MarketDownturns
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The recent drop in crypto market has definitely caught many investors.To navigate this challenging period, it's essential to stay informed,not panic sell,reassess your investment,stay calm,informed, & strategic.Let's stay strong & navigate through this together! #MarketDownturns
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Post about #MarketDownturn to win up to 1000 USDC!
Participate in our #MarketDownturn campaign for a chance to win up to 1000 USDC! Share your thoughts on the crypto market drop, its causes, and your strategies for making the most out of it. Let's stay strong and navigate this market together!
Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)
To Participate:Â
Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
Include:
Analysis of what's causing the market drop;Your strategies for capitalizing on the downturn;Tips for staying strong and resilient during market fluctuations.
Make sure your post has a minimum length of 200 characters.
Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection:Â
Twenty posts generating the most unique engagement will each be rewarded with 50 USDC.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)
To Participate:Â
Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
Include:
Analysis of what's causing the market drop;Your strategies for capitalizing on the downturn;Tips for staying strong and resilient during market fluctuations.
Make sure your post has a minimum length of 200 characters.
Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.
Winner Selection:Â
Twenty posts generating the most unique engagement will each be rewarded with 50 USDC.
Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 200 characters will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Bitcoin Movement Adviceâ
ïž
My advice to everyone don't panic or rush.
Stay cool and calm if you're a long-term investor or a serious trader.
If you're a spot trader and have invested in solid coins like
$BTC
$ETH
or $BTC
remember that the crypto market requires patience. Thank you.
#BTCMarketPanic #RecessionOrDip #MarketDownturns #etherreum #BNBAnalysis
My advice to everyone don't panic or rush.
Stay cool and calm if you're a long-term investor or a serious trader.
If you're a spot trader and have invested in solid coins like
$BTC
$ETH
or $BTC
remember that the crypto market requires patience. Thank you.
#BTCMarketPanic #RecessionOrDip #MarketDownturns #etherreum #BNBAnalysis
Many people have lost their positions when the price has returned.
Including me, today's decline has caused a lot of stop losses in contracts.
Why stop loss, not technical aspects? Isn't it awesome? Technology is emotionless, while trading is human nature, and human nature is often invincible. If you enter the left side too early, the position will not meet your own judgment and expectations after replenishing the position, so you have to cut your losses and leave.
Still need to learn... and practice~
$BTC
#MarketDownturn #MarketDownturns #RecessionOrDip? #BTCMarketPanic #BinanceTurns7
Including me, today's decline has caused a lot of stop losses in contracts.
Why stop loss, not technical aspects? Isn't it awesome? Technology is emotionless, while trading is human nature, and human nature is often invincible. If you enter the left side too early, the position will not meet your own judgment and expectations after replenishing the position, so you have to cut your losses and leave.
Still need to learn... and practice~
$BTC
#MarketDownturn #MarketDownturns #RecessionOrDip? #BTCMarketPanic #BinanceTurns7
đš Crypto Downfall đ
On Sunday and early Monday, $BTC prices dipped below $50,000âan important psychological metric for investor confidence in the broader crypto market, and a more than 20% drop from the previous week. Meanwhile, other tokens like $ETH and $SOL posted a seven-day drop of over 30%. By midday Monday, crypto prices had made a modest comeback as Bitcoin traded around $53,000.
The crypto crash coincided with broader setbacks for the U.S. economy. After humming along for much of July, the stock market fell last week on the heels of new data from the U.S. Labor Department that found that hiring had slowed while the unemployment rate missed expectations, rising to its highest level in nearly three years. The Dow Jones Industry Average fell more than 600 points, with traders dismayed by the Federal Reserve's decision in July to keep its benchmark interest rate unchanged. Even with a long-anticipated cut likely coming in September, fears are growing on Wall Street that action will come too late.
According to the firm, volatility is increasing as traders seek to hedge the uncertainty, with the price of options contracts increasing and trading volume focused on large-cap assets like Bitcoin, Ethereum, and Solana.
#MarketDownturn #RecessionOrDip? #MarketDownturns
On Sunday and early Monday, $BTC prices dipped below $50,000âan important psychological metric for investor confidence in the broader crypto market, and a more than 20% drop from the previous week. Meanwhile, other tokens like $ETH and $SOL posted a seven-day drop of over 30%. By midday Monday, crypto prices had made a modest comeback as Bitcoin traded around $53,000.
