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RecessionOrDip?
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Goldman Sachs has increased the probability of a U.S. recession next year from 15% to 25%, highlighting concerns despite a seemingly stable economy. They suggest that while the risk is still limited, the Federal Reserve may need to cut rates by 25 basis points in the coming months. This forecast contrasts with more aggressive predictions from JPMorgan and Citigroup. How do you interpret these differing economic outlooks and the potential impact on markets? Share your thoughts! 📉💼
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Goldman Sachs Raises US Recession Probability For Next YearAccording to Odaily, Goldman Sachs economists have increased the likelihood of a U.S. recession next year from 15% to 25%. Despite this, they emphasize that there are several reasons not to be overly concerned about a recession, even with a significant rise in unemployment rates. Led by Jan Hatzius, the economists stated, 'We still believe the risk of a recession is limited. The overall economy appears to be in good shape, with no major financial imbalances, and the Federal Reserve has ample room to cut interest rates quickly if necessary.'It is noteworthy that Goldman Sachs' forecast for the Federal Reserve is less aggressive compared to JPMorgan and Citigroup. Hatzius' team anticipates the Fed will lower the benchmark interest rate by 25 basis points in September, November, and December. In contrast, JPMorgan and Citigroup expect a 50 basis point cut in September. Goldman Sachs' report states, 'Our forecast assumes that job growth will rebound in August, and the FOMC will consider a 25 basis point rate cut sufficient to address any downside risks. If we are wrong and the August jobs report is as weak as July's, a 50 basis point cut in September is possible.'The economists also expressed skepticism about the U.S. labor market facing a rapid deterioration risk. They argue that job vacancies indicate demand remains robust, and there are no apparent shocks triggering a downturn.

Goldman Sachs Raises US Recession Probability For Next Year

According to Odaily, Goldman Sachs economists have increased the likelihood of a U.S. recession next year from 15% to 25%. Despite this, they emphasize that there are several reasons not to be overly concerned about a recession, even with a significant rise in unemployment rates. Led by Jan Hatzius, the economists stated, 'We still believe the risk of a recession is limited. The overall economy appears to be in good shape, with no major financial imbalances, and the Federal Reserve has ample room to cut interest rates quickly if necessary.'It is noteworthy that Goldman Sachs' forecast for the Federal Reserve is less aggressive compared to JPMorgan and Citigroup. Hatzius' team anticipates the Fed will lower the benchmark interest rate by 25 basis points in September, November, and December. In contrast, JPMorgan and Citigroup expect a 50 basis point cut in September. Goldman Sachs' report states, 'Our forecast assumes that job growth will rebound in August, and the FOMC will consider a 25 basis point rate cut sufficient to address any downside risks. If we are wrong and the August jobs report is as weak as July's, a 50 basis point cut in September is possible.'The economists also expressed skepticism about the U.S. labor market facing a rapid deterioration risk. They argue that job vacancies indicate demand remains robust, and there are no apparent shocks triggering a downturn.
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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: 
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: 
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.
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Bitcoin Miners Increase Holdings by 4,500 BTC in July, Worth $300 Million
According to Into The Block Data::  Bitcoin miners have significantly increased their holdings, adding 4,500 BTC in July, according to a post by IntoTheBlock on X. The newly acquired BTC is valued at approximately $300 million, reflecting a strategic move by miners amid current market conditions.Increased Holdings and Market ImpactIntoTheBlock's data highlights a substantial increase in miners' BTC holdings, indicating a bullish outlook and confidence in Bitcoin's future performance. The addition of 4,500 BTC, worth $300 million, demonstrates miners' commitment to holding rather than selling their Bitcoin, potentially reducing sell pressure on the market.Strategic ImplicationsThis increase in miners' holdings can be seen as a positive signal for the broader cryptocurrency market. Miners are showing confidence in the long-term value and stability of the asset by accumulating Bitcoin. This accumulation could also influence market dynamics by reducing the available supply, potentially driving up prices.
#BTCMarketPanic #RecessionOrDip? 😎Bitcoin decreased by more than 15% in the last 24 hours and fell below the level of $53,530. The fall has been stronger than before, and the previous support level has also been broken. The probability of the price continuing to fall to $50,000 is now very high because this is the next level of demand. In the current situation, it is better to stay away from trading and value your capital. {future}(BTCUSDT) $BTC
#BTCMarketPanic
#RecessionOrDip?
😎Bitcoin decreased by more than 15% in the last 24 hours and fell below the level of $53,530.

