$BTC Fine weekly close. Price is holding above $78k, so as long as this holds, I think bulls will remain in control. One thing I want to add: overall, the weekly chart is still within a downtrend, and this whole consolidation zone is bears’ territory. They would want to defend it to create a lower high here. Just don’t get too excited if price goes up. Personally, I’m not looking for new buys my aim is to take profits on the spikes. $BTC $XRP
The math behind Binance's $LUNC burn is mind-blowing! 🤯 On May 1st, @Binance burned 923 Million $LUNC , which represents 50% of their monthly trading fees. The Calculation: 🔹 Total Fees Earned: ~1.84 Billion $LUNC 🔹 Based on 0.1% avg fee, the monthly volume on Binance reached a staggering ~1.84 Trillion $LUNC ! 🌪️ At current prices, that's nearly $185 Million in trading volume for just ONE month on ONE exchange. This isn't just a burn; it's a massive liquidity engine. When the community-led "revival" hits full speed, imagine the impact! 🚀💎 #LUNC #USTC #Binance a16zCryptoSaysRWATops$30B #CLARITYActHearingSetforMay14
The math behind Binance's $LUNC burn is mind-blowing! 🤯 On May 1st, @Binance burned 923 Million $LUNC , which represents 50% of their monthly trading fees. The Calculation: 🔹 Total Fees Earned: ~1.84 Billion $LUNC 🔹 Based on 0.1% avg fee, the monthly volume on Binance reached a staggering ~1.84 Trillion $LUNC ! 🌪️ At current prices, that's nearly $185 Million in trading volume for just ONE month on ONE exchange. This isn't just a burn; it's a massive liquidity engine. When the community-led "revival" hits full speed, imagine the impact! 🚀💎 #LUNC #USTC #Binance a16zCryptoSaysRWATops$30B #CLARITYActHearingSetforMay14
I’m starting to notice some potential warning signs developing on $ZEC as price pushes deeper into major higher timeframe resistance. On the 4H chart, $ZEC is beginning to show a bearish RSI divergence, while trading volume continues to fade during the move higher. At the same time, price structure is starting to form what looks like an ascending wedge into resistance. None of this confirms a reversal yet, but weakening momentum, declining volume, and wedge structure appearing together usually signal that the market may be entering a much more sensitive area.