Invest ideasNews
6 Mar 2026, 08:32
Bybit Expands CEX’s First Retail-Accessible AI Trading Competition With Over 360K in Prizes
BitcoinWorld Bybit Expands CEX’s First Retail-Accessible AI Trading Competition With Over 360K in Prizes Dubai, United Arab Emirates, March 6th, 2026, Chainwire Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has officially extended the AI vs. Human: 1-on-1 Trading Showdown to retail traders , bringing head-to-head matches with advanced artificial intelligence models to Bybit users. The three-week event starts from now until March 27, featuring competitive matchups against ChatGPT, Gemini, Claude, DeepSeek, Qwen, and Kimi, with a total prize pool of 362,388 USDT . The Showdown has been the first of its kind among CEX since the first round of institutional battle commenced in January. The competition offers flexible match durations, allowing users to partake in one, two, or four-hour battles to win rewards. Users can choose a strategy based on their preference, and win more points with longer durations earn more points or compete more often with shorter races. With a minimum 100 USDT deposit and a Bybit Unified Trading Account (UTA), users can compete for prizes by climbing two leaderboards: Daily leaderboard: Top 1,000 leaders with the most points to earn from daily a prize pool of 3,500 USDT, or a total prize pool of 73,500 USDT throughout 21 days Total points leaderboard : Top 5,000 leaders with the most points to share in a 288,888 USDT prize pool, with the best performing trader taking home 88,888 USDT Every trading move counts in the point-based system. The more users trade, the more points they stand to accumulate. Strategic traders will be rewarded for trading activity and volume, regardless of win-loss outcomes. The APR performance of each squad will be shown at the competition page , allowing users to track the performance of each AI contender. From Institution to Mainstream In January, Bybit extended the showdown invitation exclusively to institutional AI teams . Six esteemed institutional players took the stage, including teams from Amazon Web Services, Alibaba Cloud, platform for autonomous AI trading agents NOFA.ai , and trading powerhouses AYC Fund , ALPHAGATE , and QuantumEdge. The latest retail iteration lowers technical barriers by providing pre-selected, world-class AI competitors and eliminating complex API integrations. The Showdown enables users of any skill level to benchmark their trading skills against machine intelligence, embracing the AI revolution while winning rewards. For complete terms and conditions and details of participation rules, interested users may visit: AI vs. Human 1-on-1 Trading Showdown About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: [email protected] For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube Contact Head of PR Tony Au Bybit [email protected] This post Bybit Expands CEX’s First Retail-Accessible AI Trading Competition With Over 360K in Prizes first appeared on BitcoinWorld .
6 Mar 2026, 07:45
USD/INR Exchange Rate Tumbles as Indian Rupee Defends RBI’s Strategic Intervention
BitcoinWorld USD/INR Exchange Rate Tumbles as Indian Rupee Defends RBI’s Strategic Intervention MUMBAI, India – March 2025: The USD/INR currency pair experienced notable downward pressure this week as the Indian Rupee maintained its recovery momentum following strategic interventions by the Reserve Bank of India. Market analysts observed the rupee strengthening to 82.85 against the US dollar, marking a significant shift from recent volatility patterns. This movement represents the currency’s most substantial weekly gain in three months, consequently reflecting renewed market confidence in India’s monetary policy framework. USD/INR Exchange Rate Analysis and Market Movements Forex traders closely monitored the USD/INR pair as it declined by approximately 0.4% during Thursday’s trading session. Consequently, this downward movement extended the rupee’s recovery streak to four consecutive sessions. Market data from the National Stock Exchange revealed consistent selling pressure on the dollar throughout the week. Furthermore, the rupee’s resilience surprised many analysts who had anticipated continued weakness amid global economic uncertainties. The Reserve Bank of India’s proactive measures created substantial support around the 83.20 level. Technical analysts identified this zone as a critical resistance-turned-support area. Additionally, trading volumes surged by 35% compared to the previous week, indicating heightened institutional participation. Market participants now watch the 82.70 level as the next significant technical threshold. RBI Intervention Mechanisms and Currency Defense Strategy The Reserve Bank of India deployed multiple instruments to stabilize the domestic currency. Firstly, the central bank conducted substantial dollar sales through state-run banks. Secondly, it utilized forward market operations to manage future currency expectations. Thirdly, the RBI adjusted liquidity conditions in the banking system to influence short-term interest