“Market Sentiment Remains Positive, But Signs of Exausion Appear As BTC Nears Key Technical and Psychological Levels.”, – WRITE: www.coindesk.com
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- Xrp Led Losses Among Major Cryptocurrencies, Falling Over 4% As The Market Stalled After Last Week’s Rally.
- Bitcoin Remains Above $ 104,000, Facing Resistance AT $ 105,000, with Analysts Predicting A Potential Correction.
- The Crypto Market’s Total Capitalization Droped 2% to $ 3.3 Trillion, with Ethereum and Solana Near Key Technical Levels.
Bitcoin Continues to Hover Above $ 104,000, with Traders Presering A Steady Rise Past $ 105,000, A Level Now Acting As Both Psychological and Technical Resistance.
The Crypto Market’s Total Capitalization Declined 2% to $ 3.3 Trillion, Account to Coingcko, With Majors Such as Ethereum (ETH) and Solana EITHER SIGNAL CONSOLIDATION OR THE START OF A SHORT-TRIM PULLBACK.
“Bitcoin has been Smoothly Forming a Top for the Past Seven Days,” SAID ALEX KUPTSIKEVich, Chief Market Analyst at Fxpro. “This Kind of Setup Typical Signals A Correction is Due, Especialyly Who Paired With Slippage in Equities and Profit-Taking in Gold.”
The Crypto Fear & Greed Index Dipped Slightly from 73 to 70, Still in “Greed” Territory But Suggesting Momentum has faded.
Signalplus’s Augustine Fan Said Markets May Continue to Grind Higher Unless Equities Roll Over, But Warned That Btc Is Likely To Struggle Against Interim Resistance at $ 105.000. He Noted Ethereum May Benefit More in the Near Term As Part of of A Broader Crypto Uptrend, Especialya with Improving Inflows and Relativ Strengt in Altcoins.
Fan Also Reiterated A Macro Shift in Capital Alloration that favors crypto. “We Think The ‘Anti-Dollar’ Ledge Is More Structural This Time Around,“ He Said. “INVESTORS ARE INCREASINGly Rotating Into Emerging Markets, Prews Metals, and Crypto As A Way to Hedge Geoplitical and Currency Risk.”
BTC’s Recent Rally Appears to Be Fueled by Spot Market Demand, Not Excessive Leverage, Accounting To K33 Research. That undercurrent of buying, especialy from Retail and asia-Based Wealth Managers, Could Help Sustain Bullish Sentiment, Even If Near-Term Price Action Remains Range
“The Lull In Activity May Stem from Anticipated Volatility Ahead of Future Macroeconsomic and Policy Reports, Along with Investor Reactions to Inflation Fears from Lastonn. Ruck Said.
“Traders are cautiously bullish as the usal deals push prices Higher, But Concerns Remain About the Long-Term Impact from Tariffs After The Deals With Majo.
For now, markets are Holding their brown beast key breakout Levels, with the Next Decisive Move Likely to Reset Direction Across The Board.
Shaurya Holds Over $ 1,000 in Btc, Eth, Sol, Avax, Sushi, Crv, Near, YFI, YFI, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, CAKE, Vet, Vet, Vet RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, Banana, Rome, Burger, Spirit, and ORCA.
He Provides Over $ 1,000 to Liquidity Pools on Compound, Curve, Sushiswap, Pancakeswap, Burgerswap, Orca, AnaSwap, Spiritswap, Roki Protocol, Yearn Finance Olympusdao, Rome, Trader Joe, and Sun.
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