benefit. 5% of newly launched tokens will be distributed to Pump Science token holders as airdrops, starting with BIO Protocol (BIO).
This means $RIF and $URO holders will receive a bonus airdrop of BIO tokens directly, offering an exciting way to earn even more from this innovative project. The first airdrop coincides with BIO’s listing on Binance on January 3, 2025.
Leverage this dual opportunity—stake your BNB/FDUSD in Launchpool for regular BIO rewards, and hold Pump Science tokens for extra BIO airdrops!
#BinanceLaunchpool
#BinanceLaunchpoolBIO
#Crypto2025Trends
#
Elon Musk's $1 Billion Wikipedia Proposal: "Still Stands"💡 💡
Elon Musk’s controversial $1 billion offer to rename Wikipedia is still on the table. In a recent exchange on social media, Musk responded to a post that declared “Wikipedia is not for sale” by reaffirming that his generous proposal remains open. The billionaire entrepreneur emphasized that his offer would be valid for at least a year, sparking further curiosity about his intentions.
Musk first suggested the idea earlier this year, proposing to rename the world’s largest online encyclopedia to something along the lines of “The Muskipedia” in exchange for a $1 billion donation. While some saw it as a playful gesture, others speculated about Musk's long-term plans, given his history of bold business moves.
Wikipedia, a nonprofit platform, has long relied on donations to sustain its operations, so Musk’s proposal to buy the rights to its name was met with both intrigue and skepticism. Despite the outcry, Musk remains committed to the idea—highlighting the sometimes unpredictable nature of his ventures.
Whether Musk is serious about acquiring Wikipedia or merely teasing the concept remains to be seen, but for now, his offer “still stands.”
Elon Musk’s controversial $1 billion offer to rename Wikipedia is still on the table. In a recent exchange on social media, Musk responded to a post that declared “Wikipedia is not for sale” by reaffirming that his generous proposal remains open. The billionaire entrepreneur emphasized that his offer would be valid for at least a year, sparking further curiosity about his intentions.
Musk first suggested the idea earlier this year, proposing to rename the world’s largest online encyclopedia to something along the lines of “The Muskipedia” in exchange for a $1 billion donation. While some saw it as a playful gesture, others speculated about Musk's long-term plans, given his history of bold business moves.
Wikipedia, a nonprofit platform, has long relied on donations to sustain its operations, so Musk’s proposal to buy the rights to its name was met with both intrigue and skepticism. Despite the outcry, Musk remains committed to the idea—highlighting the sometimes unpredictable nature of his ventures.
Whether Musk is serious about acquiring Wikipedia or merely teasing the concept remains to be seen, but for now, his offer “still stands.”
#
Binance Announcement
--
Notice of Removal of Spot Trading Pairs - 2024-12-27
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.
Based on our most recent reviews, Binance will remove and cease trading on the following spot trading pairs:
At 2024-12-27 03:00 (UTC): ACE/BTC, ACM/TRY, BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD, TUSD/TRY
Please note:
The delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance.
Binance will terminate Spot Trading Bots services for the aforementioned spot trading pairs at 2024-12-27 03:00 (UTC) where applicable. Users are strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
For More Information:
Binance Delisting Guidelines & Frequently Asked QuestionsHow to View Delisting Information for Tokens & Spot Trading Pairs on Binance
Thank you for your support!
Binance Team
2024-12-24
Fellow Binancians,
To protect users and maintain a high quality trading market, Binance conducts periodic reviews of all listed spot trading pairs, and may delist selected spot trading pairs due to multiple factors, such as poor liquidity and trading volume.
Based on our most recent reviews, Binance will remove and cease trading on the following spot trading pairs:
At 2024-12-27 03:00 (UTC): ACE/BTC, ACM/TRY, BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD, TUSD/TRY
Please note:
The delisting of a spot trading pair does not affect the availability of the tokens on Binance Spot. Users can still trade the spot trading pair’s base and quote assets on other trading pair(s) that are available on Binance.
Binance will terminate Spot Trading Bots services for the aforementioned spot trading pairs at 2024-12-27 03:00 (UTC) where applicable. Users are strongly advised to update and/or cancel their Spot Trading Bots prior to the cessation of Spot Trading Bots services to avoid any potential losses.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
For More Information:
Binance Delisting Guidelines & Frequently Asked QuestionsHow to View Delisting Information for Tokens & Spot Trading Pairs on Binance
Thank you for your support!
Binance Team
2024-12-24
#
How to Make a Profit When the Crypto Market Goes Down
The crypto market is unpredictable—some days prices skyrocket, and other days they fall hard. For most people, a market crash feels like a disaster. But smart traders know that downturns can be full of opportunities to turn a profit. If you’re ready to think differently and act strategically, here’s how you can make the most of a market drop:
1. Short Selling: Betting on the Drop
Short selling lets you profit when prices fall. Here’s how it works:
• Borrow cryptocurrency from a platform or exchange.
• Sell it at today’s price.
• Buy it back later when the price has dropped and return it to the lender.
The difference between the selling price and the lower buyback price is your profit.
Heads-up: This strategy comes with risks. If prices rise instead of falling, you could lose money. Popular platforms like Binance make short selling accessible with tools like #BinanceShortTrade.
2. Hedging with Futures and Options
Futures and options are like safety nets—and they can also help you earn during downturns.
• Futures contracts: Lock in a selling price now, no matter what happens in the future.
• Put options: Buy the right to sell at a specific price later, even if the market crashes.
These tools protect your portfolio while also giving you the chance to profit from price drops.
3. Dollar-Cost Averaging (DCA): Slow and Steady Wins the Race
DCA isn’t just for rising markets—it can be powerful during dips too.
What it means: You invest a fixed amount of money at regular intervals, no matter how the market looks.
Why it works: When prices fall, your money buys more cryptocurrency, lowering your average cost. Later, when the market recovers, you’ll have a nice stash of low-cost crypto ready to profit.
4. Arbitrage: Spotting Price Gaps
Sometimes, a market crash creates differences in cryptocurrency prices across exchanges. Arbitrage is all about spotting and exploiting those gaps.
• Spatial arbitrage: Buy low on one exchange, sell high on another.
• Triangular arbitrage: Use three currencies to profit from exchange rate differences.
This strategy requires quick moves, but the payoff can be worth it.
5. Stablecoins: Safe Harbor in a Storm
If the market feels too unpredictable, consider switching to stablecoins like USDT, USDC, or Binance FDUSD. These are tied to fiat currencies like the U.S. dollar, so they don’t lose value during crashes.
