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Syed Omer Hussain
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#BTCNextMove
$
BTC
has clear it’s major liquidity zone at 95300 now next
move
is upside hopefully
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Syed Omer Hussain
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#BinanceAlphaAlert Very true one must not invest when it’s not in good financial condition
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SUI To Face Another Pullback Following 5.3% Dip, Analysts Forecast 30% Correction SUI, the native token of the Sui Network, has seen a 13% pullback in the past seven days, halting its bullish rally. The cryptocurrency broke from a 1-month structure, fueling a bearish sentiment among market watchers, who foresee further downside for the token. SUI Loses Key Support Zone SUI has been on a downtrend this week, losing the recently gained levels alongside most of the market. The cryptocurrency saw a 5.3% drop in the last 24 hours, which has worried some investors and crypto analysts. The token registered one of the best performances during Q3, leading the market as one of the few altcoins registering green numbers in most timeframes. SUI started the month by recording a 15% weekly surge, which fueled its rally toward its new all-time high (ATH). Additionally, the token jumped 25% from its monthly opening, shooting past the $2 barrier to reach a new ETH of $2.35. However, its bullish rally was overshadowed by insider selling allegations on October 13. Market expert LightCrypto alleged that SUI’s performance would be affected by insiders’ continuous selling, who had unloaded $400 million in SUI tokens. Following the allegations, the cryptocurrency faced a 15% daily correction but remained above the crucial $2 support level. Since then, the cryptocurrency has moved sideways, hovering between the $2-$2.15 price range until today. On Tuesday morning, SUI lost the $2 support, plunging 6.5% toward the $1.87 mark before recovering the $1.90 zone. The token’s dip represented a 13% decline from its price seven days ago and an 18.4% drop from its ATH. Is A 30% Pullback Looming? Following SUI’s recent price action, some crypto analysts revealed that another pullback seems to be looming. Crypto analyst Altcoin Sherpa weighed in on the markets’ current performance, as it slowed down after Bitcoin’s surge to $69,000 on Sunday.
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Currently the market condition 👻👻👻 $BTC is the big looser all who think they are going on 210k just look at the current BTC market cap which is declining from 2.12T to 1.93T 👻👻👻
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150 Billion PEPE Stun Biggest Crypto Exchange Binance #BTCNextMove buy pepe at this price correction 💰 PEPEUSDT whale has shocked the broader cryptocurrency community with its market activity. Lookonchain, an on-chain analytics platform, noticed and shared the transaction in a post on X. PEPE whale activity reflects market caution Notably, the whale deposited 150 billion PEPE tokens valued at $2.72 million into crypto exchange Binance. The development suggests that the trader likely might execute a stop-loss order. The whale intends to limit losses by selling the PEPE tokens when its price falls to a specific level. Interestingly, the whale had earlier, on Nov. 28, withdrawn the same amount from the crypto exchange. However, the 150 billion PEPE was worth $2.94 million. The whale action when the withdrawal occurred hinted at a holding move. Now, with PEPE’s price performance in significant decline, the whale’s deposit might mean it has decided to sell the asset. PEPE trades at $0.00001927 as of this writing, representing a 9.55% dip in the last 24 hours. The whale has suffered a loss of over $219,000 on PEPE tokens at the current market price. Analysts say it is, therefore, understandable to take a stop-loss action. This could mitigate further losses on the asset as its value plunges downward. Community reactions and lessons on market timing The development has triggered a reaction from the broader crypto community — notably, a user, Human.AI.Blockchain (@humanDAO), highlighted that the incident serves as a reminder to all players in the crypto sector. According to them, it reveals that even big investors cannot always time the market perfectly. However, others consider the move as being too hasty. They opine that the asset could post a rebound eventually, and he should not have capitulated. These latter groups are optimistic about a bullish cycle with the replacement the Securities and Exchange Commission (SEC) Chair announced. The crypto space's divergent views reinforce the need for individuals to do their research. #BinanceAlphaAlert
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#BinanceAlphaAlert Bitcoin, Ethereum, and Dogecoin All Dropped Bitcoin (CRYPTO: BTC) is the biggest loser, falling 6.2% in the past 24 hours as of 3 p.m. ET and dropping below the $100,000 level. Ethereum (CRYPTO: ETH) is down 9.7% in that time to $3,350 and Dogecoin (CRYPTO: DOGE) is off 16.8% to $0.3032. The Fed's impact on crypto As much as cryptocurrencies have been marketed as a way out from under the traditional financial ecosystem, the crypto market trades a lot like traditional risk assets like growth stocks. In this case, when interest rates rise, growth stocks fall and crypto moves down along with them. A FOMO cycle nearing its end? This current run for crypto started after the election when there was an increase in speculation that President-elect Donald Trump would open up a bull run for the crypto market. And that may happen, but the gains seen didn't line up with any fundamental changes in the industry. Questions heading into 2025 The gains of the last year were largely based on speculation and momentum from items like the approval of exchange-traded funds (ETFs) and the election. But in 2025 there may be fewer of these tailwinds and pricing is driven by the number of new buyers coming into the market, like Bitcoin.
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