Crypto Total Market Cap just sitting at high timeframe support which corresponds with the $60K level on $BTC
Until either the local highs are broken and push us higher in the range or the big support level is broken, this will just be a choppy few weeks. #BTC $SPCXB #Macro Insights# #BingX #BTC Price Analysis#
$SOL is retesting the $75–$76 support after a pullback. If buyers hold this zone, a move toward $82–$84 could be next. Will #SOL bounce from here or see one more dip first? #Ripple #Macro Insights# #BingX #Altcoin Season#
$ETH Breakout against $BTC has happened but we're not seeing much action just yet. That 0.03 level on the ETH/BTC ratio has been capping price for now.
ETH needs a strong push & close above that point and I think momentum should take it from there. Can't idle around here for too long or it risks losing the levels it broke out from. #BTC #ETH #Macro Insights# #BingX #Altcoin Season#
$SOL is testing a key reversal zone. A breakout above $79 could start a strong recovery, while losing $72 support would keep sellers in control. #SAol #Ripple #BingX #Macro Insights# #BTC
Crypto was doing quite well during the AI/Memory stock sell off. Now we saw some explosive bounces crypto has stalled and even started rolling over again.
Even within the stock market itself we are seeing a lot of liquidity rotations between sectors. One does well, the other sells off.
Hot ball of money across financial markets. #BTC #Macro Insights# #BingX #Altcoin Season#
$BTC Is at its lowest weekly volatility in 2 years. This was right after the Yen Carry trade blowup when price was chopping around the $50K region.
With how compressed price is here on the weekly timeframe, and the Weekly 200MA/EMA and Bull Market Support band closing in on each other, I think we will see a decisive move (10% +/- week) pretty soon.
That break will probably also lead the direction for the rest of the Summer/Quarter. #BTC #What is your Bitcoin Price Prediction?# #BingX #Macro Insights#
$BTC Testing the local resistance again. Needs to push above $65K here to break out and give that $67K local high another go.
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$SUI is holding the $0.68 support after a short-term downtrend and appears to be entering an accumulation phase. If buyers push the price above $0.74, the next target is $0.78. However, a break below $0.68 could lead to a drop toward $0.66. #SUI #Macro Insights# #BingX $BTC
The $BTC vs $GOLD Ratio is back at its historically interesting horizontal level.
Breaking back above this area has marked big rallies on this ratio.
So let's see if BTC can break higher and start outperforming gold again for a while.
Meanwhile, One thing I like about BingX is the variety.
This time it’s $TMF, $TBT, $REMX, and $NEE joining the TradFi perpetual lineup. It’s nice having macro, commodities, and energy-related opportunities all on one platform.
$SOL Starting to lose its horizontal support area.
Needs to break this local consolidation before we can start looking at the range high again.
But with $ETH / $BTC moving a bit recently, SOL is usually left behind. So I think the ETH ecosystem is more interesting as we speak. #SOL #Ripple #BingX #ETH #BTC