The crypto crash coincided with broader setbacks for the U.S. economy. After humming along for much of July, the stock market fell last week on the heels of new data from the U.S. Labor Department that found that hiring had slowed while the unemployment rate missed expectations, rising to its highest level in nearly three years. The Dow Jones Industry Average fell more than 600 points, with traders dismayed by the Federal Reserve's decision in July to keep its benchmark interest rate unchanged. Even with a long-anticipated cut likely coming in September, fears are growing on Wall Street that action will come too late.
According to the firm, volatility is increasing as traders seek to hedge the uncertainty, with the price of options contracts increasing and trading volume focused on large-cap assets like Bitcoin, Ethereum, and Solana.
#MarketDownturn #RecessionOrDip? #MarketDownturns
Why Bitcoin Fell and What about Recovering?
Why bitcoin fell and whether there is hope for recovery
Bitcoin in the moment collapsed to the levels of February 2024. Participants of the cryptocommunity thought about the reasons for the fall of the crypto market and the prospects for the development of the situation
We tell you why bitcoin fell and what is the forecast for the cryptocurrency against the background of the market decline give representatives of the crypto industry.
What is happening with bitcoin
Bitcoin ended last week with a fall. The new working five-day period also began with a decrease in BTC. At the moment, bitcoin dropped to $52,200, a level at which the cryptocurrency was last traded in February 2024. As of the time of writing the review, BTC has recovered to $54,162.
Following bitcoin, the entire crypto market started to fall. For example, the depth of Ethereum's fall reached almost 35% at the moment.
Why bitcoin fell
Several factors could affect the behavior of the crypto market. Let's consider them.
1. Macroeconomic uncertainty. Bitcoin went into decline amid the publication of data on employment in the United States. The number of new jobs was much lower than expected, which increased fears of a possible recession. The Nasdaq and S&P 500 stock indices, whose movements are often repeated by crypto, reacted to the publication by falling.
2. Jump Crypto's actions. Participants of the crypto community paid attention to the fact that Jump Crypto, the cryptocurrency division of Jump Trading, started moving large amounts of cryptocurrency assets such as Ethereum and USDT to exchanges. Representatives of the organization took the steps amid pressure from the U.S. Commodity Futures Trading Commission (CFTC). The liquidation of a large volume of Jump Trading coins played against the market.
3. US elections. The upcoming US presidential election also added uncertainty to the cryptocurrency market. Kamala Harris has started gaining popularity, while Donald Trump, a friend of crypto community participants, is losing ground. Investors are concerned that Harris' victory could negatively affect the crypto market.
4. Central Banks' Actions. The Bank of Japan unexpectedly raised its key interest rate. The decision triggered a drop in Japanese stock indices and put pressure on global markets. The US Federal Reserve's uncertainty over key interest rate changes also added pressure on financial markets.
5. Outflows from crypto-ETFs. Outflows from cryptocurrency funds may have also pressurized the markets. In such circumstances, ETF issuers are forced to sell coins. Their actions put pressure on the cryptocurrency exchange rate.
Analyst Miles Detcher believes that the behavior of the crypto market could also be affected by payments to creditors Mt. Gox and the decline in investor interest in altcoins. He called the situation on the market a "perfect storm", that is, a time of great opportunity.
What now: bitcoin forecast
Many members of the crypto community believe that bitcoin has already passed the local bottom. According to their logic, ahead of the market awaits recovery with the resumption of growth. Optimists believe that the fall should be used to buy coins at an attractive rate.
Trader Eljaboom sees the potential for bitcoin growth resumption. He explained his forecast by the formation of a bullish divergence on the chart of the cryptocurrency. A similar opinion is held by trader SenseiBR_btc. He believes that a bear trap is visible on the coin's chart, which means that bitcoin will soon see growth.
Crypto investor and analyst sunnydecree, in turn, noted that whales use the fall of BTC to buy cryptocurrency at an attractive rate. Such behavior of large investors speaks of their confidence in the prospects of positive movement of bitcoin.
