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dhrugtest
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dhrugtest

Cryptocurrency and blockchain technology advocate šŸ’ø Making profitsšŸ’¹changing livesšŸ“ˆ X.com/@dhrugtest
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JUST IN: PAKISTAN CENTRAL BANK JUST OFFICIALLY ENDED AN 8-YEAR BAN ON #BITCOIN AND CRYPTO BTC FIRMS CAN NOW LEGALLY SECURE BANK ACCOUNTS WAR ON BTC IS OVER
JUST IN: PAKISTAN CENTRAL BANK JUST OFFICIALLY ENDED AN 8-YEAR BAN ON #BITCOIN AND CRYPTO

BTC FIRMS CAN NOW LEGALLY SECURE BANK ACCOUNTS

WAR ON BTC IS OVER
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Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows?As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon. Ethereum Weekly Close On Sight On Thursday, Ethereum dropped 1.4% to retest a key area for the second consecutive day. After hitting a 10-month low of $1,747, the King of Altcoins bounced more than 15% to trade between $2,000 and $2,150 over the past few days. However, the second-largest cryptocurrency by market cap failed to hold the crucial $2,000 horizontal barrier on Wednesday and tested the $1,900 mark for the first time in a week. As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon. After attempting to reclaim the key psychological level in the early hours of Thursday, Ethereum was rejected toward the recent lows, briefly falling below it. Analyst Ted Pillows highlighted the importance of ETH’s current zone, as it has previously triggered major moves. To him, if the altcoin fails to reclaim the $2,000 area in the coming days, a full retrace toward the recent lows should be expected soon. Similarly, market observer Crypto Busy noted that the cryptocurrency is currently trading above a major long-term support. According to the post, the recent correction has sent Ethereum toward a three-year rising support line, which ā€œwill decide the next big move.ā€ The analyst warned that ā€œIf the trendline breaks with strong weekly closes below $1,900, the structure weakens.ā€ Therefore, ETH must hold its current levels in the coming days to avoid a weekly close below this level. Otherwise, its price could drop ā€œinto the next liquidity pockets around $1,600 and possibly $1,300, where the next historical support zones exist.ā€ Is ETH’s ā€˜Real’ Bull Market Two Years Away? A trader shared a potential macro-outlook for Ethereum that suggests the cryptocurrency could still see another major shakeout. My thesis is that the major bullish move that began around 2019–2020 has transitioned into a large and prolonged macro correction, and that Ethereum has been consolidating within this broader corrective structure ever since. He outlined four phases for the macro structure: the pump, the correction, the shakeout, and the moon. The initial phase, which occurred between 2019 and 2021, marked ā€œthe true impulsive bullish move,ā€ with strong trend expansion and increasing momentum. According to the market observer, the strong rally that followed the 2022 bear market appears to be a ā€œcounter-trend move within a broader corrective rangeā€ rather than a renewed bull market and the start of a new long-term cycle. As he explained, ETH’s range-bound behavior signals distribution and consolidation instead of continuation. ā€œFrom this perspective, the apparent bull market that developed within the correction can be interpreted as a dead cat bounce, a technically strong bounce occurring inside a larger corrective structure,ā€ he affirmed. Therefore, the current macro structure would suggest that a final shakeout phase could ā€œstill be required to fully reset sentiment and liquidity before Ethereum can transition into a new impulsive bullish cycle. Based on this, the trader anticipated a final liquidity-driven move to the downside in the coming months, followed by ā€œthe moonā€ phase, potentially next year, when ā€œthe structure suggests the conditions for a true long-term bullish continuation, with price discovery and expansion well beyond previous highs.ā€ #CPIWatch

Ethereum $1,900 Retest Could Decide Next Major Move – Is ETH Preparing For New Lows?

