If $BNB can break through and stabilize above $610 and $650, the likelihood of returning to historical highs will greatly increase, marking a significant moment for the crypto market. Considering the current market environment and investor sentiment, it is possible for BNB to reach or exceed the $720 high by the end of the year.

Since the beginning of this year, Binance Coin (BNB) has shown strong upward momentum after experiencing volatility, with the current price around $598, up 164% compared to the beginning of the year. After reaching a high of $720 in June, BNB underwent a correction but then entered an ascending triangle pattern. As market bullish sentiment strengthens, BNB is gradually approaching key resistance levels of $610 and $650. If it can break through these resistance levels, BNB is expected to challenge the historical high of $720 again. With expectations for the growth of the Binance platform and increasing trading volume, the long-term bullish outlook for BNB also appears more optimistic. Additionally, the overall recovery of the crypto market, favorable factors such as Bitcoin (BTC) breaking $70,000 and Ethereum (ETH) reaching $2,600 bring positive market sentiment for BNB and other altcoins. Meanwhile, the trend of whales accumulating BNB indicates that institutional and large investors remain confident in BNB.

If SOL's "golden cross" is formed, it will provide a bullish signal for investors and may drive the price above $200. However, the sustainability of this upward momentum depends on the continuation of market demand and buying pressure.

The 50-day Simple Moving Average (SMA) of $SOL is approaching the 200-day SMA, indicating a potential "golden cross" bullish signal, which typically suggests that the price may experience significant increases. Once the 50-day SMA crosses above the 200-day SMA, it will signal that SOL's recent price momentum has surpassed the long-term trend, potentially triggering an increase in bullish sentiment among investors.
Key indicators of Solana's price movement • Short-term and long-term trends: The 50-day SMA is a short-term trend indicator, and its rise towards the 200-day SMA indicates that SOL's recent upward trend is strong. The 200-day SMA, as a long-term trend indicator, usually reflects the overall direction of the market.
• Chaikin Money Flow (CMF): The current CMF for SOL is 0.24, indicating active buying activity with market funds flowing in to support SOL's rise.
• Bull-Bear Power Indicator (BBP): The current reading is 16.57, showing that buying pressure significantly exceeds selling pressure, further supporting bullish expectations. Short-term price target As of now, SOL's price is $176.46, close to the key support level of $171.91. If this support level holds, SOL is expected to rise further, first testing the resistance level of $188.74, and if it breaks this level, SOL may rise further to $210.18. Downside risk If the support level of $171.91 is broken, SOL may face downward pressure to $160.09, and could even retrace to the support level of $148.27.

Recently, Ethereum's price of $ETH successfully broke through a key symmetrical triangle pattern, sparking heated discussions in the market. Cryptocurrency analyst 'TheMoonCarl' pointed out on the X platform that this technical pattern began forming in August 2024 and peaked in December. However, during this process, Ethereum has already broken through the upper trend line of the triangle, indicating a possible bullish breakout. The target price set by TheMoonCarl is $3400.
Currently, Ethereum is trading at approximately $2548.9. Although this cryptocurrency has experienced a slight decline, the market sentiment remains bullish. Concurrently, blockchain tracking system #WhaleAlert has detected significant Ethereum transfers to Coinbase, suggesting that large investors are taking action. This notable whale activity includes a transfer of approximately $33.8 million worth of 12,590 ETH tokens.

Speculation and hype, several key time points may reignite the market:
1. November 3-5: U.S. Midterm Elections
2. November 6: Federal Reserve Interest Rate Meeting
3. December 14: U.S. Election Results Announced

Only 14 days remain until the U.S. elections, and unless a black swan event occurs, the market may not see significant fluctuations. However, with the arrival of these important events, the market trend could change rapidly.

Trump's Opportunities

Trump has been very active recently, visiting swing states and even personally frying fries at McDonald's to gain workers' votes. At the same time, Musk has publicly supported Trump, giving away $1 million to a lucky winner daily. Interestingly, Tesla still holds 11,509 Bitcoins, and recently only transferred these Bitcoins to a new wallet.

Musk even announced that anyone who donates to Trump will have their donation matched by him. This undoubtedly represents substantial financial support, indicating that Musk is "ALL IN" for Trump.

Trump also stated that if he is re-elected on November 5, he will significantly lower U.S. interest rates, which would be great news for Bitcoin and the overall crypto market.

