#bitcoin is currently trading around $82,688, showing recent weakness and choppy price action. The price has declined from recent highs, putting short-term bearish pressure on the market. $BTC is now testing support in the $85k-$87k range, and a failure to hold this level could lead to a deeper correction. On the upside, key resistance is seen at $89k-$90k, where rallies have been repeatedly capped. Consolidation near the current levels indicates indecision Indecision Selling Pressure among traders. If Bitcoin breaks above the $90k resistance, it could signal a bullish continuation, while a drop below $80k support might trigger a decline toward the mid-$70k range. #CZAMAonBinanceSquare #USPPIJump #MarketCorrection #BTC $BTC
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Yesterday, $ETH Ethereum showed a range-bound price move with highs near ~$29,060+ and lows around ~$2,720–$2,830 on Binance ETH/USDT. Price struggled to hold above the upper range and pulled back into the lower side of the range by the end of the session.
🔎 Key Levels • Resistance: ~$3,040 area — sellers stepped in. • Support: ~$2,580–$2,630 — buyers defending below.
Market Tone: Neutral to slightly bearish short-term as ETH failed to break the recent highs and closed nearer to day’s low. Stay above support for chance of bounce; break could lead to deeper pullback. also check out yesterday's analyses in the picture below. $ETH
Immediate support sits near $85,000 – $86,000, with resistance at the $90,000 – $93,500 zone.
Failing to hold support could push price toward $80K, while reclaiming higher trend lines is needed to flip sentiment bullish.
📌 Market Sentiment Short-term sentiment is cautious to bearish, partly due to macro headwinds (rate decisions, weak momentum). Investing.com +1 Some traders note that a lack of breakout above $100K is reducing bullish confidence.
📈 Bullish Factors to Watch If BTC can reclaim resistance above $91K and sustain it, the next targets could be in the mid-$90Ks range or higher. Long-term accumulation signals from larger holders could support upside if weak hands capitulate. $BTC market today is in a near-term consolidation with bearish pressure, trading below key levels around $90K. Support around $85K is crucial — a break lower could mean further downside, while reclaiming higher resistance would improve sentiment. #USIranStandoff #ZAMAPreTGESale #GoldOnTheRise #TSLALinkedPerpsOnBinance #StrategyBTCPurchase