Evewirginia

$ZROUSDT looks bullish after that breakout. We could see a pump coming, so track it.

Bitcoin is gradually moving upward, but this movement is not trusted due to the weekend. We may experience quick ups and downs throughout the day. Let’s see how things unfold on Monday.

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$XVSUSDT is looking bearish after that breakdown. Expect a drop soon, track it.

FET analysis: The price is currently trading at a support level, which suggests that we could see a bounce from this point. You might consider opening long positions here, but make sure to set a tight stop-loss. Additionally, there is a falling wedge pattern forming; a breakout from this pattern could lead to significant upward movement in the market.

Bitcoin experienced a significant drop following news of the Binance hack. The price fell below the support level, indicating a liquidity grab. It is possible that the price may revisit the $76,000 support area to hunt for liquidity. Currently, the resistance level is around $80,000.

The market dump is being linked to the Binance security breach. Volatility could increase, and the next move remains uncertain. Stay cautious, reduce risk, and avoid excessive leverage. Consider closing high-leverage positions to protect your capital. In this market, risk management comes first.

Good morning Arena.