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BAKE analysis:
Price is currently testing the major resistance area; let's see how it reacts. Risk-takers may consider opening a short position here with a tight stop-loss.
Resistance Area: $0.1390-$0.1435
The altcoins storm has only begun today few alts may have jumped 50% but #PHA holds the crown.
The chart is pure fire and indicating massive rally ahead🚀
So Buy and hold it for moonshot✌️
#PHA/USDT
Formation of Textbook style accumulation range and every prior breakout from this phase led to swift 50%-100% rallies in short term and looks like accumulation phase is over for #PHA
Don’t sleep on this one if you want atleast 50%-100% return in short term😊
Less than 30 minutes left🚀
Get ready for a strong TA/FA based BINANCE call at 5PM GMT today!🔥
Exchange: BINANCE
Get ready for 2X ride🚀
Bitcoin Network Activity Hits 6-Month High
In the last 24 hours, Bitcoin recorded 925,914 unique active addresses—the highest in 6 months. Such a surge in on-chain activity often precedes major price movements, reflecting growing user engagement and potential shifts in market momentum.
Bitcoin dominance is melting after its final bounce. Ethereum and other altcoins have experienced significant gains over the last 24 hours. We may see a bounce in dominance from the local support area. If Bitcoin stays above $100,000, we can expect more upward movement in altcoins.
Local Support Area: 63.15%-63.30%
ETC analysis:
Price has now reached the resistance area and let's see how it reacts there. A break above the resistance area will bring a good upward rally.
Resistance Area: $17.20-$18.60
Bitcoin's dominance showed a false breakout at the resistance line before quickly dropping. This is why we've observed positive movement in altcoins. As we mentioned earlier, we anticipate some relief following the FED meeting. The overall market structure remains bullish, but Bitcoin's dominance needs to break below the 64.70% level in order to trigger a significant rally in altcoins.
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ETH is continuing its upward movement as anticipated. Let's observe how the price responds at the resistance area. It has increased by over 8.5% from the support level. Please move your stop loss closer to $1,830 and maintain your long position. We plan to take profits near the resistance range of $2,065 to $2,105.
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Arizona Governor has officially signed a law to establish a “Bitcoin Reserve Fund.”
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RVN analysis:
The price is currently finding support along a small uptrend line. However, there is a significant downtrend line acting as resistance. For the price to move higher, it must break through this downtrend resistance. If it fails to do so, we may see a new low. This is a no-trade zone, so it's important to monitor the support and resistance lines closely.
Bitcoin dominance continues its upward movement, with the price reaching the resistance line of the uptrend channel. We can expect some relief starting next week. Altcoins will only see a rally if Bitcoin can break and hold above the $100,000 level.
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RSR Analysis:
The price has tested the resistance area and subsequently rejected that level. There is an uptrend line that serves as support; a break below this line could lead the price toward the major support area. You may consider opening a short position if the price tests the resistance area again.
Support Area: $0.00710-$0.00740
Resistance Area: $0.00888-$0.00957
Educational Post
What Is Market Sentiment?
Market sentiment is the collective attitude of traders and investors towards a financial asset or market. The concept exists in all financial markets, including cryptocurrencies. Market sentiment does have the power to influence market cycles.
Still, favorable market sentiment doesn't always lead to positive market conditions. Sometimes, strong positive sentiment (it's going to the moon!) may come before a market correction or even a bearish market.
Besides providing insights into market demand, traders can analyze these sentiments to predict potentially profitable trends. Market sentiment doesn't always consider a project's fundamentals, but they might be linked sometimes.
Example: meme coins
Meme coins can help illustrate the concept of market sentiment. Let’s take Dogecoin as an example. A lot of Dogecoin's demand during its bull runs likely came from social media hype (which led to positive market sentiment).
In other words, many traders and investors bought Dogecoin without considering the project's tokenomics or goals, but only because of the market sentiment. Even a single tweet from a figure like Elon Musk is enough sometimes to cause positive or negative market sentiment.
Bullish vs. Bearish Sentiment
Investor sentiment typically falls into two main categories:
Bullish sentiment: Traders and investors feel confident that prices will go up. When the market is bullish, people are more likely to buy and hold onto their assets, hoping to make a profit as prices rise.
