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Weekly Crypto Market Summary with JrKripto 10-16 March

Weekly SummaryBlackRock’s BUIDL fund surpasses $1 billion, becoming the largest tokenized Treasury fund.REX Shares launches first Bitcoin Corporate Treasury Bond ETF (BMAX), which invests in convertible bonds of companies holding Bitcoin.VanEck registers Avalanche (AVAX) ETF in Delaware. AVAX is down 55% since the beginning of the year.Circle prepares to move $900 million money market fund under DABA license.Paradigm leads $82 million investment round for crypto payment network Mesh.Cantor Fitzgerald partners with Anchorage Digital and Copper for Bitcoin custody services.MoonPay acquires Iron, an API-focused stablecoin infrastructure developer.TON token rises 20%. France allows Telegram founder Pavel Durov to return to Dubai.Crypto․com has been licensed to offer futures and perpetual contracts for institutional investors in Dubai.Trump’s project WLFI has begun buying $AVAX.US Representative Byron Donalds has introduced a bill to legalize President Trump’s Strategic Bitcoin Reserve and protect it from future administrations.Brazilian MP Luiz Philippe has introduced a bill to regulate the payment of wages and workers’ rights in Bitcoin and cryptocurrencies.The White House has confirmed that crypto chief David Sacks sold off $200 million in assets before assuming the role of Crypto and AI Czar.Russia has begun using Bitcoin, Ether, and USDT in its oil trades with China and India.The White House said the US government “intends to purchase as much Bitcoin as possible.”The White House said the exchange is in a transition period.Senator Lummis has reintroduced the 'Bitcoin Act' bill, which proposes to purchase $1 million BTC within 5 years with a minimum 20-year hold.Technical and Macro OutlookBTCThe Bitcoin (BTC) price has touched the rising trend support that has been effective since 2024. In the current technical structure, the $82,819 - $85,419 range stands out as a significant resistance area in the short term, while the $79,000 - $80,700 region stands out as a strong demand area where both trend support and horizontal support levels intersect.If this region is maintained, upward movements can be expected to gain momentum and an increase towards the $90,000 level can be expected. If this level is exceeded, $95,000 will be followed as the next target. However, if weekly closes come below $79,000, the technical outlook may weaken and the risk of the price falling back to the $75,000 - $76,500 support area may increase.In summary, while price movements above $79,000 support the positive scenario, if this level is broken, selling pressure may deepen and lower support points may be tested.ETHThe Ethereum (ETH) price is trading close to the lower band of the large-scale symmetrical triangle formation, which is at a critical support level. The $1,790 - $1,900 region intersects with long-term upward trend support and stands out as a strong demand area. ETH holding in this region will be important in terms of starting an upward reaction movement.Currently, the price is trading below the $2,000 level, and breaking above this level may strengthen the recovery scenario. The levels of $2,095 and $2,453 are intermediate resistance points, respectively, and if these areas are exceeded, the rise can be expected to accelerate towards the resistances of $2,595 and $2,981.On the other hand, falling below the level of $1,790 and the weekly closing below this area may increase the selling pressure. In this case, the levels of $1,692 and $1,422 will be followed as the next support areas.In summary, Ethereum holding on to the $1,790 - $1,900 area is critical for the continuation of the rise, and if it falls below this area, the risk of deepening selling pressure will increase. In the bullish scenario, if the levels of $2,000 and $2,095 are exceeded, $2,500 and above can be targeted.ETH/BTCWhen the ETH/BTC parity is examined on the weekly chart, it is seen that it has received a strong reaction from the critical support area that has been followed for a long time. This region in particular stands out as an important demand area that has worked many times when past price movements are examined and where buyers have stepped in. The reaction that comes with the current contact indicates that volatility may increase in the upcoming period for Ethereum and significant upward movements may occur. If this support contact is successful, a scenario can be mentioned where ETH may start to gain strength against Bitcoin and upward movements in the parity may accelerate. In a potential recovery process starting from here, it can be expected that the intermediate resistance levels will be tested in the first stage, followed by movements towards higher peak structures.Weekly NotesTrump's Tariffs and the MarketsImpactTrump’s tariffs are still the biggest factor shaking up the markets. According to a Bank of America survey, a potential global trade war is the biggest market risk for 2025. This risk even surpasses fears of AI competition from China. This uncertainty affects everything from cryptocurrencies to traditional financial markets, leading to a decrease in risk appetite.Despite all this gloom, however, US stock markets saw a sharp recovery on Friday. The S&P 500 index rose more than 2%. As markets enter a new period of volatility, short- and medium-term investors should be careful about leverage and position size. However, there are still great opportunities for long-term investors; assets with strong fundamentals can be bought at attractive prices right now.Institutional Adoption AcceleratesDespite the volatility in the market, institutional investors continue to enter the crypto space:The Singapore Exchange plans to list Bitcoin perpetual futures in the second half of 2025.BlackRock has announced a 1-2% allocation in model portfolios for its Bitcoin ETF (IBIT).The US House of Representatives has shown a more positive approach to decentralized finance by repealing the IRS’ DeFi Broker Rule.The SEC is considering classifying XRP as a commodity. This could be a major regulatory change.Abu Dhabi-based investment firm MGX has invested $2 billion in Binance, marking the largest investment in the crypto sector to date.Altcoin Market and Institutional InterestWhile retail investors are fearful, institutional investors are acting in the opposite direction. Last week, major financial institutions filed applications for altcoin ETFs:Franklin Templeton filed with the SEC for the XRP Trust and the Solana ETF.VanEck announced its first Avalanche (AVAX) ETF.Institutions are increasing their interest in major altcoins such as SOL, SUI, XRP, AVAX, DOGE, LTC and HBAR.Developments to Watch Out ForNVIDIA CEO Speech (March 18): Jensen Huang will talk about artificial intelligence and chip technologies. Updates are expected, especially on the Blackwell B300 series and Rubin GPU.FOMC Rate Decision (March 19): The Fed is expected to keep interest rates steady at 4.25-4.50%. However, the possibility of a total rate cut of 70 basis points by the end of the year is being priced in. Powell's statements will guide the markets.Author: Besim Şen