The fall has been stronger than before, and the previous support level has also been broken.

The probability of the price continuing to fall to $50,000 is now very high because this is the next level of demand.

In the current situation, it is better to stay away from trading and value your capital.
$BTC
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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: 
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: 
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.
WHY THE BLOODY 🩸🩸🩸🩸MARKET DOWN TURN Its blood shed all over the crypto market and here are the FAMOUS reasons why:???????? 1 slowing inflow of US spot bitcoin efts is causing market down 2. Wars Tensions, the war between Iran and Israel is causing people to panick hence selling off their assets 3.japanese market crash and Korea is a contribute to the market down turn 4.Regulatary uncertainty, lack of regulatary clarity contributes to the market instability making investors cautious 5 . Out flow of spot ethereum , the new launched US- based spot ether exchange- traded funds ( ETFs) faced out flow on second day trading, logging a net out flow of $133.3 million 6. Big whales impact , when big whales sell out their assets contributes to market down turn for example WARREN BUFFET sold off 50% of his $AAPL holdings Global economic impact , the global economic condition such inflation,interest rates and recession Also contribute To the market run down That’s what I managed to to collect give me more reasons in the comment section STRATEGIES FOR CAPITALIZING ON DOWN TURN There is always a blessing in disguise 🥸 In this market down turn here is what your supposed to do 1. Buying the dip 2. Staking assets to earn daily 3 . Make research about coins of your interest 4. Hold don’t sell in losses HOW TO BEHAVE IN THIS DOWNTURN 1. Don’t listen to negativity 2. Stay calm 3. Be strong the market will get back 4. Make your own research in this period $BTC $ETH #BTC_MarketPanic_Dip #MarketDownturn #ETH_ETFs_Approval_Predictions #RecessionOrDip?
WHY THE BLOODY 🩸🩸🩸🩸MARKET DOWN TURN
Its blood shed all over the crypto market and here are the FAMOUS reasons why:????????
1 slowing inflow of US spot bitcoin efts is causing market down
2. Wars Tensions, the war between Iran and Israel is causing people to panick hence selling off their assets
3.japanese market crash and Korea is a contribute to the market down turn

4.Regulatary uncertainty, lack of regulatary clarity contributes to the market instability making investors cautious
5 . Out flow of spot ethereum , the new launched US- based spot ether exchange- traded funds ( ETFs) faced out flow on second day trading, logging a net out flow of $133.3 million
6. Big whales impact , when big whales sell out their assets contributes to market down turn for example WARREN BUFFET sold off 50% of his $AAPL holdings
Global economic impact , the global economic condition such inflation,interest rates and recession Also contribute To the market run down
That’s what I managed to to collect give me more reasons in the comment section
STRATEGIES FOR CAPITALIZING ON DOWN TURN
There is always a blessing in disguise 🥸
In this market down turn here is what your supposed to do
1. Buying the dip
2. Staking assets to earn daily
3 . Make research about coins of your interest
4. Hold don’t sell in losses
HOW TO BEHAVE IN THIS DOWNTURN
1. Don’t listen to negativity
2. Stay calm
3. Be strong the market will get back
4. Make your own research in this period
$BTC $ETH #BTC_MarketPanic_Dip
#MarketDownturn
#ETH_ETFs_Approval_Predictions #RecessionOrDip?
🚨 THE WORST MARKET SETUP IS RIGHT IN FRONT OF US 🚨 - WAR SITUATION IN MIDDLE EAST - JAPANESE STOCK MARKET CRASHING - TRUMP WINNING ODD DECREASING FROM 70% TO 52% - JUMP TRADING DUMPING ETH - CIVIL WARS IN UK - UNEMPLOYMENT SHOOTING HIGH IN THE US - GENESIS AND MT. GOX STILL SELLING BUT SOMEHOW DURING THESE WORST PERIODS, WE OFTEN GET THE BEST BUYING OPPORTUNITY #MarketDownturn #MarketDownturns #Write2Earn! #RecessionOrDip? #BinanceTurns7
🚨 THE WORST MARKET SETUP IS RIGHT IN FRONT OF US 🚨

