#BTC experienced a sharp sell-off this week, reaching all the way down to the key support area. The price rejected the zone, and we expect it to hold. However, due to the sharp downward momentum, the chances of a reversal are very low, so stay away from early longs. #crypto $BTC BitcoinBreaksAbove$63K#SaylorHintsStrategyBitcoinBuy #TrumpSaysIranAttackWillNotAffectUSDeal
$BNB auction rotation shows balanced trade inside value area between VAL at 600.580 and VAH at 628.740 with buyers absorbing supply near POC at 607.620 in a thin book. Entry at 606.550 with bullish delta divergence confirms absorption. Targets TP1 at... #Binanceโฏโฏโฏ #MarketAuction
ethereum:native is currently #trading around the strong demand zone. A double bottom #pattern is forming. A reversal is soon expected. $ETH $BTC #ETHETFsApproved #USDollarUpOnInflationFedHawk
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$BTC โ time for an update. What happened: Sunday's outlook had the bear case at $70โ70.8K if $73K broke. That played out during the US session, price lost the $72โ72.5K area I was watching for a bounce and flushed straight through to the target. Current situation: Now sitting at the top of the long liquidation cluster with equal lows just below at $70.5K. That's the line. Lose it and the next significant area is $65.5โ66.9K, Feb range POC/VAL and the origin of the entire March uptrend. Orderflow: Locally the orderflow is shifting. Orderbook flipped highly positive, spot CVD starting to turn up. I'm still expecting a bounce from here, but the structure is a little weaker than 48 hours ago and I'm treating it accordingly. One thing that stood out: Alts held up remarkably well through this flush. That divergence usually means ETH outperforms BTC on the recovery. ETH/BTC worth keeping an eye on. $72.6โ73K is now resistance. That's what needs to be reclaimed before the structure changes. We also still have those very interesting poor highs ~74.3k which could be an easy major target for a bounce. Until then, taking it level by level. Will keep updating as we get a reaction.
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$BTC Bitcoin (BTC) is currently locked in a critical struggle, experiencing a notable breakdown from recent highs near $80,000. As of early June 2026, the price has retreated below key support levels, most significantly the $73,000 mark and the widely watched 100-day moving average. This shift in market structure has put the bearish case in control for the short term, with an eye on deeper correction zones. Key Technical Levels: Resistance: The $80,000 supply zone remains formidable. Multiple attempts to break above this psychological level have failed, solidifying it as primary resistance. A decisive daily close above this would be required to shift the outlook back to bullish. Support: The market is now fighting to hold the $65,000โ$70,000 range. This is identified as a vital demand zone, rich with historical interaction and psychological weight. A breakdown below $65,000 could accelerate selling pressure toward the next logical support near $58,000. Market Sentiment and Indicators: RSI: The Relative Strength Index (RSI) on the daily chart has plummeted into oversold territory (below 30), a level that has historically preceded bounces. However, it is forming a negative divergence, indicating continued weakness. On-Chain Data: Market sentiment is being heavily influenced by consistent net outflows from spot Bitcoin ETFs, totaling over $2 billion in May. This suggests institutional distribution and risk reduction, amplifying the downward pressure. In summary, the trend for Bitcoin is a descending channel, testing crucial long-term support. The market requires a strong catalyst to recapture its previous momentum.