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Fed’s ‘juice’ into crypto has analyst eyeing ‘trimming’ opportunities
🚹 Exciting News for MAJOR Fans: Big Developments on the Horizon! 🚹 The anticipation within the MAJOR community is reaching fever pitch as whispers of an upcoming airdrop continue to circulate. Though no official announcement has been made yet, many believe this event could happen before October 30th. Comparisons are already being drawn to other successful airdrops like X Empire, Blum, and Tomarket, all slated for listings by the end of October. If the rumors hold true, active participants in MAJOR may find themselves rewarded generously, driving further engagement and sparking a competitive spirit within the game's growing ecosystem. 🎼 MAJOR's Potential Market Listing: A Game-Changer? 🎼 Adding to the excitement, market analysts are buzzing about MAJOR’s potential listing, expected to align with the airdrop on or before October 30th. This strategic move would put MAJOR in step with other notable Telegram-based mini-apps, positioning it for a breakout in both popularity and market value. This pivotal moment could cement MAJOR’s status as a cornerstone in both the gaming and digital currency spaces, propelling it to new heights in the months to come. 🌟 Keep a close eye on these developments as they unfold—MAJOR could be about to make a significant leap! #BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #NeiroOnBinance #FTXSolanaRedemption
🚀 **Binance Unveils Pre-Market Spot Trading for New Tokens!** 🚀 - **What's New?** Binance introduces a pre-market service allowing spot trading of new tokens before their official listing. - **How It Works:** Selected tokens from Binance Launchpool can now be traded pre-market. Users lock BNB and FDUSD to farm these tokens. - **Why?** Meeting user demand and enhancing Binance's ecosystem, says Vishal Sacheendran. - **Benefits:** Early market entry, vetted projects, and trading on the most liquid exchange. - **Fees & Availability:** Standard spot trading fees apply. Available in most jurisdictions, with some restrictions. 💬 **Thoughts? Drop a comment below!**
🚀 Exciting news for the blockchain community! Cosmos has just launched Olympus, the latest version of its Cosmos SDK, packed with new features and enhancements. 🌐 - **Modularization**: Developers can now use core functionalities independently, offering greater flexibility for custom solutions. - **Protocol Pool Module**: Streamlines funding and governance, eliminating the need for vesting accounts. - **Improved Governance**: New proposal types for more transparent decision-making. - **Accounts & Staking Modules**: Expanded functionalities and key rotation for validators. Dive into the future of blockchain with Cosmos! Share your thoughts in the comments below! 💬 #CosmosSDK #Blockchain #CryptoNews
🚀 **Bitcoin-backed Stablecoin USDh Launches on Stacks L2!** 🚀 - Hermetica has expanded its Bitcoin-backed stablecoin, USDh, to the Stacks (STX) Layer 2 network. - USDh is pegged to the US dollar and fully backed by Bitcoin, offering yields up to 25%! 💰 - Unlike fiat-backed stablecoins, USDh keeps you within the Bitcoin ecosystem. - Initially launched on Bitcoin’s Layer 1, USDh quickly attracted $2M in Total Value Locked. - Major DEXs like Bitflow Finance, Velar, and Zest Protocol are integrating USDh. - With only 1% of Bitcoin’s $1.3T market cap in DeFi, USDh aims to bridge the gap. What do you think about this new DeFi option? Comment below! 👇
USDC Treasury Destroys 50 Million USDC on Ethereum
**Crypto Market Reacts to Fed Rate Cut** The U.S. Federal Reserve's recent decision to cut interest rates by 50 basis points has stirred the crypto market. According to Nansen's principal research analyst, Aurelie Barthere, this move was already anticipated by the market, suggesting potential selling opportunities might be on the horizon. - **Market Sentiment**: The Crypto Fear and Greed Index jumped to a "Greed" score of 59, up from 45, indicating a positive shift in sentiment. - **Bitcoin Surge**: Bitcoin's price surged past $60,000, peaking at $64,751 on Sept. 25, the highest since Aug. 30. - **Strategic Moves**: Barthere recommends "trimming crypto allocation on rallies" due to downside risks. Stay informed and cautious as the market evolves.
