AWEDH ALHATTANI

Key Takeaways
Bitcoin has moved back above $75,000 after briefly falling below that level earlier.Traders continue to focus on the CME futures gap between roughly $74,600 and $77,500.The Kelp DAO exploit continues to pressure DeFi markets and altcoins.Oil prices and Iran-related headlines remain key macro drivers.
Bitcoin Climbs Back Above $75K
Bitcoin has recovered above $75,000 after pulling back from Friday’s high above $78,000.
The rebound comes as traders continue to position around the large CME futures gap left behind after the weekend.
Ethereum has also stabilized near $2,300 after falling from Friday’s peak near $2,460.

CME Gap Still in Focus
Bitcoin futures on CME closed Friday near $77,540 and reopened around $74,600, creating an upside gap of nearly 4%.
Historically, Bitcoin often revisits these gaps, leading many traders to expect a move back toward the $77,000–$78,000 range.
The recovery above $75,000 strengthens the possibility that BTC could continue pushing higher if risk sentiment improves.
Iran Headlines and Oil Prices Continue to Drive Markets
Macro conditions remain volatile as investors continue to monitor developments around Iran and the Strait of Hormuz.
Oil prices remain elevated after renewed disruptions to shipping routes over the weekend, while US stock futures have traded more cautiously.
Despite this, Bitcoin has continued to outperform many traditional risk assets during the recent period of geopolitical uncertainty.
Kelp DAO Hack Still Weighs on DeFi
The fallout from the Kelp DAO exploit continues to affect the DeFi sector.
The attack caused billions of dollars in withdrawals from Aave and triggered concerns about bad debt and liquidity shortages.
While the AAVE token has stabilized somewhat after its sharp weekend decline, DeFi sentiment remains fragile.
Traders Remain Positioned for Volatility
Derivatives markets continue to show cautious sentiment.
Funding rates for major crypto assets remain slightly negative, indicating that many traders are still betting against a sustained breakout.
That short positioning could help fuel another rally if Bitcoin continues to hold above $75,000 and pushes toward the CME gap zone.
Key Levels to Watch
For Bitcoin, traders are watching:
Support near $74,000–$75,000Resistance near $76,000CME gap target near $77,500Larger breakout target near $80,000
As long as Bitcoin remains above $75,000, the short-term structure continues to favor the bulls despite ongoing macro and DeFi-related risks.

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This Promotion may not be available in your region. Only Binance Square creators who complete account verification (KYC) will be eligible to participate in this Promotion, except those who are in countries which have specific Binance Product blocks.Participants must comply with the Write to Earn Promotion terms and conditions.  
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*This is a general campaign announcement and products might not be available in your region.
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2. Active Creator Sprint (1,500 USDC Pool)
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👉 Eligible Participants: All Write to Earn participants
💰Rewards for Top 10 Single-Content Earnings:

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For More Information
Pro Tips to Boost Your Write to Earn RewardsFrequently Asked Questions on Binance Square “Write to Earn” Promotion
Terms and Conditions
This Promotion may not be available in your region. Only Binance Square creators who complete account verification (KYC) will be eligible to participate in this Promotion, except those who are in countries which have specific Binance Product blocks.Participants must comply with the Write to Earn Promotion terms and conditions.  
Users can earn rewards simultaneously in Activities 1, 2, and 3. In Activity 3, the same user can receive multiple rewards. For Activities 1 and 2, each user’s individual reward is capped at 5 USDC respectively.If your content generates any commission on a given day, you will receive a Square Assistant notification the next day with the detailed amount. Please note that rewards will be distributed on a weekly basis, by the following Thursday at 23:59 (UTC). Once you accumulate at least 0.1 USDC of commission rewards each week, Binance Square will update your weekly performance on the promotion page by the following Thursday at 23:59 (UTC). The Binance Square team will review all content for compliance with campaign guidelines and select final winners according to campaign rules.All 5,000 USDC rewards will be distributed in the form of USDC token vouchers to eligible users within 21 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Guidelines or Binance Square Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 
Disclaimer: Content on Binance Square includes information, views and opinions posted by Users and or other third parties, which may be sponsored. Content on Binance Square may also include AI generated content with the use of Binance AI or User AI in User Content, subject to the AI Policy.  Content on Binance Square may be original or sourced, or in combination. Such content is presented to viewers on an “as is” basis for general information purposes only, without representation or warranty of any kind. Such content is not to be used or considered as any kind of advice. Insights and opinions expressed in these content belong to the relevant poster and do not purport to reflect the views of Binance. Content on Binance Square, is not intended to be and shall not be construed as an endorsement by Binance of such views or a guarantee of the reliability or accuracy of such content. Viewers and users are reminded to do your own research (DYOR). Furthermore, the content and Binance Square’s availability is not guaranteed. Digital asset prices vary in volatility. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. For more information, see our Terms of Use, Risk Warning, and Binance Square Terms.