$ESP has skyrocketed 114.08% to $0.183 in 24 hours, fueled by intense speculative momentum and a 347.76% surge in trading volume to $415M, massively outperforming a weakening broader market. If volume stays elevated and price holds $0.15 support, a push toward $0.20 is possible—but fading volume or a break below $0.15 could trigger a sharp pullback toward $0.10.
Tests Key Support as $Fogo Faces Short-Term Bearish Pressure
Based on the 24h chart shown, @fogo is currently trading around $0.02549 after a noticeable intraday decline of roughly 5%. Price action shows an early consolidation phase near the $0.0267–$0.0269 zone, which acted as short-term resistance. After failing to break and hold above $0.0270, $fogo experienced a sharp sell-off around the 21:00 mark, leading to a breakdown toward the $0.0253 region.
The area around $0.0253–$0.0254 appears to be acting as short-term support, as price has started to stabilize and move sideways after the drop. However, momentum remains weak, and the overall structure on the 24h timeframe shows lower highs and lower lows, indicating short-term bearish pressure on #fogo.
Key levels to watch:
* Resistance: $0.0267–$0.0270 (previous intraday highs) * Immediate support: $0.0253 * If support breaks: next psychological level likely near $0.0250 or slightly below
Possible entry strategy: A conservative entry could be considered near $0.0252–$0.0254 if bullish confirmation appears (such as higher lows or a bounce with increasing volume). A safer alternative would be waiting for a reclaim of $0.0260 with strength, signaling momentum shift. Risk management is essential; a stop-loss slightly below $0.0250 could help manage downside exposure.
Overall, @fogo is in short-term correction mode, and traders should watch for either a confirmed bounce from support or a trend reversal before increasing exposure. This is not financial advice, just technical interpretation of the chart provided.
@Fogo Official fell 5.37% to $0.0254, underperforming a flat broader market as capital rotated out of altcoins, reflected in the sharp drop in the CMC Altcoin Season Index to 32. The decline appears driven more by weak buyer conviction than panic selling, with 24h volume down 52%, suggesting thin liquidity amplified the move. Near term, holding $0.025 support could lead to consolidation, while a break below risks a slide toward $0.023 unless broader altcoin momentum recovers.#fogo $FOGO
$ESP is gaining momentum as Espresso Systems transitions to a decentralized Proof-of-Stake network, launches the ESP token at a $275M valuation, and deepens integrations with Polygon and Arbitrum. Simultaneous listings on Binance and Coinbase further boost liquidity and credibility, positioning ESP as a rising player in Ethereum’s scaling ecosystem.
@Fogo Official Fogo is showing early signs of stabilization around $0.024 after a sharp post-launch drawdown from its $0.063 all-time high, with price holding above the recent $0.023 support despite a notable 24h volume decline. Market cap strength near $92M suggests underlying interest remains, but weakening trading activity signals cautious sentiment and the risk of further consolidation before any sustained recovery. For bulls, reclaiming momentum will likely require renewed volume expansion and a push toward the $0.03 zone, while failure to defend the $0.023–$0.024 range could expose the token to another leg lower as post-launch volatility continues to define price action. #fogo
$FOGO ’s mainnet debut delivered instant liquidity through major exchange listings and showcased an ultra-fast SVM-based architecture built for on-chain trading. While the launch signals strong early momentum, analysts warn that heavy token unlocks and fierce Layer 1 competition could drive significant volatility in the years ahead.#FogoChain #fogo
$WLFI is gaining bullish momentum, climbing 14% in 24 hours as speculative capital rotates into high-beta altcoins despite a flat broader market. Sustained volume above $200M and support at $0.11 could open a move toward $0.13, while a break below $0.105 may signal fading momentum.
$ORCA is surging with strong bullish momentum, jumping 65% in 24 hours on an explosive spike in trading volume that signals intense speculative buying despite a weak broader market. Sustained volume above $100M could push price toward $1.50, while a drop below $1.15 risks a quick pullback toward $1.00. #MarketRebound
This really help me with some idea, if you are looking for more idea to restrategize your trading journey emphasis should be made more on Liquidity .
Fhiyyerh
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Why I Treat “Clean Breakouts” in BTC, ETH, and SOL as a Warning
Most traders look for the cleanest breakout. I disagree with that instinct. Clean levels attract crowded orders, and crowded orders create easy liquidity. That tension often defines breakout outcomes in popular tokens. The clearer the level, the heavier the positioning around it.