- WAR SITUATION IN MIDDLE EAST
- JAPANESE STOCK MARKET CRASHING
- TRUMP WINNING ODD DECREASING FROM 70% TO 52%
- JUMP TRADING DUMPING ETH
- CIVIL WARS IN UK
- UNEMPLOYMENT SHOOTING HIGH IN THE US
- GENESIS AND MT. GOX STILL SELLING

BUT SOMEHOW DURING THESE WORST PERIODS, WE OFTEN GET THE BEST BUYING OPPORTUNITY

#MarketDownturn #MarketDownturns #Write2Earn! #RecessionOrDip? #BinanceTurns7
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Why is there a panic sell in the market right now? Several factors are contributing to the current panic sell: Decreasing Election Odds for Trump: The uncertainty around the upcoming election, with Trump's odds of winning decreasing, is causing market instability. Recession Fears: The US unemployment rate has risen higher than expected to 4.3%, triggering fears of a recession. Traditional investors, fearing a downturn, are selling off stocks, and this panic is spilling over into the crypto market as well. Warren Buffet’s Moves: Warren Buffet has sold 50% of his Apple shares and is holding a record amount of cash. This move has alarmed investors, leading them to believe he anticipates a recession. Consequently, they are selling off Apple shares (which are down 7% before Monday's trading), along with other stocks and cryptocurrencies to hold cash. Japan’s Market Crash: Japan's stock market has experienced its largest drop in the past decade. Since Japanese investors are significant players in the crypto market, the panic is spreading from stocks to cryptocurrencies. Geopolitical Tensions in the Middle East: Rising geopolitical tensions are adding to the uncertainty and contributing to the market sell-off. Altcoin Investor Fatigue: Many altcoin investors have run out of patience and are selling off their remaining holdings, potentially signaling a capitulation phase. These combined factors are creating a perfect storm, leading to widespread panic selling in both traditional and cryptocurrency markets #MarketDownturn #RecessionOrDip? #MarketDownturns
Why is there a panic sell in the market right now?
Several factors are contributing to the current panic sell:
Decreasing Election Odds for Trump: The uncertainty around the upcoming election, with Trump's odds of winning decreasing, is causing market instability.
Recession Fears: The US unemployment rate has risen higher than expected to 4.3%, triggering fears of a recession. Traditional investors, fearing a downturn, are selling off stocks, and this panic is spilling over into the crypto market as well.
Warren Buffet’s Moves: Warren Buffet has sold 50% of his Apple shares and is holding a record amount of cash. This move has alarmed investors, leading them to believe he anticipates a recession. Consequently, they are selling off Apple shares (which are down 7% before Monday's trading), along with other stocks and cryptocurrencies to hold cash.
Japan’s Market Crash: Japan's stock market has experienced its largest drop in the past decade. Since Japanese investors are significant players in the crypto market, the panic is spreading from stocks to cryptocurrencies.
Geopolitical Tensions in the Middle East: Rising geopolitical tensions are adding to the uncertainty and contributing to the market sell-off.
Altcoin Investor Fatigue: Many altcoin investors have run out of patience and are selling off their remaining holdings, potentially signaling a capitulation phase.
These combined factors are creating a perfect storm, leading to widespread panic selling in both traditional and cryptocurrency markets