You can still earn while staying safe:
• Yield farming: Stake your stablecoins in DeFi platforms to earn interest.
• Lending: Lend them out for passive income.
Stablecoins help you hold steady until the storm passes.
Don’t Just Survive—Thrive
A bear market isn’t just about survival; it’s a chance to learn, grow, and get ready for the next bull run. Use this time to deepen your understanding of blockchain, trading, and market trends. The more you know, the better prepared you’ll be
Remember:
• Set stop-loss orders to limit risks.
• Stay calm—don’t let emotions drive your decisions.
• Only invest what you can afford to lose.
Crypto downturns can feel daunting, but with the right mindset and strategies, you can turn them into opportunities to build wealth.
Disclaimer:
This guide is for educational purposes only. Financial decisions are your responsibility and come with risks. Adapted for Binance.com; images are courtesy of PicASAP.com. Redistribution of images without permission is not allowed. Best of luck out there!
please like and follow
1. Short Selling: Betting on the Drop
Short selling lets you profit when prices fall. Here’s how it works:
• Borrow cryptocurrency from a platform or exchange.
• Sell it at today’s price.
• Buy it back later when the price has dropped and return it to the lender.
The difference between the selling price and the lower buyback price is your profit.
Heads-up: This strategy comes with risks. If prices rise instead of falling, you could lose money. Popular platforms like Binance make short selling accessible with tools like #BinanceShortTrade.
2. Hedging with Futures and Options
Futures and options are like safety nets—and they can also help you earn during downturns.
• Futures contracts: Lock in a selling price now, no matter what happens in the future.
• Put options: Buy the right to sell at a specific price later, even if the market crashes.
These tools protect your portfolio while also giving you the chance to profit from price drops.
3. Dollar-Cost Averaging (DCA): Slow and Steady Wins the Race
DCA isn’t just for rising markets—it can be powerful during dips too.
What it means: You invest a fixed amount of money at regular intervals, no matter how the market looks.
Why it works: When prices fall, your money buys more cryptocurrency, lowering your average cost. Later, when the market recovers, you’ll have a nice stash of low-cost crypto ready to profit.
4. Arbitrage: Spotting Price Gaps
Sometimes, a market crash creates differences in cryptocurrency prices across exchanges. Arbitrage is all about spotting and exploiting those gaps.
• Spatial arbitrage: Buy low on one exchange, sell high on another.
• Triangular arbitrage: Use three currencies to profit from exchange rate differences.
This strategy requires quick moves, but the payoff can be worth it.
5. Stablecoins: Safe Harbor in a Storm
If the market feels too unpredictable, consider switching to stablecoins like USDT, USDC, or Binance FDUSD. These are tied to fiat currencies like the U.S. dollar, so they don’t lose value during crashes.
You can still earn while staying safe:
• Yield farming: Stake your stablecoins in DeFi platforms to earn interest.
• Lending: Lend them out for passive income.
Stablecoins help you hold steady until the storm passes.
Don’t Just Survive—Thrive
A bear market isn’t just about survival; it’s a chance to learn, grow, and get ready for the next bull run. Use this time to deepen your understanding of blockchain, trading, and market trends. The more you know, the better prepared you’ll be
Remember:
• Set stop-loss orders to limit risks.
• Stay calm—don’t let emotions drive your decisions.
• Only invest what you can afford to lose.
Crypto downturns can feel daunting, but with the right mindset and strategies, you can turn them into opportunities to build wealth.
Disclaimer:
This guide is for educational purposes only. Financial decisions are your responsibility and come with risks. Adapted for Binance.com; images are courtesy of PicASAP.com. Redistribution of images without permission is not allowed. Best of luck out there!
please like and follow
#
Flux Bro
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"The STRAT Combos Guide: Unlock Every Setup Like a Pro Trader 🚀" ( I bet, you never knew)
The STRAT trading method is a powerful framework for identifying price action setups with precision. Whether you're a beginner or an experienced trader, mastering STRAT Combos can transform your trading strategy. Here's everything you need to know! 🚀
What Are STRAT Combos? 🤔
STRAT Combos are specific candlestick patterns defined by price continuity or reversals. These combinations help traders spot entries, targets, and momentum in both bullish and bearish setups.
All STRAT Combos Explained (Straight from the Chart) 📝
1️⃣ 2-1-2 Bullish Continuation
Setup:A pullback leads to an inside bar (1).Breakout to the upside with a bullish bar (2).Entry: Above the high of the inside bar.Target: Project the previous range upward.Key Insight: Look for higher volume on the breakout to confirm the trend continuation.
2️⃣ 2-1-2 Bearish Reversal
Setup:Inside bar (1) forms after a bullish candle (2).Followed by a bearish breakout (2).Entry: Below the low of the inside bar.Target: Expect the price to revisit the nearest support level.Pro Tip: Watch for weak rejection wicks at the breakout level to validate the move.
3️⃣ 3-1-2 Bullish Reversal
Setup:Broadening bar (3) forms.Inside bar (1) consolidates, followed by a bullish breakout (2).Entry: Above the high of the inside bar.Target: Measure the broadening range and project it upwards.Key Insight: This pattern works best near key support zones.
4️⃣ 3-1-2 Bearish Reversal
Setup:Broadening bar (3) forms a wide price range.Inside bar (1) consolidates.A bearish breakout (2) confirms the trend reversal.Entry: Below the low of the inside bar.Target: Nearest support or previous lows.Pro Tip: Combine with volume analysis to filter out false breakouts.
5️⃣ 2-1-2 Bearish Continuation
Setup:Inside bar (1) forms after a bearish candle (2).Continuation with another bearish bar (2).Entry: Below the low of the inside bar.Target: Nearest support or Fibonacci extensions.Key Insight: These patterns often form during strong downtrends.
6️⃣ 1-Bar Rev STRAT
Setup:A single bar breaks in one direction but reverses sharply within the same candle.Entry: Enter on the reversal break.Target: Use the candle range as the profit projection.Pro Tip: Spot these during high-impact news for strong reversals.
7️⃣ 3-2-2 Bullish Reversal
Setup:Broadening bar (3) shows price expansion.A bearish bar (2) follows.Reversal confirmed with a bullish bar (2).Entry: Above the high of the bullish reversal bar.Target: Previous resistance or key Fibonacci levels.Key Insight: Often appears after false breakouts—use volume to confirm.
8️⃣ 3-2-2 Bearish Reversal
Setup:Broadening bar (3).A bullish bar (2) is followed by a bearish reversal (2).Entry: Below the low of the bearish reversal bar.Target: Support levels or prior lows.Pro Tip: This pattern is common at resistance zones after failed breakouts.
