WLFI/USDT ANALYSIS

WLFI is rebounding from the support trendline of the descending channel. Holding this level could lead to an upward rally.

The Ichimoku Cloud is acting as a resistance barrier below the channel’s resistance trendline, and a breakout above both the cloud and the channel would confirm bullish momentum.

BTC/USDT ANALYSIS

Bitcoin is facing rejection from the horizontal supply zone following the breakout of the descending broadening wedge pattern. The Ichimoku Cloud is acting as support.

A retest of the wedge is possible. However, a breakout above the supply zone would confirm bullish momentum. Keep an eye on further price action developments.

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🔥BINANCE'S GOLD AND SILVER DERIVATIVES EXCEED 70 BILLION USD WITHIN WEEKS

Binance recorded a trading volume of over 70 billion USD in its newly launched perpetual futures XAUUSDT and XAGUSDT. This highlights the strong demand for 24/7 on-chain coverage of gold and silver price developments.