Range Breakout: BNB has breached the $700 multi-year resistance on a closing basis. Market Structure: Consecutive higher highs and higher lows remain intact since the $180 range low. Fibonacci Targets: $1,000 acts as the immediate resistance, with $1,450 as the next bullish extension.
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On the longer time frame, the situation is also rather more bullish than bearish. Traders should focus on the candle's closure in terms of the nearest level of $0.00001264. If the picture remains the same until tomorrow, there is a high possibility of seeing an ongoing upward move to the $0.000013-$0.00001350 range soon.
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Recently, besides BTC and ETH, SOL is what I've been talking about most. Look, another good news—Wall Street's "Hayes moment", BitMEX founder joins Apaxy, with momentum no less than Tom Lee's. Its market cap is much lighter than ETH. If the ETF passes in October, the speed of fund inflow might directly push it back to 300.
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