9️⃣ 2-2 Reversal Bullish
Setup:A bearish bar (2) is followed by a bullish reversal bar (2).Entry: Above the high of the bullish reversal bar.Target: Nearest resistance level.Key Insight: Works well in oversold markets.
🔟 2-2 Reversal Bearish
Setup:A bullish bar (2) is followed by a bearish reversal bar (2).Entry: Below the low of the bearish reversal bar.Target: Nearest support level.Pro Tip: Best used in overbought market conditions.
1️⃣1️⃣ 2-2 Continuation Bullish
Setup:A bullish bar (2) is followed by another bullish continuation bar (2).Entry: Above the high of the second bullish bar.Target: Nearest resistance or Fibonacci extension levels.Key Insight: Look for strong momentum candles to confirm.
1️⃣2️⃣ 2-2 Continuation Bearish
Setup:A bearish bar (2) is followed by another bearish continuation bar (2).Entry: Below the low of the second bearish bar.Target: Nearest support level.Pro Tip: Ideal for trading strong trends—don’t fight the momentum.
1️⃣3️⃣ Rev STRAT 1-2-2 Bullish
Setup:Inside bar (1) shows consolidation.A bearish breakout (2) is followed by a bullish reversal (2).Entry: Above the high of the bullish reversal bar.Target: Resistance or swing highs.Key Insight: Common after strong downtrends hitting support.
1️⃣4️⃣ Rev STRAT 1-2-2 Bearish
Setup:Inside bar (1) consolidates.A bullish breakout (2) is followed by a bearish reversal (2).Entry: Below the low of the bearish reversal bar.Target: Support or previous lows.Pro Tip: Works best in trending markets during pullbacks.
Additional Tips for Trading STRAT Combos 📈
Master Candle Types: Understand how outside bars (3), inside bars (1), and trend bars (2) interact.Volume Matters: Always confirm moves with a volume surge—weak volume signals indecision.Use Multiple Timeframes: Combine higher timeframe analysis for trend direction and lower timeframes for precise entries.Risk Management is Key: Place stop-losses based on ATR or structural levels to avoid unnecessary losses.
Common Mistakes to Avoid ⚠️
Entering Too Early: Wait for clear confirmations before jumping in.Ignoring Broader Trends: Always trade STRAT Combos in the direction of the higher timeframe trend for better odds.Skipping Backtesting: Practice identifying these patterns on historical charts before trading live.
Quick Recap: STRAT Combos in a Nutshell 🥜
✅ Understand the candlestick sequence: Inside bars (1), trend bars (2), and broadening bars (3).
✅ Learn key setups like 2-1-2, 3-1-2, and Rev STRAT 1-2-2.
✅ Focus on clean patterns with volume confirmation for higher success.
✅ Combine with risk management and higher timeframe trends.
📌 Save this post and share it with your trading community—let's crush the charts together! 💪
💬 Which STRAT combo do you use most often? Drop your answers below! 👇
What Are STRAT Combos? 🤔
STRAT Combos are specific candlestick patterns defined by price continuity or reversals. These combinations help traders spot entries, targets, and momentum in both bullish and bearish setups.
All STRAT Combos Explained (Straight from the Chart) 📝
1️⃣ 2-1-2 Bullish Continuation
Setup:A pullback leads to an inside bar (1).Breakout to the upside with a bullish bar (2).Entry: Above the high of the inside bar.Target: Project the previous range upward.Key Insight: Look for higher volume on the breakout to confirm the trend continuation.
2️⃣ 2-1-2 Bearish Reversal
Setup:Inside bar (1) forms after a bullish candle (2).Followed by a bearish breakout (2).Entry: Below the low of the inside bar.Target: Expect the price to revisit the nearest support level.Pro Tip: Watch for weak rejection wicks at the breakout level to validate the move.
3️⃣ 3-1-2 Bullish Reversal
Setup:Broadening bar (3) forms.Inside bar (1) consolidates, followed by a bullish breakout (2).Entry: Above the high of the inside bar.Target: Measure the broadening range and project it upwards.Key Insight: This pattern works best near key support zones.
4️⃣ 3-1-2 Bearish Reversal
Setup:Broadening bar (3) forms a wide price range.Inside bar (1) consolidates.A bearish breakout (2) confirms the trend reversal.Entry: Below the low of the inside bar.Target: Nearest support or previous lows.Pro Tip: Combine with volume analysis to filter out false breakouts.
5️⃣ 2-1-2 Bearish Continuation
Setup:Inside bar (1) forms after a bearish candle (2).Continuation with another bearish bar (2).Entry: Below the low of the inside bar.Target: Nearest support or Fibonacci extensions.Key Insight: These patterns often form during strong downtrends.
6️⃣ 1-Bar Rev STRAT
Setup:A single bar breaks in one direction but reverses sharply within the same candle.Entry: Enter on the reversal break.Target: Use the candle range as the profit projection.Pro Tip: Spot these during high-impact news for strong reversals.
7️⃣ 3-2-2 Bullish Reversal
Setup:Broadening bar (3) shows price expansion.A bearish bar (2) follows.Reversal confirmed with a bullish bar (2).Entry: Above the high of the bullish reversal bar.Target: Previous resistance or key Fibonacci levels.Key Insight: Often appears after false breakouts—use volume to confirm.
8️⃣ 3-2-2 Bearish Reversal
Setup:Broadening bar (3).A bullish bar (2) is followed by a bearish reversal (2).Entry: Below the low of the bearish reversal bar.Target: Support levels or prior lows.Pro Tip: This pattern is common at resistance zones after failed breakouts.
9️⃣ 2-2 Reversal Bullish
Setup:A bearish bar (2) is followed by a bullish reversal bar (2).Entry: Above the high of the bullish reversal bar.Target: Nearest resistance level.Key Insight: Works well in oversold markets.
🔟 2-2 Reversal Bearish
Setup:A bullish bar (2) is followed by a bearish reversal bar (2).Entry: Below the low of the bearish reversal bar.Target: Nearest support level.Pro Tip: Best used in overbought market conditions.
1️⃣1️⃣ 2-2 Continuation Bullish
Setup:A bullish bar (2) is followed by another bullish continuation bar (2).Entry: Above the high of the second bullish bar.Target: Nearest resistance or Fibonacci extension levels.Key Insight: Look for strong momentum candles to confirm.