Election-Related Cryptocurrencies

Market sentiment will definitely affect cryptocurrencies related to the elections:

1. $PEOPLE : As the election approaches and Trump's support grows, interest in the PEOPLE coin is rapidly increasing. Trump has secured five out of seven swing states, and this coin's price may soon signal a critical upward trend.
2. $PEPE : In a super bull market, PEPE, as a new leader among meme coins, has the potential to become a mainstream meme coin in the next bull market.
3. $APE : After launching a public chain and meme coin launch platform, APE's trading volume has hit a historical high, likely becoming a standout among altcoins.


In the coming weeks, these time points will have a significant impact on the market, especially related to election cryptocurrencies.

$PEOPLE is the only 'meme coin' related to the U.S. elections/politics, with a market cap reaching $430 million and a 24-hour trading volume of $118 million. It has also been listed on major centralized exchanges. This project is centered around the United States, supported by American founders and funding. As the U.S. elections approach, the performance of PEOPLE is closely watched. During the recent election debates, this coin demonstrated strong relative strength.
From a market performance perspective, PEOPLE is suitable for medium-term holding and may continue to rise with the increasing election fervor. For medium to long-term investors, waiting for further opportunities is advisable.

After $DOGE and $SHIB , Cat in a Dogs World (MEW) has officially been listed on #Upbit and entered the KRW market. Users can trade the MEW/KRW trading pair starting from 16:00 UTC on October 21. The announcement mentioned that buy orders would be restricted for about 5 minutes after trading starts. Furthermore, MEW only supports deposits and withdrawals through the MEW-Solana network, and ownership must be confirmed before proceeding.

With the announcement of the listing, the price of MEW has risen by 14% in the past 24 hours, with the current trading price at $0.009561. Trading volume has also surged by 370%, reaching $358.26 million, further igniting bullish sentiment in the market. MEW has become the third meme token pegged to the Korean Won and listed on Upbit, following DOGE and SHIB, which has sparked significant interest among investors and traders.

Additionally, the futures market has responded positively to this news, with open interest (OI) for Solana-based token futures skyrocketing nearly 16% to $165.43 million, and derivatives trading volume increasing by 302% to $1.32 billion. With this data and price surge, MEW is on a strong upward trend.

Bitcoin $BTC is currently rising strongly, breaking through the previous rising flag structure, reaching a high of 69500, just one step away from 70000. It is recommended to go long in the 68300-68500 range, with a target of 69500-70000. If the price rises to the 69800-70000 range, you can consider shorting, with a target of 68500-68300. Although the current rise is fierce, you should still be cautious. It is not recommended to blindly chase highs and wait for a callback before entering the market.


Ethereum $ETH has also started to make up for the rise recently, breaking through the 4-hour trend line. It is recommended to go long in the 2700-2730 range, with a target of 2800-2850. If the price rises to 2820-2850, you can consider shorting, with a target of 2700-2730. Overall, the bulls are still dominant, and short-term investors can buy low and sell high, and use the pullback to enter the market.

Solana ($SOL) has temporarily broken through the $164 resistance. If it can close above this level, it will complete a bullish ascending triangle pattern and may rise to $189 and then $210.
If it falls back from around $164, but finds support at the 20-day EMA ($150), it means that bulls continue to buy on the pullback and will be expected to challenge $164 again, but if it breaks and closes below the rising trend line, the short-term bullish view will be invalidated.

Dogecoin ($DOGE) Price Trend Analysis
Upadhyay pointed out that Dogecoin ($DOGE) broke out of the symmetrical triangle pattern on October 18, which represents the start of a new uptrend.
Currently, Dogecoin is under pressure near the $0.15 resistance level, which may allow the price to retest the breakout level of the triangle. If it can rebound from the breakout level in the future, it means that bulls have turned this point into support, which will increase the possibility of rising to $0.18.
On the other hand, a breakout and close below the 20-day EMA ($0.12) would represent a failed breakout and could send Dogecoin back to the support line of the triangle.

Ethereum whales transfer 390,000 ETH, worth more than $1 billion!

Recently, on-chain data shows that Ethereum big holders seem to be selling their ETH. Nearly 390,423 ETH (about $1 billion) was transferred to exchanges, which usually indicates that holders may be ready to cash out, putting pressure on the market.

$ETH The price once climbed to $2,600, but as selling emerges, it is expected to pull back to $2,440. If this trend continues, ETH's short-term outlook will be more challenging, and the movements of whales are particularly worth paying attention to!

The market bearish signal is getting stronger and stronger, and we will wait and see how the subsequent trend will be!

