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📊 ETH Market Update
ETH remains structurally weak after losing the 2.05K–2.10K support zone, which has now turned into resistance.
As long as ETH remains below this area, sellers maintain control and the market remains vulnerable to further downside. A successful reclaim of 2.05K–2.10K would be the first sign of structural improvement.
For now, resistance remains overhead while the 1.75K–1.85K region is the key support zone to watch.
ETH remains structurally weak after losing the 2.05K–2.10K support zone, which has now turned into resistance.
As long as ETH remains below this area, sellers maintain control and the market remains vulnerable to further downside. A successful reclaim of 2.05K–2.10K would be the first sign of structural improvement.
For now, resistance remains overhead while the 1.75K–1.85K region is the key support zone to watch.
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Market start falling after this news
Big breaking: Iran announced that it will stop exchanging messages with the US
Big breaking: Iran announced that it will stop exchanging messages with the US
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https://x.com/pushpendratech/status/2061692607970103470?s=46
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🚨 TOTAL Market Cap Update
TOTAL market cap is currently testing a major support zone around $2.34T–$2.36T.
📉 Market structure remains bearish on the daily timeframe:
• Continuous lower highs
• Rejection from the $2.63T resistance
• Strong selling momentum entering the market
🔻 If TOTAL breaks below $2.34T
➡️ Next target: $2.25T
➡️ Major demand zone: $2.14T
TOTAL market cap is currently testing a major support zone around $2.34T–$2.36T.
📉 Market structure remains bearish on the daily timeframe:
• Continuous lower highs
• Rejection from the $2.63T resistance
• Strong selling momentum entering the market
🔻 If TOTAL breaks below $2.34T
➡️ Next target: $2.25T
➡️ Major demand zone: $2.14T
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The Reserve Bank of India likely sold $12B gold while buying $7.5B of foreign-currency assets, per Bloomberg citing public data.
The move comes as higher oil prices and capital outflows put pressure on India's rupee.
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