Jacqualine Sells ADoW

Bitcoin’s slip under $90,000 shows a classic sharp correction after an overextended rally.

Overheated RSI (Overbought Zone)

BTC’s RSI had been sitting above 70, signaling heavy overbought conditions. This often triggers a pullback as buyers slow down and sellers step in.

Major Resistance Rejection

Bitcoin failed to hold above the $94,000–$96,000 resistance zone. Weak momentum at the top created a perfect setup for a downward move.

High Leverage Liquidations

Exchanges saw liquidations of over-leveraged long positions, accelerating the drop. Once cascading liquidations begin, BTC usually falls sharply.

Weakening Volume on the Upside

Volume was dropping during the recent push upward — a classic sign of trend exhaustion. When sellers returned with stronger volume, the price broke down fast.

Support Levels Broken
BTC sliced through key supports:
$92,500
$91,200
$90,500
Breaking multiple supports in a row turned the drop into a deeper correction.

📊 What’s Next? (Important Levels)

Immediate Support: $88,800 – $89,200
If this zone holds, BTC can bounce quickly.
Major Support: $85,500
If this breaks, the correction could extend.
Resistance to Reclaim: $90,500
Reclaiming this level wo
uld be the first bullish signal after the fall.
#BTC #BTC走势分析 #BITCOIN

$LUNC is trading at roughly ≈ $0.000058 (some sites show small fluctuations around this level).
Market sentiment in the past days/weeks has improved: there have been significant token burns, renewed community attention, and some technical-buying triggers.
On the technical chart, recent signals like a bullish MACD crossover and moderate RSI suggest short-term momentum is slightly positive.
That said, the circulating supply remains extremely high (on the order of trillions of $LUNC ), which makes any large price move challenging without massive demand or supply reduction.

🔮 Bullish Scenario (What Could Go Right for $LUNC )

If certain positive factors align, LUNC might see meaningful gains. Key bullish drivers:
Continued burns — If the community and exchanges keep burning large amounts of LUNC, supply could shrink meaningfully over time, putting upward pressure on price.
Renewed ecosystem activity / upgrades — With recent network upgrades and improved blockchain infrastructure, LUNC could attract more interest, potentially reviving use-cases and investor confidence.
Crypto market rebound / broader altcoin rally — If the overall crypto market enters a bull cycle (like rising Bitcoin/major-crypto price), high-risk tokens like LUNC often benefit, especially if sentiment shifts.
Speculative or “hype” driven buying — Given LUNC’s history and community, sometimes simple speculation or FOMO (fear-of-missing-out) can trigger sharp short-term rallies.
If these line up, it’s possible LUNC could climb, say, 2×–5× from current levels (i.e. into the ballpark of $0.00012–$0.0003+), especially if burns accelerate or demand spikes.

⚠️ Bearish / Conservative Scenario (What Might Hold LUNC Back)

But there are strong reasons to stay cautious:
Massive oversupply — With trillions of tokens in circulation, even big burns only nibble at the supply; meaningful price recovery requires either huge burns or big demand increases.
Low real usage / weak fundamentals — The ecosystem’s activity (e.g. dApps, decentralized finance usage) remains limited, which weakens long-term value support.
Dependence on external/institutional support — LUNC’s burns and demand often depend on exchange support (e.g. burn programs) or investor speculation — not stable, organic growth.
Volatility and risk — Crypto markets remain volatile; macroeconomic factors, regulation, or market-wide downturns can hit high-risk assets like LUNC hard.
Under a bearish or conservative scenario, LUNC could stay in a narrow range (or even drop), maybe roughly $0.00002–$0.00007 over the next few months, unless some strong catalyst appears.
#LUNC #BinanceBlockchainWeek #USMarketUpdate #cryptouniverseofficial