This dynamic explains why popular tokens often stall at obvious highs.That is why popular coins trap traders. They trap them during the “perfect” moment. To ground this discussion, I will reference three widely traded coins: #bitcoin , #Ethereum , and #solana Each has shown similar liquidity behavior across different cycles. When we look at breakout traps at range highs in $BTC the pattern becomes easier to see. BTC has ranged for weeks across 2021–2024 cycles, making the range high obvious to everyone. Breakout buys stack above it, while short stops sit there as well. The uncomfortable truth is simple That zone becomes a liquidity magnet, and price can push through it and still fail. Not from weakness, but from absorption. In my experience, acceptance matters more than the first impulse. A pullback that holds above the former high shows buyers defending structure. It also reduces exposure to first-candle traps.
This concept of waiting for structural defense also appears at swing highs in ETH. Liquidity sweeps above prior highs in $ETH have been common during volatile periods. We saw this repeatedly in 2021–2022 and again during 2024 continuation attempts. A wick breaks the high, triggers stops, and price closes back inside structure. Most traders treat the wick as strength. I disagree with that interpretation. If we look closer, many of those wicks represent liquidity collection. The practical adjustment is restraint. Wait for a close above the level and observe follow-through. A later reclaim often provides cleaner structure than the first push. below highlights that distinction.
Meanwhile, traps also develop inside strong trends, particularly in SOL. Fake range expansion in $SOL during 2023–2024 encouraged chasing near highs. Expansion candles attracted late entries, and pullbacks quickly reset positioning.
The uncomfortable truth is about the entry location. Late entries compress stop placement and weaken reward-to-risk. Direction can be correct while timing still fails. I prefer structure-based entries. Look for higher lows and pullbacks near prior consolidation. This ties risk to structure rather than emotion. The chart logic below outlines that approach
At the same time, beyond price structure, volume can also create misleading signals in BTC and ETH. Breakout volume spikes in BTC and ETH often appear convincing. -I agree volume matters. -I disagree that spike volume automatically confirms continuation. Historically, expansion into resistance with extreme volume has stalled. Late buyers provide liquidity for distribution. Price can pause even after strong closes. What this suggests is simple. Compare breakout volume to prior impulse legs. Watch whether continuation volume sustains before adding exposure. Slide below frames volume within structural context.
But on the other hand, liquidity traps are not limited to resistance. Stop hunts under support in BTC have repeated during consolidation phases. Throughout 2022–2023 ranges, price dipped below support, triggered stops, then reclaimed. The breakdown appeared convincing until structure recovered. Most traders cluster stops at the same level. That predictability concentrates liquidity. Sweeps become more likely as a result. I prefer reclaim confirmation. Allow price to close back above support and define risk beneath the sweep low. This aligns the trade with recovered structure. The diagram below illustrates the reclaim logic.
The pattern that follows across all these setups is consistent. Popular tokens trap traders at obvious levels because liquidity gathers there. That is often structure-driven rather than manipulation. I focus on acceptance, reclaim, and structure-based risk. This approach reduces breakout frustration over time. KEY TAKEAWAYS Obvious levels attract concentrated liquidity.Wait for acceptance after breakout attempts.Treat wick breaks as possible liquidity sweeps.Favor pullback entries over expansion chasing.Compare breakout volume to prior impulses.Use reclaim confirmation under support breaks.
Now back to you👇
If you had to self-check, when you look at your failed breakouts, was the idea wrong, OR did you simply enter at the worst possible liquidity zone? #MarketRebound
$BITCOIN is hovering in a clear capitulation phase, with on-chain data and holder behavior pointing to sustained selling pressure rather than strong accumulation, according to reporting from Cointelegraph. While some traders see this as a potential setup for a cycle bottom near current levels, others warn that deeper downside could still unfold before a definitive recovery begins.
#TrumpCanadaTariffsOverturned The U.S. House of Representatives took a dramatic stand this week, voting 219–211 to overturn President Trump’s tariffs on Canadian imports a rare bipartisan rebuke of his trade agenda. Six Republicans joined nearly all Democrats in backing a resolution to end the national emergency Trump declared as the basis for those tariffs, signaling growing unease on Capitol Hill with a policy critics say has driven up prices and strained relations with one of America’s closest allies. The measure now heads to the Senate, but Trump is widely expected to veto it, making its immediate legal impact unlikely even if the vote itself marks a symbolic defeat for the administration.