Strategy Led by Michael Saylor Continues Bitcoin Purchases

There are notable developments in the cryptocurrency world. Strategy (formerly MicroStrategy), led by Michael Saylor, continues its Bitcoin (BTC) purchases without slowing down. The company purchased 130 more BTC for $10.7 million last week, bringing its total Bitcoin holdings to 499,226 BTC.Strategy's Massive Bitcoin Investment DetailsThe company's latest BTC purchase was made at an average price of $82,981. This purchase was financed by the sale of 123,000 shares of STRK preferred stock, generating a net income of approximately $10.7 million. This development further increased Strategy's Bitcoin holdings, which it acquired by spending a total of $33.1 billion. The average cost was calculated as $66,360.Highlights of Strategy’s Bitcoin investment strategy:Total BTC holdings: 499,226 BTCTotal investment amount: $33.1 billionAverage BTC cost: $66,360Last purchase: 130 BTC / $10.7 millionStock Price Increase with Bitcoin PurchasesThe company’s previous large Bitcoin purchases were also reflected in its stock prices. For example, a $4.6 billion BTC purchase resulted in a 10% increase in its stock price. This purchase included approximately 51,780 BTC at an average price of $88,627, bringing its total BTC holdings to 331,200 BTC at the time.Strategy, which decided to invest in alternative assets in 2020, increased its market value to $75 billion with this strategy. Its stock price increased 20-fold in four years. This approach has made the company the world’s first “Bitcoin treasury company.”Strategic BTC Purchases ContinueStrategy, led by Michael Saylor, aims to increase its market value by continuing its Bitcoin investments. However, this growth also brings with it issues such as market risk and investor sensitivity.Author: Besim Şen

WLD Comment and Price Analysis 17.03.2025

WLD (WorldCoin) is in a long-term downtrend and is currently trading at a critical point at $0.84, close to the lower limit of the channel. At this point, the reaction of the price will be decisive in terms of the direction of the trend.If there is a strong reaction from here, the price may first head towards the $1.27 resistance. Breaking the $1.27 level and working as support may bring the $1.84 - $2.07 range to the agenda.An upward break of the formation may cause the price to move to $2.92 and above in the medium term.Although the fact that the price is in the lower band of the channel indicates that a strong reaction rise may come, maintaining these levels is critical. In possible declines, if the $0.84 support is lost, the price may retreat to $0.70.If it falls below $0.70, a deeper downtrend may begin and the formation may lose its validity.In summary, the future direction of WLD will depend on the reactions it will give in the support areas. Therefore, price movements should be followed carefully and large movements should not be expected before the resistance breaks are confirmed.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create trading opportunities in the short and medium term according to market conditions. However, the user is completely responsible for trading and risk management. In addition, it is strongly recommended to use stop loss in relation to shared transactions.Author: Ilahe

ID Comment and Price Analysis 17.03.2025

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Brazil's Crypto Move: Salary Payments in Bitcoin Could Become Legal!