1️⃣2️⃣ 2-2 Continuation Bearish
Setup:A bearish bar (2) is followed by another bearish continuation bar (2).Entry: Below the low of the second bearish bar.Target: Nearest support level.Pro Tip: Ideal for trading strong trends—don’t fight the momentum.
1️⃣3️⃣ Rev STRAT 1-2-2 Bullish
Setup:Inside bar (1) shows consolidation.A bearish breakout (2) is followed by a bullish reversal (2).Entry: Above the high of the bullish reversal bar.Target: Resistance or swing highs.Key Insight: Common after strong downtrends hitting support.
1️⃣4️⃣ Rev STRAT 1-2-2 Bearish
Setup:Inside bar (1) consolidates.A bullish breakout (2) is followed by a bearish reversal (2).Entry: Below the low of the bearish reversal bar.Target: Support or previous lows.Pro Tip: Works best in trending markets during pullbacks.
Additional Tips for Trading STRAT Combos 📈
Master Candle Types: Understand how outside bars (3), inside bars (1), and trend bars (2) interact.Volume Matters: Always confirm moves with a volume surge—weak volume signals indecision.Use Multiple Timeframes: Combine higher timeframe analysis for trend direction and lower timeframes for precise entries.Risk Management is Key: Place stop-losses based on ATR or structural levels to avoid unnecessary losses.
Common Mistakes to Avoid ⚠️
Entering Too Early: Wait for clear confirmations before jumping in.Ignoring Broader Trends: Always trade STRAT Combos in the direction of the higher timeframe trend for better odds.Skipping Backtesting: Practice identifying these patterns on historical charts before trading live.
Quick Recap: STRAT Combos in a Nutshell 🥜
✅ Understand the candlestick sequence: Inside bars (1), trend bars (2), and broadening bars (3).
✅ Learn key setups like 2-1-2, 3-1-2, and Rev STRAT 1-2-2.
✅ Focus on clean patterns with volume confirmation for higher success.
✅ Combine with risk management and higher timeframe trends.
📌 Save this post and share it with your trading community—let's crush the charts together! 💪
💬 Which STRAT combo do you use most often? Drop your answers below! 👇
#
Elon Musk’s D.O.G.E is coming after the Federal Reserve as it scrambles to explain last week’s hawkish cut
Elon Musk slammed the Federal Reserve, saying it’s “absurdly overstaffed,” while teaming up with Trump to cut $2 trillion in government spending. Trump mocked Jerome Powell’s job at the central bank, calling it the easiest gig ever, and promised to hold the central bank accountable. The Fed’s latest rate cut spooked markets, with major stock indexes dropping over 3% and Bitcoin tumbling, as inflation stays stubborn and rate cuts slow down.
Elon Musk has set his sights on the Federal Reserve, calling it “absurdly overstaffed” in a post on X (formerly Twitter).
The eccentric billionaire, soon to lead the Department of Government Efficiency (D.O.G.E.) under President Donald Trump, seems interested in picking apart the central bank.
His comment came after the central bank announced a disappointing “hawkish rate cut,” leaving markets rattled and drawing sharp criticism from Trump. The Fed employs about 24,000 people across its 12 regional banks and the Board of Governors in Washington, a number Elon and Trump find excessive.
Elon, alongside entrepreneur Vivek Ramaswamy, is leading Trump’s $2 trillion government efficiency overhaul. “We’re trimming the fat,” Trump said during his campaign. “No one gets to sit around collecting a paycheck for doing nothing — not even Jerome Powell.”
Trump and Elon vs. the Fed and Powell
The President has been gunning for the central bank since day one. He blames its monetary policy for holding back economic growth during his first term and has taken many direct jabs at Powell, the Fed Chair he appointed.
“It’s the easiest job in government,” Trump has mocked. “You show up once a month, say something vague, and then leave the rest to chance.”
Elon’s new role as one of Trump’s closest advisors is amplifying these attacks. With D.O.G.E., he plans to overhaul bloated institutions.
Elon Musk slammed the Federal Reserve, saying it’s “absurdly overstaffed,” while teaming up with Trump to cut $2 trillion in government spending. Trump mocked Jerome Powell’s job at the central bank, calling it the easiest gig ever, and promised to hold the central bank accountable. The Fed’s latest rate cut spooked markets, with major stock indexes dropping over 3% and Bitcoin tumbling, as inflation stays stubborn and rate cuts slow down.
Elon Musk has set his sights on the Federal Reserve, calling it “absurdly overstaffed” in a post on X (formerly Twitter).
The eccentric billionaire, soon to lead the Department of Government Efficiency (D.O.G.E.) under President Donald Trump, seems interested in picking apart the central bank.
His comment came after the central bank announced a disappointing “hawkish rate cut,” leaving markets rattled and drawing sharp criticism from Trump. The Fed employs about 24,000 people across its 12 regional banks and the Board of Governors in Washington, a number Elon and Trump find excessive.
Elon, alongside entrepreneur Vivek Ramaswamy, is leading Trump’s $2 trillion government efficiency overhaul. “We’re trimming the fat,” Trump said during his campaign. “No one gets to sit around collecting a paycheck for doing nothing — not even Jerome Powell.”
Trump and Elon vs. the Fed and Powell
The President has been gunning for the central bank since day one. He blames its monetary policy for holding back economic growth during his first term and has taken many direct jabs at Powell, the Fed Chair he appointed.
“It’s the easiest job in government,” Trump has mocked. “You show up once a month, say something vague, and then leave the rest to chance.”
Elon’s new role as one of Trump’s closest advisors is amplifying these attacks. With D.O.G.E., he plans to overhaul bloated institutions.
#
TopCryptoNews
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🇺🇸 USAcoin
Peter Schiff proposes creating a US government token with a limited supply, like Bitcoin's 21 million coins, instead of creating a BTC reserve.
🙃 Peter can't accept the fact that he's wrong about Bitcoin, and suggests creating a government analogue of BTC, and with some kind of modernized blockchain.
It turns out we are waiting for the listing of USAcoin 😀
Peter Schiff proposes creating a US government token with a limited supply, like Bitcoin's 21 million coins, instead of creating a BTC reserve.
🙃 Peter can't accept the fact that he's wrong about Bitcoin, and suggests creating a government analogue of BTC, and with some kind of modernized blockchain.
It turns out we are waiting for the listing of USAcoin 😀
#
Binance Announcement
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Binance Will Support the Fantom (FTM) Token Swap and Rebranding to Sonic (S)
This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance will support the Fantom (FTM) token swap and rebranding to Sonic (S).