#MarketDownturn #RecessionOrDip? #MarketDownturns
Was Warren Buffett right?  Was Warren Buffett right?  Bitcoin BTC $52,958 starts the first full week of August with a shock as global stock markets see a record-breaking correction. BTC price downside is taking everyone by surprise as BTC/USD hits its lowest levels since February. Down nearly $18,000 in days, Bitcoin is joining an alarming comedown across risk assets worldwide as talk of recession takes hold in the United States. The speed of the turnaround in crypto market sentiment is a sight to behold — just a week ago, Bitcoin was trading near $70,000, and analysis saw new all-time highs coming next. Now 25% lower, BTC price action is busy liquidating long positions to the tune of hundreds of millions of dollars. Altcoins are faring worse, with largest altcoin Ether  ETH $2,331 down nearly 40% in the same period. Even the Japanese stock market has delivered harsher losses than BTC/USD, a nod to the global nature of the current market reset. What will happen in the coming days is anyone’s guess, but for crypto holders, the main concern is where the bottom might now lie. Bitcoin has given up — once again — multiple bull market support levels and plunged a significant section of its hodler base into unrealized losses. Some see only central bank policy intervention saving the day, while others argue that, despite its brutal nature, a stock correction was only a matter of time. Cointelegraph takes a look at the state of play on Bitcoin and beyond as a new Wall Street trading week begins and a grim sense of uncertainty pervades crypto markets. Bitcoin price sags under $50K in brutal crypto crash To say that Bitcoin bulls have lost big is an understatement in the current climate. Not only is BTC/USD trading at levels last seen 25 weeks ago, crypto liquidations in the past 24 hours have passed $1 billion, as confirmed by monitoring resource CoinGlass. In total, the combined crypto market cap has lost more than $500 billion over the last three days, setting a yearly record. “Bitcoin & Crypto are in capitulation as everything drops 10-18% overnight,” Michaël van de Poppe, founder and CEO of trading firm MNTrading, summarized in part of a reaction on X. Like many, Van de Poppe was taken by surprise as the pace of market losses accelerated in step with the first Asia trading session of the week for stocks. “Uncomfy in spot,” popular trader Jelle admitted on the day, characterizing the sense of unease across the trading community. Fellow trader Credible Crypto hoped that $50,000 would at least remain intact as support. “BTC lows taken, weekly demand tapped, front-running the higher TF zone at 49k (for now), meanwhile $ETH has dived right into it's own HTF zone and nearly pushed through it,” part of his latest X coverage explains. Credible Crypto added that more proof was needed before establishing likely lines in the sand for the markets, referencing a July chart showing likely areas of mass demand. “Ideally, BTC never makes it to that HTF demand below 50k and this is the worst of the drop,” he continued. “I'm inclined to believe this is the case, but we have zero confirmation yet, so will be watching PA to get further signs of a full on reversal.” Veteran trader Peter Brandt nonetheless warned that further downside could easily result from current levels. In a recent edition of its weekly newsletter, “The Week Onchain,” Glassnode linked high levels of unrealized losses to investors’ risk of panic selling. “This cohort saw over 90% of their supply fall into a loss in late July, putting them into a financially stressful position,” it wrote. Glassnode subsequently added that Bitcoin’s “diamond hands,” the long-term holder cohort, remained committed to not selling as of late July. “Long-term investors currently hold 45% of the network wealth, which is relatively elevated compared to near macro cycle topping events. This underscores that LTHs hold the coins in HODL mode and are arguably patiently waiting for higher prices to divest into market strength,” it suggested. No talk of buying Not a surprise, but telling nonetheless — crypto market sentiment is back on the cusp of “extreme fear.” The latest readings from the Crypto Fear & Greed Index reveal a collapse in faith among investors. On July 29, “extreme greed” was around the corner as markets headed for a retest of all-time highs, but just days later, such a scenario could not be further from reality. Fear & Greed measured 26/100 as of Aug. 5, and as a lagging indicator, likely has further to fall. Analyzing the social media landscape, research firm Santiment even suggested that there might not be enough panic to produce confidence in a long-term market bottom and justify a mass buying spree. “Is this THE dip?” it queried on X. “Discussions about buying have spiked, but not as much as you may think on such a dramatic drop. Expect for the bigger reaction to come as the US wakes up for their Monday morning shock. Emotional selloffs will only accelerate the timing of crypto's rebo {spot}(ETHUSDT) #RecessionOrDip?

Was Warren Buffett right? 

Was Warren Buffett right? 

Bitcoin BTC $52,958 starts the first full week of August with a shock as global stock markets see a record-breaking correction.

BTC price downside is taking everyone by surprise as BTC/USD hits its lowest levels since February.

Down nearly $18,000 in days, Bitcoin is joining an alarming comedown across risk assets worldwide as talk of recession takes hold in the United States.

The speed of the turnaround in crypto market sentiment is a sight to behold — just a week ago, Bitcoin was trading near $70,000, and analysis saw new all-time highs coming next.

Now 25% lower, BTC price action is busy liquidating long positions to the tune of hundreds of millions of dollars.

