Coins4u

The MMT token is priced at approximately $2.01, marking a 309.12% increase in the last 24 hours.
• The token experienced extreme volatility upon launch, surging over 4,000% to an all-time high of $4.47 before undergoing a 70% price correction.
• Its 24-hour trading volume reached an exceptional $2.4 billion, with a current market capitalization of approximately $408 million.
Core Driving Factors
• Binance further supported the launch by featuring MMT in its HODLer Airdrops program, offering a 2,000,000 MMT prize pool, and integrating it across its Earn, Convert, Margin, and Futures platforms.
• The project, a decentralized exchange on the Sui blockchain, launched with strong fundamentals, including backing from prominent investors and pre-launch metrics of over 2.1 million users and $600 million in Total Value Locked (TVL).
• Currently, 20.4% of the 1 billion total MMT supply is in circulation, with future token unlocks scheduled after a 12-month cliff.
Technical Outlook
• At its peak, the 1-hour Relative Strength Index (RSI) hit 95, signaling extremely overbought conditions. The RSI has since cooled to a more neutral 50.6.
• The all-time high of $4.47 acts as a major resistance level, while a recent 1-hour low was recorded around $1.11.
• High volatility is confirmed by wide 1-hour Bollinger Bands (ranging from $0.23 to $3.21) and a high Average True Range (ATR) of 0.58.
#MarketPullback #MMT
$MMT

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Bitcoin's price corrected by approximately 5.6% in 24 hours, falling to ~$100,707 and briefly dipping below the key $100,000 level. Its market cap is now ~$2 trillion.
• Spot Bitcoin ETFs saw substantial net outflows of $1.34 billion over four sessions, signaling reduced short-term institutional demand.
• The Fear & Greed Index has dropped to 27, indicating a state of "Fear" among investors.
Core Driving Factors
• Selling pressure is attributed to profit-taking from long-term holders and some institutional investors.
• Consistent outflows from U.S. spot Bitcoin ETFs have amplified negative sentiment.
• The correction was intensified by over $1 billion in leveraged long position liquidations.
• Broader macroeconomic uncertainty and a risk-off sentiment have also contributed to the downturn.
Technical Analysis
• Key support is at the psychological $100,000 mark, with further support near $94,400 and $85,700 if it breaks.
• For a bullish reversal, Bitcoin must reclaim resistance around $111,000 and target the $115,000-$122,000 range.
• Technical indicators confirm a bearish trend. The 12-hour RSI at 42.45 suggests weak momentum with more potential downside.
• For long-term investors, the dip could be a Dollar-Cost Averaging (DCA) opportunity, as some institutions are reportedly accumulating.
Risk and Sentiment
• The market is driven by fear, which can lead to irrational selling but may also precede market bottoms.
• High ATR and wide Bollinger Bands suggest continued volatility and significant price swings are likely.
• A sustained break below $100,000 could trigger further selling, with analysts pointing to potential targets as low as $95,000.
• The market remains highly sensitive to spot Bitcoin ETF flows, with continued outflows posing a significant risk to recovery.
#BTCDown100k #MarketPullback
$BTC

ZK surged approximately 77.37% in 24 hours, reaching around $0.051.
• 24-hour trading volume hit $374.98 million, showing strong market activity.
• The market cap is approximately $249.73 million, with a Binance rank of 142.
• The price is still around 84% below its all-time high of $0.328 from June 17, 2024.
Core Driving Factors
• An endorsement from Ethereum co-founder Vitalik Buterin, who praised ZKsync's "valuable work," was a primary catalyst.
• The "Atlas" upgrade launched with a high-speed sequencer (30,000 TPS) and "Airbender" for instant settlements, boosting scalability.
• Institutional interest is growing, with firms like Deutsche Bank, Citi, and Visa implementing or testing ZKsync's technology.
• Ecosystem growth includes a 2.4 million ZK airdrop on PancakeSwap and a new staking proposal (TPP-12).
Technical Analysis
• Bullish indicators include a positive MACD histogram (0.00020245) and a 7-day EMA ($0.0467) crossing above the 25-day EMA ($0.0410).
• The 24-hour RSI is at 65.6, indicating strong buying pressure but nearing overbought levels (70).
• The previous resistance at $0.0365 is now a key support level to watch.
Risk Factors
• Ongoing token unlocks, like the 173 million ZK released in October, create persistent selling pressure.
• High volatility is expected, with wide Bollinger Bands (upper band at $0.0541). Risk management is crucial.
$ZK
#ZK #MarketPullback

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Market Performance
• ZEN is trading around $19.51, surging over 61% in 24 hours amid strong privacy sector momentum.
• The 24-hour trading volume surpassed $58.2 million, with a market cap of about $204.7 million, ranking it 165th.
• Technicals show high volatility, with Bollinger Bands widening between $10.67 and $22.33.
Core Driving Factors
• Strategic Migration to Base: Horizen migrated its ZEN token to the Base network as a privacy-optimized ERC-20 token, enhancing DeFi capabilities and scalability.
• Focus on "Compliant Privacy": The project is gaining attention for its use of zero-knowledge (ZK) proofs to offer "compliant privacy" solutions.
• Ecosystem Development: The ZEN 5.0.7 mandatory node software update signals ongoing development and network stability.
• Major Exchange Support: Binance supported the Horizen (ZEN) network upgrade and contract swap, ensuring a smooth transition for users.
Technical Analysis
• Strong Bullish Trend: A "golden cross" confirms a strong bullish trend, with the 7-period EMA ($19.35) above the 25-period ($16.60) and 99-period ($13.81) EMAs.
• Key Levels: Immediate resistance is at the upper Bollinger Band of $22.33, with key support now at the $17.50-$18.00 zone.
• Indicator Analysis: While the MACD shows strong positive momentum, the 12-period RSI at 70.96 is in overbought territory, signaling a potential short-term correction.
Risk Warning
$ZEN
#zen
#MarketPullback

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