Well, we are going to close the trading week with a new batch of news
Today it was revealed that the U.S. is actively deploying marines in the region, with more than 2,500 troops already having landed in the deployment area in the last 48 hours. Obviously, the ultimate goal of accumulating troops like this is always a ground operation, and the White House has already confirmed that possibility on several occasions.
Mainly, this "need" is driven by the total lack of results so far and the increasing pressure in energy markets. The United States is losing ground on all fronts, so it is expected that they will take the Strait of Hormuz along with Jabr Island to secure navigation routes, and they will deal with the regime afterwards.
📍 All this news comes as gold falls like a scam (it is already below $4,500) $XAU , U.S. stocks sink, and the energy sector rises sharply, from oil tickers on the exchange to shares of coal mining companies. Cryptos hold incredibly well, but it won't last much longer.
The world is entering a new era, the old systems and habits no longer work.
🔻 The pressure on the market persists, we continue to fall lower and lower. 💵 Market Capitalization: $2.31T (-2.27%)
🥇 #BTC is trading around $67.4K 🥈 #ETH has fallen to the $2.04K zone 🕯 Fear and Greed Index - 25 (Extreme Fear) 😱
Geopolitics continues to dictate the rules. Trump's ultimatum still weighs on the market: «If Iran does not fully open, without threats, the Strait of Hormuz within 48 hours, the U.S. will attack and destroy its various power plants. They will start with the largest first!». In light of such headlines, the crowd goes into shock and liquidates their assets; the index has fallen to the "extreme fear" zone.
🔖 Market Liquidations (24h): According to CoinGlass, 67,300 traders have been liquidated in the last 24 hours, totaling $167.63 million (~61% in longs and ~39% in shorts).
👨💻 Technical Analysis: The asset continues to trade quite boringly near the upper limit of my range, with no significant changes.
🚨Trump claims that the US is "close to achieving its objectives" in the Middle East.
Key objectives:
🔹Destroy military capability of Iran 🔹Eliminate its air and naval force 🔹Prevent it from having nuclear weapons 🔹Protect allies like Israel and Saudi Arabia
⚠️He says that the US does not want to directly control the Strait of Hormuz.
📉And of course, this comes JUST AFTER the futures market closes.
❓Do we believe him or does he just want to lower Oil?
🔖 Market Liquidations (24h): According to CoinGlass, 80,490 traders have been liquidated in the last 24 hours, totaling $319.02 million (~42% in longs and ~58% in shorts).
👨💻 Technical Analysis: BTC made a spike in the $71,500 area and has retraced towards a correction once again. There is no strength for a breakout, and it is very likely we will see continuous movement within the range of $63,000 to $72,000 until the end of the week. The week is in full swing, but it feels like we are at the weekend, and that is completely normal.
⚠️ Outlook: At a moment like this in the market, you can dive into the shitcoins outside the top 200 on CMC to trade, or work with known assets in the spot market to identify accumulation zones.
🔖 Market liquidations (24h): According to CoinGlass, 125,063 traders have been liquidated in the last 24 hours, totaling $588.40 million (~81% in long positions and ~19% in short positions).
👨💻 Technical analysis: We are gradually withdrawing from the $72,500 zone, developing a natural local correction after the recent rally. The market is quietly preparing for the weekend, so volatility is likely to decrease unless we see any extraordinary geopolitical escalation (particularly regarding the situation in Iran).
⚠️ Forecast: For now, both the local and global outlooks remain unchanged. It is still too early to talk about breaking the bearish trend or the beginning of a full reversal. Globally, anything below $90,000 is a bear market. Only consolidation above this level will begin to invalidate all bearish structures. #USJobsData
🔖 Market Liquidations (24h): According to CoinGlass, 125,063 traders have been liquidated in the last 24 hours, totaling $588.40 million (~81% long and ~19% short).
👨💻 Technical Analysis: The market has finally reacted to the escalation of the geopolitical situation and the weakening$BTC of other markets. We successfully exited the sideways upward movement and broke into the zone above $73,000.
⚠️ Forecast: It is now crucial to consolidate at the current levels to pave the way and continue growth toward the range of $78,000 - $80,000, although a local pullback is perfectly acceptable. At the same time, the lower liquidity pool has not gone anywhere, and we will definitely drop to sweep it; it will just take a little longer than expected. We continue to monitor the market closely. #MarketRebound