rates. Key intervention tools employed by the RBI included: Direct dollar sales in spot markets Forward market interventions Liquidity adjustment facility operations Verbal guidance through official statements Central bank data indicated approximately $3.2 billion in dollar sales during the intervention period. Moreover, forward market positions suggested additional support measures totaling $5.8 billion over coming months. These coordinated actions demonstrated the RBI’s commitment to currency stability amid external pressures. Expert Analysis of Intervention Effectiveness Financial institutions provided detailed assessments of the RBI’s strategy. Morgan Stanley analysts noted the intervention’s “precision timing” ahead of major economic data releases. Similarly, Standard Chartered researchers highlighted the “multi-pronged approach” combining market operations with policy signaling. Domestic brokerage firms emphasized the intervention’s success in preventing speculative attacks on the currency. Historical comparison reveals interesting patterns. The table below shows recent RBI intervention outcomes: Intervention Period USD/INR Movement Forex Reserves Change Market Volatility January 2025 -0.8% -$2.1B High Current Episode -1.2% -$3.2B Moderate November 2024 -0.5% -$1.8B Low Global Context and Cross-Currency Comparisons The rupee’s performance occurred against a complex global backdrop. Meanwhile, the US dollar index (DXY) remained relatively stable around 104.50. However, emerging market currencies displayed mixed performances throughout the week. Specifically, the Chinese yuan appreciated by 0.3% against the dollar. Conversely, the Indonesian rupiah depreciated by 0.6% during the same period. Several factors contributed to this divergence among emerging market currencies. Firstly, varying central bank policies created different interest rate environments. Secondly, commodity price movements affected export-dependent economies differently. Thirdly, geopolitical developments influenced capital flows across regions. Fourthly, domestic economic indicators showed contrasting recovery patterns. International capital flows revealed important trends. Foreign portfolio investors purchased approximately $850 million in Indian equities during the intervention week. Simultaneously, foreign institutional investors reduced their dollar holdings by $420 million. These movements suggested improving sentiment toward Indian assets despite global risk aversion. Economic Fundamentals Supporting Rupee Stability Multiple economic indicators provided underlying support for the currency. India’s current account deficit narrowed to 1.2% of GDP in the latest quarter. Additionally, foreign exchange reserves remained robust at $620 billion. Furthermore, merchandise exports grew by 8.7% year-over-year in February. Services exports also maintained strong momentum with 12.3% growth. Inflation dynamics played a crucial role in currency valuation. India’s consumer price index moderated to 4.9% in February. Meanwhile, wholesale price inflation remained contained at 3.2%. These figures compared favorably with many developed economies experiencing persistent price pressures. Consequently, real interest rates in India maintained positive territory. Monetary Policy Implications and Future Guidance The RBI’s monetary policy committee maintained its repo rate at 6.5% during its recent meeting. Committee members emphasized their commitment to bringing inflation sustainably to the 4% target. Moreover, they reiterated their focus on withdrawing accommodation while supporting growth. The central bank’s stance balanced domestic requirements with global financial conditions. Forward guidance suggested continued vigilance on currency stability. RBI Governor Shaktikanta Das stated the central bank would “remain nimble and flexible in liquidity management.” Deputy Governor Michael Patra emphasized the “multi-dimensional approach to forex management.” These communications reinforced market expectations of proactive currency defense when necessary. Market Participant Reactions and Trading Strategies Currency traders adjusted their positions following the intervention. Importers accelerated dollar purchases near support levels. Exporters deferred conversion of overseas earnings. Meanwhile, arbitrageurs exploited temporary pricing discrepancies between onshore and offshore markets. Options traders increased hedging activity as volatility expectations normalized. Institutional investors recalibrated their India exposure allocations. Global fund managers increased rupee-denominated bond holdings. Sovereign wealth funds maintained their existing positions. Pension funds evaluated longer-term currency appreciation potential. These movements reflected differentiated time horizons and risk appetites. Primary market reactions included: Reduced speculative short positions on rupee Increased hedging through options contracts Rebalancing of carry trade portfolios Adjustment of correlation-based strategies Technical Outlook and Key Levels to Monitor Chart analysis identified several important