BlackRock CEO Larry Fink says people are more worried about the economy than ever.
In a recent update, Fink shared that almost everyone he talks to feels anxious about the future. He believes this is because many people havenβt felt the benefits of economic growth.
In a recent update, Fink shared that almost everyone he talks to feels anxious about the future. He believes this is because many people havenβt felt the benefits of economic growth.
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#Bitcoin exchange inflows have dropped to their lowest levels in nearly two years, indicating a significant decrease in selling activity. This slowdown suggests that fewer holders are looking to liquidate their positions. Such a reduction in selling pressure often signals that the market is nearing a bottom. A market bottom typically marks the point where prices stabilize before a potential recovery. Therefore, this trend may indicate that Bitcoin's price is approaching a low point and could soon reverse.
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The #LINK/USDT chart displays a clear uptrend within a bullish channel. There's a potential retracement towards the Fair Value Gap (FVG) around the $14.50 zone, which could present a favorable entry point. If this zone holds, a new bullish impulse may drive the price toward the channel's upper boundary.
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Cardano (#ADA) is currently in a consolidation phase, with the price around $0.6900. Technical indicators show a neutral market (RSI at 43.1) and a slight bearish momentum (MACD at -0.007). Key support is at $0.6300, while resistance is near $0.8500. Watch for potential breakouts or downturns depending on key levels.
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The #BEL/USDT pair is currently showing a range-bound structure on the daily timeframe, with a key support zone between 0.5700 and 0.6230. The price is hovering above this support, which has held as a critical demand area, suggesting potential for a bounce if the support holds.
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CryptoQuant reports that 1,057 BTC dormant for 7-10 years has just moved, suggesting long-term holders may be preparing to sell. This movement could signal a potential market shift, as long-term holders typically don't sell unless they see favorable conditions. It might indicate a change in market sentiment, with possible selling pressure. Increased supply could impact Bitcoin's price if demand doesn't match. This movement warrants attention but requires further analysis of broader market trends.
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BREAKING: Elon Musk urges the United States and Europe to create a βzero-tariffβ system and establish a βfree trade zone.β
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VeChain (#VET) is showing weak momentum as it trades near $0.0217 with slight bearish bias. The market is consolidating, indicating indecision among traders. Technical indicators like MACD and RSI suggest limited upside in the short term. Key support lies at $0.0215, while resistance stands at $0.0225. A break below support could trigger further downside pressure.
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Technical CRYPTO Analyst
#BTC Ready For The Resistance R2 Test.
#BTCUSDT UPDATE As expected, the price managed to break the R2 resistance and is moving towards the 2 support. It seems that the price is ready for bearish situations.
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#DOTUSDT Triple bottom structure on the weekly timeframe indicating strong demand.
Historical moves from this support zone have produced +200% rallies.
Current PA shows a rounded retest with a bullish setup forming - similar trajectory expected.
Break of $4.60 will be the first key confirmation for acceleration upward.
Historical moves from this support zone have produced +200% rallies.
Current PA shows a rounded retest with a bullish setup forming - similar trajectory expected.
Break of $4.60 will be the first key confirmation for acceleration upward.
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π¨π¦πΊπΈ Canada announces 25% tariffs on some US-made cars.
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