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Get ready for the Bybit WSOT 2025 trading competition

Early Registration: Aug 12–18

Main Competition: Aug 27–Sep 15

Prize Pool: 10 MILLION USDT

First-time Bybit users can register an account using the referral code "64219" to receive an immediate 20% discount on trading fees. This discount automatically renews every 90 days and lasts a lifetime.

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Sign up for Bybit and get a 20% discount on trading fees.

Register an account using the Bybit referral code [64219] to receive a 20% discount on trading fees. This discount automatically renews every 90 days, ensuring lifetime savings.

Additionally, new users can receive a welcome reward of up to $30,050.

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Join BingX and receive 45% cashback on transaction fees

Register your account with the referral code [VVVVV] or receive a 45% cashback on transaction fees and up to 13,500 USDT of new user compensation.

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Sign up to TapBit and get 40% cashback on trading fees

40% cashback on trading fees incurred on Spot and Futures.

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🎉Starter Exclusive: Earn Up to 60,000 USDT Per User!

📅 Event Period: 7/1 – 7/31 🎯 Eligibility: New users with no trades yet ※ Make sure to join the event before your first trade!

✅ How to Join

Click the event link → Click the ‘’Join now’’ button

Sign up & complete KYC

Check the event page to see "Joined" status

Deposit & start trading

💰 Rewards

Trade ≥ 150 USDT → Receive a Mystery Box worth up to 100 USDT in BTC

Complete trading missions → Get USDT and trading bonus (up to 60,000 USDT)

Event Link → https://www.okx.com/campaigns/deposit-and-trade?channelid=OKVVV

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Sign up to Bitget and get 50% off trading fees and 20% cashback

If you sign up to Bitget with the referral code [bitget2], you will receive a 20% rebate on the deducted fees.

You can also receive a new welcome reward of up to 6,200 USDT.

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Sign up for MEXC and get 20% off trading fees

Register your account with the referral code [mexc-zzz] and receive a 20% discount on spot and futures trading fees.

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The TRUMP price on the daily chart shows that the asset is in a clear bearish trend, continuing its descent from the May highs near the $14 level. TRUMP price is hovering just below the 0.786 Fibonacci level ($9.42), which is typically a deep retracement zone. A sustained break below this level would expose the previous lows.

If the price of TRUMP breaks above the wedge resistance and reclaims the $10.5��$11 zone convincingly, a move toward the 0.5 Fibonacci level at $11.96 and possibly toward $13.00 could follow.

However, if the pattern fails, the Official Trump could break below the wedge support that is currently hovering just above $9.00. In such a scenario, further downside toward the $8.00 support region or even a retest of the previous lows near $7.27 is likely.

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Americans can now use OKX too

Sign up to OKX and get 20% discount on trading fees. Register an account with the referral code [OKVVV] to get a 20% discount on trading fees and a new user reward of up to 60,000 USDT.

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Join WEEX exchange and get 50% discount on trading fees.

Register an account with the referral code [vipvvv] and receive a 50% discount on the taker fee for futures trading. This is the same as the taker fee for VIP6 level.

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📈BTC/USDT Chart Analysis📉

The BTC price is currently exhibiting a strong bullish trend. After consolidating within a bullish pennant pattern, the Bitcoin price broke out decisively, confirming upward momentum.

BTC appears set to target the next significant Fibonacci extension at $112,411.31. Should momentum persist, the price of Bitcoin could push further toward $117,598.50.

However, given the overbought RSI, traders should watch for potential minor corrections before a sustained climb higher. In this case, the 0.236 Fib level acts as a major support zone at $104,869.

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📈TRUMP/USDT Chart Analysis📉

After breaking out of the descending triangle pattern, the TRUMP price has retraced to trade within the upper boundary of the triangle, within the $13.7 breakout point.

After breaching the 0.236 Fibonacci level ($14.01), the Official Trump price now looks to be on a correction, headed for the next support zone within the triangle.

However, the price of Official Trump still trades above the 50-day Simple Moving Average (SMA), which indicates that TRUMP is still bullish.

If the bulls find support around the 0.382 Fibonacci level (13.32), the price could soar back to $16.37 zone, an 18% surge from the current level.

On the flip side, if the bears exert more pressure, the $12.21 (0.618 Fib level) acts as a cushion against downward pressure.

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Sign up for a cryptocurrency exchange and get discounts on trading fees

Sign up for a cryptocurrency exchange and get discounts on trading fees.

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Sign up to Bybit and get 20% discount on trading fees

Sign up: https://partner.bybit.com/b/64219

The trading fee discount is automatically renewed every 90 days and the fee discount is applied for life.

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Sign up for OKX and get 20% discount on trading fees

20% discount on trading fees Invitation link ▼

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Sign up to Bybit and get 20% discount on trading fees.

https://partner.bybit.com/b/64219

The 20% discount on trading fees is automatically renewed every 90 days and the fee discount applies for life.

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Sign up for OKX and get 20% discount on trading fees

Enter the referral code [OKVVV] and complete account registration, and you will receive a 20% discount on trading fees, and 20% of the deducted fees incurred from the transaction will be rebated.