From Short-Term to Long-Term: How Spot ETFs Are Shaping Bitcoin’s Maturation Process
Hermetica Expands Bitcoin-backed Stablecoin USDh to Stacks L2
Solana Can Reach 50% of Ethereum’s Market Cap
ETH’s Path to $3K Involves Maintaining This Critical Support (Ethereum Price Analysis)
Near Protocol Gains 31% in 30 Days: Can Bulls Push NEAR to $6?
Binance Launches Pre-market Spot Trading for Launchpool Tokens
Dogecoin Co-Founder Billy Markus Vows Never to Create Another Meme Project
TRX Analysis Price Action: TRX is currently trading at 0.1508 with a 0.85% decrease in the past 24 hours. Volume: The volume has been steadily increasing, suggesting growing interest in TRX. Moving Averages: TRX is currently above the 50-day moving average, indicating a short-term uptrend. However, it's still below the 200-day moving average, suggesting a longer-term downtrend. Resistance Level: A key resistance level to watch is around 0.1522. A break above this level could signal a stronger uptrend. Support Level: A key support level to watch is around 0.1478. If the price drops below this level, it could indicate a potential reversal. #TRX #PriceAnalysis
$HOOK is maintaining strength despite challenges from Bitcoin, having confirmed support at $0.32. The next upward target is $0.85, while a decrease in momentum would see support at $0.245. The broader trend depends on Bitcoin remaining bullish. Before, we've recorded a 120% gain on it.
BULLISH đŸŸ© #BLUR #BLURUSDT 1D FORMED A BOTTOM !
JUST IN: #donaldtrump says he will remove US sanctions on #Russia and #Iran because it's hurting the dollar. #BinanceLaunchpoolHMSTR #CATIonBinance
VanEck Predicts Solana (SOL) Could Reach 50% of Ethereum's Market Cap
#wif/usdt Wif is on the verge of breaking out from a symmetrical triangle formation🧐 A successful breakout might trigger a significant bullish wave in the coming weeks📈 If confirmed, we could potentially see the price double, aiming for targets at $2.42, $2.88, $3.55, and $4.30đŸ‘šâ€đŸ’»
Please Welcome - Long Nguyen, Speaker at De.Fi World 2024 Long on Minswap - is the Co-Founder of Minswap Labs - the Largest DEX on Cardano Blockchain! Let the $ADA secrets be revealed on Nov 11 Join Us👇 http://de.fi/events/de.fiworld2024
ADA Analysis Price Action: ADA is currently trading at 0.3848 with a 3.44% increase in the past 24 hours. Volume: The volume has been steadily increasing, suggesting growing interest in ADA. Moving Averages: ADA is currently above the 50-day moving average, indicating a short-term uptrend. However, it's still below the 200-day moving average, suggesting a longer-term downtrend. Resistance Level: A key resistance level to watch is around 0.410. A break above this level could signal a stronger uptrend. Support Level: A key support level to watch is around 0.3653. If the price drops below this level, it could indicate a potential reversal. #ADA #PriceAnalysis
đŸššđŸ”„LAUNCHING Blum Coin: Introductory Price of $2.10 to $4 revolutionary Crypto with BLUMđŸššđŸ”„ Mark your calendars! The highly-anticipated launch of Blum Coin is just around the corner, set for October 1, 2024, and it’s gearing up to make waves in the crypto world. Here’s a sneak peek into what you can expect from this exciting newcomer: 📅 Launch Details and Pricing 📅 Debut Date: October 1, 2024 Initial Price Range: $2.10 to $4 per token. The strong demand and unique market positioning make this an exciting launch to watch. đŸ“± Telegram Integration and User Engagement đŸ“± Blum Coin will seamlessly integrate with Telegram, tapping into its massive 28 million+ user base. This integration promises easy transactions and enhanced accessibility, setting the stage for rapid adoption and growth. 