As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon.
Ethereum Weekly Close On Sight
On Thursday, Ethereum dropped 1.4% to retest a key area for the second consecutive day. After hitting a 10-month low of $1,747, the King of Altcoins bounced more than 15% to trade between $2,000 and $2,150 over the past few days.
However, the second-largest cryptocurrency by market cap failed to hold the crucial $2,000 horizontal barrier on Wednesday and tested the $1,900 mark for the first time in a week.
As most of the crypto market retests crucial levels, Ethereum (ETH) is attempting to reclaim a major horizontal area. Some market observers have warned that cryptocurrency could fall to new lows if the price doesn’t bounce soon.
After attempting to reclaim the key psychological level in the early hours of Thursday, Ethereum was rejected toward the recent lows, briefly falling below it. Analyst Ted Pillows highlighted the importance of ETH’s current zone, as it has previously triggered major moves.
To him, if the altcoin fails to reclaim the $2,000 area in the coming days, a full retrace toward the recent lows should be expected soon. Similarly, market observer Crypto Busy noted that the cryptocurrency is currently trading above a major long-term support.
According to the post, the recent correction has sent Ethereum toward a three-year rising support line, which ā€œwill decide the next big move.ā€ The analyst warned that ā€œIf the trendline breaks with strong weekly closes below $1,900, the structure weakens.ā€
Therefore, ETH must hold its current levels in the coming days to avoid a weekly close below this level. Otherwise, its price could drop ā€œinto the next liquidity pockets around $1,600 and possibly $1,300, where the next historical support zones exist.ā€
Is ETH’s ā€˜Real’ Bull Market Two Years Away?
A trader shared a potential macro-outlook for Ethereum that suggests the cryptocurrency could still see another major shakeout.
My thesis is that the major bullish move that began around 2019–2020 has transitioned into a large and prolonged macro correction, and that Ethereum has been consolidating within this broader corrective structure ever since.
He outlined four phases for the macro structure: the pump, the correction, the shakeout, and the moon. The initial phase, which occurred between 2019 and 2021, marked ā€œthe true impulsive bullish move,ā€ with strong trend expansion and increasing momentum.
According to the market observer, the strong rally that followed the 2022 bear market appears to be a ā€œcounter-trend move within a broader corrective rangeā€ rather than a renewed bull market and the start of a new long-term cycle.
As he explained, ETH’s range-bound behavior signals distribution and consolidation instead of continuation. ā€œFrom this perspective, the apparent bull market that developed within the correction can be interpreted as a dead cat bounce, a technically strong bounce occurring inside a larger corrective structure,ā€ he affirmed.
Therefore, the current macro structure would suggest that a final shakeout phase could ā€œstill be required to fully reset sentiment and liquidity before Ethereum can transition into a new impulsive bullish cycle.
Based on this, the trader anticipated a final liquidity-driven move to the downside in the coming months, followed by ā€œthe moonā€ phase, potentially next year, when ā€œthe structure suggests the conditions for a true long-term bullish continuation, with price discovery and expansion well beyond previous highs.ā€
#CPIWatch
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NVESTING LEGEND GARY CARDONE GIVES AN ABSOLUTE MASTERCLASS ON WHY #BITCOIN IS GOING TO $1,000,000 "IT WILL BE THE MOST PRISTINE COLLATERAL" "BECAUSE IT IS PRISTINE 24/7 COLLATERAL. IT WILL GET A PREMIUM FROM MONEY LENDERS" "YOU WILL BE ABLE TO BORROW MONEY CHEAPER THAN YOUR COMPETITORS IF YOU OWN $BTC " "YOU WILL BE ABLE TO USE IT TO BUY COMPANIES" IT'S COMING
NVESTING LEGEND GARY CARDONE GIVES AN ABSOLUTE MASTERCLASS ON WHY #BITCOIN IS GOING TO $1,000,000

"IT WILL BE THE MOST PRISTINE COLLATERAL"

"BECAUSE IT IS PRISTINE 24/7 COLLATERAL. IT WILL GET A PREMIUM FROM MONEY LENDERS"

"YOU WILL BE ABLE TO BORROW MONEY CHEAPER THAN YOUR COMPETITORS IF YOU OWN $BTC "

"YOU WILL BE ABLE TO USE IT TO BUY COMPANIES"

IT'S COMING
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A sustained break below the 0.786 retracement at around $179, and Michael Burry will look like a genius. From there, I expect at least a 30% correction from current levels. If I were trading $NVDA a stop-loss 1.5% below the 0.786 retracement would be non-negotiable.
A sustained break below the 0.786 retracement at around $179, and Michael Burry will look like a genius.

