If an asset has been in an uptrend for a long period of time and experiences a temporary decrease in its value, this is known as a pullback. These pullbacks are short-term drops that usually range between 5% and 10%. They are common phenomena in a bull market.
If you're wondering what a pullback in the stock market is, what causes it, and when a drop in stocks is a cause for concern, this article will help you address those questions and clarify other doubts related to retracements.
A retracement, also known as a price correction, refers to a temporary pause or a moderate decrease in the price chart of financial assets from their recent peak levels within an ongoing trend.
This movement or drop in price is short-lived and generally lasts only for a few sessions.
Once the pullback occurs, the uptrend resumes. This provides traders an opportunity to enter the market and hold their positions, especially when other technical indicators continue to show bullish signals.
#BTCNextMove In the last 24 hours, the cryptocurrency market has recorded liquidations exceeding $1.4 billion, according to data from Coinglass.
This phenomenon primarily impacted traders with leveraged long positions, who faced significant losses following a sharp drop in the prices of Bitcoin and several altcoins.
Bitcoin fell to a low of $92,000 on Friday, representing a decline of 13.4% from its all-time high reached just three days earlier. Altcoins also suffered significant declines: Ethereum fell by 16%, while XRP and Dogecoin dropped by 18% and 26%, respectively.
$BNB BNB serves multiple roles, including as a fee reduction method on the Binance exchange and as the currency used to pay fees for activities on BNB Chain, the underlying blockchain ecosystem of BNB. The price of BNB can be valued in United States dollars (USD). The value of BNB in USD is displayed live at the top of the page. The previous BNB price chart shows the price history of the BNB coin.
History of BNB
Binance started in 2017, quickly launching an ICO in which it sold and allocated BNB tokens. At that time, Binance Coin (the name of BNB at that time) was an ERC-20 token on the Ethereum blockchain. However, in 2019, Binance launched a mainnet blockchain, Binance Chain (BC), with BNB as its currency. The exchange conducted a token swap to convert ERC-20 BNB tokens to BNB coins based on Binance Chain. In 2020, Binance Smart Chain (BSC) was launched as a separate compatible blockchain alongside Binance Chain.
In 2022, Binance merged the ecosystems of Binance Chain and Binance Smart Chain under a single name: BNB Chain. Both chains still operate in parallel and serve distinct roles but are hosted under a single name.
Cryptocurrencies have gone through a series of ups and downs since their creation 16 years ago. But this is a particularly dramatic change, since the price of a single bitcoin fell below $17,000 in 2022, after the collapse of the FTX cryptocurrency exchange. Still, digital currency fans have remained steadfast and have achieved several victories this year.
The Securities and Exchange Commission (SEC) approved spot bitcoin exchange-traded funds in January, which are popular financial products from Wall Street firms. But the biggest blessing was the reelection of Donald Trump, who went from being a crypto skeptic to one of its most vocal advocates.
As time goes by, the quality of the project will be seen
hikmatullah Roshan
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Bullish
$USUAL Usual Coin, a promising Ethereum-based cryptocurrency, is expected to reach a price of $4 within a few days after its launch, driven by strong market interest and demand. According to financial market analysis, the coin demonstrates exceptional stability, making it an attractive option for both short-term and long-term investors. Analysts project that Usual Coin could achieve a value of $15 in the long term due to its robust tokenomics and integration within the Ethereum ecosystem. Its potential for consistent growth and reliability positions it as a standout investment in the competitive cryptocurrency market.
The "whales" in the context of cryptocurrencies are individuals or entities that hold large amounts of a particular cryptocurrency. These whales have a significant impact on the market because, by moving large sums of a cryptocurrency, they can influence its price, creating volatility.
The term is used metaphorically, comparing these individuals to marine whales that are large and powerful compared to other smaller species. Whales can be wealthy individuals, investment funds, exchanges, or entities that have accumulated a large amount of digital assets over time.
Earn $3 Daily on Binance Without Any Investment—Your Gateway to Easy Crypto Rewards!
Imagine earning free money daily without spending a single penny—sounds too good to be true, right? Well, with Binance, the world’s largest and most trusted cryptocurrency exchange, this dream is a reality. Here’s how you can effortlessly earn up to $3 every single day without investing a dime, and why this opportunity is perfect for beginners and seasoned crypto enthusiasts alike!
What Is Binance, and Why Should You Care?