Solana (SOL) is currently showing strong bearish signals, with the price at $152.31, down slightly by 0.21% in the past 24 hours. Looking back at its historical trend, the price of SOL tends to see a larger decline when approaching similar levels. After hitting $153 in August, SOL quickly fell by 15%, and similar declines were also experienced in September and October.

Bollinger Bands (BB) further indicate that
$SOL is still in a range, but the upward momentum is insufficient. If the price falls below the middle range, it may trigger a larger correction. The Chaikin Money Flow (CMF) indicator shows that the outflow of funds has accelerated and the selling pressure has increased, further strengthening the prediction that SOL may continue to fall.

If the market trend continues, SOL may fall below the key support level of $150 and may slide to $136 or even lower to $125. However, if the bulls can successfully defend $150, SOL may be expected to rebound to the $173 level.

Last night's market volatility confused many people. The sharp rise and fall made everyone confused and didn't know whether to enter or exit. In fact, the greater the volatility, the better, indicating that $BTC Bitcoin is about to break through, which is a precursor to the bull market! This sharp shock is like throwing both long and short positions off the car, waiting for the bull to lighten its load and run faster. Yesterday, the total market liquidation amount reached 284 million, and the long and short positions basically tied. Now, Bitcoin is facing the pressure level of 68k. Once it breaks through, the market will have great potential.

At present, Bitcoin is still holding above 63,500, so it continues to be bullish. As long as it can stabilize above 70,000, other currencies are expected to rise by 30% and take off like at the beginning of the year. In particular, some Meme coins, such as $SHIB, $DOGE, $PEPE, etc., have the opportunity to rise sharply.

At the same time, Grayscale's new coin list is also worth paying attention to. KAS, APT, and ARB are all under consideration, especially KAS. Binance has not yet listed it on the spot. Once it is listed, it will definitely explode.

Finally, the Binance Blockchain Week at the end of this month is also worth looking forward to. Binance founder Zhao Changpeng will attend in person, and there may be good news. $BNB and Binance Eco Coin Cake are both potential coins at the end of this month. As for Trump's victory, if it comes true, the Bitcoin bull market will be fully launched, and it is even expected to reach 100,000 US dollars by the end of the year!

Recently, major economies such as the United States, China, and Europe (excluding Japan) have gradually begun to move towards quantitative easing, and the funds in the market will only increase. The approval of the Bitcoin ETF has opened the door for institutions, and the atmosphere of the bull market has quietly formed. The most important thing now is to continue to hold your coins and make friends with time! If you hold on until next year, you will naturally have 3 to 10 times the return.

In the short term, the election in early November may become a hot spot. We have analyzed before that this will bring much-needed stimulation to the currency circle. Bitcoin is expected to break through the previous high, instantly pull up 20%, and continue to fluctuate upward, and may even reach 100,000 US dollars by the end of the year!

As for short-term opportunities, $BNB has performed very strongly recently, from 540 to 587, with a significant increase. The long orders of Bitcoin arranged last weekend have successfully stopped profits at 64,000, and $PEOPLE has bottomed out from 0.068 to a maximum of 0.08, an increase of nearly 20%.

The floating profit and loss ratio of short-term holders of $BTC is currently around 1, indicating that there is no selling pressure and the top is still far away. At the same time, the net outflow of Bitcoin from exchanges is also increasing, and large investors are buying and transferring to cold wallets. However, the only not-so-good data is that the spot trading volume of Bitcoin is a bit weak. You can pay attention to the CPI tonight.

In the next few weeks, I am very much looking forward to FTX's 16 billion repayment, the election in early November and the possible second interest rate cut, especially the big stimulus brought by Trump's inauguration! Be patient, these key points are coming soon!

There are several key factors behind the price increase of $SOL today. First, Solana's liquidity staking has hit a record high! Data shows that since August 5, the total locked value (TVL) of liquidity staking has soared from US$3.2 billion to US$5.2 billion, accounting for more than 7% of SOL's market value. This not only proves that Solana is no longer just a memecoin, but also attracts more users with different use cases.

In addition, on-chain trading activity is also increasing rapidly. In the past few days alone, Solana's daily transaction volume has increased from 13,351 to 14,495, and the network activity has increased significantly. The more such interactions, the greater the demand for SOL, which naturally drives the price up.

Finally, short positions in the derivatives market are being liquidated crazily. About $3.2 million of SOL shorts were liquidated on October 11, and the entire crypto market has liquidated $58 million in the past 12 hours, of which $50 million is short. If SOL continues to rise to $150, it may also liquidate $113.3 million of shorts!

