Buy KanzzAI (KAAI)

Amid the ongoing price volatility on the cryptocurrency market, Bitcoin (BTC) has had its fair share of fluctuations. The leading digital asset has traded between $100,238.19 and $103,730.82 in the past 24 hours. This has prompted Ki Young Ju, CEO of CryptoQuant, to issue a significant warning to investors.

Rising taker sell pressure sparks concern

In an update shared on X, Young Ju noted that Bitcoin’s taker sell pressure, a metric that monitors market sell orders on exchanges, is increasing. This suggests that more market participants are engaging in aggressive Bitcoin sales.

card

Remarkably, these traders are offloading the asset at the current market price and not placing limit sell orders. Experts say this hints at bearish sentiment among investors and could trigger a huge price decline.

This prediction of a likely price decline could occur if the selling pressure on Bitcoin surpasses buy-side liquidity. Hence, Young Ju has sounded the alarm to Bitcoin investors in a leveraged position.

Young Ju warned, "Be cautious if you're leveraged." He supported his Bitcoin update with the BTC Taker Net Volume chart, indicating the 72-hour MA.
#Bitcoin taker sell pressure is increasing. Be cautious if you're leveraged. pic.twitter.com/jvbh56J1Fr

— Ki Young Ju (@ki_young_ju) January 29, 2025

This warning targets traders using borrowed funds to amplify their Bitcoin positions. Young Ju appears to suggest that these investors need to reevaluate their assets. If such selling pressure continues, a BTC price drop could lead to serious liquidations with low value as the endpoint.

Will institutional Bitcoin buyers seize opportunity?

card

As of this writing, the BTC price was changing hands at $101,066.42, representing a 0.84% decline in the last 24 hours. Bitcoin’s trading volume has declined by 22.45% to $42.29 billion.

Market observers note that if Young Ju’s prediction happens, corporate buyers like Metaplanet and MicroStrategy might use the opportunity to shore up their BTC holdings again. Bitcoin whales might also snap up the coins dumped onto the market.

You missed the Bull run?

The market is collapsing now as expected. I always knew once Trump was inaugurated it will collapse, looking at the fact that the Bullish market happened 2 months ago.

No wait, take a look, immediately Trump won the Presidential elections, prices started skyrocketing celebrating his victory, so many investors were bidding on his wins and those with insiders ears as usual got into the market early.

The celebration continued as Bitcoin hit its ATH, followed by altcoins like Solana, Ton, Sui, Xrp etc which lasted for straight 8 weeks.

Lest we forget his own meme coin #trumpcoin
that got a lot of people rich overnight, which drained the entire crypto portfolio.

Did you miss the Bull run? Yes...

Will there be another Bull run? Probably...

This coming month might just be it but don't rely on it too long because it might come on a short term notice while the Bearish run continues

Once the bear hits, it's important that you look at other possible income streams, for example the stock markets etc, to get potential profit and reinvest.

At the end We Are all Gonna Make It (WAGMI)

🚀 Ethereum at a Crossroads: Boom or Bust? 💰🔥

In a recent X post, crypto expert Max warned that Ethereum is facing a moment of truth after dipping near $3,000! 😨 If ETH doesn’t complete its “ultra-scary 3 drive into the lows” pattern and get miraculously saved, it could be in for a deeper drop. 📉

📊 Max’s outlook:
⚠️ If ETH loses $3,000, it could tumble below $2,400!
⚠️ Worst-case scenario: ETH wipes the $2,800 wick while Bitcoin sinks to $95,000.
🔄 Urgent buyer reaction needed to avoid further losses!

💎 Despite the fear, whales are buying! Ethereum’s huge transaction volume spiked 200% in 24 hours, signaling major accumulation! 🐋💰

📈 Bullish ETH Prediction by Wolf! 🚀
Another expert, Wolf, believes Ethereum is being suppressed so big players can accumulate before liftoff! 🚀

🔥 His bold 2024 ETH price targets:
✅ $4,000 by February 📊
✅ $5,000 in March – in just days! ⏳
✅ $6,500 by early April 🚀
🔄 Short pullback, then a run to $9,500–$10,000! 🌕💥

Will Ethereum survive the dip and soar to new highs? Or is a bigger crash on the horizon? Brace yourself—big moves are coming! 🔥
#Write2Earn

⚡ Jerome Powell (Chairman of #FED ):

✔ The US has a strong economy.
✔ The situation on the labour market remains stable (the labour market has cooled).
✔ GDP in 2024 is likely to grow above 2%.
✔ Inflation has approached the target level, but remains slightly high .
✔ Unemployment remains low.
✔ I am mindful of the risks on both sides of the mandate.
✔ Investments in equipment have decreased.
❗️ We don't need to rush to lower interest rates.
✔ We do not follow a set course.
✔ The Fed's monetary policy is well prepared to deal with risks and uncertainties.
❗️ I will not comment on Donald Trump's words.
❗️ I have not had any contact with the president.
✔ The Fed's monetary policy has become significantly less restrictive.
✔ At today's meeting we began discussing the strategic framework, the discussion will be completed by the end of the summer.
✔ The risks to the Fed's dual mandate are well balanced (inflation/labor market).
✔ Removing a paragraph from a cover letter about progress toward an inflation target is NOT a signal.
✔ There is increased uncertainty due to significant policy changes by the new administration, but this should pass.
✔ We are in a very good position now.

✔ We intend to wait patiently and watch.
✔ Economic outlook is very uncertain.
✔ We are in a waiting mode, we need to see what laws the new White House administration will pass.
✔ I expect further progress in the fight against inflation.
✔ It is necessary to act based on US macroeconomic data.
✔ We have a strong economy, it is difficult to radically influence it by changing policy.
✔ The Fed is taking no action until it sees more information.
✔ The Fed is currently working on a range of economic forecasts, much depends on the decrees of the Donald Trump administration.
❗️ There are preconditions for further progress in the fight against inflation.
✔ I don't think we need further cooling of the labor market.
✔ We need consistent macro data showing progress in the fight against inflation.

MicroStrategy has been consistently acquiring Bitcoin. Will this strategy help support Bitcoin’s long-term price? And could more companies adopt similar tactics?

Create a post with #MicroStrategyAcquiresBTC or the $BTC cashtag and check-in to earn Binance points.
(Press the “+” on the homepage and click on Task Center)

Activity period: 2025-01-29 08:00 (UTC) to 2025-01-30 08:00 (UTC)

Remember points rewards are first come first serve so be sure to claim your points daily!