📊 Fundamental Insight: Bitcoin's recent rally is fueled by major institutional buying, indicating strong market interest. However, at this high level, there’s always a risk of short-term corrections as profit-taking sets in.
📉 Technical Analysis: 1️⃣ The recent green candles show strong bullish momentum, pushing BTC to new heights.
2️⃣ The RSI level is sitting in the overbought zone at 88.39, indicating a potential slowdown or correction.
3️⃣ MA(5) and MA(10) show an upward trend, supporting bullish continuation, but caution is advised due to elevated RSI levels.
🔍 Candlestick Pattern Analysis: The daily chart shows a strong bullish candlestick pattern with minimal wicks, highlighting buyers’ dominance. But such strong movements often attract short-sellers, eyeing profit from potential pullbacks.
📉 Short Entry Suggestion: For those looking for a short opportunity, consider setting entries around the $81,000 level with appropriate stop-loss zones to manage risk. A slight retracement could provide good gains for cautious short-sellers.
Golden Lion Trading advises careful planning—whether you're riding the bull or catching the bear. This BTC rally is hot, but patience and strategy will win the game! Stay alert and trade wisely. ↗️💰
The Ethereum price rose by approximately 10% in 24 hours, approaching $3200 for the first time since August. Meanwhile, Bitcoin hit a new high above $79,000.
Additionally, traders' positions worth $412 million were liquidated. $ETH $BTC $SOL
🚨 Emergency Notice for $ Doge Holders: What Lies Ahead? 🚨 doge enthusiasts, pay close attention! If you’re still waiting for doge to reclaim its glory days, here's an honest update. Despite hopes of a comeback, has been struggling for over a month, with every potential rebound turning into a brief spike followed by another decline. The market cap stands at $29 billion with a substantial daily trading volume of $590 million, but upward movement remains elusive. Frustration is understandable, as this stagnation challenges even the most loyal holders. Is this the perfect dip to buy, or a signal to be cautious? While some may see this as an opportunity to scoop up DOGE at a discount, the reality is that it feels weighed down—stuck in place and unable to gain momentum. It might be waiting for a market revival to make a significant turn, but that could take time. Current levels hover around $0.2, and there’s a real possibility it could dip to $0.1 soon. The big question: Is DOGE gathering strength for a massive run, or headed for another drop? Stay prepared for potential volatility. 🚀 Meanwhile, I’m scouting promising coins poised to double, and potentially achieve 10x growth by year’s end. If you’re interested in staying ahead of the curve, like, comment, and share for exclusive insights! $DOGE $SOL $BTC
• Bitcoin dominance appears to be facing challenges at a significant resistance level of 60.6%, resulting in a retracement.
• Should the current momentum persist, there is a possibility of further retracement towards 58.5% or even lower levels.
• Such a scenario could potentially lead to a gradual rise in the performance of alternative cryptocurrencies, with some potentially emerging as top gainers.
🚀 $DOGE /USDT RALLIES HARD – BIG MOVES INCOMING! 🚀 DOGEUSDT Perp 0.20149 +23.62% Dogecoin ($DOGE ) is on a tear, climbing over 24.38% in the last 24 hours to reach $0.20207! With this breakout momentum, DOGE is capturing attention and could be gearing up for even more explosive action. Here’s the latest on $DOGE /USDT and the key levels to watch: 🔥 Current Market Snapshot Current Price: $0.2014 24-Hour High: $0.22 24-Hour Low: $0.16219 Volume: A staggering 7.41B DOGE exchanged in the last 24 hours! 🎯 Key Targets to Watch for DOGE/USDT 🎯 1. First Target: $0.215 – This level acts as the initial resistance. Breaking through here could sustain the bullish momentum and set DOGE up for further gains. 2. Second Target: $0.235 – A successful rally to this point would confirm strong upward pressure, potentially drawing in more buying interest. 3. Third Target: $0.250 – Reaching this milestone would be a significant achievement, pushing DOGE into a new bullish territory with potential to challenge higher highs. 💡 What to Expect Next The recent surge has brought DOGE above critical moving averages, suggesting continued strength in the near term. However, minor pullbacks are natural in such a strong rally, so watch for support around $0.19336 (7-day MA) as a potential re-entry point. DOGE is heating up! Whether you’re trading short-term or holding long, now’s the time to stay sharp and watch these key levels. Don’t miss out on this potential bull run! #Therapydogcoin #DOGE #Binancepen_spark #CryptoRally #Dogecoin #CryptoAMA
🧬5 Reasons Why Solana Is Still Not a Global Backbone
Ethereum stands as the foundation of the new global financial system for both L2 and L1 applications, and no competitor has come close.
Despite recent efforts by Solana to position itself as a backbone, its structure and approach simply don’t allow it to fulfill this role.
Here are five reasons why Solana falls short compared to Ethereum:
1️⃣ Lack of Client Diversity
Solana only has one production client, making the network vulnerable to errors and attacks.
True decentralization requires at least three independent clients.
Ethereum already has four such clients, all operating effectively for years.
2️⃣ Extremely High Bandwidth Requirement
Solana requires a minimum of 10 Gbps upload speed — a figure hard to achieve outside major data centers.
A foundational network must be accessible worldwide, not just within data centers, to ensure reliability and decentralization.
3️⃣ Susceptibility to Outages
Solana has faced network halts, posing a serious risk for a global network handling trillions in assets.
Unlike Solana, Ethereum is designed to continue producing blocks even in the face of temporary issues.
4️⃣ Economic Centralization
98% of SOL tokens are held by insiders.
Ethereum, by contrast, sold 80% of its tokens publicly, and its Proof-of-Work mechanism distributed assets across a broad user base.
This level of centralization in Solana complicates its use as a global financial foundation.
5️⃣ zk-Proof Aggregation for L2
Through zk-aggregation, Ethereum can support thousands of L2/L3 networks while maintaining complete decentralization.
Solana, on the other hand, focuses on L1 scaling, which limits its potential in this role. 🧬 Conclusion: Solana Isn’t Ready for the Role of a Global Backbone While Solana experiments with an “all-in-one” approach, Ethereum remains the top choice for building a scalable global network. Its strategy as a decentralized foundation for countless L2 layers and applications perfectly aligns with the principles of a reliable.
A small breakdown of the ecosystem ☝️ Useful Lifehack 👇.
1. Add you watch list each group separately on any app you are comfortable with( coin market cap, dexscreener)
2. Check their status occasionally. With a general quick glance you will see either MUCH red or MUCH green in any of the groups.
3. Congratulations, now you can not only track the development of the network, but also understand where liquidity is flowing from and to.
✅ For example: if suddenly SUI memes became red and SOL memes became green and by a large margin -> it is logical that the interest (money) for some reason flowed sharply to another eco-system.
📈 Consequently, all attention should be directed to the winner and expect new "movements", projects to appear exactly THERE, where there is more money.
Do you use this or are you just starting? 👇 comment fast