Gold Standard Club, the Founding Co-builder of Binance's Top Guild!Verified KOL ✅ Binance Future Scalper ✅ Content Writer ✅ X:Sanjaygupt74977, UID: 57601406
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The market is showing strong recovery after touching the low around 592.49. From that level, price started moving up step by step and created higher highs. The recent high was near 637.24, which shows clear bullish momentum. Right now price is moving around 631 and looks stable after the recent push. Buyers are still active and the trend is overall positive. If the price holds above 630, we may see another attempt to break the recent high. Always trade with proper risk management and do your own research before making any decision. #Write2Earn #BinanceSquareFamily #bnb $BNB {future}(BNBUSDT)
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The market is seeing some green today as Bitcoin attempts to reclaim its key psychological level.
💰 BITCOIN (BTC) ANALYSIS
· Current Price: Bitcoin is currently trading between $69,000 - $69,100. · Performance: BTC has recorded an increase of approximately 4.5% in the last 24 hours. · Key Levels: · Immediate Resistance: $70,000 (If the price holds above this, the next target could be $73,000). · Support: $66,000 is now acting as a strong support level.
💠 ETHEREUM (ETH) & ALTCOINS
· Ethereum: Ethereum has also seen a significant increase of 5.5% and has moved above the $2,050 level. · Solana (SOL): Solana has been the major player of the day, witnessing an 8% increase and is trading near $85. · Zcash (ZEC): A strong surge was seen in privacy coins, with ZEC bouncing back by approximately 19%.
📰 TODAY'S TOP NEWS (Market Highlights)
1. Bitcoin's Comeback: After four consecutive weeks of decline, BTC has broken its negative streak today and established a foothold above $69k. 2. Institutional Buying: Data shows that "Whales" have resumed buying at key prices, which prevented the market from falling further. 3. Mid term Outlook: Standard Chartered has slightly lowered its short term prediction in a recent report, but the long-term bullish trend remains intact.
📊 TRADING ADVICE (Pro Insight)
· Avoid the Trap: Although the market is moving up, don't consider this a full-blown "Bull Run" until BTC gives a strong close above $74,000. This could still be a "Dead Cat Bounce." · Altcoins: There is good movement in Solana and Ripple (XRP) right now, but only take entries at support levels. · Risk Management: Volatility may remain high today as the weekend begins, which typically sees lower volume.
💡 Note: Today's recovery has proven that the $60k-$63k zone currently stands as an impregnable fortress.
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