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Aroojtariq

Binance is the world’s largest cryptocurrency exchange by trading volume, founded in 2017 to provide a comprehensive ecosystem for digital assets.
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$XAU Entry Zone: If you want to enter now, it would be wise to accumulate between the current price (5,035) and 4,950. ​Stop Loss (SL): Keep it below 4,800. If this level breaks, bullish momentum may end. ​Take Profit (TP): ​TP 1: 5,150 (Immediate resistance) ​TP 2: 5,400 (Major resistance zone) ​TP 3: 5,600 (Previous high) ​Long Term Future Trading Details ​In future trading, gold (XAU) is quite volatile, so keep the following in mind: ​Use Low Leverage: In future trading, people take 20x or 50x leverage which is very risky. For gold, 3x to 5x leverage is sufficient for long-term holding to prevent your account from being liquidated if the market dips slightly. ​Margin Management: Always use only 5-10% of your wallet in a single trade. Keep the rest of the funds as backup to avoid margin calls. ​Fundamental Factors: The price of gold depends on the US Dollar index (DXY) and inflation data. If the Dollar weakens, gold will go up.#TrumpCanadaTariffsOverturned #XAUUSD❤️ #BTCVSGOLD #WhaleDeRiskETH
$XAU Entry Zone: If you want to enter now, it would be wise to accumulate between the current price (5,035) and 4,950.
​Stop Loss (SL): Keep it below 4,800. If this level breaks, bullish momentum may end.
​Take Profit (TP):
​TP 1: 5,150 (Immediate resistance)
​TP 2: 5,400 (Major resistance zone)
​TP 3: 5,600 (Previous high)
​Long Term Future Trading Details
​In future trading, gold (XAU) is quite volatile, so keep the following in mind:
​Use Low Leverage: In future trading, people take 20x or 50x leverage which is very risky. For gold, 3x to 5x leverage is sufficient for long-term holding to prevent your account from being liquidated if the market dips slightly.
​Margin Management: Always use only 5-10% of your wallet in a single trade. Keep the rest of the funds as backup to avoid margin calls.
​Fundamental Factors: The price of gold depends on the US Dollar index (DXY) and inflation data. If the Dollar weakens, gold will go up.#TrumpCanadaTariffsOverturned #XAUUSD❤️ #BTCVSGOLD #WhaleDeRiskETH
$BTC Can we still play in the cryptocurrency circle in the country...? $ETH Withdrawals at three o'clock, the phone call came at five. Such speed! If you encounter a scam 💰 and your card gets frozen, you basically won't be able to get it back. My friend had 200,000 frozen two years ago, and now that it's the thawing date, when asking the bank, they told him to go find anti-fraud to get proof, and anti-fraud asked for proof of the source of those income transactions! How can someone involved in cryptocurrency provide that?!
$BTC Can we still play in the cryptocurrency circle in the country...? $ETH
Withdrawals at three o'clock, the phone call came at five. Such speed!
If you encounter a scam 💰 and your card gets frozen, you basically won't be able to get it back. My friend had 200,000 frozen two years ago, and now that it's the thawing date, when asking the bank, they told him to go find anti-fraud to get proof, and anti-fraud asked for proof of the source of those income transactions! How can someone involved in cryptocurrency provide that?!
$BTC has always been a cyclical beast 👀 2013: -87.06% 2017: -83.46% 2021: -78.57% 2025: people see one tiny bounce and immediately scream “TO THE MOON!” — then call me stupid for staying cautious. $ETH Every cycle, I used to respond: “Sure, maybe I’m dumb.” But here’s the truth: When the market pumps, nobody sends me their profits. When it crashes, nobody apologizes. So in 2025, my answer is simple: Trade your conviction. If you win — you keep it. If you lose — you own it. DYOR. Stay sharp. 🧠🚀 #downtrend #ETHBreaksATH #CFTCCryptoSprint {spot}(BTCUSDT)
$BTC has always been a cyclical beast 👀
2013: -87.06%
2017: -83.46%
2021: -78.57%
2025: people see one tiny bounce and immediately scream “TO THE MOON!” — then call me stupid for staying cautious. $ETH
Every cycle, I used to respond:
“Sure, maybe I’m dumb.”
But here’s the truth:
When the market pumps, nobody sends me their profits.
When it crashes, nobody apologizes.
So in 2025, my answer is simple:
Trade your conviction.
If you win — you keep it.
If you lose — you own it.