technical levels. The USD/INR pair broke below its 50-day moving average at 83.05. Next support appeared at the 100-day moving average of 82.70. Resistance levels formed at 83.20 and 83.45. Momentum indicators suggested weakening dollar strength against the rupee. Fibonacci retracement levels from the November high provided additional context. The 38.2% retracement level held at 82.95. The 50% level coincided with the 100-day moving average at 82.70. The 61.8% level offered stronger support at 82.45. These technical parameters guided short-term trading decisions. Conclusion The USD/INR exchange rate movement demonstrates the effectiveness of coordinated central bank intervention. The Indian Rupee successfully defended its recovery gains through strategic RBI actions. Market participants now monitor whether this stability persists amid evolving global conditions. Furthermore, the intervention highlights India’s robust forex management framework. Ultimately, currency markets continue balancing domestic fundamentals with international capital flows. The USD/INR pair remains a critical indicator of India’s economic resilience and policy credibility. FAQs Q1: What caused the USD/INR exchange rate to decline recently? The USD/INR rate declined primarily due to strategic intervention by the Reserve Bank of India, involving dollar sales and forward market operations to support the rupee. Q2: How does RBI intervention affect currency markets? RBI intervention affects markets by directly supplying or absorbing dollars, influencing liquidity conditions, and signaling policy intentions to manage exchange rate volatility. Q3: What technical levels are important for USD/INR traders? Traders monitor the 82.70 support level (100-day moving average) and 83.20 resistance level, with Fibonacci retracement levels providing additional guidance for price movements. Q4: How do global factors influence the Indian Rupee? Global factors including US dollar strength, crude oil prices, emerging market flows, and geopolitical developments significantly impact rupee valuation through trade and capital flow channels. Q5: What economic indicators support rupee stability? Key indicators include India’s current account deficit, foreign exchange reserves, export growth, inflation rates, and foreign investment flows, all contributing to currency fundamentals. This post USD/INR Exchange Rate Tumbles as Indian Rupee Defends RBI’s Strategic Intervention first appeared on BitcoinWorld .
6 Mar 2026, 07:44
XRP Holds the Line at $1.40 as Breakout Pressure Reaches Boiling Point
XRP Holds the Line at $1.40 as Final Compression Signals Potential Breakout Toward $3 XRP is demonstrating strong resilience as it continues to hold a crucial support level, signaling the potential for a significant price move ahead. According to market analyst Crypto Paykash, the asset has consistently defended the key $1.40 support zone, a level closely watched as a base for its next major breakout. Data from CoinCodex reinforces this outlook , showing that XRP has repeatedly maintained this price floor despite wider market volatility, suggesting growing stability and the possibility of building bullish momentum. The $1.40 level has solidified as XRP’s key defensive line, repeatedly attracting strong buying pressure whenever the price tests it. Each rebound from this zone highlights growing conviction among traders and long-term holders, suggesting the area is widely viewed as a high-value accumulation point rather than a breakdown trigger. Meanwhile, XRP’s realized volatility has surged to its highest level since March 2025, coinciding with aggressive whale activity. Large holders accumulated 1.3 billion XRP within just 48 hours, a move that historically signals preparation for a significant market shift. Together, the persistent defense of the $1.40 support and the sharp rise in whale accumulation point to intensifying market compression, conditions that often precede a major price expansion. Well, As long as the $1.40 support continues to hold, bullish momentum remains intact while the tightening range signals building pressure in the market. This compression suggests a breakout may be imminent. A decisive reclaim of the $1.80–$2.00 resistance zone would confirm renewed strength and could trigger the next rally phase, potentially propelling XRP toward the $3 level sooner than many expect. More importantly, XRP’s price action is forming what analyst Paykash describes as a compression pattern, a technical structure where price consolidates within an increasingly narrow range. Such formations often indicate that volatility is quietly building beneath the surface, typically preceding a sharp and decisive breakout once the range finally resolves. XRP Compression Nears Breaking Point as $3 Target Comes Into Focus Paykash notes that XRP’s compression pattern is nearing its final stage, signaling a potential swift and decisive breakout that could catch sidelined traders off guard. The next critical hurdle lies in the $1.80–$2.00 resistance zone, amid growing debate on whether XRP is entering a