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has once again tested the resistance area and was rejected from it. The price was unable to close above the $106,700 level, which is essential to reclaim for a bullish sentiment.
$BTC
#btc
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$CKB analysis: The price is currently trading within a downtrend channel and is reacting to the established support and resistance levels. It has tested the lower support line, and we may see a movement toward the resistance line in the coming days. Consider opening a long position near the support area, but be sure to set a tight stop loss. Support Area: $0.003780-$0.003850 #ckb #TrumpVsMusk #MarketPullback #CircleIPO #CUDISBinanceTGE
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If Accumulation is Rising, Why is BTC Still Falling? While accumulation is slowly returning and distribution by weak hands has eased, it's not yet strong enough to overpower the ongoing profit-taking pressure from long-term holders. These older holders, sitting on significant gains, are realizing profits, creating a supply overhang that caps upward momentum โ at least for now. Until demand from new buyers or conviction accumulators significantly outweighs this sell-side pressure, Bitcoin may remain under short-term bearish pressure despite underlying bullish signals. $BTC #TrumpVsMusk #BinanceAlphaAlert #btc
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$BTC Bitcoin experienced a significant drop yesterday due to the dispute between Elon Musk and Donald Trump. The price fell below the $103,000 support level and nearly reached the key $100,000 mark. Currently, the price is attempting to reclaim the $103,000 level. A sustained upward trend is likely if it closes above this level; otherwise, we may see a decline toward the $101,500 to $102,000 range. #btc #TrumpVsMusk
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$EIGEN analysis: The price has been rejected multiple times from the resistance area, creating a no-trade zone. We are now waiting for a clear direction. We will open long positions only if the daily candle closes above the $1.65 level. Let's observe the price action for further confirmation. #eigen #eigen #TrumpTariffs
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$ATM has bounced from the support area and is now retesting it. You can open a long position at the support area with a tight stop loss below the $1 level. A bounce is expected after some accumulation. Support Area: $1.060-$1.090 #atm #BlackRockETHPurchase
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