From there, I expect at least a 30% correction from current levels.

If I were trading $NVDA a stop-loss 1.5% below the 0.786 retracement would be non-negotiable.
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Partly True
Bitcoin has always been the most trusted digital asset, but using it in DeFi often meant giving up one of its biggest strengths: native ownership. That's why Trustless Bitcoin Vaults (TBV) stands out. With TBV from @babylonlabs_io native BTC can be used as collateral without wrapping, bridging, or relying on intermediaries. You stay in control of your keys while unlocking new borrowing opportunities through Aave v4. For me, this is less about adding another DeFi product and more about showing how Bitcoin can participate in the on-chain economy without compromising its core principles. The public testnet is already live, making it a great opportunity to experience native Bitcoin-backed borrowing firsthand and help improve the product by sharing feedback. # The future of Bitcoin utility starts with better infrastructure, and TBV is an exciting step in that direction. #baby $BABY
Bitcoin has always been the most trusted digital asset, but using it in DeFi often meant giving up one of its biggest strengths: native ownership.

That's why Trustless Bitcoin Vaults (TBV) stands out.
With TBV from @BabylonLabs_io native BTC can be used as collateral without wrapping, bridging, or relying on intermediaries.

You stay in control of your keys while unlocking new borrowing opportunities through Aave v4.
For me, this is less about adding another DeFi product and more about showing how Bitcoin can participate in the on-chain economy without compromising its core principles.

The public testnet is already live, making it a great opportunity to experience native Bitcoin-backed borrowing firsthand and help improve the product by sharing feedback.
#
The future of Bitcoin utility starts with better infrastructure, and TBV is an exciting step in that direction.
#baby $BABY
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Partly True
Someone asked me, "Why should I spend time testing something that's still on testnet?" My answer was simple: because that's where real innovation begins. I recently explored Trustless Bitcoin Vaults (TBV) by @babylonlabs_io and it changed how I think about Bitcoin utility. Instead of just reading updates, I got to see how TBV works in practice and why community feedback matters before a wider launch. The best products aren't built by developers alone. They're shaped by people who test them, ask questions, find issues, and share honest feedback. If you're curious about where Bitcoin innovation is heading, don't just watch from the sidelines. Try the TBV public testnet yourself, explore the experience, and submit your feedback. Your input could help make it even better. Who's joining me to test it? #baby $BABY
Someone asked me, "Why should I spend time testing something that's still on testnet?"

My answer was simple: because that's where real innovation begins.

I recently explored Trustless Bitcoin Vaults (TBV) by @BabylonLabs_io and it changed how I think about Bitcoin utility. Instead of just reading updates, I got to see how TBV works in practice and why community feedback matters before a wider launch.

The best products aren't built by developers alone. They're shaped by people who test them, ask questions, find issues, and share honest feedback.

If you're curious about where Bitcoin innovation is heading, don't just watch from the sidelines. Try the TBV public testnet yourself, explore the experience, and submit your feedback. Your input could help make it even better.

Who's joining me to test it?
#baby $BABY
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$ETH is holding above its breakout trendline, while the RSI uptrend is also intact. As long as this is the case, Ethereum downside will be limited.
$ETH is holding above its breakout trendline, while the RSI uptrend is also intact.

As long as this is the case, Ethereum downside will be limited.
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Verified
For a long time, using Bitcoin in DeFi often meant giving up custody through wrapping or bridging. Trustless Bitcoin Vaults (TBV) offers a different path, allowing native BTC to serve as collateral while you stay in control of your keys. The public testnet for native Bitcoin-backed borrowing with Aave v4 is a great opportunity to see this innovation in action. Instead of selling your BTC, you can explore borrowing supported assets while keeping your Bitcoin as native collateral in a trustless, self-custodial system. What stands out to me is the focus on real utility over hype. TBV brings together Bitcoin's security with DeFi's capital efficiency, opening the door to broader financial use cases without relying on centralized intermediaries. If you enjoy testing new blockchain infrastructure, give the testnet a try, share your feedback, and help @babylonlabs_io build the future of native Bitcoin finance. $BABY #baby
For a long time, using Bitcoin in DeFi often meant giving up custody through wrapping or bridging. Trustless Bitcoin Vaults (TBV) offers a different path, allowing native BTC to serve as collateral while you stay in control of your keys.