At 2025-01-13 03:00 (UTC), Binance will delist all existing FTM spot trading pairs (i.e., FTM/BTC, FTM/BNB, FTM/ETH, FTM/EUR, FTM/FDUSD, FTM/TRY, FTM/USDC, and FTM/USDT) and cancel all pending FTM spot trading orders. At 2025-01-16 08:00 (UTC), Binance will open trading for the S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC, and S/USDT trading pairs.
General
Deposits and WithdrawalsAt 2025-01-13 03:30 (UTC), deposits and withdrawals of FTM tokens will be suspended. Please ensure that you leave sufficient time for your FTM token deposits to be fully processed prior to this time. Deposits of S tokens will be opened at 2025-01-16 07:00 (UTC).Binance will make a separate announcement after the event is completed to notify users when withdrawals of S tokens have opened.After the event is complete, withdrawals of FTM tokens will no longer be supported.Binance will handle all technical requirements for users who are involved in this event.Users may refer to the announcement from the project team for more information.
Please take note of these key tokenomics changes after this event:
Initial circulating supply of S will be around 2.88 billion, with an initial total supply of 3.175 billion, matching FTM's at Sonic chain launch.Total supply of S:Will increase and be capped at 15% until 2031 (excluding block rate rewards).Annual inflation rate will be at 1.75%, four years after Sonic chain launch.Risk warning banner and pop-up notification will be displayed on the Binance trading page after this event.More information can be found here.
Token Swap and Rebranding
FTM tokens will assume the ticker of S on Binance. All FTM tokens will be swapped to S at a ratio of 1 FTM = 1 S.
Spot
At 2025-01-13 03:00 (UTC), Binance will delist and cease trading on all spot trading pairs for FTM. The exact trading pairs being removed are: FTM/BTC, FTM/BNB, FTM/ETH, FTM/EUR, FTM/FDUSD, FTM/TRY, FTM/USDC, and FTM/USDT.All trade orders will be automatically removed after trading ceases in each respective trading pair.Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2025-01-13 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 2025-01-12 03:00 (UTC). After this time, any outstanding spot trading pairs will be moved to the Spot Wallet. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to 2025-01-12 03:00 (UTC) to avoid potential losses.Binance will open trading for the S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC, and S/USDT trading pairs at 2025-01-16 08:00 (UTC).
Futures
Binance Futures will close all positions and conduct an automatic settlement on the FTMUSDT USDⓈ-M and FTMUSD COIN-M Perpetual Contracts at 2025-01-06 09:00 (UTC). The contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the aforementioned contract(s) starting from 2025-01-06 08:30 (UTC). All FTM positive balances in COIN-M Wallets under the Portfolio Margin account will be automatically transferred to Cross Margin Wallet after the settlement is complete. For those who do not have a Portfolio Margin account, the balances in COIN-M Wallets will be transferred to Spot Wallet.All FTM negative balances in COIN-M Wallets under the Portfolio Margin account will conduct an auto-repayment process after the settlement is complete. The conversion may take approximately 24 hours or longer. Binance will not be liable for any losses on new positions during this period that may incur as a result of the conversion of funds. Refer to this FAQ for more information.In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the FTMUSDT USDⓈ-M and FTMUSD COIN-M Perpetual Contracts without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. A separate announcement will be made for relisting.At 2025-01-06 09:00 (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the FTM symbols.
Margin
Binance Margin will delist FTM from Cross and Isolated Margin at 2025-01-08 06:00 (UTC). The FTM/BTC, FTM/ETH, FTM/FDUSD, FTM/USDC and FTM/USDT cross and isolated margin pair(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their margin accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their margin accounts, less any collateral already available.At 2024-12-24 11:00 (UTC), Binance Margin will suspend isolated margin borrowings on the aforementioned isolated margin pair(s). At 2025-01-08 06:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At 2024-12-24 11:00 (UTC), Binance Margin will suspend cross margin borrowings on the aforementioned token(s). At 2025-01-08 06:00 (UTC), if users hold both collateral and liabilities of the aforementioned token(s), the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Wallets, up to the point when the CML reaches 2. The remaining tokens in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining tokens in users’ Cross Margin accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.
Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2025-01-08 06:00 (UTC). Binance will not be responsible for any potential losses.
Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Wallets to their Spot Wallets and to top up their margin balance before 2025-01-08 06:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Wallet. All FTM balances in Cross Margin Wallet under the Portfolio Margin account will be automatically converted to USDC from 2025-01-08 06:00 (UTC). The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds. Refer to this FAQ for more information.A separate announcement will be made for relisting.
Loans
At 2025-01-08 03:00 (UTC), Binance Loans (Flexible and Stable Rates) and VIP Loan will close all outstanding loan positions for FTM (both loanable tokens and collateral tokens will be closed). Users are strongly advised to repay their outstanding FTM loans before 2025-01-08 03:00 (UTC) to avoid any potential losses.
Please refer to the Binance Loans (Flexible Rates) and VIP Loan FAQs for more information. More details are also available in the Binance Loans and VIP Loan Terms and Conditions.
Simple Earn
From 2025-01-10 03:00 (UTC), Binance Simple Earn will cease support for FTM Simple Earn Flexible and Locked Products. Subscriptions will no longer be available. From 2025-01-10 03:00 (UTC), all remaining FTM Flexible and Locked Products positions, together with any accrued rewards, will be automatically redeemed to users’ Spot Wallets. Users can choose to redeem their assets from FTM Simple Earn Flexible or Locked Products anytime beforehand.After 2025-01-16 08:00 (UTC), Binance Simple Earn will resubscribe the converted S assets for only Flexible Product for impacted users, according to the above swap ratio after the event is complete.
Dual Investment
From 2025-01-06 08:00 (UTC):Binance will cease the support for FTM Buy Low and Sell High products and users are unable to subscribe to FTM-USDT, FTM-FDUSD, or FTM-USDC products. The subscription with the settlement day of 2025-01-10 will be settled as usual and the asset including rewards will be distributed to users’ Spot Wallets within 4 hours. After 2025-01-16 08:00 (UTC), Binance will automatically update all FTM Buy Low and Sell High products to S Buy Low and Sell High products.
Binance Pay
At 2025-01-09 03:00 (UTC), Binance will remove FTM from the list of supported cryptocurrencies on Binance Pay.
Gift Card
At 2025-01-13 03:00 (UTC), Binance will no longer support the creation of FTM Gift Cards.Users may proceed to redeem any unredeemed FTM Gift Cards for FTM tokens before 2025-01-13 03:00 (UTC)
Convert
Binance Convert will delist FTM and all associated pairs at 2025-01-13 02:00 (UTC).
