#BinanceHODLerSOPH
Market Performance
Collective Increase: Most cryptocurrencies experienced price increases during today's trading, led by Bitcoin, reflecting optimism among investors.
Bitcoin (BTC): The price of Bitcoin stabilized near its highest levels, surpassing $109,000, supported by increased institutional interest.
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🔻 Movements and Corrections
Correction Wave: Despite the positive momentum, the market experienced a correction wave during Tuesday's trading, where cryptocurrency prices dropped significantly due to correction actions.
Liquidation of Positions: The cryptocurrency market saw a liquidation of $221 million over the past twenty-four hours, affecting 85,525 traders.
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📊 Quick Technical Analysis
Bitcoin (BTC): The price is consolidating near $109,000, with traders monitoring market volatility.
Ethereum (ETH): Trading between $2,472 and $2,512. Breaking the resistance at $2,552 could push it towards $2,700 – $2,850, while breaking the support at $2,470 could lead to a drop towards $2,300 – $2,120.