The public testnet for native Bitcoin-backed borrowing with Aave v4 is a great opportunity to see this innovation in action. Instead of selling your BTC, you can explore borrowing supported assets while keeping your Bitcoin as native collateral in a trustless, self-custodial system.

What stands out to me is the focus on real utility over hype. TBV brings together Bitcoin's security with DeFi's capital efficiency, opening the door to broader financial use cases without relying on centralized intermediaries.

If you enjoy testing new blockchain infrastructure, give the testnet a try, share your feedback, and help @BabylonLabs_io build the future of native Bitcoin finance.
$BABY #baby
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$ETH Moving pretty well against BTC This is the kind of rotation people have been waiting on for a while now. $BTC dominance is still not moving much though as not all alts are performing. If $ETH keeps outperforming at this pace, that dominance number is usually the next thing to roll over.
$ETH Moving pretty well against BTC

This is the kind of rotation people have been waiting on for a while now. $BTC dominance is still not moving much though as not all alts are performing.

If $ETH keeps outperforming at this pace, that dominance number is usually the next thing to roll over.
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Bitcoin is up 10.5% this month. SpaceX is down 29% this month. Imagine someone who soldĀ $BTC Ā to buyĀ $SPCX
Bitcoin is up 10.5% this month.
SpaceX is down 29% this month.
Imagine someone who sold $BTC to buy $SPCX
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Abraxas Capital has deposited $143 million in $BTC and $59 million in $ETH to exchanges today. This is a major reason crypto market is dumping.
Abraxas Capital has deposited $143 million in $BTC and $59 million in $ETH to exchanges today.

This is a major reason crypto market is dumping.
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Verified
$BTC continues to show resilience, reminding the market that strong fundamentals matter more than short-term hype. As attention returns to quality projects, I've been looking at what #Liberdus is building. Rather than focusing on speculation, Liberdus is creating a decentralized, open-source ecosystem where users have greater control over their data and digital interactions. What stands out is its focus on participation. Users can provide liquidity to supported LIB trading pairs on Uniswap to earn trading fees and potential rewards. During the testnet, validator nodes also allow participants to help secure the network while earning real LIB rewards. To me, the future of Web3 belongs to projects that empower communities to build, contribute, and grow together. That's why Liberdus is a project worth watching... $RE $DODO #BitcoinDominanceRisesTo59% #HongKongStorageStocksStrengthen
$BTC continues to show resilience, reminding the market that strong fundamentals matter more than short-term hype. As attention returns to quality projects, I've been looking at what #Liberdus is building.

Rather than focusing on speculation, Liberdus is creating a decentralized, open-source ecosystem where users have greater control over their data and digital interactions.

What stands out is its focus on participation. Users can provide liquidity to supported LIB trading pairs on Uniswap to earn trading fees and potential rewards. During the testnet, validator nodes also allow participants to help secure the network while earning real LIB rewards.

To me, the future of Web3 belongs to projects that empower communities to build, contribute, and grow together. That's why Liberdus is a project worth watching...
$RE $DODO
#BitcoinDominanceRisesTo59% #HongKongStorageStocksStrengthen
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$BTC daily Supertrend has flipped green. Last one pumped Bitcoin by almost 15% in 4 weeks. A similar pump means BTC will hit $76,000 by August.
$BTC daily Supertrend has flipped green.

Last one pumped Bitcoin by almost 15% in 4 weeks.

A similar pump means BTC will hit $76,000 by August.
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🚨 Spot ETF demand is continuing to build. July 21 net inflows: • BTC: +$203.14M • ETH: +$37.47M • SOL: +$5.83M • XRP: +$5.66M It's not just Bitcoin anymore. Institutional money is starting to spread across multiple crypto assets.
🚨 Spot ETF demand is continuing to build.

