CHZ broke through the resistance area on the second attempt and is now retesting it. You can consider opening a small long position at the retest with a tight stop loss. We may see a bounce from here.
Support Area: $0.0638-$0.0652
Resistance Area: $0.0837-$0.0854
BAKE analysis:
Price is currently within the support and resistance area. It is advisable to wait for a clear breakout above the resistance area or a test of the support area for new entries as this is a no-trade zone.
Support Area: $0.219-$0.227
Resistance Area: $0.258-$0.27
#FIDA is ready to explode! 🚀
It’s on very strong weekly support in #BTC pair
We’ve seen 20-30% jump from this range ✍🏻
Don’t sleep on it! 🔥
Historically, Bitcoin bull markets peak between 518-546 days after a halving event. However, this cycle is showing signs of accelerating by roughly 100 days. This hints at a potential peak around mid-May to mid-June 2025.
The accelerated timeline could bring more excitement and opportunities for investors.
Bitcoin began the week positively and is now approaching the resistance area. Let's see if BTC can break the $65,000 level this week.
Читать полностью…Here’s an overview of all US Bitcoin spot ETFs:
The overall trend remains bullish as BlackRock continues to accumulate Bitcoin, showing strong confidence in the market. Additionally, the selling pressure from Grayscale has significantly reduced, indicating a more stable environment.
All signs point to positive times ahead for Bitcoin as institutional interest continues to grow.
Nothing has changed in the market yet, and Bitcoin is moving sideways. We might see some action on Monday when the global markets open.
Читать полностью…U.S. Spot ETFs now hold 4.6% of the total Bitcoin supply, amounting to a value of $58B. The recent increase in balances includes Grayscale's Bitcoin Mini Trust holdings, underscoring strong institutional demand for regulated Bitcoin exposure. This trend highlights the growing influence of institutional players in the crypto space.
Читать полностью…XAI is experiencing a significant increase after testing the support area. The long position is now up by more than 21%. Consider taking some profit or maintaining the position with a trailing stop loss.
Resistance Area: $0.243-$0.258
CHZ analysis:
The price has broken below the support area and is currently trading below it. The price is now heading for a retest of this area, and we should observe how it reacts there. This is considered a no-trade zone, and it's better to wait for some time for new entries.
Resistance Area: $0.0637-$0.0652
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XAI followed the plan and tested the support area as expected. We already gave a signal to buy at the support area. You can hold the position with a stop loss. The support and resistance levels remain the same.
Читать полностью…ORDI analysis:
Price is approaching the support area, making it a good zone for new entries. There may be a liquidity grab at the support, followed by a bounce.
Support Area: $26-$28
Resistance Area: $0.375-$0.40
Bitcoin is once again testing the support area. Let's see how the price reacts. This is a crucial point, and a break below $60,000 will trigger heavy selling.
Читать полностью…BTC Short-Term Holder Support Levels:
🔵 STH Realized Price (< 1 week): $64.4K
🔴 STH Realized Price (< 1 month): $61.7K
🟢 STH Realized Price (Overall): $62.7K
🐂 Bullish: Spot holds support above STH realized price.
🐻 Bearish: Loss of STH support (< 1 month) at $61.7K.
Keep an eye on these key levels for potential market moves!
Bitcoin tested the resistance area and experienced a sharp rejection. Sellers are active in the zone. Another attempt at the resistance area is expected, and we will observe how the price reacts.
Читать полностью…Buying #FIDA now🚀
Accumulation is in full swing, and the pump is inevitable.
This one's set to explode🫡
#FIDA/USDT here is gearing up for the big jump from horizontal support 🚀
Buy on MEXC: https://www.mexc.com/exchange/FIDA_USDT
Buy on Binance: https://www.binance.com/en/trade/FIDA_USDT
Short term targets: 10%-30%-50%
The TOTAL2 (altcoin marketcap) was rejected from the resistance area in the first attempt. We may see another test of the resistance area. A break above this area will trigger a good rally in altcoins.