DYOR. Stay sharp. 🧠🚀
#downtrend #ETHBreaksATH #CFTCCryptoSprint
{spot}(BTCUSDT)
$ZEN LONG Entry Entry Zone: 👉 6.50 – 6.55 (FVG + OB confluence) SL: 👉 6.39 TP Targets: 6.70 6.85 7.00 Near 6.66 rejection than Bullish Step-by-Step Reasoning Strong bullish trend confirmed by BOS. Volume spike confirms real breakout. RSI shows extreme momentum but exhaustion risk. Price at liquidity zone = possible stop hunt. FVG below acts as retracement magnet. Order block supports continuation after pullback. Bollinger expansion = trend continuation phase. $ZEN ZENUSDT Perp 6.606 +11.89%
$ZEN LONG Entry
Entry Zone: 👉 6.50 – 6.55 (FVG + OB confluence)
SL: 👉 6.39
TP Targets:
6.70
6.85
7.00
Near 6.66 rejection than Bullish
Step-by-Step Reasoning
Strong bullish trend confirmed by BOS.
Volume spike confirms real breakout.
RSI shows extreme momentum but exhaustion risk.
Price at liquidity zone = possible stop hunt.
FVG below acts as retracement magnet.
Order block supports continuation after pullback.
Bollinger expansion = trend continuation phase.
$ZEN
ZENUSDT
Perp
6.606
+11.89%
$PENDLE DeFi Momentum Reversal Play 🔥 Entry Zone: 1.20 – 1.30 Bullish Above: 1.35 TP1: 1.55 TP2: 1.85 TP3: 2.20 SL: 1.08 #MarketRebound #CPIWatch #USNFPBlowout PENDLE 1.295 +15%
$PENDLE DeFi Momentum Reversal Play 🔥
Entry Zone: 1.20 – 1.30
Bullish Above: 1.35
TP1: 1.55
TP2: 1.85
TP3: 2.20
SL: 1.08
#MarketRebound #CPIWatch #USNFPBlowout
PENDLE
1.295
+15%
$BANK gearing up for a breakout! After a sharp rebound from 0.0330 (+14.5%), price is coiling inside a bull flag momentum loading. RSI stays bullish-neutral, giving room to run. 📊 Setup: • Entry: 0.0370–0.0380 or breakout above 0.0396 • Stop: 0.0344 • Targets: 0.0405 / 0.0414 Now holding above MA60 with strong buyer flow the RWA narrative could send it flying next. 💥 #BANK $BANK BANK 0.0414 +27.77%
$BANK gearing up for a breakout!
After a sharp rebound from 0.0330 (+14.5%), price is coiling inside a bull flag momentum loading. RSI stays bullish-neutral, giving room to run.
📊 Setup:
• Entry: 0.0370–0.0380 or breakout above 0.0396
• Stop: 0.0344
• Targets: 0.0405 / 0.0414
Now holding above MA60 with strong buyer flow the RWA narrative could send it flying next. 💥
#BANK $BANK
BANK
0.0414
+27.77%
$BLESS The price is showing signs of a rebound, a trend is forming, and there is strong buying pressure. Long Bless Entry : 0.0061 - 0.0062 SL : 0.0057 TP : 0.0065 - 0.007 - 0.0075 BLESSUSDT Perp 0.006151 +6.73% $SPACE SPACEUSDT Perp 0.00666 +35.06%
$BLESS The price is showing signs of a rebound, a trend is forming, and there is strong buying pressure.
Long Bless
Entry : 0.0061 - 0.0062
SL : 0.0057
TP : 0.0065 - 0.007 - 0.0075
BLESSUSDT
Perp
0.006151
+6.73%
$SPACE
SPACEUSDT
Perp
0.00666
+35.06%
$TOSHI Price stabilizing above accumulation band with clean reaction. Breakout potential active. EP: 0.0002400 – 0.0002450 TP: 0.0002680 / 0.0002840 / 0.0003000 SL: 0.0002280 $TOSHI # TOSHIUSDT Perp 0.0002442 +27.18% #USNFPBlowout #TrumpCanadaTariffsOverturned #USRetailSalesMissForecast #USTechFundFlows #WhaleDeRiskETH
$TOSHI
Price stabilizing above accumulation band with clean reaction. Breakout potential active.