high-stakes distribution or strategic repositioning phase. A confirmed breakout above $2.00 could ignite fresh momentum across the market, potentially propelling XRP toward $3.00 in a rapid surge. Such a move would signal a strong recovery, drawing renewed interest from traders aiming to ride the next uptrend. Meanwhile, Moscow Exchange is considering cash-settled XRP futures following Russia’s recent regulatory shift, keeping the market in a cautious, watchful phase. With support at $1.40 holding firm and resistance near $2.00 tightening, XRP’s compression pattern is building significant pressure. If this support endures, the stage is set for a potential explosive breakout, bringing the $3 level squarely into view. Conclusion XRP’s current price structure signals that the market is nearing a critical inflection point. As long as the $1.40 support level holds, bullish momentum remains intact, with the tightening compression pattern indicating that a decisive move may be imminent. A strong reclaim of the $1.80–$2.00 resistance zone would confirm renewed buying strength and could trigger the next major rally. If this breakout materializes, XRP may quickly target higher levels, potentially accelerating toward the $3 mark.
6 Mar 2026, 07:30
USDC Transfer: Stunning $225 Million Whale Movement from Binance to Ceffu Signals Major Shift
BitcoinWorld USDC Transfer: Stunning $225 Million Whale Movement from Binance to Ceffu Signals Major Shift In a significant on-chain event that captured immediate market attention, blockchain tracking service Whale Alert reported a colossal transfer of 224,590,201 USDC from the global exchange Binance to institutional custody provider Ceffu, a transaction valued at approximately $225 million. This substantial movement of one of the world’s leading stablecoins provides a critical lens into the evolving behaviors of major cryptocurrency holders and the infrastructure supporting them. Consequently, analysts are scrutinizing the flow for signals about institutional strategy, liquidity management, and the broader digital asset custody landscape. The transaction, executed on March 25, 2025, underscores the growing scale and sophistication of capital movements within the blockchain ecosystem. USDC Transfer Analysis: Decoding the $225 Million Movement Blockchain explorers confirm the transaction originated from a known Binance exchange wallet, terminating at an address associated with Ceffu, formerly known as Binance Custody. Significantly, USDC, or USD Coin, is a fully regulated stablecoin issued by Circle and pegged 1:1 to the US dollar. Therefore, this transfer represents a movement of digital dollars, not a speculative asset. The sheer size of the transfer, equivalent to $225 million, immediately classifies it as a “whale” transaction, an action typically undertaken by institutional investors, large funds, or high-net-worth individuals. Market observers note several immediate implications. First, the movement from an exchange to a dedicated custody solution often indicates a shift from active trading or liquidity provision to secure, long-term holding. Second, it highlights the critical role of institutional-grade custody services like Ceffu in the modern crypto economy. Finally, while large stablecoin movements are common, their destination offers valuable clues about market sentiment and capital allocation strategies. Understanding the Key Entities: Binance and Ceffu To fully grasp this transaction’s context, one must understand the entities involved. Binance operates as the world’s largest cryptocurrency exchange by trading volume, serving as a primary liquidity hub for retail and institutional traders. Conversely, Ceffu operates as a separate entity focusing exclusively on institutional custody and prime brokerage services, offering segregated cold storage, insurance, and regulatory compliance frameworks. This separation allows institutions to trade on Binance’s liquid markets while storing assets in Ceffu’s purportedly more secure, regulated environment. Binance: A global digital asset exchange providing trading, staking, and lending services. Ceffu: An institutional-focused custody platform offering secure asset storage and management solutions. USDC: A fully-reserved U.S. dollar stablecoin regulated and issued by Circle. Institutional Custody Trends and Market Impact The migration of such a substantial sum to Ceffu aligns with a broader industry trend toward specialized custody. Following increased regulatory scrutiny globally, institutions are prioritizing clear segregation of trading venues and asset custodians. This move potentially signals that a major market participant is opting for a more conservative, security-first posture. Furthermore, large stablecoin outflows from exchanges can sometimes precede periods of market volatility, as capital is moved off-platform, potentially reducing immediate selling pressure or preparing for other strategic deployments. Data from on-chain analytics firms shows that stablecoin reserves on centralized exchanges serve as a key liquidity indicator. A reduction, especially