🔗 Path to Exchange Listings 🔗 Blum Coin is in the process of securing exchange listings. While initial targets are smaller exchanges, the ultimate goal is to land on major platforms like Binance and Coinbase. Stay tuned for official updates! 📈 Financial Projections Post-Launch 📈 Optimistic Forecast: Experts believe Blum Coin could surge to $5.20 within a few months due to its innovative tech and growing demand. Cautious Outlook: On the flip side, early price adjustments may see a dip to $0.22-$0.28, reflecting typical market corrections and early sell-offs. ⚠ Market Volatility and Risks ⚠ Like any new cryptocurrency, Blum Coin is expected to face significant price swings. Early liquidity challenges and evolving regulatory landscapes could also impact trading efficiency and introduce risks. 💡 Investment Potential 💡 Blum Coin's cutting-edge integration with Telegram positions it as a strong contender for rapid adoption. However, as with all crypto ventures, investors should brace for market unpredictability. Stay diversified and informed to navigate this new opportunity wisely. #BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #NeiroOnBinance #Write2Earn!
🎉 Key Takeaways from https://t.co/KWBhSen75S at Token2049 from the https://t.co/KWBhSen75S team! 🚀 1ïžâƒŁ Memecoins Steal the Show: Our Memecoin Mashup Party with @0xMetaschool alongside our amazing sponsors $WHY @whyanelephant & $BIC @bicoin_onbnb was a blast! Metaschool team launched their meme token - $FLORK during the event and now live on https://t.co/uolO8ppNzt. đŸ„ł 2ïžâƒŁ Memes + DeFi: Cici, our Head of BD highlighted how memes are making DeFi fun and accessible during a key panel discussion with @PancakeSwap, @AstherusHub, @ListaDAO @Mercuryo_io, and @orbs_network. Memes’ humor and culture matching with Defi’s seriousness are bringing new energy to the web3 space! 😎 3ïžâƒŁ Long-Term Value: We’re not just about hype! With our https://t.co/uolO8ppNzt Accelerator & Points System, we’re empowering memecoins for long-term success. đŸ’Ș 4ïžâƒŁ Epic Networking: From the @dappOS_com Pool Party to the @RaveDAO After-Party, we made meaningful connections in the DeFi community. đŸ”„ Read all about us at @Token2049 here: https://t.co/3m8UFeXXNy Huge thanks to our amazing partners & community for making Token2049 unforgettable. The memecoin szn is just getting started! 🚀
🚀🚀 BREAKING 🚀🚀 Binance is set to delist two spot trading pairs— $HOOK / BTC and $PDA / BTC—on September 27, 2024, at 03:00 (UTC). The decision comes after a periodic review to maintain a quality trading environment, citing low liquidity and trading volume as key factors for removal. Users are advised to take necessary action before the delisting. Source: Binance
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Litecoin is borderless. Send low cost private, secure, borderless payments to anyone, anytime, anywhere. What's in your wallet? $LTC âšĄïž
The Dog’s trip to Singapore was so much fun❗❗❗ Tons of prizes were given out, money was raised for charity, and loads of smiles were seen at the BONK boothđŸŸ The Dog will be dropping in this week with some more specific numbers from BONKpoint. Stay tuned❗❗❗
The cbETH strategy is growing in popularity 👀 Running for over a year on top of @MoonwellDeFi’s market, it has become our farmers' new favorite ETH option on @base.
