Iran-Israel Conflict Escalates, Significantly Impacting the | Nazakat-f0469 on Binance Square

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Iran-Israel Conflict Escalates, Significantly Impacting the Crypto MarketThe tensions in the Middle East between Israel and Iran are extremely high, impacting not only finances but also causing significant damage to the cryptocurrency market.$BTC $ETH $SOL 

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Over the past several weeks, $SOL /USD has shifted decisively into a bearish regime. What began as a gentle pullback from the mid-$200s accelerated in May, carving out a clear down-sloping channel that the price has now decisively broken to the downside. Friday’s close below the $140.50 support zone—a level that held since April—confirms sellers are firmly in control, opening the door for further losses. First, the breach of $140.50 removes a critical floor that had been tested multiple times over the last two months. With that support gone, the next logical target is the lower boundary of the descending parallel channel, which currently sits near $130. A sustained move toward that area would align price action with the channel’s downtrend and allow momentum to gather. Second, there’s an unresolved fair value gap around $125–126 (marked in blue). This zone acted as a strong support in late 2024 and into early 2025, and price rarely skips over such gaps without a retracement to “fill” it. Traders should watch for a bounce or consolidation once the gap is approached, but until it’s filled, the bias remains bearish. Third, beneath that lies a large institutional order block at roughly $104. Should selling intensify—especially if a capitulation wick emerges—we could see a swift drop toward that demand zone. It would represent a significant retracement of 25–30% from current levels and may serve as the next major magnet for price. On the indicators, SOL sits below all key EMAs, with the 9-period underneath the 14, which is below the 21, then the 55, and finally the 200. That stacking order is textbook bearish. Both MACD and RSI echo this mood; momentum has shifted firmly negative, and neither oscillator shows signs of divergence or imminent reversal at present. $BTC $ETH $XRP

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Will the US Approve a Spot XRP ETF After Canada’s June 18 Launch? Canada has become the first country in North America to launch a spot XRP ETF, raising hopes that the US may soon follow as key factors begin to align. Canada’s launch of the first-ever spot XRP ETF in North America may serve as a major catalyst for the US Securities and Exchange Commission (SEC) to consider approving a similar product. Here are the key reasons why this scenario is becoming increasingly likely. $BTC $ETH $XRP

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Trading is one of the things that is generating money in the world right now in fact, I would say it's my number one source of income, because nothing else gives me money like trading does. You too can learn things like futures trading, spot trading, forex, synthetics, and more even the ones I haven’t mentioned. Just check out exchanges like Bitget; they offer a smooth experience when it comes to trading. It's challenging, but with patience over time, you’ll see results. Don’t take it as a game, but remember, this is just advice it’s not compulsory.$BTC $ETH $BNB

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🚨TRADER BETS $2M ON ETH TO PUMP 30% BY JUNE END! 61,000 ETH call options at $3,200 and $3,400 were bought in a bold move on Deribit. Current price? $2,460. This whale knows something? 👀

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