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Overbought Momentum (High): Short-term RSI surged past 88 and remains above 80, indicating heavily overbought conditions and an elevated risk of a technical pullback
NEW: Bitcoin ETFs have been buying 15,000 to 20,000 coins per week during recent inflow streaks, while only 450 BTC are mined per day 🔥
Cumulative net inflows into U.S. spot Bitcoin ETFs have reached nearly $60 billion since their January 2024 launch. Exchange reserves are at a 7-year low.
Supply is disappearing. Demand is accelerating. The math doesn't lie.
Contract Risks: The token contract includes ‘Mintable’ and ‘Upgradeable’ functions, meaning the total supply can be increased and contract rules can be changed, potentially affecting token price and introducing malicious functions.
$BTC Corporate Selling Pressure (Medium): Notable liquidations from national reserves and corporate treasuries are adding sustained selling pressure to the market.
Setup short $BTC ( m15 Trading )
entry :80,900-82,190
sl : 83,671
TP 1 : 80,210
TP 2 : 69,409
TP 3 : 68,876
Macroeconomic Headwinds (High): US CPI came in hotter than expected at 3.8%, likely forcing the Federal Reserve to maintain elevated interest rates and draining risk-asset liquidity.
Risks -Contract Vulnerabilities: The token contract has identified risks including the ability to pause trading, upgradeable contract functionality, and control by a single external account, which could impact token security and investor confidence.
JUST IN: The CLARITY Act includes a full ban on the Federal Reserve issuing a central bank digital currency to American citizens 🇺🇸
Under the bill, the Fed would be prohibited from: → Issuing a digital dollar directly to individuals → Offering CBDC products or services to consumers → Maintaining accounts on behalf of citizens → Using a digital currency for monetary policy
The bill will head to a vote on Thursday. Big win for freedom!
Elevated Volatility (Medium)**: Standard deviation and ATR spiked significantly while price pushed far above the upper Bollinger Band → increasing the risk of sharp mean-reversion pullbacks