Therefore, SOL's performance is very impressive, and we continue to be optimistic about the future market!

Banana Gun is an innovative platform focused on protecting users from Maximum Extractable Value (MEV) bots and common scams and exploits such as carpet pulls and sandwich attacks. In addition to providing protection against malicious bots, the Banana Gun bot also gives traders greater flexibility through automatic interception, automatic limit orders, and manual redemptions.
The native cryptocurrency of the Banana Gun platform is BANANA, an ERC-20 token based on the Ethereum blockchain. BANANA was launched in 2023 to incentivize active community participation. Its main features include governance rights, rewards to token holders through a revenue sharing program, and community engagement features such as exclusive chats for holders. In addition, the $BANANA token also has a Banana Burn feature, which allows users to access additional features of the platform by burning tokens.
BANANA is a deflationary token with a maximum supply of only 10 million, which is much lower than the token supply size commonly seen in the crypto industry. The current total supply is about 8,900,000, the circulating supply is about 2,420,000 (27% of the total token supply), and the circulating supply after listing is expected to be 3,220,000 (36% of the total token supply). This limited supply ensures the scarcity of the token, which provides some support for its price.
The deflation mechanism is an important feature of $BANANA. Banana Gun plans to destroy a total of 1.1 million tokens, accounting for 11% of the maximum supply of the token. Today, the official destroyed another $8.6 million worth of tokens, accounting for 2% of the total supply. This move immediately pushed the price of $BANANA up by 25%, making it the top gainer. As more tokens are destroyed, the scarcity of BANANA will increase further, which may have a positive impact on its market performance.

Bitcoin’s halving mechanism has been an important event in the cryptocurrency market and one of the key factors driving price increases. Let’s take a look at historical and future halving dates and their impact on the market.
Bitcoin has experienced three halvings since its birth in 2009.
The first halving occurred in November 2012, when the block reward was reduced from 50 BTC to 25 BTC.
The second halving occurred in July 2016, further reducing the block reward to 12.5 BTC.
The third time was in May 2020, when the block reward was halved again to 6.25 BTC.
On April 20, 2024, the fourth recent halving, the block reward will be reduced to 3.125 BTC.
Judging from historical data, the price of Bitcoin has experienced significant increases after each halving. For example, during the 2012-2013 bull market, BTC prices soared from $12.4 to $1,170, an increase of 9,335%. From 2016 to 2017, the price increased from $680 to $19,400, an increase of 2,753%. In 2020-2021, the price increased from $8,590 to $66,708, an increase of 676%.
The main reason why the halving has a boost to Bitcoin prices is because it reduces the supply of new BTC, thereby lowering the inflation rate and reducing potential selling pressure on miners. Existing BTC holders tend to view the halving as good news as it means a reduction in supply, while demand usually remains or increases.
In the future, Bitcoin is expected to experience multiple halvings. At the current rate of block generation, the next halving is expected to occur in the first half of 2028, when block number reaches 1,050,000. Bitcoin is expected to complete its final halving in the 2130s, when the supply of new Bitcoins will be close to zero.
It is worth noting that the launch of spot Bitcoin ETFs may change the traditional market cycle pattern. With more traditional investors able to easily purchase BTC, the market could see an explosive rally before the halving or sooner after. This change may break the previous cyclical pattern and make the market reaction more complex and difficult to predict.
Overall, although we cannot accurately predict the exact impact of each halving, it is certain that halving events will still be an important driving force for the Bitcoin market in the future.

Bitcoin ($BTC ):
The market has rebounded slightly in a V-shape after a round of oversold, but the pressure from above is relatively large and it is in a sideways adjustment stage. It is expected that after testing the support below, the market will continue to rise. Therefore, the subsequent operation recommendation is mainly low-long.
Operation recommendation:
Bitcoin (BTC):
Entry point: long at the current price of 58500-59000
Target point: 60500-61500
Stop loss: 57500
Ethereum ($ETH ):
Entry point: long at the current price of 2600-2630
Target point: 2700-2800
Stop loss: 2580
Focus:
This week, investors need to pay special attention to the upcoming US inflation data, including the July Producer Price Index (PPI) released on Tuesday and the Consumer Price Index (CPI) on Wednesday. These data will have a significant impact on market sentiment and price trends. Especially in the context of the current uncertain economic situation in the United States, the market's expectation that the Federal Reserve may cut interest rates in September will affect the trend of BTC and ETH. Therefore, investors should remain vigilant when operating and pay close attention to the release of economic data and market reactions.

