Itβs been two weeks since the new DYOR website went live! π Have you checked it out yet?
Watch the video below to see all the new features in action! ππ₯
Coinbase's Quantum Advisory Council has raised concerns about the security of millions of Bitcoin due to potential quantum computing threats.
This highlights a significant structural risk for holders and could lead to increased demand for quantum-resistant solutions in the crypto space. As awareness grows, we may see traders reassess their long-term strategies.
How prepared do you think the market is for a post-quantum world? π§
$UMXM 1h Smart Setup
Bullish bias, 9.5/10 confidence.
Key signal: Support confluence zone (testing).
$UMXM is testing a strong support confluence zone while forming an active symmetrical triangle, with a bullish bias and 9.5/10 confidence level, targeting the key resistance at $1.80.
$GAS - 1d
Bias: Bearish π΄
Trend Score: N/A | Confidence: 6.6/10
At $1.1270, GAS/USDT shows a bearish trend with a strength of 31/100 and confidence at 6.6/10. The standout bullish signal is the standard bullish divergence in RSI, hinting at a potential reversal, although exhaustion is low at 26/100. A warning comes from the Supertrend indicator, still suggesting a sell at $1.3233. If this divergence holds, look for a move towards the Pivot R1 at $1.4960 as the first significant upside target, while keeping an eye on the falling support at $1.0251 below current price.
Market sentiment remains bearish with the Fear & Greed Index at 18, signaling extreme fear among investors. Bitcoin's dominance stands strong at 56.56%, indicating its continued importance in the crypto landscape. Notably, $RIF is highlighted as a standout with a 9.1/10 confidence rating for the day, suggesting potential opportunities even in this cautious environment. ππ
$SKL - 1d
Bias: Bearish π΄
Trend Score: -28/100 | Confidence: 6.6/10
Currently at $0.00425000, SKL/USDT is in a bearish trend with a Trend Score of 32/100 and setup confidence of 6.6/10. The strongest signal is a bullish RSI divergence, suggesting some upward momentum may emerge, but the Supertrend is firmly bearish, posing a substantial risk. If the price can hold above the active support at $0.00412000, there may be a chance to test the resistance at $0.00628000. However, be cautious; if it slips below $0.00412000, the bearish trend could intensify.