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Why market down?
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🧠 Ethereum is preparing for its post-quantum future with the "Lean Ethereum" plan. Justin Drake unveils a 10-year roadmap to enhance the security, scalability, and independence of the network. Focus on this ambitious vision👇 #ProjectCrypto
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🛑 $BTC to $125k and ⟠ $ETH to $5k #Cancelled ❌? JUST IN: 🇺🇸 Federal Reserve leaves interest rates unchanged, remains at 4.25\% - 4.50\%. 💥 Interest rate cut this July would have propelled another bullish run on BTC and Altcoins, but that didn't happen. ✅ What do you think is next for Crypto market? #BelieveInSomETHing #Base #FOMCMeeting #EthereumTurns10 #ETHCorporateReserves
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BTC short-term support 116900, short-term bearish, resistance 119500 The Ethereum daily support is at 3560, short-term support at 3530, and resistance at 3650 and 3750. Although it is already in a downtrend, the pullback is limited and should only occur around next week; otherwise, the weekly support near 3080 will have too much volatility. $BNB
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The price movement of Ethereum (ETH) has formed a clear channel, worth following closely by investors. Currently, the price of ETH has risen above the channel, and a pullback may occur around $3700 or $3750. From a technical analysis perspective, ETH is currently in the second wave pullback phase of a three-wave downward pattern, while Bitcoin (BTC) has entered the third wave. This price movement suggests that BTC is unlikely to fall below $11,500 in the short term, and at the same time, ETH is also unlikely to break through its previous all-time high. If ETH were truly to continue its prior independent market trend, it would have likely already surpassed the previous high and would not be waiting until now. Looking ahead, the price movement of ETH may develop as shown in the figure. Meanwhile, BTC is likely to continue consolidating for a period within the current range. Investors need to fully consider these technical factors when formulating trading strategies to avoid blind operations that could lead to unnecessary losses. It is worth noting that the cryptocurrency market is volatile, and investors should remain vigilant, always following market trends and adjusting their investment strategies in a timely manner. At the same time, it is important to recognize that technical analysis is only one of the reference factors for decision-making, and a comprehensive market analysis should also take into account fundamental factors and the macroeconomic environment. #CryptoClarityAct
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