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#ETH🔥🔥🔥🔥🔥🔥 Ethereum has staged a technical rebound following last week’s sharp correction, with prices recovering from the $2,200 region back above the $2,400 mark. While this move shows strength, the context around it paints a more cautious picture. ETH remains under pressure from macro uncertainty and weakening bullish momentum across altcoins. Current price action suggests the bounce may be short-lived unless key resistance levels are reclaimed with volume and conviction
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Bitcoin (BTC) was invented by a pseudonymous individual or group named Satoshi Nakamoto in 2008 and is the world’s first enduring cryptocurrency that succeeded where decades of digital cash experiments failed. Bitcoin’s monetary policy is enforced through a unique blend of software, cryptography and financial incentives rather than the whim of trusted third parties. The Bitcoin network is powered by a cryptographically secure, verifiable database called the blockchain — itself a technological phenomenon. The Bitcoin ecosystem consists of a global network of stakeholders, including the miners that secure the network and drive the issuance of the Bitcoin currency, the traders who speculate on this radically market-driven asset, and the builders working to onboard people to the cryptocurrency paradigm. At Cointelegraph, we are chronicling the ongoing story of Bitcoin and the rise of a borderless, permissionless financial system. What has changed since Satoshi wrote the Bitcoin white paper? How is Bitcoin trading developing over the years, what are the best ways of investing in Bitcoin, and how do Bitcoin futures influence blockchain adoption? How will industry stakeholders work to make Bitcoin a mainstay in people’s lives, and will incumbent and legacy systems accept or fight this change? #btcnews
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A brutal liquidation tsunami was sparked by Bitcoin’s climb above $107,000, with an unprecedented short-to-long imbalance of 11,060% recorded in just one hour. ⬇️ ADVERTISEMENT During that period, BTC saw $7.11 million in liquidations — $7.05 million from short positions alone, while losses on long positions barely reached $63,740. The rebound was fast and unforgiving, hitting traders who had bet against a breakout after days of sideways chopping.
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is it possible...??
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#IsraelIranConflict Crypto market volatility rises in reaction to Israel’s attack on Iran, but the technical setup suggesting that the uptrend still remains intact.
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