Binance Square
MarketDownturn
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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!
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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](https://www.binance.com/feed/secretary). 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](https://www.binance.com/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.](https://www.binance.com/support/faq/what-are-binance-vouchers-and-how-to-redeem-acb5e3f3e3024506b8f4cedefe334d0e)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](https://www.binance.com/support/faq/binance-square-community-management-guidelines-ecb50ef2012f40b2a2c4f72eaa5b569f) or [Terms and Conditions](https://www.binance.com/support/faq/binance-square-community-platform-terms-and-conditions-5dfcea5fbc0d4c4c9c90c2597f3da358).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.](https://www.binance.com/en/pp-terms)

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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Bearish
Analysis Breakdown: - The chart suggests that **Bitcoin has recently seen a move upwards** and is currently testing a previous significant resistance zone (around 63,212-63,531). - The dotted and projected lines appear to outline **two potential price paths**: 1. The price could **move up** towards the Daily BPR, hit the 63,212 - 63,531 resistance, and then **reverse down**. 2. After hitting this resistance, the price is expected to possibly **retrace** back down toward the 4H Breaker Block around the **60,000** level. 3. The scenario suggests that after a brief pullback, a sharper **downward move** may happen, bringing Bitcoin prices down to the **53,000 - 52,000 range**, indicating a bearish bias. Projection: - The chart seems to predict that once the price reaches the resistance zone (Daily BPR), there will be a rejection leading to a significant {future}(BTCUSDT) #BTC☀ #MarketDownturn $BTC
Analysis Breakdown:
- The chart suggests that **Bitcoin has recently seen a move upwards** and is currently testing a previous significant resistance zone (around 63,212-63,531).
- The dotted and projected lines appear to outline **two potential price paths**:
1. The price could **move up** towards the Daily BPR, hit the 63,212 - 63,531 resistance, and then **reverse down**.
2. After hitting this resistance, the price is expected to possibly **retrace** back down toward the 4H Breaker Block around the **60,000** level.
3. The scenario suggests that after a brief pullback, a sharper **downward move** may happen, bringing Bitcoin prices down to the **53,000 - 52,000 range**, indicating a bearish bias.

Projection:

- The chart seems to predict that once the price reaches the resistance zone (Daily BPR), there will be a rejection leading to a significant
#BTC☀ #MarketDownturn $BTC
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Bullish
#Dot – Despite the ongoing market sell-offs, the price has been holding strong without breaking new lows. In fact, bids are starting to dominate. Could this be a sign of accumulation before a potential move upward? Something to keep an eye on. $DOT #Altcoinseason2024 #Polkadot #MarketDownturn {spot}(DOTUSDT)
#Dot – Despite the ongoing market sell-offs, the price has been holding strong without breaking new lows. In fact, bids are starting to dominate. Could this be a sign of accumulation before a potential move upward? Something to keep an eye on.

$DOT #Altcoinseason2024 #Polkadot #MarketDownturn
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CHANU CRYPTO
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Bearish
Bitcoin Update

The chart shows Bitcoin's price heading toward the **Daily Balance Price Range (D BPR)** between **$63,212** and **$63,531**. The expectation is that the price will hit this resistance zone and likely reject, leading to a potential drop towards **$55,000** or lower.
The overall sentiment appears bearish after a short-term rise.
#MarketDownturn
#Bitcoin❗
$BTC
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FED UPDATE: Economic situation slows Inflation falls closer to target FED confident things are on track Unemployment rises but remains low Fed now cares about inflation and unemployment equally The dot plot shows that if things go as expected, interest rates will fall to 4.4% this year and 3.4% by 2025.$BTC $ETH {spot}(BTCUSDT) #MarketDownturn #Write2Win
FED UPDATE:

Economic situation slows
Inflation falls closer to target
FED confident things are on track
Unemployment rises but remains low
Fed now cares about inflation and unemployment equally
The dot plot shows that if things go as expected, interest rates will fall to 4.4% this year and 3.4% by 2025.$BTC $ETH
#MarketDownturn #Write2Win
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FTX prosecutors praised Caroline Ellison's "exemplary cooperation" ahead of her September 24 sentencing on fraud charges. The U.S. government has highlighted her crucial role in convicting founder Sam Bankman-Fried, but has not proposed a specific sentence, asking the judge to consider her assistance. #BinanceTurns7 #MarketDownturn #IntroToCopytrading
FTX prosecutors praised Caroline Ellison's "exemplary cooperation" ahead of her September 24 sentencing on fraud charges.

The U.S. government has highlighted her crucial role in convicting founder Sam Bankman-Fried, but has not proposed a specific sentence, asking the judge to consider her assistance.
#BinanceTurns7 #MarketDownturn #IntroToCopytrading
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Hurry up to get a lot of moneyBinance has officially announced its Ali Bot 😍! Copy the link and join it in the first comment đŸ„ł If it doesn't open, turn off Wi-Fi and use mobile data. Go ahead. #BinanceTurns7 #MarketDownturn

Hurry up to get a lot of money

Binance has officially announced its Ali Bot 😍!
Copy the link and join it in the first comment đŸ„ł
If it doesn't open, turn off Wi-Fi and use mobile data. Go ahead.
#BinanceTurns7 #MarketDownturn
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