$ASTER Maintaining support above $0.9372 is essential to avoid a downward shift, while breaching the first major resistance at $1.13 could open the path toward $1.52. If momentum persists, the all-time high of $2.42 represents the third resistance, serving as a potential target.
Despite the recent decline, purchasers are still defending the larger uptrend, as evidenced by BTC's gradual decline toward the rising trendline. The market structure is still optimistic as long as the price stays above this rising support, and a return from this trendline would be the primary catalyst for further upward movement.
The broad supply zone around $93.5k, which has consistently rejected price, continues to be the main barrier. A breakthrough retest scenario can be set up by a strong push into this zone after a clean bounce from the trendline. In line with the chart's anticipated upward trajectory, Bitcoin may speed toward new highs if bulls are able to recover this level with a convincing candle closure. #CryptoRally #btc70k
The reasons for today’s Bitcoin drop were coordinated whale sales: 🔽 Wintermute sold 9,315 BTC 🔽 Coinbase sold 8,375 BTC 🔽 BitMEX sold 7,993 BTC 🔽 Binance sold 5,460 BTC 🔽 Bitwise sold 5,010 BTC #BTC86kJPShock
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