Altcoins are faring worse, with largest altcoin Ether 

ETH $2,331 down nearly 40% in the same period. Even the Japanese stock market has delivered harsher losses than BTC/USD, a nod to the global nature of the current market reset.

What will happen in the coming days is anyone’s guess, but for crypto holders, the main concern is where the bottom might now lie.

Bitcoin has given up — once again — multiple bull market support levels and plunged a significant section of its hodler base into unrealized losses.

Some see only central bank policy intervention saving the day, while others argue that, despite its brutal nature, a stock correction was only a matter of time.

Cointelegraph takes a look at the state of play on Bitcoin and beyond as a new Wall Street trading week begins and a grim sense of uncertainty pervades crypto markets.

Bitcoin price sags under $50K in brutal crypto crash

To say that Bitcoin bulls have lost big is an understatement in the current climate.

Not only is BTC/USD trading at levels last seen 25 weeks ago, crypto liquidations in the past 24 hours have passed $1 billion, as confirmed by monitoring resource CoinGlass.

In total, the combined crypto market cap has lost more than $500 billion over the last three days, setting a yearly record.

“Bitcoin & Crypto are in capitulation as everything drops 10-18% overnight,” Michaël van de Poppe, founder and CEO of trading firm MNTrading, summarized in part of a reaction on X.

Like many, Van de Poppe was taken by surprise as the pace of market losses accelerated in step with the first Asia trading session of the week for stocks.

“Uncomfy in spot,” popular trader Jelle admitted on the day, characterizing the sense of unease across the trading community.

Fellow trader Credible Crypto hoped that $50,000 would at least remain intact as support.

“BTC lows taken, weekly demand tapped, front-running the higher TF zone at 49k (for now), meanwhile $ETH has dived right into it's own HTF zone and nearly pushed through it,” part of his latest X coverage explains.

Credible Crypto added that more proof was needed before establishing likely lines in the sand for the markets, referencing a July chart showing likely areas of mass demand.

“Ideally, BTC never makes it to that HTF demand below 50k and this is the worst of the drop,” he continued.

“I'm inclined to believe this is the case, but we have zero confirmation yet, so will be watching PA to get further signs of a full on reversal.”

Veteran trader Peter Brandt nonetheless warned that further downside could easily result from current levels.

In a recent edition of its weekly newsletter, “The Week Onchain,” Glassnode linked high levels of unrealized losses to investors’ risk of panic selling.

“This cohort saw over 90% of their supply fall into a loss in late July, putting them into a financially stressful position,” it wrote.

Glassnode subsequently added that Bitcoin’s “diamond hands,” the long-term holder cohort, remained committed to not selling as of late July.

“Long-term investors currently hold 45% of the network wealth, which is relatively elevated compared to near macro cycle topping events. This underscores that LTHs hold the coins in HODL mode and are arguably patiently waiting for higher prices to divest into market strength,” it suggested.

No talk of buying

Not a surprise, but telling nonetheless — crypto market sentiment is back on the cusp of “extreme fear.”

The latest readings from the Crypto Fear & Greed Index reveal a collapse in faith among investors.

On July 29, “extreme greed” was around the corner as markets headed for a retest of all-time highs, but just days later, such a scenario could not be further from reality.

Fear & Greed measured 26/100 as of Aug. 5, and as a lagging indicator, likely has further to fall.

Analyzing the social media landscape, research firm Santiment even suggested that there might not be enough panic to produce confidence in a long-term market bottom and justify a mass buying spree.

“Is this THE dip?” it queried on X.

“Discussions about buying have spiked, but not as much as you may think on such a dramatic drop. Expect for the bigger reaction to come as the US wakes up for their Monday morning shock. Emotional selloffs will only accelerate the timing of crypto's rebo