EP: 0.0002400 – 0.0002450
TP: 0.0002680 / 0.0002840 / 0.0003000
SL: 0.0002280
$TOSHI #
TOSHIUSDT
Perp
0.0002442
+27.18%
#USNFPBlowout #TrumpCanadaTariffsOverturned #USRetailSalesMissForecast #USTechFundFlows #WhaleDeRiskETH
$PUFFER at 0.032921 (Rs9.21) up +5.99% and nearing $600K cap feels like a meme with muscle. Small caps move like speedboats—fast, agile, unpredictable. In tight markets, agility beats size.#WhaleDeRiskETH #USNFPBlowout
$PUFFER at 0.032921 (Rs9.21) up +5.99% and nearing $600K cap feels like a meme with muscle. Small caps move like speedboats—fast, agile, unpredictable. In tight markets, agility beats size.#WhaleDeRiskETH #USNFPBlowout
Early reversal structure forming after strong 4H demand reaction with momentum shift building Trade Plan Entry $0.01580 to $0.01620 Stop Loss $0.01440 TP1 $0.01780 TP2 $0.01950 TP3 $0.02200 Why this setup Clear rejection from the $0.01400 demand zone after extended downtrend Break above minor 4H structure high signals early trend shift Strong bullish candle with volume expansion confirms buyer interest Holding above $0.01550 keeps higher low structure intact Debate question Will TRIA build a higher low above $0.01600 for continuation or retest $0.01500 liquidity first Buy and Trade $TRIA TRIAUSDT Perp 0.01647 +
Early reversal structure forming after strong 4H demand reaction with momentum shift building
Trade Plan
Entry $0.01580 to $0.01620
Stop Loss $0.01440
TP1 $0.01780
TP2 $0.01950
TP3 $0.02200
Why this setup
Clear rejection from the $0.01400 demand zone after extended downtrend
Break above minor 4H structure high signals early trend shift
Strong bullish candle with volume expansion confirms buyer interest
Holding above $0.01550 keeps higher low structure intact
Debate question
Will TRIA build a higher low above $0.01600 for continuation or retest $0.01500 liquidity first
Buy and Trade $TRIA
TRIAUSDT
Perp
0.01647
+
$ASR /USDT is showing a strong bullish breakout after a clean accumulation phase. Buyers stepped in aggressively and price pushed straight through the key resistance, confirming momentum continuation. This move reflects renewed demand and strength, making ASR one of the strongest performers right now. As long as price holds above the breakout zone, upside pressure remains intact. Trade Setup (ASR/USDT): Entry Zone: 1.45 – 1.50 Targets: 1.58 1.68 1.80 Stop Loss: 1.37 Trend remains bullish — wait for a healthy pullback or continuation confirmation before chasing. Manage risk properly.
$ASR /USDT is showing a strong bullish breakout after a clean accumulation phase. Buyers stepped in aggressively and price pushed straight through the key resistance, confirming momentum continuation. This move reflects renewed demand and strength, making ASR one of the strongest performers right now. As long as price holds above the breakout zone, upside pressure remains intact.
Trade Setup (ASR/USDT):
Entry Zone: 1.45 – 1.50
Targets:
1.58
1.68
1.80
Stop Loss: 1.37
Trend remains bullish — wait for a healthy pullback or continuation confirmation before chasing. Manage risk properly.
$POWER – buyers stepped in after the selloff and didn’t let it slip Long $POWER Entry: 0.255–0.270 SL: 0.230 TP1: 0.300 TP2: 0.340 TP3: 0.380 The dip didn’t get continuation and bids showed up fast, pointing to absorption rather than distribution. Structure is holding and downside momentum failed to expand. As long as this zone holds, continuation higher is the cleaner path. Trade $POWER here 👇 POWERUSDT Perp 0.26677 +21.66%
$POWER – buyers stepped in after the selloff and didn’t let it slip
Long $POWER
Entry: 0.255–0.270
SL: 0.230
TP1: 0.300
TP2: 0.340
TP3: 0.380
The dip didn’t get continuation and bids showed up fast, pointing to absorption rather than distribution. Structure is holding and downside momentum failed to expand. As long as this zone holds, continuation higher is the cleaner path.
