BTC trading near $78,256, down slightly today but still +1.1% on the week. Price has cooled ~4.6% off its Sept 3 high of $82,283. ๐ Technical watch: โข RSI at 43.58 โ bearish momentum building, not oversold yet โข Possible head-and-shoulders pattern forming โข $78Kโ$79K = the line in the sand. Lose it and $70K could come fast โข Liquidation clusters stacked both above ($79.7K-$80.2K) and below ($77.5K-$78K) ๐ Macro pressure: โข Brent crude near $100/barrel on Middle East tensions โ inflation worries back on the table โข 10Y Treasury yield above 4.85%, 30Y at highest since 2007 โข Higher yields = more competition for BTC as a non-yielding asset ๐ Key dates ahead: โข Fed policy meeting: Sept 15-16 โข CLARITY Act cloture vote: Sept 15 Support or breakdown โ next week could set the tone. ๐ #Bitcoin #BTC #BinanceSquareFamily #CryptoUpdate #priceanalysis #DigitalAssets
$POL/USDT trades at $0.0963, sitting right on the rising trendline from $0.0730 after fading hard from the $0.1260 high made in late August. Price is testing this support after weeks of consolidation.
Hold above $0.0930 and price stabilizes with a push back toward $0.1000 next. Lose $0.0900 and price breaks the trendline with room down to $0.0870. Line in the sand right here, this bounce needs to hold.
$ENA ANALYSIS -------------------- $ENA/USDT trades at $0.1597, pulling back after tagging $0.1900 near the long rising trendline that's guided price since February. Price cleared the $0.1324 demand zone in explosive fashion before cooling off.
Hold above $0.1500 and price presses back toward the highs near $0.1900. Lose $0.1400 and price falls back to retest the breakout zone near $0.1324. Trendline's right above, this pullback tests if bulls can push through.