$1MBABYDOGE A SUDDEN SPIKE THAT SENDS IT TO A NEW ATH (On Binance)🚀🚀 {spot}(1MBABYDOGEUSDT) 📱 Can BabyDoge do what Shib did in 2021? The chances are slim, but can't be discarded at all. We have seen early investors of Shib getting up to 10000X returns. Although it made a new ATH and went past $0.0025 for a while, I would suggest not to FOMO at this point and wait for a retracement. Such kind of spikes can slow down and eventually bring the price back to the opening zone or even below. Another possibility that comes into play is a strong buying that followed after a retracement and retest. It has tested support levels at $0.0018 & $0.0020 and considering this price action a daily closing somewhere between $0.0024-$0.0025 could be extremely bullish. But we have to wait and watch. Memecoins are just unpredictable in their early-stage. Just a couple of days ago we witnessed some gigantic moves from Neiro. A closing between the above mentioned levels can repeat the same story for BabyDoge as well. My simple suggestion for this memecoin - If you bought shib in it's early days with a few bucks, then repeat your action with BabyDoge as well. A $50-100 is a worthy bet that could deliver some staggering returns for any avg investor. #1MBABYDOGE #BABYDOGE #1MBabyDogeCoin
What if there was a much easier way to access liquidity on Solana? Introducing the Metropolis API Platform — the most powerful set of liquidity APIs in crypto. Metropolis (https://t.co/vAHHrerq17) is a comprehensive suite of liquidity APIs consisting of 3 powerful APIs: the Token API, the Price API and the Swap API.
1 week, 3 World ID verification launches 🇬đŸ‡čđŸ‡ČđŸ‡ŸđŸ‡”đŸ‡±
Top Analyst Explains Why It Is Time to Sell Dogecoin – Will GoodEgg Token Lead The Meme Supreme T...
$500 INTO A SEVEN-FIGURE FORTUNE 🚀,HOW?
JUST IN: 🇬🇧 đŸ‡”đŸ‡ž UK Prime Minister Keir Starmer mistakenly calls for the 'return of the sausages' in #Gaza , then corrects it to 'hostages.' #BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #FTXSolanaRedemption
TON Analysis Price Action: TON is currently trading at 5.699 with a 2.54% increase in the past 24 hours. Volume: The volume has been steadily increasing, suggesting growing interest in TON. Moving Averages: TON is currently above the 50-day moving average, indicating a short-term uptrend. However, it's still below the 200-day moving average, suggesting a longer-term downtrend. Resistance Level: A key resistance level to watch is around 5.827. A break above this level could signal a stronger uptrend. Support Level: A key support level to watch is around 5.459. If the price drops below this level, it could indicate a potential reversal. #TON #PriceAnalysis
🎊Good News For Binance users 🎊
Bitcoin May Face Short-Term Correction Before Targeting $65,000 Despite Bitcoin’s recent rise to $64,000, driven by optimism surrounding potential rate cuts, caution is warranted as market dynamics suggest a short-term pullback to $61,000 before any significant upward movement. While some analysts remain bullish, forecasting a climb to $66,000, several factors could temporarily cap the price. The current rally has been fueled by speculation and macroeconomic cheer, but a retracement is likely due to profit-taking and lingering regulatory concerns. Historically, Bitcoin has experienced sharp corrections after rapid ascents, especially when retail interest spikes, followed by periods of consolidation. With global markets still grappling with inflation and tightening liquidity, the upward momentum may lose steam as investors reassess risk appetite. Additionally, while rate cuts may provide some relief, Bitcoin’s sensitivity to traditional market forces means it will likely react to broader economic headwinds, which remain volatile. Institutional investors, while confident in Bitcoin’s long-term value, may also drive short-term profit-taking, creating downward pressure on prices. This cautious sentiment could lead to a correction, where $61,000 represents a key support level. If Bitcoin holds this level, it may then regain strength, setting the stage for a move toward $66,000. However, a break below this could signal deeper consolidation. For now, the path to $66,000 is plausible but will likely be delayed by market turbulence. Investors should remain vigilant, keeping an eye on macroeconomic indicators and regulatory developments that could affect Bitcoin’s trajectory in the coming weeks. Patience and a cautious approach will be critical to navigating Bitcoin’s next moves.