Trade $POWER here 👇
POWERUSDT
Perp
0.26677
+21.66%
$H Reversal Break Impulse Entry Zone: 0.1470–0.1505 TP1: 0.1545 TP2: 0.1605 TP3: 0.1680 SL: 0.1415 #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund H Alpha 0.15304 +8.97%
$H Reversal Break Impulse
Entry Zone: 0.1470–0.1505
TP1: 0.1545
TP2: 0.1605
TP3: 0.1680
SL: 0.1415
#WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund
H
Alpha
0.15304
+8.97%
🟢 $ZIL – BUY (quick view) 🧠 Setup • 💥 Liquidity sweep done • 🟡 EMA7 > EMA25 → short-term bullish • 📊 Volume spike = smart money in 🎯 Plan • 🟢 Buy: 0.0046 – 0.00475 • 🎯 TP1: 0.0052 • 🎯 TP2: 0.0058 • 🎯 TP3: 0.0065 • 🛑 SL: 0.0043 ⚠️ Notes • 🚫 Don’t chase above 0.0052 • 🔥 Best if BTC stable / green ZIL 0.00472 +14.84%
🟢 $ZIL – BUY (quick view)
🧠 Setup
• 💥 Liquidity sweep done
• 🟡 EMA7 > EMA25 → short-term bullish
• 📊 Volume spike = smart money in
🎯 Plan
• 🟢 Buy: 0.0046 – 0.00475
• 🎯 TP1: 0.0052
• 🎯 TP2: 0.0058
• 🎯 TP3: 0.0065
• 🛑 SL: 0.0043
⚠️ Notes
• 🚫 Don’t chase above 0.0052
• 🔥 Best if BTC stable / green
ZIL
0.00472
+14.84%
$BTC 🚨 TRADE SIGNAL – BTC/USDT 🚨 Coin: $BTC Current Price: $71,000 Market Outlook: Bullish Bias Bitcoin is holding a strong psychological and technical level around $70k. The price structure suggests buyers are defending this zone and momentum is slowly shifting upward. Trading Plan Entry Zone: $70,500 – $71,200 Targets: 🎯 Target 1: $72,800 🎯 Target 2: $74,500 🎯 Target 3: $76,000 Stop Loss: $69,300 $BTC BTCUSDT Perp 71,155.2 +2.56% Why This Setup Looks Good $70k acting as solid support Higher lows forming on lower timeframes Buying volume increasing near this level Market structure favoring a bounce As long as BTC stays above $70,000, the probability is higher for an upside move. Final View This is a short-term bullish setup with controlled risk. A clean break above $72k can accelerate momentum quickly. Trade with proper risk management and don’t over-leverage $BTC #BitcoinGoogleSearchesSurge
$BTC 🚨 TRADE SIGNAL – BTC/USDT 🚨
Coin: $BTC
Current Price: $71,000
Market Outlook: Bullish Bias
Bitcoin is holding a strong psychological and technical level around $70k. The price structure suggests buyers are defending this zone and momentum is slowly shifting upward.
Trading Plan
Entry Zone: $70,500 – $71,200
Targets:
🎯 Target 1: $72,800
🎯 Target 2: $74,500
🎯 Target 3: $76,000
Stop Loss: $69,300
$BTC
BTCUSDT
Perp
71,155.2
+2.56%
Why This Setup Looks Good
$70k acting as solid support
Higher lows forming on lower timeframes
Buying volume increasing near this level
Market structure favoring a bounce
As long as BTC stays above $70,000, the probability is higher for an upside move.
Final View
This is a short-term bullish setup with controlled risk. A clean break above $72k can accelerate momentum quickly.
Trade with proper risk management and don’t over-leverage $BTC #BitcoinGoogleSearchesSurge
$FOLKS $FOLKS SUSDT Perp trades at 1.458, up 5.42% after a steady grind higher. Price pushed into 1.483 before profit-taking cooled momentum. The 24h range sits between 1.366 and 1.483, showing controlled volatility. Volume remains moderate at 2.78M USDT, suggesting selective participation rather than hype. Structure stays constructive above 1.44, with buyers defending pullbacks. A clean reclaim of 1.48 opens upside continuation, while failure keeps price rotating inside the range. FOLKS Alpha 1.44619 +5.52% #JPMorganSaysBTCOverGold #ADPDataDisappoints #WhenWillBTCRebound #RiskAssetsMarketShock #RiskAssetsMarketShock
$FOLKS $FOLKS SUSDT Perp trades at 1.458, up 5.42% after a steady grind higher. Price pushed into 1.483 before profit-taking cooled momentum. The 24h range sits between 1.366 and 1.483, showing controlled volatility. Volume remains moderate at 2.78M USDT, suggesting selective participation rather than hype. Structure stays constructive above 1.44, with buyers defending pullbacks. A clean reclaim of 1.48 opens upside continuation, while failure keeps price rotating inside the range.