Currently, $SOL is trading at $154.32. It successfully tested the $127 support level this week and rose by about 2% in the past day, with a trading volume of $4.781 billion. Now that the price of SOL is hovering around the key support/resistance level of $155 and the market volatility is increasing, it may be a good time to invest in SOL to welcome the next bull market.
From a technical perspective, SOL's simple moving average (SMA) shows a bullish convergence trend, and the market's buying pressure on SOL is increasing. In addition, the MACD indicator also continues to decline in the red histogram, indicating that bullish forces are accumulating and the future outlook is optimistic.
So, will the SOL price rise back to $200 in August this year? If the market can keep SOL above the support level of $155, bulls may regain the upward momentum and target the resistance level of $181.50. If SOL can maintain above this level, it may challenge the upper resistance level of $200 in the coming weeks.
However, if the bears regain dominance, SOL may test the $155 support level again. If the bulls fail to hold this support level, the price of SOL may fall to a lower support level of $127 this month. The next direction of the market will be very critical.

$BTC short, the target is 59000, if it falls below, it may go to a lower point.
It may fall further in the short term (1-2 weeks).
The geopolitical situation has not yet reached the most tense time: the current global situation, especially in the Middle East, may cause major events at any time. Iran may take action, and Hezbollah in Lebanon is also looking for opportunities to attack Israel. In addition, the new hard-line leader of Hamas, Sinwar, came to power, and the situation became more tense. In this case, BTC, as a risky asset, is unlikely to rebound quickly in the short term, and may fall again due to major conflicts.
Japan's interest rate hike has weakened BTC buying: In the past, Japan's low interest rates allowed many people to borrow money to buy BTC and other high-yield assets, but now that interest rates have been raised, this operation has become uneconomical, resulting in a weakening of buying power. It is estimated that BTC will fluctuate back and forth in the range of 59500-62000 during the weekends. Short-term operations can be flexibly dealt with within this range by selling high and buying low.

Currently, $SOL Solana ranks fourth in market capitalization, with the price rebounding from a low of nearly $110. What a dramatic turnaround! SOL's price is now fluctuating between $154 and $156, showing a delicate balance between bullish momentum and continued bearish pressure.
SOL has been performing quite well recently, surging 10% in the past two days and jumping to fourth place in terms of trading volume. This rise comes after SOL experienced a severe correction, with the value falling by more than 50% in less than a week. However, the current market structure shows that market sentiment may be shifting, with sales volume significantly reduced.
The recovery of SOL's price is also similar to the trend of Bitcoin and Ethereum, which once fell below the $120 support level and hit a low of $109. But recently SOL has begun to recover, with the price breaking through the $120 and $135 resistance levels and rising above the 50% Fibonacci retracement level of the $184 high to $109 low.
Now the hourly chart of SOL shows that the price is facing resistance near $156, a level close to the 61.8% Fibonacci retracement level of the $184 high to $109 low. Next, the main resistance level is $166. If it successfully breaks through and stabilizes above this level, it may rise further and may even reach $195.
But if SOL fails to break through the $155 resistance level, it may fall again. The initial support level is $140, and the main support level is $135. If it falls below this point, it may fall further to $122. How will the market develop? Let's wait and see!

Ethereum ($ETH ) 2292-2380 can be more directly, and the target should focus on 2490-2550. Despite the overall market uncertainty, the Ethereum ETF quickly rebounded after falling sharply at the beginning of the week, turning weekly trading volume into positive territory. Tuesday’s price recovery shows the formation of a bullish trend, with many traders looking for it to break above the $3,000 mark.
The ETH ETF, which has underperformed since its launch in July, has recently regained momentum. On Monday, net inflows reached $49 million, a significant improvement from Friday’s $54.3 million. The continuation of this positive flow helps boost investor confidence, increase demand for ETH, and support the upward price trend.
Ethereum’s price action is worth watching after the price broke above $2,500. After successfully holding the support level of $2,100, traders began buying heavily, pushing the ETH price to rebound. This is also confirmed by the change in the Money Flow Index (MFI) from oversold to neutral territory. A daily close above $2,500 is currently needed to validate the bullish trend, with targets at $3,000 and beyond.
Notably, IntoTheBlock’s IOMAP model shows strong support between $2,292 and $2,368, with approximately 1.7 million addresses purchasing nearly 50 million ETH in this range. These holders are unlikely to trade in the short term. Sell ​​within, betting on a long-term rebound.