#MarketDownturn #MarketDownturns
$BTC
Bitcoin in the moment collapsed to the levels of February 2024. Participants of the cryptocommunity thought about the reasons for the fall of the crypto market and the prospects for the development of the situation
We tell you why bitcoin fell and what is the forecast for the cryptocurrency against the background of the market decline give representatives of the crypto industry.
What is happening with bitcoin
Bitcoin ended last week with a fall. The new working five-day period also began with a decrease in BTC. At the moment, bitcoin dropped to $52,200, a level at which the cryptocurrency was last traded in February 2024. As of the time of writing the review, BTC has recovered to $54,162.
Following bitcoin, the entire crypto market started to fall. For example, the depth of Ethereum's fall reached almost 35% at the moment.
Why bitcoin fell
Several factors could affect the behavior of the crypto market. Let's consider them.
1. Macroeconomic uncertainty. Bitcoin went into decline amid the publication of data on employment in the United States. The number of new jobs was much lower than expected, which increased fears of a possible recession. The Nasdaq and S&P 500 stock indices, whose movements are often repeated by crypto, reacted to the publication by falling.
2. Jump Crypto's actions. Participants of the crypto community paid attention to the fact that Jump Crypto, the cryptocurrency division of Jump Trading, started moving large amounts of cryptocurrency assets such as Ethereum and USDT to exchanges. Representatives of the organization took the steps amid pressure from the U.S. Commodity Futures Trading Commission (CFTC). The liquidation of a large volume of Jump Trading coins played against the market.
3. US elections. The upcoming US presidential election also added uncertainty to the cryptocurrency market. Kamala Harris has started gaining popularity, while Donald Trump, a friend of crypto community participants, is losing ground. Investors are concerned that Harris' victory could negatively affect the crypto market.
4. Central Banks' Actions. The Bank of Japan unexpectedly raised its key interest rate. The decision triggered a drop in Japanese stock indices and put pressure on global markets. The US Federal Reserve's uncertainty over key interest rate changes also added pressure on financial markets.
5. Outflows from crypto-ETFs. Outflows from cryptocurrency funds may have also pressurized the markets. In such circumstances, ETF issuers are forced to sell coins. Their actions put pressure on the cryptocurrency exchange rate.
Analyst Miles Detcher believes that the behavior of the crypto market could also be affected by payments to creditors Mt. Gox and the decline in investor interest in altcoins. He called the situation on the market a "perfect storm", that is, a time of great opportunity.
What now: bitcoin forecast
Many members of the crypto community believe that bitcoin has already passed the local bottom. According to their logic, ahead of the market awaits recovery with the resumption of growth. Optimists believe that the fall should be used to buy coins at an attractive rate.
Trader Eljaboom sees the potential for bitcoin growth resumption. He explained his forecast by the formation of a bullish divergence on the chart of the cryptocurrency. A similar opinion is held by trader SenseiBR_btc. He believes that a bear trap is visible on the coin's chart, which means that bitcoin will soon see growth.
Crypto investor and analyst sunnydecree, in turn, noted that whales use the fall of BTC to buy cryptocurrency at an attractive rate. Such behavior of large investors speaks of their confidence in the prospects of positive movement of bitcoin.
#MarketDownturn #MarketDownturns
$BTC
đšReasons behind the #MarketDownturn đš
đș You know middle east conflict Israel attack on Iran and killed a leader of a specific group. After that I want gave statement he will retailiate. This conflict is a man and major reason behind #MarketDownturns market crash.
đșSecond is Japanese stock market, and interest rate increase by Japanese government. From the past 30 years Japanese finans institutes gave loan to his businessman investors and Japanese community @ 0% now he is increase 0.25%. this is second reason
đșOn the other hand in Bangladesh and United Kingdom faces some protest. In Bangladesh protest or very serious condition protesters stand to remove the government of ''sheikh haseena wajid'' that is prime minister of Bangladesh. In UK a person killed by terrorist the local communities blame this murdered by a Muslim so local community protest there that is little built impact of Uk market.
đ All over United States stock market Nasadaq was also in downtrend in previous week. Tesla company owner and ward number 1 billionaire businessman alone musk also in whose lose the loss is almost 2.70$ billion.
