๐จ Bitcoin, Ethereum, XRP Pull Back โ Profit-Taking Sparks Decline ๐
After a monster rally, the crypto market sees a cooldown. Hereโs whatโs happening:
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๐ต Bitcoin (BTC)
๐ฅ Hit ATH of $123,218 on Monday
๐ Now down 2%, trading near $108,000
๐ Exchange Netflow spikes positive โ traders moving BTC into exchanges โ profit-taking signal
๐ง Support to Watch: $111,968
๐ Bullish Trigger: Daily close above $120K could reignite momentum to re-test ATH
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๐ฃ Ethereum (ETH)
๐ Tapped resistance at $3,000 โ now down to $2,971
๐ Profit-taking follows 8.6% rally since $2,724 breakout
๐ง Support to Watch: $2,724
๐ Upside Target: Daily close above $3K could launch ETH to $3,730
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๐ข XRP
๐ฅ Briefly broke $3 on Monday
๐ Slipped to $2.88, down 3%
๐ง Support Zone: $2.72
๐ Upside Potential: Daily close above $3 may send XRP to $3.40 (Jan 16 high)
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๐ Key Takeaways:
โ Short-term pullback = natural after ATHs
โ Traders are booking gains; whales moving coins to exchanges
โ Still bullish long-term โ but watch daily closes for trend confirmation
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๐ฌ Are you buying the dip, or waiting for a deeper correction?
#BTC120kVs125kToday #XRPUpdate #CryptoCorrection #USCryptoWeek