#RecessionOrDip?
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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: 
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: 
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.
$BTC 💵💵 Daily Levels! We bounce from 49000 level which is good sign! But with this sentiment and Fear, If 49k is broken we can see the lower levels! Next Main Support is 43888$ and 38499$! This is the Big Levels! Now everything is in the hands of the Bulls to hold this Level. Very soon it will be decided, waiting for US! Japan have the biggest Collapse! Robinhood Halted Trading Iran is preparing for attack! All of this are Bearish News, hope you see my updates early enough, because Chart is always telling the news First! Show me The Chart and I`ll tell you the news! Main Thing now is Daily to close above 49000! #BTCMarketPanic #RecessionOrDip? #Babylon_Mainnet_Launch #MarketDownturn
$BTC 💵💵
Daily Levels!
We bounce from 49000 level which is good sign! But with this sentiment and Fear, If 49k is broken we can see the lower levels!
Next Main Support is 43888$ and 38499$! This is the Big Levels!
Now everything is in the hands of the Bulls to hold this Level.
Very soon it will be decided, waiting for US!
Japan have the biggest Collapse!
Robinhood Halted Trading
Iran is preparing for attack!
All of this are Bearish News, hope you see my updates early enough, because Chart is always telling the news First!
Show me The Chart and I`ll tell you the news!
Main Thing now is Daily to close above 49000!
#BTCMarketPanic
#RecessionOrDip?
#Babylon_Mainnet_Launch
#MarketDownturn
claim 10 usdt now 🎁🎁🎁 "Overcoming Losses in Trading: 3 Key Fundamentals If you're facing losses in trading, remember that improvement is possible by focusing on these essential principles: 1. *Set Clear Goals* Define your objectives before or after taking a trade. Determine your stop loss and take profit levels. Don't hold onto losing trades hoping for a rebound; consider alternative investments with liquid assets. 1. *Test Your Theory* Evaluate your trading confluence by: - Staying informed about market news and events - Challenging your assumptions - Analyzing opposing patterns and key price levels - Assessing the significance of news events and potential market impact Tear your strategy apart, and if the odds favor you, proceed with confidence. 1. *Discipline* Master the art of patience and discipline by: - Avoiding impulsive stop loss modifications - Validating new ideas through rigorous evaluation - Refraining from low-confidence trades - Embracing the value of waiting for opportune moments Remember, Open link to claim 10 usdt now 🎁🎁🎁 #RecessionOrDip? #BinanceHODLerBANANA #MarketDownturn #Write2Earn! #VanEck_SOL_ETFS $BNB {spot}(BNBUSDT)
claim 10 usdt now 🎁🎁🎁
"Overcoming Losses in Trading: 3 Key Fundamentals
If you're facing losses in trading, remember that improvement is possible by focusing on these essential principles:
1. *Set Clear Goals*
Define your objectives before or after taking a trade. Determine your stop loss and take profit levels. Don't hold onto losing trades hoping for a rebound; consider alternative investments with liquid assets.
1. *Test Your Theory*
Evaluate your trading confluence by:
- Staying informed about market news and events
- Challenging your assumptions
- Analyzing opposing patterns and key price levels
- Assessing the significance of news events and potential market impact
Tear your strategy apart, and if the odds favor you, proceed with confidence.
1. *Discipline*
Master the art of patience and discipline by:
- Avoiding impulsive stop loss modifications
- Validating new ideas through rigorous evaluation
- Refraining from low-confidence trades
- Embracing the value of waiting for opportune moments
Remember,
Open link to claim 10 usdt now 🎁🎁🎁 #RecessionOrDip? #BinanceHODLerBANANA #MarketDownturn #Write2Earn! #VanEck_SOL_ETFS $BNB
🤓Bitcoin Triple Threat: Three Signals for a BTC Price Rebound! A top analyst has identified three key signals suggesting a potential Bitcoin price rebound. Are you ready for the next BTC surge? ⚡️Bullish Divergence: BTC's price shows a bullish divergence, indicating a possible upward movement. ⚡️On-Chain Metrics: Strong on-chain metrics support a positive trend for Bitcoin. ⚡️Market Sentiment: Improving market sentiment hints at a brighter future for BTC. follow for more updates! {spot}(BTCUSDT) #RecessionOrDip? #MarketDownturn
🤓Bitcoin Triple Threat: Three Signals for a BTC Price Rebound! A top analyst has identified three key signals suggesting a potential Bitcoin price rebound. Are you ready for the next BTC surge?

⚡️Bullish Divergence: BTC's price shows a bullish divergence, indicating a possible upward movement.

⚡️On-Chain Metrics: Strong on-chain metrics support a positive trend for Bitcoin.

