MARKET UPDATE 🔴
BTC has slipped back to $78.5K after failing to hold above the key $80K resistance. ETH is down around 1.4%, while SOL is weaker at -2.3%.
ZEC is taking the hardest hit, down 6.6% to $1,129. After its huge recent run, this looks like stronger profit-taking and a leverage reset.
BTC remains the key. $78K is the immediate support zone. If BTC loses $78K, selling pressure could accelerate toward $76K-$77K and drag altcoins lower.
If BTC holds $78K and reclaims $80K, this red move starts looking more like a market-wide pullback rather than the start of a deeper correction.
For now: $78K support vs. $80K resistance. BTC decides the next move.
#USIranTradeTankerStrikesEscalate
BTC has slipped back to $78.5K after failing to hold above the key $80K resistance. ETH is down around 1.4%, while SOL is weaker at -2.3%.
ZEC is taking the hardest hit, down 6.6% to $1,129. After its huge recent run, this looks like stronger profit-taking and a leverage reset.
BTC remains the key. $78K is the immediate support zone. If BTC loses $78K, selling pressure could accelerate toward $76K-$77K and drag altcoins lower.
If BTC holds $78K and reclaims $80K, this red move starts looking more like a market-wide pullback rather than the start of a deeper correction.
For now: $78K support vs. $80K resistance. BTC decides the next move.
#USIranTradeTankerStrikesEscalate
