If we talk about the $BTC market as a whole, I dare to suggest that it is absolutely logical to go from here or from 72-68 towards 90-98 and then already receive a movement towards 55-60 thousand. In fact, there has been quite a good corrective movement to that growth that everyone here has seen, but people started entering the market with the arrival of $TRUMP Trump, and that was the high that I have mentioned here more than once and warned about. No one bought bitcoin at 19,000, well, who needs it so cheap? That's not serious. But at 100-120, immediately the crowd of onlookers began to buy and proclaim that this is new digital gold 😬 It was logical that this entire mass would be utilized, and it's not that I'm some kind of wise one, but it's the psychology of the market, which will become clear to you in the future, and next time you will start to smile in such moments and wait for a bang. So it is now, everyone is maximally scared, no one wants to buy anything, and what to buy anyway? People have no money. Therefore, I expect growth and then the continuation of the show with a liquidation. Remember the main thing: you can only be wrong by the size of your stop. Life becomes easier after realizing this. #TRUMP #BTC #altcoins #domination $BTC $USDC
In Cointelegraph, they expect ETH to recover to $3,300 in the near future. And #ETH currently looks like a market that is afraid but is starting to use the network again. Against the backdrop of the overall weakness in the crypto market, #ETH has fallen by -15.9% over the week, resulting in around $910 million in liquidations of bullish positions - thus the discussions about "breaking support at $2,800" are logical.
Trump's Speech in Davos and Its Impact on the Market
During his speech in Davos, Trump paid special attention to the cryptocurrency market. He also addressed financial markets in general. While stories about the stock market falling because of Biden and rising because of Trump have become familiar to us, Trump usually mentions the cryptocurrency market less frequently in speeches of this level.
From positivity - on the BTC futures chart at the Chicago Mercantile Exchange, the gap has finally closed. This refers to the gap in the range of 88,120-88,720$. It had persisted from December 31 to January 2. The price has now clearly entered this range and fully covered it. At the same time, a new gap has been created above, with a range of 88,715-89,485$. However, without confirmation of a rebound/reversal, it is definitely too early to speak of its closure.$BTC $ETH $BNB #bitcoin #BTC #bnb #CryptoNewss
For the domination of BTC, the level of 59.88% has once again become a resistance. Although judging by the state of altcoins and the chart of USDT+USDC dominance, this is more likely due to the dominance of stablecoins. They have been actively pulling the market share. Be that as it may, the main thing is the result. And the result is that the resistance at 59.88% during the market dump on January 20 has withstood again. Although it is, to put it mildly, too early to talk about the victory of the bulls in the altcoin market - we will keep an eye on the chart. Confirmation of a bullish scenario for the market (which is currently in great doubt) is the transition of the metric into stable downtrends on the timeframe of one hour and above. For now, this is not the case; there is only another defense of the 59.88% resistance. $BTC #BTC #domination #USDC #USDT
Why most people do not make money in trading and will one YouTube be enough? There is clear statistics on trading: — 70–75 people out of 100 lose money in the first 6–12 months and leave — 15–20 years remain around zero — 5–7 start making money — 1–3 achieve stable returns of 5–15% per year — less than 1 person lives solely from trading Is it possible to figure it out on your own, conditionally through YouTube? Theoretically yes, in practice — rarely. YouTube provides information, but not a system. Beginners do not have a clear plan, risk control, and understanding of their mistakes. In the first months, this almost always leads to losses. The market filters out not because of “stupidity,” but because of expectations of quick money and lack of discipline. Those very 1–3 people — it’s not talent, but systematic work, limited risks, and a focus on the process. The conclusion is simple: without structure and discipline, the likelihood of staying in the first 70–75% is very high. Stability in trading is time and risk control. This is not financial advice, but a sober view of the market. $BTC $ETH $BNB #newscrypto #NewTraders #BTC100kNext?
The Fear and Greed Index is turning: what does this mean for the market? I use this indicator for entering positions and taking profits, how about you? The Fear and Greed Index for cryptocurrencies has risen to 38 and sharply bounced off the lows. This is still a zone of fear, but the dynamics are what matter. Such a bounce usually indicates that panic selling is weakening, and the pressure from forced sellers is decreasing. The market stops falling impulsively and begins to stabilize. For newcomers, it's important to understand: stabilization is not a reversal. In such phases, the price often moves within a range, with sharp local fluctuations. A common mistake is to perceive the first bounce as the beginning of a sustained rise. Historically, such transitional phases often form before a recovery of the price structure, but they require time and confirmations. Conclusion The weakening of fear is a positive signal for the mid-term picture, but risks remain. It is more important now to understand the market phase than to try to catch the bottom. This is not financial advice, but an analytical #BTC100kNext? #MarketRebound #ETFvsBTC
Ecoinometrics: the BTC market is holding steady, but the support has become too narrow. There is an important nuance regarding the current demand for #BTC: price support is not coming "from all sides," but increasingly from one large player. According to #Ecoinometrics, the company Strategy (formerly MicroStrategy) already holds about 3.3% of the total BTC supply - nearly 700,000 BTC. And most importantly: it accounts for approximately 62% of all BTC held by public companies. So the situation looks like this: 1) Public companies genuinely help the market. They buy BTC not for a couple of weeks, but as a long-term asset. This reduces selling pressure and adds stability. 2) But the problem, as already mentioned, is concentration. Previously, demand was more widely distributed: different companies, funds, institutions. Now it turns out that #Strategy is the only corporate buyer that continues to accumulate BTC in large volumes. This is where the risk lies. If Strategy slows down its purchases, then without the emergence of stable new demand - the market may feel a drop in demand. Simply because one of the few stable "suction cups of supply" will turn off or become weaker.
Binance has listed two new tokens on its exchange: Across Protocol ($ACX ) and Orca ($ORCA ). Both tokens have been available for trading against the USDT stablecoin since December 6.
The official listing allows users to trade ACX/USDT and ORCA/USDT pairs, with deposits already open . The market has responded with notable price movements, with ACX up more than 100% and ORCA also up significantly.$XRP #2024withBinance
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