**Market Analysis: Transition of Bitcoin Holders Post-Spot ETFs Introduction** Following the introduction of Spot ETFs, long-term Bitcoin holders are gradually shifting their positions to new owners through profit realization. Many of these new owners are former Grayscale investors transitioning to Spot ETFs for lower fees, indicating they are not entirely new market participants. This dynamic is crucial as these new holders are now transitioning into long-term investors, having crossed the 155-day threshold on-chain. Despite unmet short-term price expectations, surpassing the first six months is psychologically significant, categorizing these investors as long-term holders. The chart indicates a decline in short-term supply and an increase in long-term supply. Historically, this transition has been marked by sharper price movements. However, the impact of Spot ETFs and the integration of traditional financial instruments appear to be smoothing Bitcoin's volatility. This trend suggests Bitcoin is evolving into a more mature asset, leaving behind its youthful volatility. In the future, Bitcoin could become more integrated with the global economy, exhibiting reduced price swings and greater stability, potentially attracting more institutional demand.
**Spot ETFs Influence on Bitcoin Holders and Market Stability** Recent data indicates a significant shift in Bitcoin ownership dynamics following the introduction of Spot ETFs. Long-term holders are gradually transferring their positions to new owners, many of whom are former Grayscale investors seeking lower fees through Spot ETFs. These new holders, having crossed the 155-day threshold on-chain, are now classified as long-term investors. While short-term price expectations were not met, the transition to long-term holding is psychologically significant. The short-term supply is decreasing, and long-term supply is on the rise. Historically, such transitions have led to sharp price movements, but the current integration of Spot ETFs and traditional financial instruments appears to be stabilizing Bitcoin's volatility. This trend suggests Bitcoin is maturing as an asset, potentially leading to reduced price swings and increased institutional demand, signaling a positive outlook for the market.
Senator Criticizes SEC Chair For Postponing Senate Hearing
🚀 Exciting news in the #crypto world! EOS has just upgraded to Spring 1.0, bringing a wave of performance boosts and new features! 🌟 The highlight? The new Savanna consensus algorithm, which promises greater performance, reliability, and speed. This is a game-changer for the EOS community and could set a new standard for blockchain tech! 📈 Feeling bullish on EOS? Share your thoughts in the comments! Let's discuss how this upgrade could impact the broader #DeFi, #BTC, #ETH, and #Altcoins landscape! 💬👇
DOGE Analysis Price Action: DOGE is currently trading at 0.10942 with a 0.20% increase in the past 24 hours. Volume: The volume has been steadily increasing, suggesting growing interest in DOGE. Moving Averages: DOGE is currently above the 50-day moving average, indicating a short-term uptrend. However, it's still below the 200-day moving average, suggesting a longer-term downtrend. Resistance Level: A key resistance level to watch is around 0.1120. A break above this level could signal a stronger uptrend. Support Level: A key support level to watch is around 0.1050. If the price drops below this level, it could indicate a potential reversal. #DOGE #PriceAnalysis
EOS has successfully upgraded its network to Spring 1.0, introducing a host of performance enhancements and new capabilities. Chief among these is greater performance, reliability, and speed delivered thanks to the new Savanna consensus algorithm. The Spring 1.0 upgrade marks a significant milestone for EOS, aiming to address previous limitations and improve overall network efficiency. The new Savanna consensus algorithm is designed to optimize transaction processing, reduce latency, and enhance security measures. This upgrade is expected to bolster EOS's position in the competitive blockchain landscape, potentially attracting more developers and users to its ecosystem. Further assessments will determine the long-term impact on network performance and user adoption.
Suspected Address Transfers 72 Million TUSD to New Addresses
WHAT IS CRYPTO AND HOW TO EARN MONEY,
EOS Network Upgrades to Spring 1.0 and Achieves 1-Second Transaction Finality
Analysts Unveil the Next Penny Crypto Set to Explode
Is Sui (SUI) Price Setting Its Track for a Massive Bull Run?
