Coin #BCH /USDT Position: LONG Leverage: Cross30X Entr | User-sniper coins on Binance Square

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Bullish

Coin #BCH 
/USDT 
Position: LONG 
Leverage:  Cross30X
Entries: 398 - 388
Targets: 🎯 408, 418, 428, 438, 448
Stop Loss: 378
$BCH 
BCHUSDT
Perp

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The recent market analysis for Bitcoin (BTC) and Ethereum (ETH) suggests a bearish trend for both cryptocurrencies in the short term. For Bitcoin, the price has broken below several key support levels, indicating potential further downside. The market sentiment is cautious, with many traders expecting the price to continue to decline in the coming days. Similarly, Ethereum is also showing signs of weakness, with its price falling below critical moving averages. The overall market sentiment around Ethereum is bearish, and it's likely that the price could decrease further in the near term. Based on the current technical indicators and market news, it would be prudent to consider a short position if you are trading futures, as both BTC and ETH appear to be heading downward $BTC $ETH

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LUNC and USTC Pared Earlier Gains #TerraLunaClassic ecosystem tokens failed to build upside momentum despite the upgrade. LUNC and USTC trading activity remained sluggish. After the burn tax distribution, the community awaits the major Tax2Gas upgrade. LUNC price fell 0.5% in the last 24 hours, with the price currently trading at $0.00008353. The 24-hour low and high are $0.00008235 and $0.00008578, respectively. However, trading volume has increased by 15% in the last 24 hours. However, #LUNC price analysis by CoinGape Markets predicted a rally to $0.0001 after a breakout in lower timeframes. Coinglass data shows total $LUNC futures open interest surged over 2%, but 1000LUNC futures on Binance dropped by 3% in the last 24 hours. Meanwhile, #USTC price also dropped 0.60%, with the price now trading at $0.01979. The 24-hour low and high are $0.01947 and $0.02032, respectively. The trading volume saw a 31% drop over the last day. Total $USTC futures open interest saw mixed trading across crypto #exchanges in the last 24 hours. However, some buying notices in the last 4 hours likely due to the Terra Luna Classic upgrade. #July_NonFarmPayrolls_Shock

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