Auto-Invest
Binance Auto-Invest will delist FTM after 2025-01-08 03:00 (UTC). Users may choose to remove the plan(s) beforehand. Otherwise, the next recurring cycle of the aforementioned token(s) will fail.
Convert Low-Value Assets
Convert Low-Value Assets will delist FTM at 2025-01-12 02:00 (UTC). Users may choose to convert the low-value assets beforehand.
Buy & Sell Crypto
At 2025-01-08 03:00 (UTC), Buy & Sell Crypto will delist FTM and all associated pairs.
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-12-24
USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and EEA-Customer-Support@circle.com.
Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.
Fellow Binancians,
Binance will support the Fantom (FTM) token swap and rebranding to Sonic (S).
At 2025-01-13 03:00 (UTC), Binance will delist all existing FTM spot trading pairs (i.e., FTM/BTC, FTM/BNB, FTM/ETH, FTM/EUR, FTM/FDUSD, FTM/TRY, FTM/USDC, and FTM/USDT) and cancel all pending FTM spot trading orders. At 2025-01-16 08:00 (UTC), Binance will open trading for the S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC, and S/USDT trading pairs.
General
Deposits and WithdrawalsAt 2025-01-13 03:30 (UTC), deposits and withdrawals of FTM tokens will be suspended. Please ensure that you leave sufficient time for your FTM token deposits to be fully processed prior to this time. Deposits of S tokens will be opened at 2025-01-16 07:00 (UTC).Binance will make a separate announcement after the event is completed to notify users when withdrawals of S tokens have opened.After the event is complete, withdrawals of FTM tokens will no longer be supported.Binance will handle all technical requirements for users who are involved in this event.Users may refer to the announcement from the project team for more information.
Please take note of these key tokenomics changes after this event:
Initial circulating supply of S will be around 2.88 billion, with an initial total supply of 3.175 billion, matching FTM's at Sonic chain launch.Total supply of S:Will increase and be capped at 15% until 2031 (excluding block rate rewards).Annual inflation rate will be at 1.75%, four years after Sonic chain launch.Risk warning banner and pop-up notification will be displayed on the Binance trading page after this event.More information can be found here.
Token Swap and Rebranding
FTM tokens will assume the ticker of S on Binance. All FTM tokens will be swapped to S at a ratio of 1 FTM = 1 S.
Spot
At 2025-01-13 03:00 (UTC), Binance will delist and cease trading on all spot trading pairs for FTM. The exact trading pairs being removed are: FTM/BTC, FTM/BNB, FTM/ETH, FTM/EUR, FTM/FDUSD, FTM/TRY, FTM/USDC, and FTM/USDT.All trade orders will be automatically removed after trading ceases in each respective trading pair.Binance will terminate Trading Bots services for the aforementioned spot trading pairs at 2025-01-13 03:00 (UTC), where applicable. Users are strongly advised to update and/or cancel their Trading Bots prior to the cessation of Trading Bots services to avoid any potential losses.Binance Spot Copy Trading will delist the aforementioned spot trading pairs on 2025-01-12 03:00 (UTC). After this time, any outstanding spot trading pairs will be moved to the Spot Wallet. Users are strongly advised to update or cancel their Spot Copy Trading portfolios prior to 2025-01-12 03:00 (UTC) to avoid potential losses.Binance will open trading for the S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC, and S/USDT trading pairs at 2025-01-16 08:00 (UTC).
Futures
Binance Futures will close all positions and conduct an automatic settlement on the FTMUSDT USDⓈ-M and FTMUSD COIN-M Perpetual Contracts at 2025-01-06 09:00 (UTC). The contracts will be delisted after the settlement is complete. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement. Users are not allowed to open new positions for the aforementioned contract(s) starting from 2025-01-06 08:30 (UTC). All FTM positive balances in COIN-M Wallets under the Portfolio Margin account will be automatically transferred to Cross Margin Wallet after the settlement is complete. For those who do not have a Portfolio Margin account, the balances in COIN-M Wallets will be transferred to Spot Wallet.All FTM negative balances in COIN-M Wallets under the Portfolio Margin account will conduct an auto-repayment process after the settlement is complete. The conversion may take approximately 24 hours or longer. Binance will not be liable for any losses on new positions during this period that may incur as a result of the conversion of funds. Refer to this FAQ for more information.In order to protect users and prevent potential risks in extremely volatile market conditions, Binance Futures may undertake additional protective measures toward the FTMUSDT USDⓈ-M and FTMUSD COIN-M Perpetual Contracts without further announcements, including but not limited to adjusting the maximum leverage value, position value, and maintenance margin in each margin tier, updating funding rates, such as the interest rate, premium and capped funding rate, changing the constituents of the price index, and using the Last Price Protected mechanism to update the Mark Price. A separate announcement will be made for relisting.At 2025-01-06 09:00 (UTC), Binance Funding Rate Arbitrage Bot will close all arbitrage strategies and conduct an automatic settlement on the FTM symbols.
Margin
Binance Margin will delist FTM from Cross and Isolated Margin at 2025-01-08 06:00 (UTC). The FTM/BTC, FTM/ETH, FTM/FDUSD, FTM/USDC and FTM/USDT cross and isolated margin pair(s) will be removed from Margin. Effective immediately, users will no longer be able to transfer any amount of the aforementioned token(s) via manual transfers and Auto-Transfer Mode for Cross and Isolated Margin into their margin accounts. If users hold outstanding liabilities of said tokens, these users may only manually transfer up to the amount of liabilities of that token into their margin accounts, less any collateral already available.At 2024-12-24 11:00 (UTC), Binance Margin will suspend isolated margin borrowings on the aforementioned isolated margin pair(s). At 2025-01-08 06:00 (UTC), Binance Margin will close users’ positions, conduct an automatic settlement, and cancel all pending orders on the aforementioned isolated margin pair(s), which will then be removed from isolated margin.At 2024-12-24 11:00 (UTC), Binance Margin will suspend cross margin borrowings on the aforementioned token(s). At 2025-01-08 06:00 (UTC), if users hold both collateral and liabilities of the aforementioned token(s), the collateral will be used to repay the respective liabilities. If there are remaining collateral or liabilities of the aforementioned token(s), one of two options below will occur:If users only hold the aforementioned token(s) in the form of collateral: If the Collateral Margin Level (CML) is above 2, the aforementioned token(s) will be transferred to users’ Spot Wallets, up to the point when the CML reaches 2. The remaining tokens in their Cross Margin accounts that are to be delisted will then be fully sold. If the CML is below 2, the remaining tokens in users’ Cross Margin accounts that are to be delisted will be fully sold. If users only hold the aforementioned token(s) in the form of liabilities:If CML is at or above 2, pending orders will not be affected. If the CML is below 2, all pending orders in their Cross Margin accounts will be canceled. The system will then sell other collateral tokens to buy and fully repay the delisting token(s)’ liabilities.
