⚠️ $BTC Update ⚠️

Bitcoin has recently broken through a significant resistance level and is now trending upwards. It's advisable to monitor its movement closely and consider taking positions accordingly. Long positions appear favorable at this point
As per the latest trading data, Bitcoin is currently priced at $59,283 with a 24-hour high of $59,436 and a low of $56,903.00. The trading volume totals 26,596 BTC, equivalent to approximately $1.53 billion USDT. Showing a price increase of +3.61%, Bitcoin demonstrates a bullish momentum For traders, a strategic entry point for long positions could be around $57,905.89, Alternatively, for those considering short trades, a potential entry point could be around $58,449, with a target price decline towards the support level of $56,903 This approach takes advantage of current price dynamics and trading volume to optimize trading outcomes

Some crypto currencies such as:
$MDX
$POLS
$DOCK
$BONDhave seen their value increase despite being delisted from Binance, which typically reduces liquidity and accessibility

This unexpected trend may be attributed to two potential factors:

-Short covering:
Traders who had bet against these coins (short sellers) are now purchasing them to close their positions This sudden demand surge reduces supply, thereby driving up prices
-Market manipulation:
There is a possibility that larger entities are artificially inflating prices for various reasons:
-To trigger stop-loss orders and access liquidity
-To liquidate positions held by less experienced traders
-To capitalize on buying low and selling high for profit

It's crucial to recognize that these influences could be transient and may not sustain the coins' prices over the long term.

Uniswap(UNI) Technical Analysis

Price Analysis:
The price has faced resistance at the $12 level on three occasions, forming a Triple Top pattern. It has since pulled back below the 200-day moving average, around $9.00, which is indicative of a downtrend We will monitor for the price to reclaim these critical levels as an indication of a potential uptrend resumption and have set a price alert accordingly with the current rate of 8.053$

Position:
Uniswap,being the largest decentralized exchange (DEX), has significantly benefited from the growing preference for decentralized exchanges and non-custodial trading solutions, as evidenced by on-chain data

📢 general info 📢

An altseason or "altcoin season" is when altcoins grow significantly, often outpacing Bitcoin ğThis happens when Bitcoin's price stabilizes, and investors shift to other crypto currencies, increasing their market capitalization
To identify an altseason, watch for a decrease in Bitcoin Dominance (BTC.D)
Altseasons usually occur in bull markets and last around three weeks, though this can vary. Investors often position themselves in promising altcoins early, using tools like BTC.D charts to predict shifts and adjust strategies accordingly. Staying informed and adaptable is key to benefiting from altseason opportunities
#BinanceTurns7 #BinanceTournament

📢 News Alert 📢

Jerome Powell, the Chairman of the US Federal Reserve, remarked on July 9th that recent labor data shows signs of the economy cooling down He noted that the labor market has fully recovered and reached a state of balance Powell's comments suggest that an interest rate hike is unlikely in the near future This gives an indication of the Federal Reserve's potential actions, which are crucial for maintaining the country's economic stability While the labor market's recovery is a positive development, a cooling economy could pose challenges The Federal Reserve's interest rate decisions have significant effects on the economy, influencing everything from the dollar's value to borrowing costs Powell's statement implies that the Federal Reserve might consider other strategies to address the cooling economy

#BTC_Bounce_Back_to_57k #BinanceTurns7

Although $ETHFI has already shown some growth, I believe it has much more potential. It could see a 2-3 x increase soon, and I suggest considering it for investment
With the $ETH ETF approved and trading about to go live, both $ETHand its ecosystem coins might experience significant price boosts Currently, $ETHFI is at a low price, so avoid panic selling Market makers might try to create panic, but holding this coin could be highly rewarding
buy it now or regret it later
#ETHETFsApproved #ETHFI🔥🔥🔥

📢 News Alert 📢

Binance Margin will delist the following margin trading pairs (both cross and isolated) at 17-7-2024:Cross Margin:
ARB/TUSD
APE/ETH
BNB/TUSD
ETH/TUSD

Isolated Margin:
ARB/TUSD
APE/ETH
BNB/TUSD
ETH/TUSD
PEPE/TUSD
#NewsAboutCrypto
#BTC_Bounce_Back_to_57k #BinanceTurns7

After many of your comments i figure out that most of you don't know about the trending pairs of alt coins
so for your assistance I will provide you with the names and the one that will be mentioned maximum times in the comments of the same post I will provide a detailed description for that coin ,I will start this initiative by tomorrow hope so that it will help you.
#BTC_Bounce_Back_to_57k #BinanceTurns7 #ETH_ETFs_Approval_Predictions

📢 News Alert 📢

Lionel Messi's Instagram account temporarily featured a story promoting the Solana blockchain's Meme coin 'Water' showing Messi with the coin's logo. The Instagram account for 'Water' also shared the story
CoinGecko reported that 'Water' saw a 55% increase shortly after the post However, the post was later removed, and Messi denied any involvement As a result, 'Water' lost about $15 million in market value

