$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
$SUI is trading in an accumulation zone. A breakout above $0.72 could trigger a strong bullish move, while losing current support would delay the recovery.
NEW: Gold is one of the first markets I check whenever uncertainty picks up.
Between inflation, rate expectations, and global headlines, XAU has been keeping traders busy. I’m following it on AlphaX, where eligible TradFi markets currently have 0 trading fees.
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.
LATEST: The line between centralized and decentralized trading is starting to blur.
AlphaX offers the speed of a CEX while keeping the transparency of on-chain trading. Add crypto and TradFi markets on one platform, and it’s an interesting direction for where trading is heading.
$DOGE is holding the $0.07 support after a long downtrend and showing signs of accumulation. If it breaks above $0.11, the next target is $0.13–$0.15. A drop below $0.065 would weaken the bullish outlook.
FLASH: Apple and Amazon earnings are two reports I’m watching closely this week.
Between AI, cloud growth, and consumer demand, these results could move the broader market. $AAPL is definitely on my BingX watchlist heading into earnings.
$ETH vs $SOL has seen quite the volatility in recent months.
During June, ETH lost -20% against SOL in the matter of 3 weeks.
In July, all of this was retraced back as ETH is outperforming both SOL and $BTC
Good to keep an eye on this ratio, generally we see either SOL or ETH outperform and with that its ecosystem coins. So focus where the strength is. #ETH #SOO #Ripple #BingX #Macro Insights#
$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.
The majority of the top 50 coins have outperformed $BTC over the past 3 months.
The market has been choppy but meanwhile there's a variety of coins that have creeped up 50%+ against BTC over the past couple of months.
Keep a close eye on where high timeframe down trends are being broken, those coins should do well if Bitcoin finally shows some high timeframe strength too. #BTC #Altcoin Season# #BingX #What is your Bitcoin Price Prediction?#
$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
As long as this holds, Ethereum will continue to outperform Bitcoin.
Meanwhile $TSLA reminded everyone that earnings are about more than headline numbers.
Record revenue couldn’t offset an EPS miss, and the market reacted quickly. Definitely keeping Tesla on my watchlist, especially with TSLA perpetual trading available on BingX.