ByBit USDT
#QNT/USDT Take-Profit target 1 ✅
Profit: 8.6167% 📈
Period: 1 Hours 10 Minutes ⏰

$BTC

MARKET UPDATE: $BTC DOMINANCE

BTC.D is breaking down below its long-term ascending trendline and the 50-day EMA. A bearish candle close with strong volume, or a successful retest below these levels, could signal the start of a bearish trend in BTC.D.

If this bearish trend continues, it would be a bullish sign for altcoins, as BTC dominance and altcoins typically move in opposite directions.

Binance Futures, Bitget Futures, KuCoin Futures
#MOVE/USDT Take-Profit target 1 ✅
Profit: 8.4408% 📈
Period: 17 Minutes ⏰

$BTC DOMINANCE

It's crucial for it to break down the horizontal trendline with a successful retest below it, otherwise, we may see a continued upward trend in BTC.D 🧐

Weekend Market Analysis and Outlook

Market Downturn and Crypto Losses
• A weekend market update follows.
• The market experienced a predicted downturn, with alternative cryptocurrencies experiencing the most significant losses, some declining by 20-30%.
• Some attribute this to insider selling preceding a planned Truth Social token launch, a launch that ultimately did not occur.

Cryptocurrency Market Stability
• Interestingly, the cryptocurrency market demonstrates greater stability than traditional markets, a point even noted by President Trump.

Positive and Negative Economic Indicators
• Positive indicators currently include the recovery of April lows, strong corporate earnings, a robust labor market, and cooling inflation due to lower oil prices.
• However, the absence of new trade agreements could rapidly negate these positive trends.

Cautious Market Outlook
• Therefore, sustained optimism is unwarranted; vigilance, patience, and clear uptrend confirmation are advised.

Binance Futures, Bitget Futures
#MOVE/USDT Take-Profit target 2 ✅
Profit: 21.1019% 📈
Period: 1 Hours 1 Minutes ⏰

UPDATE

Strategy acquired 1,895 BTC between April 28 and May 4 at an average price of $95,167, totaling approximately $180.3 million.

🔥 Last week, STRATEGY acquired 1,895 BTC worth a total of $180.3M at an average price of $95.1K.

Total weekly inflows into digital assets hit ~$2B:

⚪️ BTC: $1.8B inflow
⚪️ ETH: $149M inflow

There’s also a rumor that Nvidia might be planning to buy Bitcoin 👀

Overall, the trend we’ve seen over the past few months continues — institutions keep stacking crypto, and more big players are treating it not as a risky gamble but as a serious long-term play.

✅ These are exactly the kind of signals we want — and they’re popping up more and more.

ByBit USDT
#XRP/USDT Take-Profit target 5 ✅
Profit: 44.0161% 📈
Period: 2 Days 4 Hours 52 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures
#QNT/USDT Take-Profit target 2 ✅
Profit: 21.6854% 📈
Period: 15 Hours 58 Minutes ⏰

MARKET UPDATE: $ETH

Eth broke out of a long-term downtrend, signaling a potential trend reversal. It surged past the $1,720 resistance, showing bullish strength.

Now it's consolidating around $1,800 in a tight range. A breakout could lead to further upside, while a breakdown may retest the trendline.

Binance Futures, Bitget Futures, ByBit USDT, HyperLiquid Futures(OP/USDC), OKX Futures
#OP/USDT Take-Profit target 1 ✅
Profit: 3.5025% 📈
Period: 29 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#MOVE/USDT Take-Profit target 3 ✅
Profit: 33.5073% 📈
Period: 14 Hours 57 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#MOVE/USDT Take-Profit target 4 ✅
Profit: 46.0405% 📈
Period: 15 Hours 1 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#MOVE/USDT Take-Profit target 5 ✅
Profit: 58.4715% 📈
Period: 15 Hours 19 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, OKX Futures
#MOVE/USDT Take-Profit target 6 ✅
Profit: 70.9791% 📈
Period: 15 Hours 20 Minutes ⏰

Binance Futures, Bitget Futures, ByBit USDT, KuCoin Futures, OKX Futures
#WIF/USDT Take-Profit target 1 ✅
Profit: 36.7647% 📈
Period: 13 Hours 30 Minutes ⏰

XRP 🚀🚀🚀

Market Update: BTC

Bitcoin is currently trading above the ascending trendline, yet below the 100-day exponential moving average. A breakout above the horizontal resistance, followed by a successful retest of that resistance and the 100-day EMA, would signal bullish momentum. Conversely, a breakdown below the trendline, confirmed by a retest, suggests a potential bearish trend.