Supporters of the overturn argue that rolling back the tariffs could help ease economic tensions and lower living costs for U.S. consumers, while opponents maintain that tariffs are essential tools for addressing trade imbalances and national security concerns. The debate comes amid broader discussions over U.S.Canada trade dynamics, including past legal challenges and economic backlash from both sides of the border.
Crypto bears are taking a well-earned victory lap after this week’s sharp market drop, with longtime skeptics pointing to the sell-off as proof their warnings were justified. Voices from Financial Times to outspoken critic Peter Schiff framed the downturn as confirmation that the crypto rally had stretched far beyond fundamentals.
Yet even as pessimism dominates the headlines, some market watchers see familiar bottoming signals beginning to form. Debate has intensified around whether the latest correction truly marks the end of the cycle or simply another reset before recovery especially as commentary from figures like Jemima Kelly and scrutiny of Michael Saylor’s long-running bitcoin accumulation continue to shape sentiment across the broader crypto landscape. #BitcoinGoogleSearchesSurge
Crypto’s Short-Heavy Setup Raises the Risk of a Sudden Squeeze
Crypto derivatives data suggest the market is currently leaning bearish, with many traders positioned for prices to fall. Funding rates are slightly negative meaning short sellers are paying to keep their bets open and most leveraged activity is concentrated in perpetual futures rather than longer-term contracts. There’s a lot of money betting on downside, especially in altcoins.
This kind of setup can push prices lower if pessimism continues, but it also creates the conditions for sudden rallies. When too many traders are short, even a small positive surprise can force them to quickly buy back their positions, triggering a rapid “short squeeze” that sends prices sharply higher. For now, liquidation levels remain relatively modest, suggesting heavy positioning rather than an active squeeze.
The key signals to watch are changes in funding rates, shifts in open interest compared with price moves, and spikes in liquidations on major coins. Together, these clues help reveal whether the market is calmly bearish or quietly building pressure for a sudden reversal. #RiskAssetsMarketShock
#ShareYourThoughtOnBTC $BTC is currently trading around $70K, following a period of intense volatility and heavy selling pressure across the broader crypto market.
Market sentiment remains fragile Recent headlines highlight a sharp correction from the late-2025 highs, with trillions wiped from the total crypto market and analysts describing the move as a potential capitulation phase. Institutional exposure has also taken a hit, reinforcing the current risk-off mood.
Technical picture
* Momentum indicators sit near neutral-bearish territory, showing weak buying strength. * Price remains far below the major **trend-reversal resistance near $93K–$95K. * Immediate support sits around the $70K zone, with deeper downside risk toward the $60K area if selling continues.
What this means Right now, Bitcoin appears to be in a corrective phase rather than a confirmed new bull trend. For sentiment to shift bullish again, BTC would likely need a strong reclaim of key resistance levels and sustained buying volume.
Big picture Short term: Cautious / bearish pressure Long term: Structure still intact if support holds and confidence returns
As always in crypto, volatility is part of the game so risk management matters more than predictions.
on 4th February that Wednesday , tune in to gain more insight about on chain tradifi🤞
Binance Square Official
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Join us for a live panel discussion on TradFi On-Chain, exploring how traditional assets are being integrated into crypto market infrastructure.
🗓 Feb 4 ⏰ 12:00 UTC
🎙 Speakers: - Chao Lu, Head of Derivatives at Binance - Alice Liu, Head of Research at @CoinMarketCap - Sebastian, Head of Data Partnerships at @Token Terminal - @roschamomile
Everyone is looking at the dump, am looking at how the US will be able to pay 38T dollars debts, or keep servicing it for 1T dollars, if they try auction, who is participating in buying those bonds, when majority of them are already fleeing for Gold.
I see one solution, weakening of dollar to industrialize US, parr of what requires weakening dollar is QE and rate cut. We dont have weakening of the dollar, US faces even worst on its economy, which is losing the dollar as a reserve currency for the world and also losing industrialization that is suppose to hold the dollar like any nation.
There is something also in the making, the US can use stablecoins to maintain its debt, we are still early in the bullish side of the market
Those are some of the bullish part many are not looking at. #USGovShutdown
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