of this magnitude, is often analyzed for potential market impacts. However, experts caution against drawing direct causal conclusions. For instance, the capital could be earmarked for participation in decentralized finance (DeFi) protocols, over-the-counter (OTC) deals, or as collateral for other financial operations, all facilitated from a secure custody base rather than an exchange hot wallet. Recent Notable Stablecoin Whale Transactions (2025) Date Amount From To Potential Implication Mar 25, 2025 224.6M USDC Binance Ceffu Institutional custody shift Feb 18, 2025 150M USDT Unknown Kraken Exchange liquidity boost Jan 10, 2025 95M DAI MakerDAO Institutional Wallet DeFi treasury management The Role of Stablecoins in Modern Finance Stablecoins like USDC have evolved far beyond simple trading pairs. They now function as the primary settlement rails and dollar proxies within the digital asset ecosystem. Their transfer between major platforms like Binance and Ceffu represents the movement of institutional capital at scale. This efficiency and transparency, enabled by public blockchains, provide a real-time view into financial flows that is unprecedented in traditional finance. Analysts from firms like Glassnode and CryptoQuant routinely parse such data to gauge institutional sentiment, network health, and potential turning points in market cycles. Regulatory and Security Considerations This transaction also occurs within a maturing regulatory framework. Custody service providers like Ceffu are increasingly subject to stringent licensing requirements, such as the New York Department of Financial Services’ BitLicense or similar regimes in other jurisdictions. The movement of funds to a regulated custodian may reflect a participant’s desire to align with best practices for asset safety, insurance coverage, and regulatory compliance. In contrast, holding large sums on an exchange, while convenient for trading, concentrates counterparty risk. Security remains a paramount concern. Dedicated custodians typically store the vast majority of assets in offline, air-gapped cold storage, significantly reducing exposure to online hacking attempts. The transparent nature of the blockchain allows anyone to verify the movement, but the ultimate security of the assets depends on the private key management protocols of the receiving custodian. This public verification coupled with private security exemplifies the dual nature of blockchain-based finance. Conclusion The reported transfer of 224.6 million USDC from Binance to Ceffu is a definitive example of institutional-scale activity in the cryptocurrency market. This USDC transfer highlights key ongoing trends: the professionalization of asset custody, the strategic movement of stablecoin capital, and the transparent yet complex nature of blockchain economics. While the specific motive behind the move remains known only to the entity involved, its visibility provides valuable data points for understanding the maturation of digital asset infrastructure. Ultimately, such transactions reinforce the growing integration of blockchain-based settlement and traditional financial prudence, signaling a new phase of development for the entire sector. FAQs Q1: What does a large USDC transfer from an exchange to a custodian typically indicate? It often suggests an institution or large holder is moving assets from a trading environment to secure, long-term storage. This can signal a shift from active management to a holding strategy, or preparation for using the assets as collateral in other financial activities. Q2: Is Ceffu part of Binance? Ceffu, formerly Binance Custody, operates as a separate entity from the Binance exchange. While historically linked, it functions as an independent institutional custody and prime services platform, serving clients who may or may not use the Binance exchange. Q3: Why does the market track “whale” transactions like this? Analysts track large transactions because they can signal the intentions of influential market participants. Movements to or from exchanges can impact liquidity, while movements between service providers can indicate trends in security, regulation, or institutional strategy. Q4: Could this $225 million USDC transfer affect the stablecoin’s price? No, USDC is designed to maintain a 1:1 peg with the US dollar through full reserve backing. Individual transfers, regardless of size, do not directly impact its market price, which is maintained by arbitrage and redemption mechanisms managed by the issuer, Circle. Q5: What are the main reasons an institution would use a custodian like Ceffu instead of holding assets on an exchange? Primary reasons include enhanced security through offline cold storage, regulatory compliance requirements, institutional-grade insurance coverage, segregation of assets from trading operations, and the need for specialized services like reporting or integration with traditional finance systems. This post USDC Transfer: Stunning $225 Million Whale Movement from Binance to Ceffu Signals Major Shift first appeared on BitcoinWorld .
