During yesterday’s drop #BitcoinPrices Bitcoin set a local low at $65,640.
However, long stops and liquidations were not fully cleared, which suggests price may still move down toward $65,000 in the near term.
Below, in the $63,035 – $64,730 range, there’s a bullish order block that could slow price.But since this block is considered invalid, it’s likely to get broken eventually.
Before another leg down, price could grind higher toward $67,370, retesting the broken lower boundary of the ascending channel.
The key level for a stronger bounce is around $62,170. Until price reaches that zone, no long positions are being considered.
That said, a bounce could still happen from $63,890 or the order bloc and if it does, it’s a move worth skipping.
Chinese #oil Giants Rethink Iranian Crude After US Waiver
Chinese state oil companies are reassessing their approach to Iranian crude following a temporary U.S. sanctions waiver aimed at easing global supply pressures. While the waiver allows limited trade of oil already in transit, major Chinese refiners remain cautious due to legal, financial and logistical risks. Despite historically being the largest buyers of Iranian oil China’s state-owned giants are hesitant to fully re-enter the market. Concerns over payment mechanisms, compliance with U.S. rules, and unstable shipping conditions especially amid tensions in the Strait of Hormuz are limiting their appetite for Iranian barrels.
At the same time, some refiners are exploring alternative sources or relying on existing reserves to avoid uncertainty. Independent Chinese refiners, which have traditionally handled most Iranian imports due to discounted prices may continue limited purchases, but large-scale buying remains unclear.
The situation highlights how geopolitical tensions and policy shifts are reshaping global oil flows, with Asian buyers carefully balancing opportunity against risk. $BTC $ETH $XAU
#BitcoinPrices Prediction: Reclaim $70,000 This Week or Drop to $60K? Let`s discuses
Bitcoin is hovering around $68,700 after slipping 1.8% in the past 24 hours, putting pressure on the broader crypto market. With momentum weakening, traders are now watching closely to see whether BTC can stage a quick recovery toward the $70,000 level or face a deeper correction toward $60,000. Adding to the uncertainty, David Sacks has stepped down from his role as the White House AI and Crypto Czar and will transition to co-chair of the President’s Council of Advisors on Science and Technology (PCAST). The move, driven by legal limits tied to his “special government employee” status, comes at a time when regulatory clarity remains a key concern for the crypto market.
With policy developments and technical signals aligning at a critical moment, Bitcoin’s next move could set the tone for the entire market in the days ahead.
Current Oil Prices: Brent Crude: $98.28 per barrel (Down 5.9%) WTI Crude: $87.68 per barrel (Down 5.1%)
Key Technical Levels:
Support 1: $85.38 Support 2: $82.36 Resistance 1: $93.46 Resistance 2: $96.48
Market Analysis:
Oil prices have dropped sharply today following news of a proposed 15-point peace framework between the US and Iran. Tensions in the region have eased with Iran signaling a willingness to allow non-hostile vessels to transit through the Strait of Hormuz once again. This marks a potential de-escalation in the geopolitical risks that have been driving up oil prices.
As a result, crude oil futures are seeing significant drops with Brent Crude falling below key psychological levels. Traders are keeping a close eye on these developments, as the situation remains fluid and volatility is expected to continue in the short term.
The key question remains: Will this peace framework stabilize the market or will geopolitical tensions flare up again?
🔍 DYOR – Stay updated and make informed decisions.
The $MMT token just pumped +340% right after its Binance listing turning early buyers into big winners within minutes. So… how can you catch profits like that next time? 👇
1. Track Official Binance Listings
Binance always announces listings on its Official Announcement Page a few hours before launch. Bookmark this page or enable notifications in the Binance App.
2. Watch the Market Timing
After listing: The first 30–60 minutes often see extreme volatility. Smart traders wait for the initial dump or consolidation before jumping in.
3. Study the Token’s Fundamentals
Before investing: ✅ Real project use-case ✅ Backed by reputable VCs or launchpads ✅ Tokenomics (low supply = higher potential surge) ✅ Community & hype (social buzz matters early) #BinanceHODLerMMT #MarketPullback #altcoins #BTC $MMT
Because KITE is just about to list setting precise numeric targets is speculative. But we can sketch some plausible scenarios:
1.Strong listing with high demand, limited early sell-pressure and positive news (partnerships, usage announcements).
2. In this scenario KITE could jump above listing price by perhaps 150-400 % (or more) depending on scale of interest. Because it is new TECH. In that case price will go $0.20 it could reach $0.30–$0.40 in short term.🔥
3. Over 2-3 months or 1 week a second peak appears later (after 1–2 months) if project updates or exchange listings continue the hype
4. But after a time Price come in a stable range
IF you buy then buy it now. You can take profit in INITIAL Stage
breakdown happened on a 15-min time frame indicating temporary consolidation from the larger trend. Wait for reversal signs as price is on crucial support level
#BreakingCryptoNews At yesterday's FOMC meeting Powell indicated a December rate cut is not for sure dampening market optimism. The probability of a December cut plummeted from 90% to 70%. Markets may need time to regain their footing amid this recalibration of expectations
Analysts at CryptoQuant believe the current #MarketPullback is relatively mild and temporary with a strong #altcoins surge likely to follow before this cycle concludes.