Binance Square
Bigmove
9,500 views
6 Posts
Hot
Latest
LIVE
LIVE
cryptosouls
--
Bullish
#Market_Update Bitcoin has been declining since the start of the week, with the $62,700 level initially holding as support on two 4-hour closes. However, we're now trading below this mark. We'll need to see if this level can be reclaimed by the end of the current 4-hour close. If not, a drop to around $61,800, the daily value area high (VAH), seems likely. The range for Monday is between $62,600 and $64,400, and we've managed some successful scalps during the recent weakness. I'm prepared to wait for further confirmation before deciding on the next move. #Bigmove #UpdateAlert
#Market_Update

Bitcoin has been declining since the start of the week, with the $62,700 level initially holding as support on two 4-hour closes.
However, we're now trading below this mark. We'll need to see if this level can be reclaimed by the end of the current 4-hour close. If not, a drop to around $61,800, the daily value area high (VAH), seems likely. The range for Monday is between $62,600 and $64,400, and we've managed some successful scalps during the recent weakness. I'm prepared to wait for further confirmation before deciding on the next move.

#Bigmove #UpdateAlert
EigenLayer’s native token, EIGEN, is a highly anticipated asset as it unlocked for trading on October 1, 2024. This token had been non-transferable since May but is now available on exchanges like Binance and Bitfinex. The early trading data shows strong upward momentum, with EIGEN-linked perpetual futures initially pricing the token around $4 per token. The token has a circulating supply of about 200 million, and its fully diluted valuation could exceed $6.7 billion based on current pricing. EigenLayer has gained attention due to its unique restaking mechanism, where users can deposit tokens to secure networks, with payouts happening in both Ether and EIGEN tokens. This mechanism is likely to fuel continued growth, making it a project to watch closely in October​ For October, as trading stabilizes, we could see increased volatility with a bullish sentiment driven by its large TVL and utility within the staking ecosystem. Keep an eye on its price fluctuations and further developments. $EIGEN #Bigmove #EIGEN #Write2Earn! {future}(EIGENUSDT)
EigenLayer’s native token, EIGEN, is a highly anticipated asset as it unlocked for trading on October 1, 2024. This token had been non-transferable since May but is now available on exchanges like Binance and Bitfinex. The early trading data shows strong upward momentum, with EIGEN-linked perpetual futures initially pricing the token around $4 per token.
The token has a circulating supply of about 200 million, and its fully diluted valuation could exceed $6.7 billion based on current pricing. EigenLayer has gained attention due to its unique restaking mechanism, where users can deposit tokens to secure networks, with payouts happening in both Ether and EIGEN tokens. This mechanism is likely to fuel continued growth, making it a project to watch closely in October​

For October, as trading stabilizes, we could see increased volatility with a bullish sentiment driven by its large TVL and utility within the staking ecosystem. Keep an eye on its price fluctuations and further developments.

$EIGEN #Bigmove #EIGEN #Write2Earn!
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number