The market’s dripping with greed right now! But you know th | EHTSHAM IQBAL on Binance Square

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Bearish

The market’s dripping with greed right now!
But you know the drill:
When greed’s in the air, it's time to sell.
When fear takes over, that’s when you buy.
$BTC #Write2Earn #GreedIndex #FearIndex #UpdateAlert 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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This was a key trendline support for USDT dominance, which has finally broken down after 235 days. and as many of you know, when USDT dominance drops, that's usually when BTC takes off! 🚀 $BTC #Write2Earn #UpdateAlert #USDTdominance

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The market had a solid weekly close, showing strength. USDT dominance has finally broken below a key support trendline after a long time. This could signal the potential for further upward momentum in the market! $BTC #Write2Earn #UpdateAlert #USDTdominance

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For ETH/USDT, here’s a look at where resistance might come into play: 1. 15-Minute Chart: The first hurdle is right around $2,720, which was the latest peak before a slight dip. If the price can break above that, it could pave the way for further gains. Should it push past $2,720, keep an eye on the next resistance zone between $2,750 and $2,760, based on previous market behavior. 2. 4-Hour Chart: On the 4-hour timeframe, a key resistance level sits at $2,875, which corresponds to a high reached back in August 2024. Clearing this level could point to a more robust bullish trend. If ETH manages to climb past $2,875, the next area to watch would be around $3,000, as it’s a significant psychological barrier where some selling pressure could emerge. Keeping track of these levels can give you a sense of whether the current upward trend is set to continue or if it’s at risk of hitting a ceiling. $ETH #UpdateAlert #Write2Earn

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Understanding AVL and Volume Indicators Across Different Timeframes in Trading

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For BTC/USDT, indicators suggest a strong short-term uptrend, with the price above key EMAs and near the upper Bollinger Band. However, RSI and Stochastic RSI show overbought conditions, hinting at a potential pullback. If BTC breaks above the $69,000-$70,000 resistance, the uptrend could continue. For ETH/USDT, the trend is less clear. The price is near key EMAs, indicating potential for an uptrend if it breaks above $2,800-$3,000. RSI and Stochastic RSI show mild overbought signals, while the MACD hints at a possible bullish crossover. Overall, BTC shows stronger bullish momentum than ETH, with higher chances of continuing its uptrend. $BTC $ETH #UpdateAlert #Bitcoin❗ #ETHETFsApproved #Write2Earn

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