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$BTC broke71,700 — up +11% in 24 hours after ripping straight through months of consolidation. After chopping sideways between 60K-65K, this daily candle is a statement.
The context: That wick down to 57,800 in late July? Looks like the final shakeout before the breakout. Price is now knocking on the door of that74,590 resistance zone from June.
The catch: RSI in the 90s doesn't lie — this is euphoric territory. A breather/pullback to 68K-69K wouldn't be surprising before the next leg. But momentum is momentum.
Are you taking profits here, or riding it to $75K+?
· SuperTrend (10,3): 0.04342 – Price trading well above, suggesting uptrend strength. · RSI (6): 68.39 – Approaching overbought territory, but still room for upside. · Volume: 15.2M EDEN (latest) vs MA(5) 22.7M & MA(10) 28.7M – volume cooling off, watch for a re-ignition.
📈 The price has been climbing steadily since mid-August, with a clear higher-low structure. If buyers hold above $0.057, next resistance could be the recent high at **$0.06263**. A break above that might open the door toward $0.068**–**$0.078.
⚠️ Caution: RSI near 70 and declining volume could signal a short-term pullback. Keep an eye on the SuperTrend support at $0.04342 as a key level to hold.
💬 What's your take – continuation or correction? Let me know below!
🔍 Technical Snapshot • Supertrend (10,3): Bullish flip at 0.0397 — trend is technically up
• **RSI(6):** 62.0 — momentum present but not overbought yet
• **Volume:** 131M EDEN /7M USDT — decent participation for a $20M market cap token
🧠 The Story The Aug 10 Upbit Korea listing sent EDEN ripping +78% to ~0.0868, followed by a classic hype-to-dump retrace. What's interesting? The dump found buyers around **0.042** and price is now holding a higher-low structure. The Supertrend has flipped green and RSI has reset — a textbook post-listing consolidation.
⚡ The Setup Bulls need to reclaim and hold 0.0586–0.0593 to target a move back toward 0.068–0.070. Lose 0.0485 and we likely retest the0.042 floor. With the RWA narrative heating up (tokenized RWAs now nearing $37B) and OpenEden actively boosting EDEN incentives for their HYBOND market, the fundamental backdrop is active — but this remains a high-volatility, low-cap play.
DUSK is staging an impressive recovery, rallying 9.91% over the past 24 hours to trade at $0.0710. The move comes on the back of a strong bounce from the recent $0.0559 low, with price now testing the upper bounds of its near-term range.
Technical Overview: - Supertrend (10,3): Flipped bullish at $0.0563 and remains intact. This level now serves as critical dynamic support. - RSI(6): 77.43 — momentum is clearly with the bulls, but the indicator is flashing overbought conditions. Short-term consolidation or a shallow pullback would be healthy. - Volume: 12.49 million #dusk traded in 24 hours, indicating genuine buying interest rather than a thin-air pump.
Outlook: The four-day rally from $0.0559 has been aggressive. A clean break above $0.0712 would open the door for a test of $0.0781–$0.08. However, given the elevated RSI, traders should be prepared for volatility and potential profit-taking before the next leg higher.
Disclaimer: This is not financial advice. Always conduct your own research.
Is quantum computing already a threat to Bitcoin and crypto? 👀 Not exactly.
🚫 MYTH: Quantum computers can already steal crypto. ✅ REALITY: No existing quantum computer can currently break Bitcoin, Ethereum, or other major blockchains.
🔐 MYTH: You need to change how you secure your crypto today. ✅ REALITY: Good wallet security and current best practices still matter most.
⏳ MYTH: Today’s crypto is already unsafe. ✅ REALITY: Quantum computing is mainly a future-preparation challenge, not an immediate threat.
The market is showing green shoots today! 🌱 📊 Top Movers (24H)
$SOL +3.22% → $76.09 🔥
$XRP +1.83% → $1.04
$BNB +1.75% → $603.04
$DOGE +1.55% → $0.071
$BTC +0.21% → $65,021
$ETH +0.34% → $1,921
Only $ADA in the red at -0.60% 📉
🔥 What's Driving the Market?
Bitcoin reclaimed $65K after a surprise US jobs miss cooled rate-hike fears 📉🇺🇸
Spot BTC ETFs raked in over $750M this week — best inflows since May! 🐋
Whale wallets holding 10K+ BTC just hit 1,960 — smart money is accumulating 👀
Clarity Act vote pushed to September, but SEC Chair Atkins says they're "ready, willing, and able" to roll out crypto rules anyway ⚖️
💡 Bottom Line: Macro tailwinds + institutional inflows = cautious optimism. The quiet accumulation phase continues. What's your play this weekend — HODL, DCA, or take profits? 👇
We are sitting at the bottom of the range with volume starting to pick up. Is this a good entry opportunity for a scalping bounce, or do you think the price breaks below $2.195?
#baby Markets move in cycles, but infrastructure gets built regardless. Babylon's continued development through the ups and downs is a signal worth paying attention to.
The exchange listings, the campaigns, the dev activity — Babylon has been busy. Whether that translates to long-term value is something every trader has to decide for themselves.
Native BTC staking sounds simple, but building it securely is hard. Babylon's approach is one of the most technically ambitious attempts in the space right now. Worth following closely.
Babylon is redefining Bitcoin's role in DeFi — enabling self-custodial $BTC staking directly on the Bitcoin network. No wrapping, no bridging, just native security meeting new utility.
A large Bitcoin transaction has caught the market’s attention. According to Odaily, around 1,600 BTC were transferred from one unidentified wallet to another unidentified wallet.
🔎 No confirmed owner or purpose has been revealed yet.
Large wallet movements can sometimes be linked to exchanges, custody transfers, institutional activity, or simple wallet reorganizations — so this transaction alone does not confirm buying or selling pressure.
📊 Key takeaway: Keep an eye on where these BTC move next. The next wallet transfer could provide more clues about the purpose behind the transaction.