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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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#BatC/USDT#
Trend Analysis
The overall trend appears bearish as there is a strong sell-off from around $87,000 to $82,000.
Bearish Fair Value Gap (FVG) is marked, indicating potential resistance.
The price is currently consolidating near $83,153 after a downward move.
Multiple Swing Lows suggest liquidity below, meaning price could still dip before a reversal.
Entry Point (Short Trade)
Entry Zone: Around $83,500 - $84,000 (if price pulls back into resistance).
Stop-Loss (SL): Above $85,000 (above FVG to avoid stop hunts).
Take-Profit (TP):
TP1: $82,000 (Recent Swing Low)
TP2: $80,000 (Major liquidity area)
Entry Point (Long Trade)
If price breaks above $84,500, it might shift bullish.
Entry Zone: Around $82,000 - $82,500 (if price retests and holds support).
SL: Below $81,000 (previous swing low).
TP:
TP1: $84,500
TP2: $86,000 (near FVG resistance)