Binance is more than just a platform to buy and sell cryptocurrencies; it's a comprehensive ecosystem offering tools for trading, staking, savings, and rewards. With a user-friendly interface and robust security measures, Binance has become the go-to platform for millions of users worldwide. But what truly sets Binance apart is its innovative programs that allow users to earn passive income—no initial investment required.
How to Earn Free Daily Rewards on Binance
Binance offers several opportunities to earn rewards without any upfront investment. Here’s a step-by-step guide to help you get started:
1. Participate in Binance Learn & Earn
Binance frequently runs educational campaigns called Learn & Earn, where users can complete simple lessons and quizzes about cryptocurrencies. For each completed course, you earn free crypto! These rewards often total up to $3 or more and are deposited directly into your account.
2. Referral Program
The Binance referral program is one of the most lucrative in the crypto world. Invite your friends to join Binance using your unique referral link. When they sign up and start trading, you’ll receive a percentage of their trading fees as a reward. This is a sustainable way to earn without investing a cent yourself!
3. Binance Task Center
Visit the Binance Task Center regularly for new challenges. These tasks could involve completing simple actions, such as verifying your account or exploring Binance features, and they come with free rewards.
4. Faucets and Airdrops
Keep an eye out for Binance’s periodic promotions, like free crypto airdrops. By simply being an active user or signing up during promotional periods, you can receive free tokens that can grow in value over time.
5. Daily Staking Rewards for Idle Balances
While this method requires you to have some crypto on the platform, Binance offers staking rewards for simply holding certain tokens in your wallet. Even small balances qualify, making it an easy way to boost your holdings passively.
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Why This Opportunity is a Game-Changer
No Investment, No Risk: Unlike traditional investment options, these methods require no upfront capital, making them risk-free.
Beginner-Friendly: Binance’s programs are designed to help new users learn about crypto while earning at the same time.
Build Your Crypto Portfolio: Small rewards can snowball into a significant portfolio over time, especially as the value of your free tokens increases.
Flexibility: You can earn rewards anytime, anywhere—no prior knowledge or specialized skills required.
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Pro Tips to Maximize Your Earnings
1. Stay Active: Log in daily to check for new tasks, promotions, and opportunities.
2. Engage in Binance Academy: Expand your knowledge and earn rewards through informative crypto lessons.
3. Share and Grow: Use your referral link to invite friends and family. The more they trade, the more you earn!
4. Leverage Social Media: Follow Binance on platforms like Twitter and Telegram for updates on exclusive giveaways and bonuses.
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Your Crypto Journey Starts Here
The best time to start earning free crypto is now! With Binance’s rewarding ecosystem, you’re not just earning free money; you’re becoming a part of a global financial revolution. So why wait? Sign up today and claim your share of daily rewards—no strings attached.
Transform your spare time into real earnings and kickstart your crypto journey the smart way. With Binance, the possibilities are endless, and your financial future has never looked brighter.
$BTC Bitcoin is trading at US$98095.81 and Ethereum at US$3701.4, with a variation of 0.39% and 1.61% in the last 24 hours, respectively.
This price positions it 0.39% compared to its value 24 hours ago and 1.17% in comparison to the same day last week.
The current market capitalization of the token is US$1,940,521,725,723.
Ethereum (ETH), the second cryptocurrency with the highest market capitalization, is priced at US$3701.4 (ARS $3,967,899). In the last 24 hours, its value changed by 1.61%.
#MajorAirdropWatch A cryptocurrency airdrop is a marketing strategy that involves distributing tokens or coins for free to users' wallets. Airdrops are a tool used by blockchain-based startups to raise awareness of their projects, reward users, and attract new investors.
Airdrops can be a legitimate way to obtain cryptocurrencies, but they can also be a scam. To avoid falling into traps, it is important to research and carefully evaluate each project before participating in an airdrop.
Ripple's $XRP coin has been gaining attention recently due to its strong price performance. For this reason, it appeared on a similar top 3 list a week ago. Over the past month, the price of $XRP has risen by an incredible 371.6%, reaching $2.43. This jump highlights the growing confidence in Ripple as a leader in global payments. Its $XRP Ripple system is known for its fast transfers and low costs, making it a top choice for both individuals and institutions.
Experts believe that the XRP cryptocurrency has even more potential. Predictions for the price of the XRP coin include a conservative target of $8.40 and a more optimistic target of $48.12. The current price of XRP is at $2.25, a level that many see as a buying opportunity. These trends make the price of the XRP cryptocurrency one of the best options for 2025.