⚡️Market Sentiment: Improving market sentiment hints at a brighter future for BTC.

follow for more updates!
#RecessionOrDip? #MarketDownturn
🚨 Crypto Crisis? Not Long-term, Says Binance CEO Richard Teng 🚨 Richard Teng, the new CEO of Binance after Changpeng Zhao, believes that recent declines in cryptocurrencies won't last long. Pointing to geopolitical activity and potential Fed interest rate cuts, Teng remains optimistic about the future. On Binance, the world's largest cryptocurrency exchange, Teng shared his thoughts on X: “The sharp declines in the crypto and stock markets are due to macroeconomic factors. As a stock market, we do not think this is a long-term trend. The Fed's possible interest rate cuts and geopolitical volatility could continue to trigger market fluctuations. Always continue to do your own research, gain knowledge, and stay proactive.” $BNB , Binance's own token, has also faced challenges. After reaching $600 for the first time since 2021, $BNB is currently trading at $424. Today, US media made a surprising claim regarding the Fed's interest rate cuts, suggesting an urgent cut could happen within a week. Stay informed and keep trading smart! 🚀📈 #RecessionOrDip? #MarketDownturn #MarketDownturns {spot}(BNBUSDT)
🚨 Crypto Crisis? Not Long-term, Says Binance CEO Richard Teng 🚨

Richard Teng, the new CEO of Binance after Changpeng Zhao, believes that recent declines in cryptocurrencies won't last long. Pointing to geopolitical activity and potential Fed interest rate cuts, Teng remains optimistic about the future.
On Binance, the world's largest cryptocurrency exchange, Teng shared his thoughts on X:

“The sharp declines in the crypto and stock markets are due to macroeconomic factors. As a stock market, we do not think this is a long-term trend. The Fed's possible interest rate cuts and geopolitical volatility could continue to trigger market fluctuations. Always continue to do your own research, gain knowledge, and stay proactive.”

$BNB , Binance's own token, has also faced challenges. After reaching $600 for the first time since 2021, $BNB is currently trading at $424.
Today, US media made a surprising claim regarding the Fed's interest rate cuts, suggesting an urgent cut could happen within a week.

Stay informed and keep trading smart! 🚀📈

#RecessionOrDip? #MarketDownturn #MarketDownturns
$ETH $BTC $LTC RED MONDAY ALERT ‼️ In light of today's market crash, many are wondering if Warren Buffett foresaw the downturn. Recently, Buffett made headlines by selling nearly half of his Apple shares, which made up a substantial 40.8% of his portfolio. This wasn't a small adjustment; it was a significant shift. The timing of his sell-off suggests he might have anticipated the current market turbulence. By selling at a high, Buffett secured profits and protected against future losses. As a result, he now holds $277 billion in cash, underscoring his cautious approach. This move isn't just about Apple; it reflects broader concerns over rising interest rates, geopolitical uncertainties, and a slowing global economy. Buffett’s decision to reduce his holdings, rather than exit completely, hints at a more conservative stance amid increasing market volatility. Was this a strategic maneuver by one of the world's top investors, or simply a prudent response to uncertainty? While it's hard to say, Buffett's actions certainly offer valuable insight in these uncertain times.$BTC {spot}(BTCUSDT) {spot}(ETHUSDT) {spot}(SOLUSDT) #RecessionOrDip?
$ETH $BTC $LTC RED MONDAY ALERT ‼️
In light of today's market crash, many are wondering if Warren Buffett foresaw the downturn. Recently, Buffett made headlines by selling nearly half of his Apple shares, which made up a substantial 40.8% of his portfolio. This wasn't a small adjustment; it was a significant shift. The timing of his sell-off suggests he might have anticipated the current market turbulence. By selling at a high, Buffett secured profits and protected against future losses. As a result, he now holds $277 billion in cash, underscoring his cautious approach.
This move isn't just about Apple; it reflects broader concerns over rising interest rates, geopolitical uncertainties, and a slowing global economy. Buffett’s decision to reduce his holdings, rather than exit completely, hints at a more conservative stance amid increasing market volatility. Was this a strategic maneuver by one of the world's top investors, or simply a prudent response to uncertainty? While it's hard to say, Buffett's actions certainly offer valuable insight in these uncertain times.$BTC

#RecessionOrDip?
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