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WLFI Supported by Trump Expands Crypto Portfolio by Purchasing AVAX

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SEC is considering classifying XRP as a commodity.

There is a new development in the cryptocurrency market. The US Securities and Exchange Commission (SEC) is holding important talks on whether XRP is a commodity. In this process, the possibility of XRP being included in the same category as Ethereum (ETH) is also being evaluated.Talks Between SEC and Ripple ContinueWhile the legal process between Ripple and SEC continues, a new era is being entered. According to Fox News, the SEC has discussed whether XRP is a commodity. If XRP is accepted as a commodity, the US Commodity Futures Trading Commission (CFTC) will take over the supervisory authority. Thus, the use of XRP in futures and derivative products will become possible.What Will Change If XRP Is Considered a Commodity?The SEC's classification of XRP as a commodity could lead to significant changes in the market. In this case, XRP will become an asset regulated by the CFTC, like Bitcoin and Ethereum. This could pave the way for XRP-based ETFs and eliminate uncertainties about Ripple's business model.According to James Seyffart, the SEC's classifications for cryptocurrencies could also affect Solana (SOL) and other digital assets in the future. The SEC's evaluation of SOL as a security is seen as the biggest obstacle to Solana ETFs. A similar situation applies to XRP.The Division of Authority Between the SEC and the CFTC Becomes ClearThe SEC's evaluation of XRP as a commodity could also usher in a new era in the regulatory framework for cryptocurrencies. If XRP is officially accepted as a commodity, the division of authority between the SEC and the CFTC will become clearer. While the SEC reduces its pressure on non-security tokens, the CFTC will undertake the task of overseeing market integrity.The Ethereum Example May Be Guiding for XRPIt is stated that the SEC is evaluating XRP by comparing it to ETH. It is known that Ethereum also went through an initial coin offering (ICO) process at the beginning, but over time it turned into a commodity. According to the information shared by Charles Gasparino, the SEC thinks that ETH is currently traded as a pure commodity and is evaluating whether a similar path can be followed for XRP.The Results of the Ripple Case Will Affect the Crypto MarketThe result of the Ripple case could set a precedent not only for XRP, but for the entire cryptocurrency ecosystem. If XRP is accepted as a commodity, regulatory uncertainty regarding cryptocurrencies will decrease, and similar projects will be able to reference this decision when arguing that their tokens are not securities. At the same time, it could stand out as a development that could limit the SEC's authority in lawsuits filed against exchanges such as Binance.From Ripple's perspective, accepting XRP as a commodity could allow the company to continue its activities in the US more easily. While the company aims to use XRP for cross-border payments and liquidity, it had to be cautious, especially in the US, due to the SEC case. If the securities classification on XRP is lifted, Ripple will be able to fully implement its business model.It is not yet clear whether the SEC will classify XRP as a commodity. However, this development could create a major transformation in the cryptocurrency market. If XRP is accepted as a commodity, this decision will have significant effects not only for XRP, but also for other cryptocurrencies and exchanges. The crypto world is closely following this critical decision by the SEC.Author: Besim Şen