Resistance Area: $925-$960 Billion
IOTA analysis:
Price tested the support area and bounced from there. You can place your buy orders in the support area and wait. We may see a test of the support area again before the next move.
Support Area: $0.113-$0.117
Resistance Area: $0.152-$0.156
CHZ is retesting the area and was rejected in the first attempt. The price is now approaching the level again, and we'll see how it reacts this time. If there's another rejection, the price will likely move towards the support area. It's better to stay away from CHZ for now.
Читать полностью…CKB analysis:
Price touched the support area and bounced from there. Consider opening long positions if the price drops to the support area.
Support Area: $0.015-$0.0158
Resistance Area: $0.0191-$0.0205
The ACA position was stopped out, highlighting the importance of always using a stop loss. Additionally, the price broke the triangle pattern, indicating a bearish trend. It's advisable to avoid ACA for now, as we may see further declines in the coming days.
Читать полностью…Bitcoin has rebounded from the support area as expected. There may be a move towards the $64,500-$65,500 resistance area in the coming days. It seems like the dump is over, and we may see a continuation of the upward movement.
Читать полностью…Bitcoin miners' selling pressure has reduced over the last 30 days, and for the first time in nearly a year, the trend has reversed. This shift could signal positive momentum for the market.
Читать полностью…Educational Post
What Are Cross-Chain Bridges?
Cross-chain bridges, also known as blockchain bridges, are mechanisms that enable the movement of assets and information between different blockchain networks. These bridges facilitate interoperability and connectivity between different networks that may use different protocols and consensus mechanisms or have distinct functionalities that otherwise wouldn't be able to communicate with each other directly.
Why Are Bridges Important?
Bridges are crucial in addressing one of the most significant challenges in the crypto space – the lack of interoperability between different blockchain networks.
Each blockchain operates independently with its own unique set of rules, making it difficult to communicate and interact across networks. By connecting different blockchains, bridges enable the movement of tokens across chains and thereby enhance liquidity. This is particularly valuable in the decentralized finance (DeFi) ecosystem, where liquidity is crucial for the functionality of DeFi applications.
Types of Cross-Chain Bridges
There are several types of blockchain bridges. One common type is federated bridges, which employ a group of trusted entities to approve the transfer of assets across blockchains. Another is relay bridges, which relay information between different blockchains and often use special blockchain networks to provide shared security and enable interoperability between different chains.
Other types of cross-chain bridges include sidechain bridges and wrapped token bridges, each designed to address specific use cases and requirements. Regardless of their specific design, all bridges aim to enable the movement of digital assets across blockchain networks.
Risks of Cross-Chain Bridges
Blockchain bridges, while beneficial for a variety of reasons, also come with drawbacks. Blockchain bridges can have vulnerabilities and be exploited by attackers to steal large amounts of cryptocurrency.
Another potential technical limitation is transaction bottlenecks. A single chain’s throughput capacity limitations could affect overall capacity, creating a bottleneck for larger-scale blockchains.
Bitcoin is maintaining the support area, indicating a positive sign. A potential bounce may occur, as it seems that the market has absorbed the impact of the war news.
Читать полностью…Key Bitcoin Support Levels 🔸
Based on on-chain data, the most significant support zones are:
1️⃣ $61,101 (1.83% of total BTC moved)
2️⃣ $60,365 (2.01% of total BTC moved)
3️⃣ $59,630 (1.29% of total BTC moved)
4️⃣ $58,892 (1.35% of total BTC moved)
Keep an eye on these levels for potential strong support!
ACH analysis:
The price has been rejected from the resistance area several times. This means it's currently a no-trade zone. We are waiting for a clear break above the resistance area or a test of the support area for new entries. Let's see how the price reacts in the coming days.
Support Area: $0.0153-$0.0163
Resistance Area: $0.022-$0.0231
We will only post announcement for 10k USDT Giveaway for our Active user's once this POLL reach 10k votes🔥
Vote and Stay tuned🚀✌️