Please note that users will not be able to update their positions during the delisting process, and they are strongly advised to close their positions and/or transfer their assets from Margin Wallets to Spot Wallets prior to the cessation of margin trading at 2025-01-08 06:00 (UTC). Binance will not be responsible for any potential losses.
Portfolio Margin users are advised to transfer the aforementioned token(s) out of their Margin Wallets to their Spot Wallets and to top up their margin balance before 2025-01-08 06:00 (UTC) where applicable. Users should monitor the Unified Maintenance Margin Ratio (uniMMR) closely to avoid any potential liquidation that may result from the removal of the aforementioned token(s) from the Margin Wallet. All FTM balances in Cross Margin Wallet under the Portfolio Margin account will be automatically converted to USDC from 2025-01-08 06:00 (UTC). The conversion may take approximately 24 hours or longer. Binance Margin will not be liable for any losses on new positions during this period that may incur due to the conversion of funds. Refer to this FAQ for more information.A separate announcement will be made for relisting.
Loans
At 2025-01-08 03:00 (UTC), Binance Loans (Flexible and Stable Rates) and VIP Loan will close all outstanding loan positions for FTM (both loanable tokens and collateral tokens will be closed). Users are strongly advised to repay their outstanding FTM loans before 2025-01-08 03:00 (UTC) to avoid any potential losses.
Please refer to the Binance Loans (Flexible Rates) and VIP Loan FAQs for more information. More details are also available in the Binance Loans and VIP Loan Terms and Conditions.
Simple Earn
From 2025-01-10 03:00 (UTC), Binance Simple Earn will cease support for FTM Simple Earn Flexible and Locked Products. Subscriptions will no longer be available. From 2025-01-10 03:00 (UTC), all remaining FTM Flexible and Locked Products positions, together with any accrued rewards, will be automatically redeemed to users’ Spot Wallets. Users can choose to redeem their assets from FTM Simple Earn Flexible or Locked Products anytime beforehand.After 2025-01-16 08:00 (UTC), Binance Simple Earn will resubscribe the converted S assets for only Flexible Product for impacted users, according to the above swap ratio after the event is complete.
Dual Investment
From 2025-01-06 08:00 (UTC):Binance will cease the support for FTM Buy Low and Sell High products and users are unable to subscribe to FTM-USDT, FTM-FDUSD, or FTM-USDC products. The subscription with the settlement day of 2025-01-10 will be settled as usual and the asset including rewards will be distributed to users’ Spot Wallets within 4 hours. After 2025-01-16 08:00 (UTC), Binance will automatically update all FTM Buy Low and Sell High products to S Buy Low and Sell High products.
Binance Pay
At 2025-01-09 03:00 (UTC), Binance will remove FTM from the list of supported cryptocurrencies on Binance Pay.
Gift Card
At 2025-01-13 03:00 (UTC), Binance will no longer support the creation of FTM Gift Cards.Users may proceed to redeem any unredeemed FTM Gift Cards for FTM tokens before 2025-01-13 03:00 (UTC)
Convert
Binance Convert will delist FTM and all associated pairs at 2025-01-13 02:00 (UTC).
Auto-Invest
Binance Auto-Invest will delist FTM after 2025-01-08 03:00 (UTC). Users may choose to remove the plan(s) beforehand. Otherwise, the next recurring cycle of the aforementioned token(s) will fail.
Convert Low-Value Assets
Convert Low-Value Assets will delist FTM at 2025-01-12 02:00 (UTC). Users may choose to convert the low-value assets beforehand.
Buy & Sell Crypto
At 2025-01-08 03:00 (UTC), Buy & Sell Crypto will delist FTM and all associated pairs.
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-12-24
USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and EEA-Customer-Support@circle.com.
Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.
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The Cryptonomist
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Bitcoin Price Struggling: Is Another Crash Coming?
During the last week, the price of Bitcoin underwent a violent downward correction, losing about 15% from the all-time highs at 108,000 dollars.
After the last few months of “up only,” the cryptocurrency encounters its first major red obstacle on the chart, enough to change the outlook in the short term.
The analysts wonder if Bitcoin will now manage to start rising again or if it will face a new crash below 90,000 dollars.
All the details below.
Bitcoin faces a 15% price drop: is it the end of the bull market?
After an 80% growth in the last 3 months, Bitcoin experiences a significant price drop, losing the psychological threshold of 100,000 dollars.
The cryptocurrency had reached a new all-time high on Tuesday, December 17, but was then pushed back by the downward pressure from the bears.
In just one week Bitcoin lost 15% of its value, testing the support at 92,000 dollars, and then bouncing back to the current level of 95,000 dollars.
The main cause of this decline seems to be the recent announcement by Jerome Powell, who in the latest FOMC spoke about the shift to a more restrictive monetary approach.
The head of the Federal Reserve explicitly stated that there is a possibility that in 2025 there will be only 2 federal rate cuts, compared to the previous plan of 4 cuts.
This has negatively impacted all financial markets, creating a climate of uncertainty about the future direction of the price of Bitcoin.
The impact on the markets was so violent that on some exchanges, such as Coinbase, large price discrepancies were recorded compared to other exchanges.
Now if Bitcoin fails to stabilize above the current levels, it risks losing even the last local low of 92,000 dollars.
This would contribute to slowing down the expansion phase of the bull market, jeopardizing the potential upcoming bullish months.
In any case, some analysts believe that this bear market may represent a necessary and healthy correction for the market.
Investors might now regain confidence and enter the market at more advantageous prices, fueling the possibility of another more lasting bull.
Analysis of liquidations and data on derivatives
The recent crash in the price of Bitcoin was accompanied by strong speculative activity by traders in the derivatives markets.
Between December 18 and 20, approximately 400 million dollars of long positions were liquidated, sweeping away the traders exposed to the bull market.
However, the drop was not as impactful as the one observed on December 5, when almost half a billion dollars were liquidated in a single day.
Source: https://www.coinglass.com/currencies/BTC
Very interesting to observe how the funding rate has not experienced particular jolts, remaining between 0.01% and 0.007%.
