#BinanceAlphaAlert Very true one must not invest when it’s not in good financial condition | Syed Omer Hussain en Binance Square

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Syed Omer Hussain

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#BinanceAlphaAlert 
Very true one must not invest when it’s not in good financial condition 

Aviso legal: Se incluyen opiniones de terceros. Esto no representa una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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Syed Omer Hussain

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New Crypto Coins To Invest In: Your $50 Investment Can Be $1000 in No Time!

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SUI To Face Another Pullback Following 5.3% Dip, Analysts Forecast 30% Correction SUI, the native token of the Sui Network, has seen a 13% pullback in the past seven days, halting its bullish rally. The cryptocurrency broke from a 1-month structure, fueling a bearish sentiment among market watchers, who foresee further downside for the token. SUI Loses Key Support Zone SUI has been on a downtrend this week, losing the recently gained levels alongside most of the market. The cryptocurrency saw a 5.3% drop in the last 24 hours, which has worried some investors and crypto analysts. The token registered one of the best performances during Q3, leading the market as one of the few altcoins registering green numbers in most timeframes. SUI started the month by recording a 15% weekly surge, which fueled its rally toward its new all-time high (ATH). Additionally, the token jumped 25% from its monthly opening, shooting past the $2 barrier to reach a new ETH of $2.35. However, its bullish rally was overshadowed by insider selling allegations on October 13. Market expert LightCrypto alleged that SUI’s performance would be affected by insiders’ continuous selling, who had unloaded $400 million in SUI tokens. Following the allegations, the cryptocurrency faced a 15% daily correction but remained above the crucial $2 support level. Since then, the cryptocurrency has moved sideways, hovering between the $2-$2.15 price range until today. On Tuesday morning, SUI lost the $2 support, plunging 6.5% toward the $1.87 mark before recovering the $1.90 zone. The token’s dip represented a 13% decline from its price seven days ago and an 18.4% drop from its ATH. Is A 30% Pullback Looming? Following SUI’s recent price action, some crypto analysts revealed that another pullback seems to be looming. Crypto analyst Altcoin Sherpa weighed in on the markets’ current performance, as it slowed down after Bitcoin’s surge to $69,000 on Sunday.

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Currently the market condition 👻👻👻 $BTC is the big looser all who think they are going on 210k just look at the current BTC market cap which is declining from 2.12T to 1.93T 👻👻👻

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#BTCNextMove $BTC has clear it’s major liquidity zone at 95300 now next move is upside hopefully

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#BinanceAlphaAlert Bitcoin, Ethereum, and Dogecoin All Dropped Bitcoin (CRYPTO: BTC) is the biggest loser, falling 6.2% in the past 24 hours as of 3 p.m. ET and dropping below the $100,000 level. Ethereum (CRYPTO: ETH) is down 9.7% in that time to $3,350 and Dogecoin (CRYPTO: DOGE) is off 16.8% to $0.3032. The Fed's impact on crypto As much as cryptocurrencies have been marketed as a way out from under the traditional financial ecosystem, the crypto market trades a lot like traditional risk assets like growth stocks. In this case, when interest rates rise, growth stocks fall and crypto moves down along with them. A FOMO cycle nearing its end? This current run for crypto started after the election when there was an increase in speculation that President-elect Donald Trump would open up a bull run for the crypto market. And that may happen, but the gains seen didn't line up with any fundamental changes in the industry. Questions heading into 2025 The gains of the last year were largely based on speculation and momentum from items like the approval of exchange-traded funds (ETFs) and the election. But in 2025 there may be fewer of these tailwinds and pricing is driven by the number of new buyers coming into the market, like Bitcoin.

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