FOLKS
Alpha
1.44619
+5.52%
#JPMorganSaysBTCOverGold #ADPDataDisappoints #WhenWillBTCRebound #RiskAssetsMarketShock #RiskAssetsMarketShock
$BANANAS31 is currently trading into a heavy resistance zone after a sharp rebound. While the bounce looks strong on lower timeframes, structure still suggests this move is corrective rather than a trend reversal. Price is reacting right below a well-defined supply area, where sellers have previously stepped in aggressively. As long as price remains capped below this resistance and fails to reclaim it with acceptance, downside risk stays active. The EMA is acting as a magnet rather than support, and rejection from this zone opens the door for a move back toward the lower demand area. Any upside here should be treated cautiously until structure clearly shifts. At this stage, patience matters more than participation. The chart favors a pullback before any sustainable continuation.
$BANANAS31 is currently trading into a heavy resistance zone after a sharp rebound. While the bounce looks strong on lower timeframes, structure still suggests this move is corrective rather than a trend reversal. Price is reacting right below a well-defined supply area, where sellers have previously stepped in aggressively.
As long as price remains capped below this resistance and fails to reclaim it with acceptance, downside risk stays active. The EMA is acting as a magnet rather than support, and rejection from this zone opens the door for a move back toward the lower demand area. Any upside here should be treated cautiously until structure clearly shifts.
At this stage, patience matters more than participation. The chart favors a pullback before any sustainable continuation.
Will Binance Coin (BNB) reach $1500? End of this month 🚀solid Reason 💯Will Binance Coin (BNB) reach $1500? End of this month 🚀solid Reason 💯 $BNB BNB has already shown it can push high. It hit fresh all-time highs above $1,200, and that reflects solid interest from both traders and the broader market. Arguments for BNB hitting $1500 Some analysts and technical patterns suggest that BNB can continue its uptrend and push toward $1,500. Breakouts above key resistance levels and strong momentum have been pointed to as drivers that could extend the rally. There’s also talk that listings on bigger exchanges and broader exposure might bring in more demand. Longer-term models, looking at multi-year cycles and growth in utility, even show scenarios where BNB reaches $1500 or higher by 2027–2030 if the broader crypto market stays bullish and BNB’s ecosystem keeps expanding. Arguments against a near-term move to $1500 At the same time, not all forecasts agree it’s likely in the short term. Some analysts say that while $BNB BNB could push higher, sustaining above $1500 this year would require strong momentum and new catalysts. They point to overbought technical indicators and the possibility of corrections before a major breakout. Fundamental forecasts from other sources suggest more modest targets for the next year, with a broad range of possible outcomes depending on market conditions and regulatory developments. Key factors that will matter If BNB is going to test $1500, several big picture elements will influence it: Broader crypto market trend. BNB tends to follow Bitcoin and Ethereum. A strong bull market across the board helps altcoins like BNB. Utility and demand. More usage of the BNB Smart Chain, real growth in DeFi and dApps, and effective token burns reduce supply and support price. Regulation and sentiment. Clearer rules globally and positive sentiment help reduce risk premiums. Resistance levels. The price will have to break sustained resistance around the $1,350–$1,400 range to make the $1,500 zone more likely. Bottom line Yes, BNB can reach $1500 at some point, especially if the broader crypto market stays strong and BNB’s ecosystem continues to grow. But it’s not a guaranteed or short-term certainty. It’ll take a combination of technical strength, demand growth, and positive market conditions. Keep an eye on key support and resistance levels, overall crypto trends, and adoption data as indicators of how likely that move is.$BNB BNBUSDT Perp 642.19 +0.38% $XRP XRPUSDT Perp 1.4159 -0.05% $ETH ET HUSDT Perp 2,078.43 +2.42%

Will Binance Coin (BNB) reach $1500? End of this month 🚀solid Reason 💯

Will Binance Coin (BNB) reach $1500? End of this month 🚀solid Reason 💯
$BNB BNB has already shown it can push high. It hit fresh all-time highs above $1,200, and that reflects solid interest from both traders and the broader market.
Arguments for BNB hitting $1500
Some analysts and technical patterns suggest that BNB can continue its uptrend and push toward $1,500. Breakouts above key resistance levels and strong momentum have been pointed to as drivers that could extend the rally. There’s also talk that listings on bigger exchanges and broader exposure might bring in more demand.
Longer-term models, looking at multi-year cycles and growth in utility, even show scenarios where BNB reaches $1500 or higher by 2027–2030 if the broader crypto market stays bullish and BNB’s ecosystem keeps expanding.
