$BTC next move is mostly dependent on the Clarity Act.
If approved, Bitcoin could rally to $75,000 or higher.
If rejected, BTC could head towards $50,000.
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$SOL is holding a key reversal zone and buyers are stepping in. A breakout above the current resistance could trigger a strong bullish move toward higher levels.
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The level to break for the bulls is that local high from June/July at ~$67K. From there you can start targeting the daily 200MA/EMA coming in around the $72K-$73K area.
On the downside, the high timeframe support to hold is that $60K range low. #BTC #Macro Insights# #BingX #Ripple
$SUI is showing signs of a rebound after holding a key support zone. If buyers stay in control, the price could move toward the $0.75-$0.78 resistance. A breakout above that level may trigger a stronger bullish rally.
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$SOL is holding a key reversal zone after a recent pullback. If buyers keep defending this support, momentum could build for a move toward the $79-$80 resistance. A breakout above that level may trigger a stronger rally toward the $82+ area. #SOL #Macro Insights# #BingX #Ripple
August and September are coming up which have historically been very slow. Bitcoin generally doesn't see much price action either way as liquidity and volumes are down during Summer.
October & November is when the fun starts again and is also when major market tops & bottoms are usually set.
Of course these are just averages but seasonality is a real thing in especially TradFi markets. #BTC #Macro Insights# #ETH #BingX
$SUI is testing a key support zone after the recent pullback. If buyers hold this level, a rebound toward $0.78 remains possible. #SUI #Macro Insights# #Altcoin Season# #BTC
$SOL is testing a key reversal zone after a period of weakness. If buyers defend this support, Solana could recover toward the $79-$80 resistance first. A breakout above that level may trigger a stronger rally toward $82+ in the coming sessions.
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The $BTC Spot ETF outflow streak has recently ended and we've seen almost $1B in net inflows again since the recent lows.
A lot of coins were absorbed and traded around the $60K region so any inflows at this point should have a decent impact on price. As sell supply seems relatively low at this point after all the massive outflows in the weeks prior.
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$PONS perpetual futures are now live, giving traders another emerging crypto narrative to follow. Zero trading fees make it even more interesting to keep on the watchlist.