Fluxの‌価格FLUX

What #altcoin industry are you accumulating in the upcoming months? 🔸RWA (e.g. $ONDO, $OPN, $POLYX) 🔹DePin (e.g. $FLUX, $AKT, $RNDR, $ATH, $ANYONE, $IO) 🔸DeFi (e.g. $RSR, $RVF, $RUNE) 🔹Infra (e.g. $KAS, $ALGO, $HBAR, $AVAX, $ALPH) 🔸AI (e.g $FET) 🔹Memes (e.g. $BONK)

The $ERA /USDT spot market on Bitget has been a hotbed of activity, as evidenced by the recent 30-minute candlestick chart. After a period of relative stability, the pair has seen significant price swings, presenting both challenges and opportunities for astute traders. Looking at the chart, we can identify several key observations: 🔸 A Bullish Surge and Retracement: The ERA/USDT pair witnessed a notable upward movement, reaching highs near the $1.60 mark. This impressive rally was, however, followed by a sharp and rapid correction, bringing the price down significantly. 🔸 Increased Volatility and Trading Volume: The most striking feature of the recent price action is the surge in volatility, particularly during the price decline. Accompanying this volatility, we observe a noticeable increase in trading volume, indicating strong market participation during these periods of flux. This is a crucial sign for traders, as high volume often confirms the strength of a price move. 🔸 Finding a New Support Level: Following the steep decline, ERA/USDT appears to have found a temporary support level around the $1.20-$1.25 range. The price has since rebounded modestly, currently hovering around $1.28701. This suggests that buyers have stepped in at these lower levels, preventing further downside for now. 🔸 The Current Standstill: As of the chart's last reading, the price is consolidating, indicated by smaller candles and reduced immediate directional momentum. The "SELL" price is marked at 1.28686 and the "BUY" at 1.28784, showing a tight spread. What Does This Mean for Traders? The recent price action in ERA/USDT presents several angles for traders to consider: 🔸 For Aggressive Buyers: The bounce from the $1.20-$1.25 zone might be seen as an opportunity for those looking to "buy the dip," anticipating a further recovery. However, caution is advised as the broader market sentiment and the strength of this newfound support will be critical. 🔸 For Cautionary Observers: The sharp sell-off serves as a reminder of the inherent risks in volatile assets. Traders who missed the initial rally or prefer to avoid high-risk entries might choose to wait for clearer signs of a sustained uptrend or a retest of support levels. 🔸 For Short-Term Opportunities: The heightened volatility can be exploited by day traders employing short-term strategies, aiming to profit from intraday price swings. Close monitoring of volume and candlestick patterns will be essential for such approaches. Key Levels to Watch: 🔸 Resistance: The immediate resistance levels to watch will be around $1.35 and then the previous highs around $1.50-$1.60. A clear break above these levels with significant volume would signal renewed bullish momentum. 🔸 Support: The current support around $1.20-$1.25 is crucial. A breakdown below this level could lead to further declines, potentially testing lower price points. In conclusion, the ERA/USDT pair on Bitget is currently exhibiting the dynamic characteristics of a developing market. While the recent volatility offers considerable potential for profit, it also underscores the importance of robust risk management and thorough technical analysis. Traders should remain vigilant, adapting their strategies as new information and price action unfold.

$BTC / $USDC WEEKLY CHART UPDATE Still holding strong above key structure around $105K. No major change in trend, price consolidating at highs after breakout. A weekly close above $120K could ignite the next leg up. Structure remains bullish until broken. Eyes on volume and macro for confirmation. $PI $FLUX $FON $BIZA $SOLO $ARB

*Notable Price Movements* - $BTC *Bitcoin*: $118,241, with a 0.4% increase in the last hour and 0.6% increase in the last 30 days -$ETH *Ethereum*: $3,615.59, with a 0.4% increase in the last hour and 4.1% increase in the last 30 days -$XRP *XRP*: $3.09, with a 0.3% increase in the last hour and 3.6% increase in the last 30 days -$GALA *GALA*: $0.02, with a significant increase from its previous closing price of $0.01692 - $FLUX *Flare (FLX)*: surged 10% as the network expands XRP DeFi use cases *News and Updates* - *Block joins S&P 500*: Block, a technology company holding 8,584 Bitcoin, has joined the Standard & Poor's 500 index, increasing Bitcoin exposure to the equity index. - *Goldman Sachs and BNY Mellon*: The two financial giants plan to offer institutional access to tokenized money market funds, potentially unlocking real-time settlement and 24/7 market access. - *SEC pauses Bitwise ETF conversion*: The US Securities and Exchange Commission approved and then immediately paused the conversion of Bitwise's crypto index fund into an exchange-traded fund. - *PNC Bank and Coinbase partnership*: PNC Bank is teaming up with Coinbase to enable customers to buy and sell digital currency directly from their accounts ² ¹ ³ *Market Overview* The global cryptocurrency market cap is around $3.91 trillion, with a 5.6% change in the last 24 hours. Bitcoin dominance is at 60.1%, and Ethereum dominance is at 11.2%. The total cryptocurrency trading volume in the last day is at $264 billion ¹.

RT @HouseofChimera: Thought DePIN was buried? Nah, it's just getting started. 🔸 @runonflux ( $FLUX) 🔹 @origin_trail ( $TRAC) 🔸 @AethirClou…