📢 News Alert 📢

Binance Margin has added new USDC trading pairs on Cross and Isolated Margin.
New Trading Pairs:
FET/USDC
FLOKI/USDC
NOT/USDC
ZRO/USDC

📢 important 📢

According to Odaily, a significant transfer of 150 million $XRP , equivalent to approximately $64,287,206, has been detected. The funds were moved from Ripple to an unidentified wallet. Whale Alert, a blockchain monitoring service, was responsible for identifying this substantial transaction. The recipient of the funds remains unknown at this time. The transfer of such a large amount of $XRP has sparked speculation within the cryptocurrency community. However, no further details regarding the transaction have been disclosed.
( via binance news )

So i told you that the bearish momentum in the market will end in a day or two and currently $BTC looks quite stable, the whole panic was created by the release of $BTC from the German government and they have already pulled back all of their unsold coins so that's a positive thing and we can already see the results in the market
The volatility will be high today so be careful while investing your money
$BTC currently stands at 56,682.01 with the up of 1.46%

$OM is expected to hit 1$ mark sooner than expected
as you can see from the past 48 hours, this token has made a strong recovery, breaking the resistance level at $0.66 with bullish momentum. It's now on track to reach $1 soon. This is a great entry point to capitalize on the bullish trend and enjoy excellent profits. It is currently standing at 0.9255$ with 5.33% up
do your research and take a chance it will be profitable

Binance announced to delist the following pairs from spot trading by 24 july ,It includes the following coins:
$BOND
$DOCK
$MDX
$POLS
The main issue we are facing here is, those who were holding these coins didn't even get a chance to react as the prices were down by 30-40% in few minutes and they will go down further causing substantial losses to the holders
such issues must be resolved by the binance,it will be better if binance after delisting announcement should purchase the coins at the same rate or should allow the conversion at same rate

📢 update 📢

$BTC is showing mixed behavior today, but a boom could be on the horizon. Currently, $BTC /USDT is trading at $57,291.02, up 0.26%. The 24-hour high is $58,236.73, and the 24-hour low is $54,260.16, with a significant trading volume of 37,299.54 BTC, equating to $2.10 billion in USDT.For traders considering a long position, an entry point around the support level of $54,260.16 could be promising, anticipating a rebound towards recent highs. Conversely, for short trades, entering near the resistance level of $58,236.73 might be beneficial, targeting a retracement.
Monitoring these key levels along with trading volume can offer profitable opportunities, while ensuring tight stop-losses to manage risk effectively
#BTC_Bounce_Back_to_57k #BinanceTurns7 #SOFR_Spike

📢 News Alert📢

The market is poised for significant volatility this week. Federal Reserve Chair Jerome Powell will testify on Capitol Hill on Tuesday, addressing the semi-annual monetary policy report. His testimony is anticipated to cover key topics including the current economic situation, inflation trends, the job market, and the Fed's monetary policy outlook.
This event is expected to substantially impact the markets. Additionally, the U.S. CPI data for June will be released on Thursday, offering further insights into inflation. Traders should be ready to capitalize on market movements during these events.

The next coin that has potential to do a 5x to 10x is $YGG .It is the best gaming coin so far now trading at 0.47$ and ATH of 11$ in the bull market this coin can potentially reach to new ATH because as we all know that GTA 6 near and can sprak this gaming coin

Yield Guild Games is a Decentralized Autonomous Organization (DAO) for investing in Non-fungible Tokens (NFTs) used in virtual worlds and blockchain-based games. YGG offers various features including YGG Vaults and SubDAOs. Users are able to participate in yield farming, pay for network transactions, participate in network governance, and staking through vaults.

#GamingTokens #GamingQueen

$BAKE is surging upward, currently priced at $0.2666, up 4.41%, with a 24-hour high of $0.2749 and a low of $0.2518. The trading volume is 66.84 million BAKE and 17.52 million USDT, indicating active market participation
Investors should consider a long position if the price breaks above the resistance level of $0.2749, targeting a rise to around $0.2900. Conversely, a short trade could be initiated if the price falls below the support level of $0.2518, aiming for a downside target near $0.2400

Currently priced at $485.5, $BNB is down 7.05%, with a 24-hour high of $523.7 and a low of $471.0. The trading volume is 353,303.53 BNB and 171.67 million USDT, reflecting moderate liquidity.

Investors might consider a long position if the price breaks above the resistance at $523.7, targeting higher levels around $550 Conversely, a short trade could be considered if the price falls below the support level of $471, aiming for a downside target near $450

The current situation of the market might scare some of you but this downtrend is also due to some geopolitical reasons and the selling of $BTC by the German government again the market will be back on the track today or it might take 48h but it will be okay
most of you don't know the fact that the $BTC price has a great effect on the altcoins and that's the reason of the bearish trend throughout