Bitcoin is currently in a 4-hour volatility range, with strong support around $82,000 below, and short sellers have triggered a rebound after closing their positions.In the current position where it is neither up nor down, it is recommended to reduce the frequency of operation and avoid frequent transactions.
If you want to go long, you can wait for the price to pull back to around $80,300; if you want to go short, you can pay attention to the resistance level of $86,400.I personally tend to increase the price to $86,400 first and then fall after the daily line encounters resistance.
In addition, it is recommended that Baozi pay attention to market hotspots. Whether it is long or short, it is painful.
In the past 24 hours, BNB Chain's DEX trading volume soared to US$1.637 billion, firmly ranking first in the public chain list, and has maintained this result for two consecutive days.Among them, PancakeSwap V3 contributed about half of the transaction volume, which was mainly due to the backflow of traffic from Binance CEX to the Alpha platform.
It is worth noting that CZ recently bought CAKE through PancakeSwap, the price has soared by 40% recently, becoming the focus of the market.
Binance continues to empower BNB Chain with its scarce liquidity resources.With the strong support of liquidity, the outbreak of the BNB Chain ecosystem seems to be a foregone conclusion!
CZ tweets ignited the BSC chain Meme sector, BNB rose strongly, which dark horse projects will take over?
CZ's tweets have once again become the focus of the market, especially the Meme sector on the BSC chain soars.The Internet is extremely active and Golden Dogs are frequently seen, but this depends highly on the order-calling effects of CZ and He Yi, which is also the main reason for BNB's recent strong rise.
The market generally expects that Binance will focus on launching several BSC chain projects to further promote ecological development.BNB's continued rise has injected strong momentum into the BSC chain. What other dark horse projects are worth paying attention to next?
PALU
As the concept of BN's mysterious eighth person, Meme Coin quickly attracted market attention with its unique gimmick of "a piece of cloth above your head, you are the coolest in the world".Become a new star on the BSC chain.With the support of CZ and Binance ecosystems, PALU's popularity continues to rise, and its future performance is worth looking forward to.
CAKE
As a decentralized trading platform based on BSC chain, PancakeSwap occupies an important position in the DeFi field.With the identity of "Binance's own son", CAKE can always take advantage of hot spots as fast as possible and firmly sit in the BSC ecosystem leader.
With the vigorous development of the BSC ecosystem, CAKE's performance has become stronger and stronger.CZ's long-term support for BSC has undoubtedly injected more confidence into CAKE's future.The more prosperous the BSC ecosystem, the greater the potential of CAKE!
QMubarak
The female version of mubarak, He Yifa tweeted a picture of his Middle East photos
Binance Alpha launched $TUT, which directly increased by 70%!
In addition to spot trading, the Alpha platform has opened up another upward channel for Meme coins.
Taking Mubarak as an example, in the future, Meme coins on the BSC chain will not be available in spot stock and will only be traded through the Alpha platform.This model not only benefits BNB, BNB and CAKE, but also brings new opportunities to DEX in other chains.
It is worth mentioning that TUT's price was only US$0.028 before Alpha was launched, and the increase exceeded 200% after it was launched, which once again proved the strong influence of the Alpha platform.
Binance is fully committed to promoting the development of the BSC ecosystem and repairing the image of "new currency will fall when it goes online" by adding the new Alpha sector.The strategy of going long on dips three times in recent days has been verified to be correct. Investors need to change their thinking and seize the new opportunities brought by the Alpha sector.
The Alpha sector allows novice users to directly participate in on-chain projects, and projects in Binance DEX ecosystem such as BNB, BNB, CAKE, etc. have all ushered in an upward trend.Binance's liquidity advantages and massive users will be directly transmitted to the chain, and even DEX projects in other chains such as BAKE, BAKE, THE, UNI, UNI, RAY, $CETUS, etc. are expected to benefit.
As long as the popularity of BSC continues, related projects will perform well.Stable investors can give priority to BNB, BNB and CAKE to grasp this wave of on-chain ecological dividends!