Bearish sentiment: Indicates pessimism and expectations of declining prices. In bearish conditions, investors are more likely to sell off holdings or open short positions.
These two mindsets can exist at the same time in different parts of the market or among different groups of investors, which often causes price swings and uncertainty.
Bitcoin is struggling below $95,000, and let's see how it reacts to the FED meeting. The support is weakening, and there is a high chance that we may drop to $90,000. Keep a tight stop loss on all open positions.
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#PHA/BTC chart is such a beauty🔥
Price has reclaimed key daily support with strength and Structure looks solid here✌️
Looks like momentum may soon follow with a strong upward move🚀
Buying #PHA here on Binance:
https://www.binance.com/en/trade/PHA_USDT
On verge of inverse head&shoulder breakout on daily timeframe
Bollinger band breakout on 1D timeframe
#PHA is going to moon hard after breakout 🚀
Short term targets: 10%-30%-50%
With Bitcoin above $102K and Ethereum 20% daily gain, the crypto market is sending a clear signal — the winds are shifting. Altcoins are ready to make history again and we’re still very early so get ready for a 2X breakout call 🚀
Stay tuned for a strong TA FA based call at 5PM GMT today!🔥
Exchange: BINANCE✌️
The perfect trade is here. ETH has been pumping since yesterday. The price has broken the $2,105 resistance area and is now approaching the major resistance zone. You can take full profit from the long position here and wait for a retest.
Support Area: $2065-$2105
Resistance Area: $2490-$2560
Bitcoin has surpassed the significant milestone of $100,000 and is currently trading above this level. The next resistance levels to watch are around $105,000 and $108,000. If the price remains above $100,000, we can expect significant movement in the market. However, if it falls below $100,000, it may drop back to the support area near $97,000.
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Bitcoin crossed $100,000 🥳🥳
Don’t FOMO now and let the dust settle.
TRUMP: THURSDAY SHOULD BE A VERY BIG AND EXCITING DAY FOR UNITED STATES OF AMERICA AND UNITED KINGDOM; PRESS CONFERENCE AT THE OVAL OFFICE, 10A.M.
Also today is US unemployment claims data release. Except some volatility in market during the events.
It's strange to see Bitcoin's reaction following the unchanged interest rate, yet the price continues to rise. We'll need to observe how it behaves near the significant resistance area between $99,000 and $100,000. A sharp decline could occur, so it's advisable to use tight stop-loss limits for all open positions.
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The FED just announced no change in interest rates, which was largely expected by the market.
This neutral stance might initially cause some indecision, but it also removes the fear of further tightening.
Still, without a rate cut, there’s less fuel for a major breakout, and the market could remain volatile as traders digest the news.
There’s a significant cluster of liquidity building below the $94,000 level, making it a prime target for a quick wick to flush out leveraged long positions. Given the current market setup and macro events, we expect both upward and downward volatility today.
Traders should be extra cautious—a sudden pump or dump could occur at any moment. Tight risk management is key in this environment.
Bitcoin has bounced back from the support area but has not been able to break the local high. Volatility remains high as we await news on the Federal Reserve's rate decision. If there is a rate cut, we could see a move towards the key level of $100,000. Conversely, if there is no rate cut, we might experience a quick drop to $90,000. Plan your trades accordingly and ensure you use a tight stop loss.
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According to the latest data from Glassnode, a remarkable 88% of the total circulating supply of Bitcoin is currently in profit. This means that nearly nine out of every ten Bitcoins held by investors were acquired at prices lower than the current market value.
Such a high percentage of profitable supply reflects strong bullish sentiment across the market. Historically, when this metric remains elevated, it indicates that long-term holders are sitting on solid gains — often reinforcing confidence and reducing panic selling.
CRV continues to move downward as anticipated after encountering resistance. The price has dropped over 9% from this resistance level. Increase your stop loss to the breakeven point and maintain your short position, as further declines may be expected.
Support Area: $0.57-$0.59
TST analysis:
Price is struggling to break above the trendline. There is little strength, and we may see a continuation of the downward movement. It is advisable to wait for some time before making new entries.
Support Area: $0.057-$0.060