Arguments against a near-term move to $1500
At the same time, not all forecasts agree it’s likely in the short term. Some analysts say that while $BNB BNB could push higher, sustaining above $1500 this year would require strong momentum and new catalysts. They point to overbought technical indicators and the possibility of corrections before a major breakout.
Fundamental forecasts from other sources suggest more modest targets for the next year, with a broad range of possible outcomes depending on market conditions and regulatory developments.
Key factors that will matter
If BNB is going to test $1500, several big picture elements will influence it:
Broader crypto market trend. BNB tends to follow Bitcoin and Ethereum. A strong bull market across the board helps altcoins like BNB.
Utility and demand. More usage of the BNB Smart Chain, real growth in DeFi and dApps, and effective token burns reduce supply and support price.
Regulation and sentiment. Clearer rules globally and positive sentiment help reduce risk premiums.
Resistance levels. The price will have to break sustained resistance around the $1,350–$1,400 range to make the $1,500 zone more likely.
Bottom line
Yes, BNB can reach $1500 at some point, especially if the broader crypto market stays strong and BNB’s ecosystem continues to grow. But it’s not a guaranteed or short-term certainty. It’ll take a combination of technical strength, demand growth, and positive market conditions. Keep an eye on key support and resistance levels, overall crypto trends, and adoption data as indicators of how likely that move is.$BNB
BNBUSDT
Perp
642.19
+0.38%
$XRP
XRPUSDT
Perp
1.4159
-0.05%
$ETH
ET
HUSDT
Perp
2,078.43
+2.42%
$DUSK /USDT Momentum Break Trade Bias Long Buy Zone $0.0975 – $0.1010 Targets TP1 $0.1050 TP2 $0.1100 TP3 $0.1180 Note Strong impulse move with continuation candles. Buyers are in control and dips are getting bought quickly. Buy and Trade Here🔽 $DUSK DUSKUSDT Perp 0.09839 +16.01%
$DUSK /USDT Momentum Break
Trade Bias
Long
Buy Zone
$0.0975 – $0.1010
Targets
TP1 $0.1050
TP2 $0.1100
TP3 $0.1180
Note
Strong impulse move with continuation candles. Buyers are in control and dips are getting bought quickly.
Buy and Trade Here🔽 $DUSK
DUSKUSDT
Perp
0.09839
+16.01%
10X Research: The current downturn in the cryptocurrency market is primarily driven by selling pressure from ETFs. Selling Pressure and Forced Liquidations: Bitcoin Could Fall as Low as USD $50,000 According to 10X Research, the recent downturn in the cryptocurrency market has been primarily driven by significant selling pressure from spot $BTC ETFs, alongside waves of forced liquidations triggered by sharp price declines. Spillover effects from sell-offs in software and technology equities have further amplified these dynamics, contributing to heightened overall market volatility. While some investors have stepped in to provide short-term buying support—resulting in brief price rebounds—the broader market sentiment remains cautious, with uncertainty persisting over whether a cyclical bottom has been reached. 10X Research notes that Bitcoin may experience a short-term countertrend rebound or enter a consolidation phase; however, the firm cautions that the market could still form a new low later this summer. Markus Thielen, Head of Research at 10X Research estimates that Bitcoin could ultimately decline to as low as USD 50,000, with a potential downside range between USD 40,000 and USD 50,000. (CNBC)$BTC
10X Research: The current downturn in the cryptocurrency market is primarily driven by selling pressure from ETFs. Selling Pressure and Forced Liquidations: Bitcoin Could Fall as Low as USD $50,000
According to 10X Research, the recent downturn in the cryptocurrency market has been primarily driven by significant selling pressure from spot $BTC ETFs, alongside waves of forced liquidations triggered by sharp price declines. Spillover effects from sell-offs in software and technology equities have further amplified these dynamics, contributing to heightened overall market volatility.
While some investors have stepped in to provide short-term buying support—resulting in brief price rebounds—the broader market sentiment remains cautious, with uncertainty persisting over whether a cyclical bottom has been reached.
10X Research notes that Bitcoin may experience a short-term countertrend rebound or enter a consolidation phase; however, the firm cautions that the market could still form a new low later this summer. Markus Thielen, Head of Research at 10X Research estimates that Bitcoin could ultimately decline to as low as USD 50,000, with a potential downside range between USD 40,000 and USD 50,000. (CNBC)$BTC
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