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$ETH is trading near 4,585, where sellers are stepping in after multiple rejections at resistance. On the 4H chart, RSI is pulling back from overbought levels, while EMA20 around 4,520 is likely to guide price action. A failure to reclaim higher ground could trigger a deeper correction.
$BTC is trading around 123,650, showing weakness after facing rejection at a critical resistance zone. On the 4H chart, RSI is turning down from overbought territory, while EMA20 near 122,500 may act as the first support. A breakdown could extend the bearish momentum.
🚀 OpenLedger Buyback Sparks Bullish Momentum for $OPEN
The OpenLedger team has officially announced a buyback of $OPEN , a move that strongly supports price action and market confidence.
Previously, I mentioned that we were in the bottom accumulation zones, and indeed, the market capitalization has jumped from $100M to over $134M, marking a 34% increase — a significant growth for $OPEN .
📊 Current Market Snapshot
Price: $0.6450
Market Cap: $134M (up from $100M)
Immediate Targets: $0.7500 → $0.8500
Major Targets: $1.00 → $1.50 → $2.00
📈 Technical Outlook
On the 1D RSI, OPEN has already exited the oversold zone, signaling the start of a strong bullish trend.
Indicators remain positive, with the potential to push higher once short-term overbought corrections are cleared.
The buyback program adds massive buying pressure, boosting investor confidence and community trust.
✅ Why $OPEN is Bullish
Backed by the OpenLedger team with strategic buybacks.
Strong market recovery (+34% in capitalization).
Community confidence and high trading volume on Binance.
Technical indicators confirming momentum shift to bullish.
I remain bullish on $OPEN — with the team’s support and buyback strategy, the path to $1 and beyond looks stronger than ever. #BinanceHODLerOPEN #OpenLedger
$ETH is hovering around 4480, where selling pressure is building after testing a key resistance area. On the 4H chart, RSI is flattening near overbought levels, while EMA20 at 4400 is the immediate support to watch. A failure to hold current levels could trigger further downside.
$SOL is trading near 231.50, facing rejection from a strong resistance zone after multiple failed breakout attempts. On the 4H chart, RSI shows signs of cooling off from overbought territory, while EMA20 around 228 is acting as the first line of support. If sellers remain active, downside momentum could build.
$BNB is moving around 1076, showing difficulty breaking higher after recent rallies. On the 4H chart, RSI is cooling off near neutral, while EMA20 at 1085 acts as resistance. Failure to gain strength here could invite further downside pressure.
💰 Bitcoin ETF Inflows Reach $676 Million in One Day
Bitcoin ETFs recorded inflows of $675.8 million today, with BlackRock's IBIT receiving $405.5 million. This is the largest inflow since mid-August, bringing IBIT's assets to $90.7 billion and placing it in the top 20 global ETFs. With $BTC rising to $119,000, this reflects growing confidence in the digital asset.
This boosts institutional adoption of crypto and could lead to further inflows in October.
📉 $BTC Short Setup | Key Resistance Zone Rejection
$BTC is trading between 120,600 – 121,500, facing strong rejection at the upper boundary. Momentum indicators show overextension, with RSI near overbought levels, while EMA20 on the 4H chart lags below, hinting at exhaustion of buying power. A correction is likely if sellers maintain control.
$SUI is hovering around 3.5500, struggling to sustain bullish attempts as sellers dominate. On the 4H chart, RSI leans bearish near 45, while EMA20 at 3.6200 is acting as a resistance cap. A break lower may confirm extended downside pressure.
$HOOK is trading near 0.1150, facing rejection from overhead resistance. On the 4H chart, RSI is pointing down, while EMA20 around 0.1180 is reinforcing bearish momentum. A drop below support could push the price lower.
📉 $OP Short Setup | Resistance Keeps Price in Check
$OP is hovering near 0.7140, struggling to gain momentum as selling pressure builds. On the 4H chart, RSI is tilting bearish, while EMA20 at 0.7280 is capping upside attempts. A breakdown below support could open the door for further downside.
$GMT is trading near 0.0398, facing strong resistance and showing weakness on lower timeframes. RSI is leaning bearish, while EMA20 at 0.0410 continues to act as a ceiling, suggesting further downside risk if momentum persists.
$MAGIC is moving near 0.1791, showing weakness after failing to sustain above resistance. On the 4H chart, RSI is tilting lower while EMA20 around 0.1850 is capping upside attempts, pointing toward continued downside momentum.
$APT is trading around 5.0000, facing difficulty in sustaining recovery after repeated rejections. On the 4H chart, RSI is leaning bearish while EMA20 near 5.120 is acting as a cap, signaling potential for further downside.
$IMX is moving near 0.700, struggling to sustain upward momentum after multiple rejections. On the 4H chart, RSI trends weak while EMA20 at 0.715 is pressing as resistance, signaling room for further downside if pressure continues.
⬜️ No US unemployment claims data was released Thursday due to the government shutdown, halting one of the most important indicators markets anticipate every week.
⬅️ This shutdown increases uncertainty about the economic outlook and presents the Federal Reserve with a major challenge in assessing the labor market and making decisions on future interest rates.
📉 The result: Tense markets... and investors await any signals!
$TLM is trading around 0.00446, facing persistent resistance and failing to build strong momentum. On the 4H chart, RSI remains below neutral while EMA20 at 0.00460 is acting as a ceiling, suggesting bearish continuation if sellers stay active.