Update on the trend $XAU with $XAG today Today I see silver from a slightly different angle compared to the past few days. At first, I still thought it was weak, likely to be pushed down another notch. But after closely observing, I feel that the market no longer 'wants to drop sharply' like before. I had to zoom in and out a few times, because looking at the small frame it seems weak, but in a larger frame it appears to be stabilizing.
#bnb $BNB 🚀 TRADING SIGNAL: BNB/USDT ($580.47) Entry Point: ($575) – ($585) Price Increase $BNB TP : ($600) ($620) ($645) SL: ($560) $BNB 📊 The price is currently in a strong demand zone ($575–$580) after a significant drop, which often leads to a bounce. Oversold condition + strong support → upcoming recovery. #bnb #BTC
📸 HOT NEW Today: SEC and CFTC plan to collaborate on management, considering bringing perpetual contracts, prediction markets, and DeFi products into trading within the United States - just 2 days after giving the "green light" for spot crypto trading in the US. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have just signaled a "handshake" to consider bringing perpetual contracts – a popular type of derivative product in crypto – into trading within the United States.
This is the first time the two agencies have jointly announced they could implement coordinated steps to pilot this product on exchanges regulated by both the SEC and CFTC. Source summary #SEC #CFTC #coin
📢 Job report shock The number of non-farm jobs in the U.S. has been announced and the figures have stunned the market: • Forecast: 75K • Actual: 22K Hiring has slowed down much more than expected. This type of shortfall often leads traders to seek risk, cryptocurrencies and stocks may see a strong price increase. Stay positive, price action can heat up quickly. 🔥 However, the current reality: Bad news has caused the market to plummet, so 4h pulled a huge long candle #BTC #ETH and other coins fell sharply.
🧩Hot new! After the job data was announced quite poorly, forecasts on the CME showed a 100% chance that the Fed will cut rates in September, but furthermore, forecasts for the Fed to also reduce by 50 basis points are also gradually increasing.
🏆#BTCUSD This is the most attractive currency pair in this trading session. The price has broken through the range and is retracing back below the boundary (we see the price's respect for this boundary is very good). The segment is tighter and breaking out is possible to buy (ARB). #BTC
🎖HOT NEW!! Tonight at 19:30 there will be news about the unemployment rate for August. Looking back at last night, we had our first-time benefit claims for August increase. Therefore, it is highly likely that tonight's unemployment rate for August will be higher than expected. (Good news for the market and the Fed). ✅️ Overall, the news is good. As for whether MM will let you drop items or not, the admin has no idea. Just drop to 110 then go Long but remember to absolutely set the Stop Loss at 108.5. Stay calm, accumulate goods, and wait for a short-term Up. #BTC #ETH #LINK #XRP’ #sol
After more than 2 weeks of being unstaked quite a lot, the amount of ETH that can be withdrawn has significantly decreased. In contrast, in the past week, the amount of ETH being staked has increased quite rapidly.
Regarding on-chain data showing that many whales have sold BTC and used that money to buy ETH, many people believe that there is a shift from BTC to ETH. I am not very sure about this because BTC will always be king in some way; it just depends on the time period, as the performance of each coin will vary. Currently, when checking the net flow on the exchanges of BTC and ETH, both are continuously negative (ETH has slightly more outflow), and looking at the chart and volume, both coins show potential for further price increases. Now we just need to consider where the price base will be and whether the current correction cycle for both has ended.
In my personal opinion, BTC and ETH will continue to reach new ATHs this year, but from now until the FOMC meeting in September, the market will not be too bullish; it will fluctuate up and down waiting for the actual results of the U.S. interest rate announcement... Source R.KT #BTC☀ #Ethereum #trade #fyp #viral
$LINK - #LINK LINK has broken the trend line and rejected the golden zone, forming lower highs and lower lows, indicating a "temporary" downtrend with two scenarios; - link will break the level of 22.18 and continue the downtrend to lower levels. - link will use this support and break up into the golden zone, breaking the downtrend that it is forming.🔥🤑 Use leverage and follow it, breaking the golden zone and holding there could indicate a strong uptrend.👀