Will JasmyCoin Outperform Bitcoin Again? Expert Sets Eyes on This Next JASMY Target
Crypto Trading Bot Banana Gun to Refunds $3M After Hack
🔮 ۔ۯ۱ Ű§Ù„ŰąÙ†: 💎 ŰŁÙ…Ű±ÙŠÙƒŰ§ - đŸ‡ș🇾 âŹ…ïž Ù…ŰźŰČون Ű§Ù„Ù†ÙŰ· Ű§Ù„ŰźŰ§Ù… Ű§Ù„ŰŁÙ…Ű±ÙŠÙƒÙŠ â–Ș Ű§Ù„ŰłŰ§ŰšÙ‚: 1.630 مليون - â–Ș Ű§Ù„ŰȘÙ‚ŰŻÙŠŰ±: 1.300 مليون - ▫ Ű§Ù„Ű­Ű§Ù„ÙŠ: 4.471 مليون - 👈 Ű§Ù„Ù†ŰȘÙŠŰŹŰ©: Ű„ÙŠŰŹŰ§ŰšÙŠŰ© Ù„ŰŁŰłŰčۧ۱ Ű§Ù„Ù†ÙŰ· Ű§Ù„ŰŁÙ…Ű±ÙŠÙƒÙŠ ‱ Ù…Ù„Ű§Ű­ŰžŰ©: - Ű§Ù†ŰźÙŰ§Ű¶ Ű§Ù„Ù…ŰźŰČون Ű„ÙŠŰŹŰ§ŰšÙŠŰŒ وŰČÙŠŰ§ŰŻŰ© Ű§Ù„Ù…ŰźŰČون ŰłÙ„ŰšÙŠ Ù„Ù„Ù†ÙŰ·.
Binance ĐŸĐ±ŃŠŃĐČОла ĐŸ запусĐșĐ” ĐżĐ»Đ°Ń‚Ń„ĐŸŃ€ĐŒŃ‹ ĐŽĐ»Ń ĐżŃ€Đ”ĐŒĐ°Ń€ĐșДт-Ń‚ĐŸŃ€ĐłĐŸĐČлО - ĐČ ĐŸŃ‚Đ»ĐžŃ‡ĐžĐ” ĐŸŃ‚ ĐșĐŸĐœĐșŃƒŃ€Đ”ĐœŃ‚ĐŸĐČ Binance прДЎлагаДт прДЎĐČĐ°Ń€ĐžŃ‚Đ”Đ»ŃŒĐœŃƒŃŽ Ń‚ĐŸŃ€ĐłĐŸĐČлю Â«Ń€Đ”Đ°Đ»ŃŒĐœŃ‹ĐŒĐž Ń‚ĐŸĐșĐ”ĐœĐ°ĐŒĐžÂ», Đ° ĐœĐ” ЎДрОĐČатоĐČĐ°ĐŒĐž. $BNB {spot}(BNBUSDT)
🔮 Now released: 💎 America - đŸ‡ș🇾 âŹ…ïž US Crude Oil Inventory â–Ș Previous: 1.630M- â–Ș Estimate: 1.300M- ▫ Current: 4.471M- 👈 Result: Positive for US oil prices ‱ Note: - A decrease in inventory is positive, an increase in inventory is negative for oil.
