End of the Indian stock market
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BTC Update:
BTC continues to face rejection around the $65K resistance, with sellers showing stronger momentum than buyers. The price remains above the 200 EMA, but trading below the 50 EMA reflects short-term weakness. With weekend volume typically lower, sideways movement is the most likely scenario unless a major catalyst drives volatility.
BTC continues to face rejection around the $65K resistance, with sellers showing stronger momentum than buyers. The price remains above the 200 EMA, but trading below the 50 EMA reflects short-term weakness. With weekend volume typically lower, sideways movement is the most likely scenario unless a major catalyst drives volatility.
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BNB is tightening inside a symmetrical triangle, signaling that a volatility expansion could be close.
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BTC Update:
BTC is attempting a relief bounce after the recent sell-off but remains below the key $65.3Kโ$65.7K resistance zone and the 50 EMA. The previous rejection came with stronger selling volume, while the current recovery lacks conviction. With weekend liquidity remaining low, sideways price action is more likely than a sustained breakout. Bulls need to reclaim the resistance zone to regain momentum; otherwise, another rejection cannot be ruled out.
BTC is attempting a relief bounce after the recent sell-off but remains below the key $65.3Kโ$65.7K resistance zone and the 50 EMA. The previous rejection came with stronger selling volume, while the current recovery lacks conviction. With weekend liquidity remaining low, sideways price action is more likely than a sustained breakout. Bulls need to reclaim the resistance zone to regain momentum; otherwise, another rejection cannot be ruled out.
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JUST IN: ๐ฅ๐ฐ Bitdeer mined a record-breaking 990 BTC in June.
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๐ ETH Update
Despite our previous long setup being stopped out, ETH has reclaimed strength and continues to trade above both the 50 EMA and 200 EMA, keeping the overall structure bullish.
Support: $1,890 โ $1,900
Resistance: $1,980โ$2,000 , $2,090โ$2,110
As long as the current support holds, the bias remains in favor of further upside, with a break above resistance strengthening the continuation scenario.
Despite our previous long setup being stopped out, ETH has reclaimed strength and continues to trade above both the 50 EMA and 200 EMA, keeping the overall structure bullish.
Support: $1,890 โ $1,900
Resistance: $1,980โ$2,000 , $2,090โ$2,110
As long as the current support holds, the bias remains in favor of further upside, with a break above resistance strengthening the continuation scenario.
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(-177.44 BTC), but the bigger picture remains strong.
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