6 Mar 2026, 07:26
Bitcoin Reserves on CEXes Collapse to Lowest Level Since November 2018
According to CryptoQuant, exchange reserves have plummeted to 2.7 million BTC..
6 Mar 2026, 07:00
Bitcoin Bears Lose The Lead: Negative Funding Is The Only Thing Stopping A Structural Breakout
Bitcoin is showing renewed strength after reclaiming the $70,000 level, a move that has helped stabilize sentiment following weeks of heightened volatility and uncertain market direction. The recovery comes as several structural indicators begin to shift in favor of a more constructive market environment, suggesting that the recent correction may be transitioning into a new phase. According to analysis from Axel Adler, multiple regime and structural indicators have moved into positive territory simultaneously for the first time in nearly three months. The report highlights the behavior of the Bitcoin Regime Score, an aggregated metric that incorporates several market variables, including taker imbalance, open interest pressure, funding rates, ETF flows, exchange flows, and price trend. The score is normalized on a scale ranging from -100 to +100 to identify shifts in market regimes. On February 7, the Regime Score dropped to -47, marking the deepest bearish reading recorded over the past year. For comparison, the market bottom in November 2025 reached -37 and required 33 days to recover to neutral territory, while the August low of -35 reversed in only 11 days. In the current cycle, however, the recovery has occurred in approximately 25 days. As of March 4, the indicator has climbed back to around +0.98, signaling a potential transition away from the recent bearish regime. Structural Indicators Align As Bitcoin Tests Key Resistance Adler further notes that price-based structural signals are now aligning with regime indicators, reinforcing the significance of Bitcoin’s recent recovery above $70,000. One of the key metrics highlighted in the report is the Structure Shift Composite, a fast signal designed to capture short-term changes in market structure. The Structure Shift Composite ranges from -1 to +1 and incorporates several elements of price behavior, including momentum, the sequence of price movements, and the asset’s position relative to its exponential moving averages. At the same time, the Donchian Channel provides a framework for identifying current technical boundaries, placing resistance near $73,698 and support around $62,981. Earlier in the cycle, the relationship between these indicators followed a different pattern. In January, the Structure Shift signal crossed above zero in a single sharp move—from -0.05 to +0.57—on January 2, but only after the Regime Score had already been firmly in bullish territory for several days. That confirmation was followed by a rally that eventually pushed Bitcoin toward the $97,000 region. The current transition has developed differently. Between March 2 and March 4, both Structure Shift and the Regime Score crossed into positive territory simultaneously. With Structure Shift now near +0.56 and Regime Score at +0.98, this synchronized shift suggests that the recent move toward $73,000 may represent a broader structural transition rather than a temporary short squeeze. Bitcoin Attempts Recovery Above Long-Term Support The weekly chart shows Bitcoin trading near $72,800 after staging a rebound from the sharp correction that pushed the asset below the $65,000 region earlier in 2026. Following a prolonged rally that carried BTC above $110,000 in late 2025, the market entered a corrective phase marked by lower highs and increasing volatility. The recent decline briefly forced Bitcoin below its 50-week moving average, a level that had previously acted as dynamic support throughout much of the bull cycle. However, the latest weekly candle suggests that buyers are attempting to reclaim this level, which now sits near the $70,000 region. Holding above this area is technically significant, as it often serves as a structural pivot during mid-cycle consolidations. Below the current price, the 100-week moving average is positioned around the mid-$60,000 zone, while the 200-week moving average continues to trend upward near the high-$50,000 region. These levels form a broader long-term support cluster that could help stabilize the price if volatility returns. From a structural perspective, Bitcoin remains within a macro uptrend despite the recent correction. The market is now attempting to form a higher low relative to the 2024–2025 advance. If BTC successfully consolidates above $70,000, the next resistance region could emerge near $85,000, where the previous breakdown accelerated earlier this year. Featured image from ChatGPT, chart from TradingView.com
