We observe in this chart the evolution of the market value of stablecoins like Tether and USD Coin compared to the price movement of Bitcoin. What does that mean? It means that money has not left the market but is still present, waiting for an entry opportunity.
We continue to monitor these movements, as any price correction is met with a large abundance of liquidity ready to be seized.
The most important levels on the Bitcoin order book are strong selling zones at the top: $75,000 and $76,000. When the price reaches these areas, we will monitor the price reaction and liquidity before making any future technical decisions.
An update on the current status of Bitcoin: if the uptrend line is broken and the price closes below it, we will see the price drop to $65,000 and then $63,700. The most important thing right now is to maintain this uptrend and not let the price close below it.
Good luck guys be careful and keep watcgung ur trades $BTC
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Briefly, the current price behavior of Ethereum is still in a downward correction phase, and any rise is considered a correction unless the $2,340 level is regained.
The situation in the market for whales and smart money is uncertain. There's no clear advantage for either side, with a slight preference for buyers. Is the market about to explode, or are we facing a new scam from the whales? The numbers seem balanced... but what's happening behind the scenes could completely change the direction in an instant.
The $2200 area is currently considered the most important resistance zone on Ethereum. The area is very sensitive to trading, so it's better to wait for confirmation of a breakout or rejection before entering, as there is accumulated selling pressure.
Go long $ETH i am in and i will not leave till reach my target $3100
An update on the current situation of Ethereum We are still waiting for a price manipulation towards $1650, an important support area that the price may target before the start of the main movement. The rebound from this area will be a strong expansionary movement that will push the price towards the following levels: $2200 as the first target $2340 as the second target $3100 as the main target