#BinanceSquareCreatorAward

also like to thank @Richard Teng , @Diana 🔶 @Sahib @Binance Square Official @Binance Customer Support and All Binance Official Team for providing us with such an amazing platform, giving us the opportunity to feel the love and strength of our family members. Here’s to many more successful days ahead, united as one!
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According to Odaily, the United States' unadjusted core Consumer Price Index (CPI) for July has decreased to 3.2% year-on-year, marking the fourth consecutive month of decline. This is the lowest level since April 2021 and aligns with market expectations.
Additionally, the unadjusted CPI for July stood at 2.9% year-on-year, also experiencing a fourth consecutive month of decline. This is the first time since March 2021 that the CPI has returned to the 2% range, with market expectations set at 3%.#MarketDownturn $BTC $ETH #BlackRockETHOptions
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#LowestCPI2021
According to Odaily, the United States' unadjusted core Consumer Price Index (CPI) for July has decreased to 3.2% year-on-year, marking the fourth consecutive month of decline. This is the lowest level since April 2021 and aligns with market expectations.
Additionally, the unadjusted CPI for July stood at 2.9% year-on-year, also experiencing a fourth consecutive month of decline. This is the first time since March 2021 that the CPI has returned to the 2% range, with market expectations set at 3%.

B itcoin 4H Chart Technical Analysis:
Trend and Patterns:Support Levels:
The chart shows a significant support level near 49,000, which held during a recent dip. If price retraces, this level will be crucial for bulls to defend.
Resistance Levels:
The next resistance is around 63,404, which coincides with the previous highs. Bulls will need to break this level for a sustained upward trend.
Volume Analysis:
Volume seems moderate, suggesting cautious market participation. A spike in volume could indicate stronger moves in either direction.
Conclusion:
BTC/USDT is in a consolidation phase with short-term bullish momentum. Price action near the EMAs suggests a potential breakout in the near term. Keep an eye on resistance around 63,404 and support at 49,000. A confirmed break above or below these levels could indicate the next significant move.
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I have a good news and a bad news ❗
Good news is all of you are gonna see your portfolio much higher in this cycle than expected
Bad news is 90% of them will give everything back to the market after the end of bull run and even lower than what you have now
Only people with strong psychology and money management skills will keep and make sure you are following right people
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#$BTC
#MarketDownturn

Altcoin Season Incoming?
CryptoXhop Analyzes Bitcoin's Dominance Dip!
Heads up, CryptoXhop Fam!
A recent article on Ambcrypto dives into a potentially significant shift in the crypto market. It highlights a dip in Bitcoin's dominance, which could pave the way for altcoins to shine.
Bitcoin's Grip Loosenes:
Bitcoin's dominance, the percentage of the total crypto market cap it holds, has reportedly dipped to 55%. This is a notable decrease from its historical highs.This trend suggests that investors might be allocating funds towards altcoins, potentially anticipating higher returns.
Altcoin Season on the Horizon?
While the article doesn't explicitly predict an altcoin season, it explores the possibility. Historically, periods of declining Bitcoin dominance have been associated with increased altcoin activity and price surges.
CryptoXhop's Insight:
This development could present opportunities for altcoin
investors.
However, remember
Do Your Research: Don't blindly jump into altcoins. Conduct thorough research and understand the risks involved.
Market Volatility: Altcoins are generally more volatile than Bitcoin. Be prepared for price fluctuations.
What are your thoughts on Bitcoin's dominance dip? Do you see an altcoin season brewing? Share your insights in the comments below!
#Write2Earn #MarketDownturn #AirdropGuide #cryptoxhop #altsesaon
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.#BinanceLaunchpoolTON #MarketDownturn #BinanceHODLerBANANA #HamsterKombat #HamsterKombat
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💰 RUNE Analysis- 👀
THORChain is approaching a dashed resistance at $3.80🧐
Potential targets if breakout above it occurs: $4.40, $5.00, $6.00, $7.10, and $10.00🎯
Monitor volume for breakout confirmation📊
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💰 RUNE Analysis- 👀
THORChain is approaching a dashed resistance at $3.80🧐
Potential targets if breakout above it occurs: $4.40, $5.00, $6.00, $7.10, and $10.00🎯
Monitor volume for breakout confirmation📊
#Rune #CryptoDawar #BinanceLaunchpoolTON $RUNE

Participate in our #MarketDownturn campaign for a chance to win up to 1000 USDC! Share your thoughts on the crypto market drop, its causes, and your strategies for making the most out of it. Let's stay strong and navigate this market together!
Campaign Period: 2024-08-05 00:00 to 2024-08-11 23:59 (UTC)
To Participate:
Post your insights on the crypto market drop using the hashtag #MarketDownturn on Binance Square.
Include:
Analysis of what's causing the market drop;
Your strategies for capitalizing on the downturn;
Tips for staying strong and resilient during market fluctuations.
Make sure your post has a minimum length of 200 characters.

#MarketSentimentToday $BTC
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#BTC
BTC UPDATE:
After Falling From 67k BTC Touched The Strong Support And Now Consolidating There.
There is Falling Wedge Pattern On 4H which Is Bullish Pattern And Currently BTC Also Respecting It's Major Support So According To The Analysis We May See Bullish Movementum In BTC.
Major Support ( 64.5k - 65.7k ) BTC Must Hold This Support To Go Bullish ( In Case BTC Breakdown The Support Then 60k - 61k is on The Way ).
CONCLUSION: BTC is Bullish For Short Period And Soon BTC Will Touch 68k in next 2 or 3 Days.
NOTE: BTC is Still In Downtrend And Big Correction Is Yet To Be Done , This Update Is only Valid For 2 Days Or Till This Week.
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