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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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๐จ๐จ South Koreaโs stock market falls -8% as the global chip stock selloff continues.
South Koreaโs stock market is now down -35% this month.
South Koreaโs stock market is now down -35% this month.
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๐ป BTC ETFs : -$49.7M
๐ป SOL ETFs : -$18.1M
๐ป HYPE ETFs : -$1.2M
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๐ 2:00 PM โ Fed Interest Rate Decision
๐ 2:05 PM โ FOMC Statement
๐ 2:30 PM โ Kevin Warsh Speech
๐ 4:00 PM โ Microsoft & Meta Earnings
๐ก 6:30 PM โ Trump Announcement
๐ข7:50 PM โ Japan Sells U.S. Treasuries
X | Instagram | YouTube.
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The Fed kept interest rates unchanged at 3.50%โ3.75%, but the overall tone was hawkish.
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