🔍 Smart Trading Tips: Double Tops Pattern

📈 What is it?
A bearish reversal pattern with two peaks at similar levels and a support line (neckline) below.

➡️ Why It Matters?
Indicates a potential trend reversal after an uptrend.

⤵️ How to Trade with Double Tops?

1️⃣ Identify two peaks and a neckline.
2️⃣ Wait for a breakout below the neckline.
3️⃣ Enter short, set stop-loss above the second peak.
4️⃣ Target profit by projecting the height of the pattern downward.

💡 Pro Tip: Use volume and indicators like RSI to confirm the pattern.

🔽 Did you know? Bitcoin Flash Crash

• In 2021, a $500M $BTC sell-off by a whale on Binance caused BTC's price to drop over 10% within seconds.

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🇺🇸 Polit-Fi Cycle: $TRUMP & $MELANIA

$TRUMP pumped 300% on launch, hitting $75 ($8B MC), but now trades at $28 ($5.5B MC) after a 35% drop this week. Similarly, $MELANIA has fallen 70% since launch, now trading at $2.37.

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Daily Top 5 Gainers 🔥 #Prebit

$XCN 🔼 +29.09%
$DEXE 🔼 +23.01%
$RAY 🔼 +14.79%
$HYPE 🔼 +14.30%
$LTC 🔼 +13.93%

What’s your favorite ‘hold for 5 years’ crypto🪙

🖥 Crypto Market Update: $BTC Highlights 💰

➡️ SEC Approves Bitwise BTC & ETH ETF – Initial approval granted, 83% BTC / 17% ETH allocation, following Hashdex & Franklin ETF approvals.

➡️ ECB Rejects BTC as Reserve – Lagarde rules out Bitcoin in central bank reserves, while Czech National Bank explores diversification but makes no BTC commitment.

➡️ Illinois Proposes BTC Reserve – New bill suggests holding Bitcoin in state treasury with a long-term HODL strategy.

Daily Market Review - 2/2/2025 (24h)

💰 BTC Dominance: 58.5%
• BTC/ALT Index: 47 (Not Altseason yet; needs >75)

➡️ Market Sentiment: Fear & Greed Index at 47 (Neutral)
• Market Trend: 5% Bullish, 95% Bearish

👀 Watchlist for Traders

➡️ $BTC: Dipped below $100K; now supported at $96K–$99K by ETF inflows.

➡️ $LTC: Positive ETF spot news and rising sentiment hint at a pump.

➡️ $ETH: Robust on-chain inflows signal renewed upward momentum.

🔍 Smart Trading Tips: Double Bottom Pattern

📈 What is Double Bottom?
A bullish reversal pattern with two similar lows and a connecting resistance (neckline).

➡️ Why It Matters?
Signals a potential trend reversal from down to up.

⤵️ How to Trade With Double Bottom

1️⃣ Identify two similar lows and draw the neckline.
2️⃣ Wait for a breakout above the neckline.
3️⃣ Enter long with a stop-loss below the second low.
4️⃣ Project the pattern’s height upward for your target.

📣 New Update: Trading Pairs Leverage Adjustment on Prebit

The leverage options for all Perpetual markets on Prebit have been updated.

✔️ You can check the new leverage limits for each trading pair from the list above and adjust your trading strategy accordingly.

✖️ Attention to Traders: $DYDX/USDT Delisted

🔹 The $DYDX/USDT trading pair has been officially delisted from the Perpetual markets on Prebit.

⚡️ New Milestone Achieved!

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🚩 New Listing Alert

The UNISWAP (UNI/USDT) Perpetual Market is now live on Prebit!

• Pair: UNIUSDT
• Leverage: Up to 50X

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🚩 New Listing Alert

The NEAR PROTOCOL (NEAR/USDT) Perpetual Market is now live on Prebit!

• Pair: NEARUSDT
• Leverage: Up to 50X

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🚩 New Listing Alert

The ONDO (ONDO/USDT) Perpetual Market is now live on Prebit!

• Pair: ONDOUSDT
• Leverage: Up to 50X

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🚩 New Listing Alert

The AlGORAND (ALGO/USDT) Perpetual Market is now live on Prebit!

• Pair: ALGOUSDT
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🚩 New Listing Alert

The FILECOIN (FIL/USDT) Perpetual Market is now live on Prebit!

• Pair: FILUSDT
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🚩 New Listing Alert

The COSMOS (ATOM/USDT) Perpetual Market is now live on Prebit!

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• Pair: SANDUSDT
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