$DEGO Holding strong weekly support Gaming narrative doing well Expecting a move from support Load your bag for October Alts rally is coming
Bitcoin surpasses $64,000: expectations of monetary easing push the price up
Assetera: the platform for RWA tokenization will be on the Polygon blockchain
EOS Network Upgrades To Spring 1.0, Enhancing Efficiency With 1-Second Transaction Finality
XRP Looking Promising The XRP/USDT chart is showing some interesting signs. We've got increasing volume and a potential breakout from a range. * Price Action: XRP is currently trading at 0.5916 USDT with a 0.80% increase in the past 24 hours. * Volume: The volume has been steadily increasing, suggesting growing interest in XRP. * Moving Averages: XRP is currently above the 50-day moving average, indicating a short-term uptrend. However, it's still below the 200-day moving average, suggesting a longer-term downtrend. * Resistance Level: A key resistance level to watch is around 0.6100 USDT. A break above this level could signal a stronger uptrend. #XRP #PriceAnalysis
Polkadot Reveals Six-Digit Expenses for Crypto Event—Was It Worth It? 🚹 Polkadot has made waves after revealing that it spent a whopping six figures to host a major crypto event, sparking debate about whether the investment was truly worth it. 💾 Key Highlights: 1ïžâƒŁ Big Investment: Polkadot's spending on this event signals their commitment to growing the ecosystem and engaging with the crypto community on a larger scale. But with six-digit expenses, some are left wondering if the ROI will justify the cost. 2ïžâƒŁ Event Purpose: The event was aimed at promoting Polkadot’s technology, building partnerships, and fostering innovation in the blockchain space. The team believes that the exposure and potential collaborations gained from such events are crucial to the platform’s growth and success. 3ïžâƒŁ Community Reaction: While some within the crypto space applaud the bold move, others have expressed concerns about the sheer amount spent. Could the money have been better allocated towards tech development or community grants? Or will the long-term benefits outweigh the upfront cost? The Big Question: Is such a large expenditure on an event the key to expanding Polkadot’s reach and solidifying its place in the crypto world, or will it fall short of expectations? Only time will tell if this costly endeavor will deliver the desired results for Polkadot’s future growth. #Polkadot #CryptoEvent #Blockchain #CryptoNews #PolkadotCommunity
$ULTIMA is showing strong bullish signs after confirming support at $5,300. It is now moving towards a target of $9,868 in the near term. The influence of $BNB will play a significant role in sustaining this upward trend. It has given 110% gains in the previous rally.
$LQTY /USDT Understanding Support and Resistance in Trading Support and resistance are critical concepts in technical analysis that help traders make informed decisions. Support refers to a price level where a stock or asset tends to find buying interest, preventing the price from falling further. It acts as a "floor" where demand is strong enough to halt a decline. When the price approaches this level, it often bounces back up due to renewed buying activity. On the other hand, resistance is a price level where selling pressure outweighs buying interest, preventing the price from rising further. It serves as a "ceiling" where sellers tend to dominate, causing the price to retreat. When the price approaches resistance, it often struggles to break through, leading to a pullback. Traders use support and resistance levels to identify potential entry and exit points. If the price breaks through resistance, it may signal a potential uptrend, while breaking support could indicate a potential downtrend. These levels are dynamic and can shift based on market sentiment and economic factors. Mastering support and resistance helps traders anticipate price movements and manage risk more effectively. #BinanceLaunchpoolHMSTR #CATIonBinance #BTCReboundsAfterFOMC #NeiroOnBinance #FOMC {spot}(LQTYUSDT)
Educational Post What is Capitulation? Capitulation refers to a period of high selling activity, where investors exit their positions and sell their holdings as quickly as possible. It is often referred to as panic selling because during a period of capitulation, sell orders reach a much higher level than average, causing the asset price to rapidly decline until a bottom is eventually reached. Capitulation can be described as the point at which investors lose hope - accepting losses and giving up their previous gains. When the period of panic selling is over, marking the end of capitulation, it may be followed by either a period of consolidation (sideways price movements) or an upward trend that would potentially indicate the start of a bull market. The reason why periods of capitulation often lead to price reversals and strong uptrends is that these episodes are usually marked by FUD and panic, so that selling pressure exceeds normal levels, reaching oversold conditions. The more violent and abrupt the price decline, the more likely it is to be followed by a strong rebound.