ethdropsbelow

#IranAttacksUSAirbase
Iran Israel War Updates:
Kuwait says air defences responding to missile and drone attacks after fresh US strikes on Iran

US President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a deal to end the war, in a sign that any agreement remained elusive

Trump's comments came after Iranian state TV reported that it had obtained an unofficial draft of an agreement that would restore commercial shipping through the strategic waterway to prewar levels within a month, with Iran and Oman jointly managing traffic. That framework also would have the United States lift its blockade of Iranian ports and withdraw military forces from Iran's vicinity.

Trump said no single country would have control over the waterway, and appeared to threaten Oman, a country with which the United States has decades-long military and economic ties. He also said that he was not yet satisfied with Iran's offers to make a deal, after Iranian state television reported details of what it claimed was a draft agreement.
$BTC
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@Cryptomarket
@Binance Trading Insight
#ETHDropsBelow
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🚨 $407M in futures liquidations have reached a boiling point, sparking a 3.21% drop in BTC to $73,388 and a 4.39% plunge in ETH to $1,990.

📊 This perfect storm of liquidations and price drops matters because it exposes the fragile conviction of longs, with the funding rate at +0.0056% for BTC and +0.0023% for ETH, indicating a bullish sentiment but also a potential for a long squeeze #FuturesLiquidationsReach$407M #ETHDropsBelow$2000 #RwaSectorLeadsCryptoDecline.

💡 Smart money is watching the $72K level for BTC, a close above which could trigger a supply squeeze, especially given the current oversold conditions with an RSI of 26.7 and a bearish MACD crossover, while ETH's oversold conditions with an RSI of 29.2 also present a buying opportunity #BTC #ETH.

🔍 The next 48 hours will be crucial as the market awaits the Senate's response to the CLARITY Act, with over 120 crypto firms, including Coinbase and Ripple, demanding immediate action, which could be a catalyst for the next leg up or down, particularly if it impacts the $7.63B open interest in BTC futures.

❓ Will this confluence of events and the potential passing of the CLARITY Act be the spark that reignites the crypto bull run, or will it fizzle out amidst regulatory uncertainty?