đ So how we will save from heavy lost here are some instructions, the patience don't worry and invest more if you have now investment to invest more than you should hold your owns and wait. Within a week less than a week market will start there in a week.
đ Stay Update !
#MarketDownturn #RecessionOrDip? #MarketDownturns
đș You know middle east conflict Israel attack on Iran and killed a leader of a specific group. After that I want gave statement he will retailiate. This conflict is a man and major reason behind #MarketDownturns market crash.
đșSecond is Japanese stock market, and interest rate increase by Japanese government. From the past 30 years Japanese finans institutes gave loan to his businessman investors and Japanese community @ 0% now he is increase 0.25%. this is second reason
đșOn the other hand in Bangladesh and United Kingdom faces some protest. In Bangladesh protest or very serious condition protesters stand to remove the government of ''sheikh haseena wajid'' that is prime minister of Bangladesh. In UK a person killed by terrorist the local communities blame this murdered by a Muslim so local community protest there that is little built impact of Uk market.
đ All over United States stock market Nasadaq was also in downtrend in previous week. Tesla company owner and ward number 1 billionaire businessman alone musk also in whose lose the loss is almost 2.70$ billion.
đ So how we will save from heavy lost here are some instructions, the patience don't worry and invest more if you have now investment to invest more than you should hold your owns and wait. Within a week less than a week market will start there in a week.
đ Stay Update !
#MarketDownturn #RecessionOrDip? #MarketDownturns
#MarketDownturn
why crypto market crashed?
Bitcoin has plummeted to around $53,000, marking a significant decline, while Ether has also turned negative for 2024, reflecting broader concerns in the crypto sector. This downturn is driven by regulatory pressures, adverse macroeconomic factors like weak US job data, and the Japanese stock market crash
i think these all are fake but the real reason behind all this is Iran Israel conflict
due to which market faced the huge backslash
#MarketDownturns
$BNB
$SOL
why crypto market crashed?
Bitcoin has plummeted to around $53,000, marking a significant decline, while Ether has also turned negative for 2024, reflecting broader concerns in the crypto sector. This downturn is driven by regulatory pressures, adverse macroeconomic factors like weak US job data, and the Japanese stock market crash
i think these all are fake but the real reason behind all this is Iran Israel conflict
due to which market faced the huge backslash
#MarketDownturns
$BNB
$SOL
Moving away from Consolidated Views
#MarketDownturns #MarketDownturnCampaign
There comes a time when we go back to the founding principles of trading., that what works for you doesn't necessary work for me, that is to mean that individual strategies doesn't work for everyone even if it's #COPYTRADING . The ability to analyze market trends doesn't apply to every trader
Moving away from Monday mayhem some #crypocurrency has improved and cooled down the market, this soothing sentiment imply that there's a better chances of making money.
Downward momentum has slowed down, now there's low confidence in the market and making use of it is number one rule of a trader and in the process the market will rejuvenate and stabilize.
Incase of unlikely outcome never panic always hold your coin ... there's time to get into the market and time to leave the market .#
Forget about Monday mayhem concentrate on how you entered the market.
#MarketDownturns #MarketDownturnCampaign
There comes a time when we go back to the founding principles of trading., that what works for you doesn't necessary work for me, that is to mean that individual strategies doesn't work for everyone even if it's #COPYTRADING . The ability to analyze market trends doesn't apply to every trader
Moving away from Monday mayhem some #crypocurrency has improved and cooled down the market, this soothing sentiment imply that there's a better chances of making money.
Downward momentum has slowed down, now there's low confidence in the market and making use of it is number one rule of a trader and in the process the market will rejuvenate and stabilize.
Incase of unlikely outcome never panic always hold your coin ... there's time to get into the market and time to leave the market .#
Forget about Monday mayhem concentrate on how you entered the market.
#MarketDownturns Don't Panic!Market downturns are a natural part of the economic cycle. Instead of worrying, use this time to:Rebalance your portfolio Diversify your investments Focus on long-term growth Remember, every downturn is an opportunity to buy low and sell high in the future. Stay calm, stay informed, and stay invested!