Yes, Bitcoin’s price drop is likely linked to the latest CPI data release. The U.S. inflation rate came in slightly higher than expected, which could lead to a more hawkish stance from the Federal Reserve. This often results in a sell-off in risk assets, including Bitcoin and other cryptocurrencies.

#DOGEUSDT Dogecoin is supported by a bearish engulfing wedge pattern and is showing signs of a reversal.

If this support holds, we can expect an upward move that will lead the price towards higher resistance.

#LINKUSDT The Chain Link has managed to break the upper boundary of the symmetrical triangle pattern on the weekly timeframe.
If this break is confirmed, a strong bullish rally can be expected.

Confirmation of the break and price consolidation above the key resistance is essential for the move to continue.

Members!

Capital preservation is crucial in any market. Keeping this in mind, along with the current risk factors, our AI has generated fewer trades as BTC has been trading sideways for the past week. Once the market stabilizes, it will resume providing high-quality trade opportunities as usual.

#FILUSDT Filecoin is still consolidating above a key support area on the weekly time frame.

If the price can hold this level and bounce off it, initial targets could be the $10 range and then $14.

#ADAUSDT Cardano has broken the cup and handle pattern and successfully retested it!

If this level is maintained and trading volume increases, the possibility of continuing the uptrend and reaching higher targets increases.

Coin:
BAKE/USDT

Position:
Long (5X-10X)

Exchange:
Any

Entry:
1. $0.2104
2. $0.1910

Targets:
1. $0.2152
2. $0.2205
3. $0.2310

Stop Loss:
$0.1810

Coin: OMNI

Position: Long 5-20X

Exchange: Binance, and Bitget.

Entry:

1. $5.07
2. $4.81

Targets:

1. $5.15
2. $5.20
3. $5.25


Stop Loss: $4.60

#COWUSDT The price has broken the downward trendline with strong momentum, which has been moving in downward ranges for a long time. We expect the price to continue its strong upward movement with little delay and is ready for a huge growth.

There appears to be significant cash outflow from Bybit, creating panic among the public and resulting in a BTC dump. Approximately $1.4 billion has been withdrawn, contributing to the market decline.

BYBIT COLD WALLET HACKED 🚨

Bybit’s cold wallet has been compromised, but the CEO assures stability, stating that only one wallet is affected.

For safety reasons, we would strongly recommend withdrawing any funds you have on the platform.

Stay cautious!

Bybit CEO assures users that the situation is under control.

#EOSUSDT A strong bullish position can be seen on the chart. After a long period of decline, the price was able to break the downward trendline and rose with strong momentum. It seems that the price has made up its mind and has gathered its volume for another huge rise.