Franklin Templeton's XRP Spot ETF Move

One of the developments that made a big splash in the cryptocurrency market was Franklin Templeton's XRP Spot ETF application. This application, submitted to the US Securities and Exchange Commission (SEC), is considered a big step for XRP investors. If the application is approved, this ETF, which tracks the price performance of XRP, will be traded on the Cboe BZX Exchange.Franklin Templeton and Crypto ETF InvestmentsFranklin Templeton, which manages more than $1.5 trillion in assets worldwide, continues to strengthen its presence in the crypto asset market. The company, which previously applied for an ETF for Solana (SOL), now aims to attract the attention of crypto investors by focusing on XRP. The increasing demand for ETFs for crypto assets other than Bitcoin and Ethereum is seen as a result of the maturation of the market and the expansion of regulatory frameworks.What Does the XRP Spot ETF Offer to Investors?Franklin Templeton's XRP Spot ETF offers investors the opportunity to benefit from the price movements of XRP without directly owning it. This is considered a safer and more regulated investment vehicle for both individual and institutional investors. How the SEC will respond to this application is a matter of great curiosity.What Do Crypto ETFs Add to the Market?Recently, after the approval of Bitcoin and Ethereum ETFs, similar steps have been taken for other major cryptocurrencies. The rise of altcoin ETFs shows that the traditional financial world is increasingly interested in crypto. The focus of large investment companies like Franklin Templeton on assets like XRP and Solana could lead to greater adoption of these cryptocurrencies by institutional investors.Awaiting SEC ApprovalFranklin Templeton's application is currently under review by the SEC. If approved, XRP will become accessible to a wider range of investors in traditional markets. However, due to regulatory uncertainties, there is no clear information on how long this process will take.The rise of ETFs in the cryptocurrency ecosystem is making the market more reliable and accessible. Franklin Templeton’s XRP Spot ETF application could be a significant turning point for both XRP investors and the crypto market. The decision to be taken by the SEC in the upcoming period will play a critical role in determining the future of crypto investment vehicles. Investors should follow the developments closely and determine their strategies by considering the market dynamics.Author: Besim Şen

US Plans to Buy 1 Million Bitcoins: Bitcoin System Gains Support

U.S. Congressman Nick Begich (R-AK) made significant statements regarding the Bitcoin bill that proposes the U.S. Treasury to purchase 1 million Bitcoin over the next five years. Begich stated that the likelihood of the bill passing in Congress is increasing and support for the proposal continues to grow.A Clear Plan for 1 Million BTC PurchaseBegich emphasized the importance of restructuring the Bitcoin system for the financial development of the United States. The bill aims for the U.S. Treasury to acquire 1 million BTC, with 200,000 BTC each year. The purchases will be budget-neutral, meaning they will not impose any additional tax burden on citizens. These funds will be sourced from Federal Reserve dividend payments and the revaluation of gold certificates.Begich noted that Congressional awareness of Bitcoin is increasing, and lawmakers are becoming more sensitive to national debt and budget deficits. This development has strengthened support for the bill. Bitcoin, like gold, is being highlighted as a valuable asset that should be part of the national reserves.Growing Political and Public SupportThe Bitcoin bill enjoys bipartisan support in Congress. Other supporters of the bill include Representatives Pat Harrigan (R-NC), Troy Nehls (R-TX), and Michael Rulli (R-OH). Senator Cynthia Lummis (R-WY) is also in the process of introducing a similar proposal in the Senate.The bill is well-received in the cryptocurrency sector. Organizations like the Bitcoin Policy Institute view the bill as part of an effort to modernize the U.S. financial system. Additionally, the public belief that Bitcoin protects against inflation makes it easier for the bill to gain support.Reserves Will Be TransparentBegich announced that the Bitcoin purchased under the bill will be stored in publicly visible addresses. This will allow the public to track exactly how much BTC the government holds. Begich stressed the importance of transparency and referred to past issues with the lack of auditing of Fort Knox gold reserves, which harmed public trust. He stated that Bitcoin can help overcome this issue.Support for Bitcoin Bill GrowsMembers of Congress supporting the bill:Pat Harrigan (R-NC)Troy Nehls (R-TX)Michael Rulli (R-OH)U.S. Aims to Lead in Digital AssetsThe Bitcoin bill aligns with President Trump’s recent Strategic Bitcoin Reserve initiative. These efforts show that the U.S. is following a planned path to officially recognize Bitcoin as a strategic asset. Begich stated that if the bill is enacted, it will serve as an example in many ways.The United States aims to strengthen its global leadership in the field of digital assets through the Bitcoin system. Begich mentioned that this process is under constant observation and that they are working intensively thanks to strong public support.