This means that in recent days there has not been such a high demand for leverage, and that the collapse of the price of Bitcoin was not triggered by an excess of the bull market.
Rather, it appears evident that a large number of investors have preferred to take profit and exit the cryptocurrency, in a moment of uncertainty for the financial markets.
This is demonstrated by the sharp decline in the open interest, which in just one week saw 4 billion dollars in positions on Bitcoin lost.
This is the first major drop in interest in derivatives since Trump’s elections, and more generally the first major decline in Q4 2024.
In any case, there remain 30 billion dollars of open positions, about double compared to what was recorded at the bull of March, and about triple compared to a year ago.
This suggests that investors are still convinced that the price of Bitcoin can bring more moments of joy, continuing its phase of bull market.
Source: https://coinalyze.net/bitcoin/open-interest/
What to expect now from the price of Bitcoin: recovery or new leg down
Bitcoin is now in a clear phase of stalemate, with the price of the cryptocurrency struggling to find a situation of equilibrium.
At the moment, the quotations are slightly above the EMA 50 on the daily time frame, from which a new bull stimulus could start in the coming days.
In general, from here up to 90,000 dollars, the bull could make themselves heard and absorb a new wave of potential downward pressure from the bear.
On the other hand, it is not excluded that in the coming weeks another phase of correction may occur, which could further lower the price of Bitcoin.
To fuel this hypothesis, there is a divergence on the RSI indicator, which suggests an exhaustion of the bullish strength that has characterized the past few weeks.
In such a complex and volatile scenario, it is necessary to identify the most important price levels to keep an eye on.
From a bull perspective, we can agree that a recovery to 100,000 dollars could in itself be enough to bring euphoria back to the market. However, the break of 103,000 dollars would be even more convincing and could trigger a new flow of capital.
From a bear perspective, we see the area between 90,000 and 92,000 dollars as a zone of strong interest, which, as previously mentioned, could be the last stronghold before a more violent correction.
Once this support is broken, the price of Bitcoin could aim directly for 80,000 dollars, without any particular counter-responses from the demand.
Below this level, new scenarios would open up, which could risk putting an end to the much-loved bull market.
In any case, so far the situation is still under control, with the macro trend remaining bullish, leaving hope for a new leg up by the end of the year.
After the last few months of “up only,” the cryptocurrency encounters its first major red obstacle on the chart, enough to change the outlook in the short term.
The analysts wonder if Bitcoin will now manage to start rising again or if it will face a new crash below 90,000 dollars.
All the details below.
Bitcoin faces a 15% price drop: is it the end of the bull market?
After an 80% growth in the last 3 months, Bitcoin experiences a significant price drop, losing the psychological threshold of 100,000 dollars.
The cryptocurrency had reached a new all-time high on Tuesday, December 17, but was then pushed back by the downward pressure from the bears.
In just one week Bitcoin lost 15% of its value, testing the support at 92,000 dollars, and then bouncing back to the current level of 95,000 dollars.
The main cause of this decline seems to be the recent announcement by Jerome Powell, who in the latest FOMC spoke about the shift to a more restrictive monetary approach.
The head of the Federal Reserve explicitly stated that there is a possibility that in 2025 there will be only 2 federal rate cuts, compared to the previous plan of 4 cuts.
This has negatively impacted all financial markets, creating a climate of uncertainty about the future direction of the price of Bitcoin.
The impact on the markets was so violent that on some exchanges, such as Coinbase, large price discrepancies were recorded compared to other exchanges.
Now if Bitcoin fails to stabilize above the current levels, it risks losing even the last local low of 92,000 dollars.
This would contribute to slowing down the expansion phase of the bull market, jeopardizing the potential upcoming bullish months.
In any case, some analysts believe that this bear market may represent a necessary and healthy correction for the market.
Investors might now regain confidence and enter the market at more advantageous prices, fueling the possibility of another more lasting bull.
Analysis of liquidations and data on derivatives
The recent crash in the price of Bitcoin was accompanied by strong speculative activity by traders in the derivatives markets.
Between December 18 and 20, approximately 400 million dollars of long positions were liquidated, sweeping away the traders exposed to the bull market.
However, the drop was not as impactful as the one observed on December 5, when almost half a billion dollars were liquidated in a single day.
Source: https://www.coinglass.com/currencies/BTC
Very interesting to observe how the funding rate has not experienced particular jolts, remaining between 0.01% and 0.007%.
This means that in recent days there has not been such a high demand for leverage, and that the collapse of the price of Bitcoin was not triggered by an excess of the bull market.
Rather, it appears evident that a large number of investors have preferred to take profit and exit the cryptocurrency, in a moment of uncertainty for the financial markets.
This is demonstrated by the sharp decline in the open interest, which in just one week saw 4 billion dollars in positions on Bitcoin lost.
This is the first major drop in interest in derivatives since Trump’s elections, and more generally the first major decline in Q4 2024.
In any case, there remain 30 billion dollars of open positions, about double compared to what was recorded at the bull of March, and about triple compared to a year ago.
This suggests that investors are still convinced that the price of Bitcoin can bring more moments of joy, continuing its phase of bull market.
Source: https://coinalyze.net/bitcoin/open-interest/
What to expect now from the price of Bitcoin: recovery or new leg down
Bitcoin is now in a clear phase of stalemate, with the price of the cryptocurrency struggling to find a situation of equilibrium.
At the moment, the quotations are slightly above the EMA 50 on the daily time frame, from which a new bull stimulus could start in the coming days.
In general, from here up to 90,000 dollars, the bull could make themselves heard and absorb a new wave of potential downward pressure from the bear.
On the other hand, it is not excluded that in the coming weeks another phase of correction may occur, which could further lower the price of Bitcoin.
To fuel this hypothesis, there is a divergence on the RSI indicator, which suggests an exhaustion of the bullish strength that has characterized the past few weeks.
In such a complex and volatile scenario, it is necessary to identify the most important price levels to keep an eye on.
From a bull perspective, we can agree that a recovery to 100,000 dollars could in itself be enough to bring euphoria back to the market. However, the break of 103,000 dollars would be even more convincing and could trigger a new flow of capital.
From a bear perspective, we see the area between 90,000 and 92,000 dollars as a zone of strong interest, which, as previously mentioned, could be the last stronghold before a more violent correction.
Once this support is broken, the price of Bitcoin could aim directly for 80,000 dollars, without any particular counter-responses from the demand.
Below this level, new scenarios would open up, which could risk putting an end to the much-loved bull market.
In any case, so far the situation is still under control, with the macro trend remaining bullish, leaving hope for a new leg up by the end of the year.