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#BTC just retraced a little and is now attempting to move back inside the support area, currently going sideways. Nothing much is expected until a breakout occurs.
The S&P 500 is currently testing a key horizontal supply zone, with the Ichimoku Cloud acting as a resistance barrier above the price.
A successful rejection from this level could lead to a downward move. However, if the price breaks above the supply zone, it may flip into a demand zone, opening the door for further upside.
Given its close correlation with the crypto market, the S&P’s next move will be crucial in determining broader risk sentiment, making this a key level to monitor closely.
ICX made a new ALL TIME LOW a week now, and also gone into the consolidation. There is not much to happen and only short-selling opportunity for be taken into account after the break below.