š BTC $78,390 š“-0.7% | ETH $2,434 š“-1.9% | SOL $97 š“-0.2% | BNB $692 š“-1.8% | BTC Dom 23.0% | Fear&Greed 74 Greed
Market's looking a bit wobbly right now. Bitcoin hovering around $78,400, basically flat, but momentum has clearly stalled. We pushed up to $81,272 earlier and got slapped right back down. That rejection zone around $78,800 is holding firm as resistance. The technicals are sending mixed signals. RSI at 58 is creeping toward overbought territory, and the MACD histogram is still negative at -297. The EMAs are bullish though, and we're holding above the 20-day. It's a classic tug of war between the dip buyers and the sellers near resistance. Altcoins are bleeding harder ā ETH down nearly 2% to $2,433, BNB off 1.8% to $691. SOL is surprisingly resilient at $96.67, barely down. Breadth is awful though, only 6 gainers against 23 losers. That's not a healthy tape. Gold is ripping at $4,658 and the dollar is slipping on weak US data. Fed minutes showed four regional directors actually wanted a rate hike ā that's interesting given the market's pricing cuts. Oil plunging is adding to the macro confusion. Bitcoin ETF inflows hit $2.2B over six days, which is solid, but the market's not responding. Meanwhile the Iran sanctions situation is keeping the "debasement trade" narrative alive ā Wintermute noted BTC, XRP and gold all benefited from that last week. My take: sitting on my hands here.
š Poll time ā BTC $73.0K pe support hai, $81.3K pe resistance. Kya lagta hai, kis side break hoga?
š¢ Break $81.3K upward, ya š“ $73.0K tukda? Comment karo ā sabse jyada votes wala trend update kal milega! š
ā ļø Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
--
Disclaimer: My personal analysis, not financial advice. DYOR.
Market's looking a bit wobbly right now. Bitcoin hovering around $78,400, basically flat, but momentum has clearly stalled. We pushed up to $81,272 earlier and got slapped right back down. That rejection zone around $78,800 is holding firm as resistance. The technicals are sending mixed signals. RSI at 58 is creeping toward overbought territory, and the MACD histogram is still negative at -297. The EMAs are bullish though, and we're holding above the 20-day. It's a classic tug of war between the dip buyers and the sellers near resistance. Altcoins are bleeding harder ā ETH down nearly 2% to $2,433, BNB off 1.8% to $691. SOL is surprisingly resilient at $96.67, barely down. Breadth is awful though, only 6 gainers against 23 losers. That's not a healthy tape. Gold is ripping at $4,658 and the dollar is slipping on weak US data. Fed minutes showed four regional directors actually wanted a rate hike ā that's interesting given the market's pricing cuts. Oil plunging is adding to the macro confusion. Bitcoin ETF inflows hit $2.2B over six days, which is solid, but the market's not responding. Meanwhile the Iran sanctions situation is keeping the "debasement trade" narrative alive ā Wintermute noted BTC, XRP and gold all benefited from that last week. My take: sitting on my hands here.
š Poll time ā BTC $73.0K pe support hai, $81.3K pe resistance. Kya lagta hai, kis side break hoga?
š¢ Break $81.3K upward, ya š“ $73.0K tukda? Comment karo ā sabse jyada votes wala trend update kal milega! š
ā ļø Personal analysis, not financial advice.
#Trading #Binance #Bitcoin #Ethereum #Crypto
--
Disclaimer: My personal analysis, not financial advice. DYOR.
