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🚨 "Israel-Iran Ceasefire Revives the Market: Surprise Surge in Bitcoin and Ethereum Today!" 🚀
📅 June 23, 2025
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📈 Why this sudden shift now?
On the evening of June 23, a two-phase ceasefire agreement between Israel and Iran was announced, ending 12 days of tension and restoring confidence in the markets.
This event propelled Ethereum up by +8.6% in the last 24 hours, rising from ~$2,230 to $2,423.
Meanwhile, Bitcoin regained its strength, surpassing the $105,000 barrier after a sharp correction last week.
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🧠 Quick Technical Analysis:
BTC surpassed the resistance level at $104K–$105K, which is a strong indicator of the potential for a continued rise towards $108K–$110K if buying momentum persists.
ETH showed a clear breakout after a fragmented cup, with a price retracement opportunity towards $2,500 if it stays above the $2,400 level.
The Fear and Greed Index (37) remains at a cautious level, indicating that there is still potential for further price increases.
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🎯 Suggested Strategy:
For the conservative: You can start by placing a small portion at a stop price level below $104K and/or $2,400, with a move to breakeven later.
For the risk-takers: Wait for a clear breakout of the new levels, and maintain profit-taking in the range of $108K–$110K and/or $2,500.
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in #Ethereum #CryptoRally Bounce #Binance
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