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MARKET UPDATE: $SUI SUI is moving upward, supported by an ascending trendline and forming consistent higher lows. Price is now approaching the key $4.40 resistance zone, which has acted as a strong barrier in the past. A decisive breakout and retest above $4.40 could open the way for a strong bullish continuation, while another rejection from this level may lead to a pullback toward the trendline support.
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MARKET UPDATE: BTC DOMINANCE BTC Dominance has dropped to 60.2%, now testing the lower trendline support in 1W multi-year ascending channel. If this level holds, we can expect toward 62–64% is likely, which could flow liquidity back into the Bitcoin. And a breakdown below 60% could accelerate ALTs performance.
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MARKET UPDATE: $ETH $ETH smashed $4,400, breaking out of its multi-year descending resistance. As long as it stays above the $4,400 breakout zone, we can see the rally again.
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Bitcoin Liquidation Update: 🔹We can clearly see a large amount of liquidity sitting at $121k. 🔹The CPI data is coming around 6:00 PM, which will bring significant volatility. 🔹The expected figure is 2.8%, which is bearish. 🔹However, if retail traders are expecting a dump due to higher inflation, market makers may push the price higher to hunt that liquidity. 🔹A good long from lower levels could be a solid option. 🔹Keep an eye on it.
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