BlackRock, Microsoft, and NVIDIA's $100 Billion AI Investment

Global AI Infrastructure Investment LaunchedOne of the biggest technological revolutions of the 21st century, artificial intelligence (AI), requires a robust infrastructure. To meet this demand, some of the world’s largest investment and technology firms have formed a historic alliance. BlackRock, Microsoft, MGX, NVIDIA, and Elon Musk’s AI company xAI have joined forces in a $100 billion AI infrastructure investment project. This initiative aims to build data centers and energy infrastructure on a global scale.A $100 Billion Investment for AI InfrastructureIn the initial phase, the partnership will start with a $30 billion capital investment, with the total funding expected to reach $100 billion over time. AI systems require high computing power to handle complex applications, which necessitates powerful data centers equipped with thousands of chips. This, in turn, translates into high energy consumption.Massive Partnership for Energy and Data CentersThis large-scale project, led by BlackRock and Microsoft, will involve major investments in data center construction, energy production, and distribution. Energy giants like GE Vernova and NextEra Energy will play a key role in renewable energy generation and distribution. The goal is to make AI infrastructure not only powerful but also environmentally friendly and sustainable. Şirketler Strategic Support from NVIDIA and xAINVIDIA will contribute with advanced chip technologies.xAI will enhance the technical infrastructure by developing AI solutions.The data centers established under this partnership will be primarily located in the U.S. and other OECD countries, ensuring technological innovation remains at the forefront while also boosting local economies.A New Era for the Digital Economy BeginsThis collaboration marks the beginning of a new era not only for AI technology but also for the energy and infrastructure sectors. Offering significant opportunities for investors, this initiative is laying the foundation for the digital economy of the future.

Arizona Crypto Move: Bitcoin Strategic Reserve Act Passes Commerce Committee!

Arizona Establishes a Crypto Reserve with New LegislationArizona is accelerating its efforts in the cryptocurrency sector. The Arizona House of Representatives' Commerce Committee has approved the Bitcoin Strategic Reserve Act, a significant milestone in the state's initiative to integrate digital assets into its financial system. The approved bill proposes the establishment of a special fund managed by the Arizona State Treasury for Bitcoin (BTC) and other crypto assets.What Does the Law Introduce? Arizona Sets Up a Crypto ReserveThe bill, known as SB1373, was introduced by Republican Senator Mark Finchem. Under this law, the “Digital Assets Strategic Reserve Fund” will be created and managed by the Arizona State Treasury. The fund will be supported by:Budgets allocated by the legislature,Crypto assets seized by the state,Revenues generated from the management of crypto assets.A key provision of the law is the implementation of risk mitigation measures. No more than 10% of the total fund deposits may be used for investment in any given fiscal year, ensuring that the state's financial risk is minimized.Additionally, the law allows for revenue generation through digital assets, but this will be strictly regulated to prevent increased financial liabilities for the state.From Senate to House: A Fast-Tracking Legislative ProcessThe SB1373 bill was approved in its third Senate vote with 17 votes in favor and 12 against. Following this vote on February 27, 2025, the bill was sent to the House of Representatives, where it received approval from the Commerce Committee. The swift progression of the bill demonstrates Arizona’s commitment to cryptocurrency adoption. Arizona Arizona Leads the U.S. in Crypto Reserve LegislationArizona is among the first states in the U.S. to implement a crypto reserve law. It follows Utah as the second state to establish a legal framework for digital asset investments.In addition to SB1373, another notable bill, SB1025, is gaining attention. Sponsored by Republican Senator Wendy Rogers and Representative Jeff Weninger, the Strategic Bitcoin Reserve Act (SB1025) was passed by the Senate with 17 votes in favor and 11 against. This bill differs from SB1373 in that it seeks to allow public funds to be invested in cryptocurrencies.The Future of Arizona’s Crypto PolicyArizona aims to be a leader in incorporating Bitcoin and other digital assets into its financial reserves. Both SB1373 and SB1025 highlight the state’s strong interest in the crypto market and its ambition to lead in this sector.Beyond investment, Arizona is also planning to develop management and oversight mechanisms for crypto assets. If these initiatives prove successful, Arizona is expected to become one of the key states shaping the U.S. crypto ecosystem.

