#BinanceBlockchainWeek 2025 wrapped with powerful debates, market insights, and breakthrough ideas shaping the future of digital assets, payments, and Web3. Don’t miss the key takeaways from Day 2!
It appears that the pair is moving within Wave C, which represents the final leg of Wave (B) in a corrective structure. This correction may form a running flat or an expanded flat after completing the last C-leg. By drawing the price channel, we can see that price is nearing the upper boundary, which signals a potential reversal marking the beginning of the bearish wave .
The lower boundary of the price channel may be broken, along with the key level , which would confirm the bearish wave representing Wave (C) .
The decline may settle at the highlighted demand zone, with the possibility of further extension — updates will follow in the near future .
Confirmation signals for the bearish wave should be observed, as mentioned earlier.
🚨 UPDATE: US prosecutors say Terraform Labs co-founder Do Kwon should receive 12 years in prison for the “colossal” fraud behind the $40 billion TerraUSD collapse.
His sentencing is scheduled for December 11 in New York.
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🚨 LATEST: Bitwise CIO Matt Hougan dismisses concerns Strategy will be forced to sell its Bitcoin citing strong cash reserves and no debt due until 2027
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