July 21 net inflows:

• BTC: +$203.14M
• ETH: +$37.47M
• SOL: +$5.83M
• XRP: +$5.66M

It's not just Bitcoin anymore.

Institutional money is starting to spread across multiple crypto assets.
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Damn… $BTC just surged back above $66,900, triggering $217M in liquidations within hours. Over the past 24 hours, total crypto liquidations have reached $426M. Current leverage: - $1.52B in shorts - $10.19B in longs That’s 6.7Ɨ more longs than shorts, with liquidation risk extending all the way down to $57,000.
Damn… $BTC just surged back above $66,900, triggering $217M in liquidations within hours.

Over the past 24 hours, total crypto liquidations have reached $426M.

Current leverage:

- $1.52B in shorts
- $10.19B in longs

That’s 6.7Ɨ more longs than shorts, with liquidation risk extending all the way down to $57,000.
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$XRP just broke out of its 66-day downtrend. Bullish for XRP holders..
$XRP just broke out of its 66-day downtrend.
Bullish for XRP holders..
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Bitcoin ETFs just absorbed $619,300,000 in consecutive inflows since the July 13 selloff. BlackRock's IBIT alone accounted for $506,100,000. 82% of all inflows. One fund. The selloff saw $424,700,000 walk out the door. $619,300,000 walked right back in. More came back than left. And BlackRock bought the dip harder than everyone else combined. When the largest asset manager on earth buys with that conviction. Pay attention.
Bitcoin ETFs just absorbed $619,300,000 in consecutive inflows since the July 13 selloff.

BlackRock's IBIT alone accounted for $506,100,000.
82% of all inflows. One fund.

The selloff saw $424,700,000 walk out the door.
$619,300,000 walked right back in.

More came back than left.

And BlackRock bought the dip harder than everyone else combined.

When the largest asset manager on earth buys with that conviction.

Pay attention.
BTC+0.57%
IBITETF-0.95%
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I've been cautious on Bitcoin over the past couple of weeks because that's what the data was telling me. But markets evolve. Bitcoin is now trading above $66,000, and open interest is continuing to build alongside price. That's exactly what I'd expect to see if traders are starting to gain confidence in the breakout. Add in five straight days of ETF inflows and a reclaim of the major resistance zone, and the short-term picture looks much healthier than it did a week ago. I'm still watching leverage closely, but right now I think the bulls have the momentum.
I've been cautious on Bitcoin over the past couple of weeks because that's what the data was telling me.

But markets evolve.

Bitcoin is now trading above $66,000, and open interest is continuing to build alongside price.

That's exactly what I'd expect to see if traders are starting to gain confidence in the breakout.

Add in five straight days of ETF inflows and a reclaim of the major resistance zone, and the short-term picture looks much healthier than it did a week ago.

I'm still watching leverage closely, but right now I think the bulls have the momentum.
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Bitcoin is above $66,000. ETFs have now bought $BTC for five straight trading days with $226.80M in inflows today The longest inflow streak since May. After weeks of uncertainty, institutional demand finally looks like it's returning. If these inflows continue while Bitcoin holds this breakout, I think the market starts looking very different.
Bitcoin is above $66,000.

ETFs have now bought $BTC for five straight trading days with $226.80M in inflows today

The longest inflow streak since May.

After weeks of uncertainty, institutional demand finally looks like it's returning.

If these inflows continue while Bitcoin holds this breakout, I think the market starts looking very different.
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Bitcoin ETF inflows are back. But zoom out. $273 million has entered spot Bitcoin ETFs over the last two weeks. That sounds impressive until you remember how much capital left during the recent sell-off. The question isn’t whether buyers have returned. It’s whether they’re returning with enough size to change the trend.
Bitcoin ETF inflows are back.

But zoom out.

$273 million has entered spot Bitcoin ETFs over the last two weeks.

That sounds impressive until you remember how much capital left during the recent sell-off.

The question isn’t whether buyers have returned.

It’s whether they’re returning with enough size to change the trend.
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