US Federal Reserve Interest Rate Decision

The Federal Reserve (Fed) will announce its highly anticipated interest rate decision tonight. Markets strongly expect that interest rates will remain unchanged. However, the real determining factor will be the messages delivered by Fed Chair Jerome Powell. Currently, investors are focused on whether the Fed will give signals about when and to what extent it may cut interest rates.Fed Rate Expectations and Upcoming DataAt present, the Fed is expected to keep interest rates steady in the range of 4.25% to 4.50%. According to CME Group's FedWatch tool, the vast majority of investors are almost certain that rates will remain unchanged. However, Powell's statements may have a more significant impact on the markets.Recently, inflation in the U.S. has dropped from 3.1% to 2.8%. This decline is seen as a development that increases the likelihood of a rate cut. If Powell indicates that the decline in inflation is continuing and that the Fed may consider rate cuts more favorably, risky assets, especially Bitcoin and altcoins, may experience a rally. On the other hand, if Powell says something like, "Our fight against inflation is not over yet; we will keep interest rates high for a long time," a wave of selling could hit the markets.Bitcoin ETFs and Market UncertaintyMarket uncertainty is also evident in the behavior of Bitcoin ETF investors. In recent days, inflows into Bitcoin spot ETFs have slowed, indicating that investors are trying to minimize risk while waiting for the Fed’s decision. If the Fed strengthens expectations for a rate cut, a buying wave may occur in the crypto markets and other risky assets. However, if signals point to high interest rates for an extended period, investors may adopt a more cautious stance.How Could the Fed’s Decision Impact the Markets? 3 Potential Outcomes:Rate cut signals: Bitcoin and altcoins could rally.Hawkish statements: Selling pressure on risky assets.Ongoing uncertainty: Markets may remain cautious.In conclusion, the Fed’s interest rate decision tonight and Powell’s statements could trigger sharp market movements. Signals favoring rate cuts may boost risk appetite, while a hawkish stance could increase selling pressure across the markets.

21Shares Expands Crypto Investments with Spot Polkadot ETF Application

There has been a significant development in the cryptocurrency investment world. 21Shares has filed an application with the US Securities and Exchange Commission (SEC) for a Polkadot (DOT)-based spot ETF. Nasdaq has filed Form 19b-4 with the SEC to list the 21Shares Polkadot Trust on its exchange. This move could lead to greater adoption of the Polkadot ecosystem by institutional investors.Strategic Step from 21Shares and NasdaqNasdaq aims to make Polkadot more accessible to institutional investors with its application to list the Polkadot Trust on behalf of 21Shares. With SEC approval, it will be possible to invest in Polkadot without directly purchasing the DOT token. This could support both the growth of the crypto ETF market and the development of the Polkadot ecosystem.21Shares is expanding its investment options by offering a variety of crypto ETFs, including Solana, XRP, and Ethereum staking products. The company’s recently filed S-1 amendment reveals its interest in regulated digital asset funds and its claim in this area. This application may increase institutional interest in the market while facilitating investors’ access to cryptocurrencies.Possible Impacts of Polkadot ETFIf the SEC approves this application, it may have positive effects on Polkadot’s market value and trading volume. Easier access to DOT by institutional investors may increase the liquidity of the token, creating long-term positive pressure on the price.Potential impacts of Polkadot ETF may include:Increased adoption of DOT by institutional investors,Increase in market value,Higher trading volume and liquidity,Expansion of the crypto ETF market,Increase in similar ETF applications for other altcoins.21Shares’ spot Polkadot ETF initiative has become one of the most closely watched developments in the cryptocurrency world. Nasdaq’s filing with the SEC could give Polkadot more visibility in the institutional investment space, a move that is likely to increase competition in the crypto ETF market.

ZRO Comment and Price Analysis 18.03.2025

CETUS Comment and Price Analysis 18.03.2025

CETUSCETUS has been in a downtrend for a long time and the price is currently trading at $0.10. When the chart is examined, it is seen that the price remains within the falling channel and is moving close to the upper band of the channel.The price continues to be under downward pressure by moving within the falling channel. The long-term downtrend is dominant and so far the upward attempts have been limited. If the $0.10 level is not broken upwards in possible declines, the selling pressure may increase and pull the price to the $0.079 support.Since it coincides with the upper band of the channel, a reaction can be expected from here. If it moves upwards from the $0.10 level and breaks the $0.1166 resistance, an upward movement may begin. Breaking the upper band of the channel and this region working as support may cause the price to accelerate towards the $0.1599 - $0.1986 levels.Since CETUS is still trading within the falling channel, it is still in a risky area. Movements between $0.10 - $0.1166 will be decisive in terms of price direction.These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create trading opportunities in the short and medium term according to market conditions. However, the user is entirely responsible for trading and risk management. In addition, it is strongly recommended to use stop loss in relation to shared transactions.Author: Ilahe