MARKET UPDATE – 👀

$BTC rejected right at $79,450 (last week’s high) this morning and has moved lower to test demand around the $77.5K area. This move also means #BTC has now closed the CME gap left from the weekend price action, and price is holding that level for now.

If we get a retest of $78.5K–$79K today, it’s likely to act as resistance.

I’m still watching for a break above last week’s high to set up a short-term push back above $78K. But for that to happen, demand in the $77.5K–$77.3K zone must hold. For now, we’ll see how the Monday range develops and aim for another strong week of trading.

#ETH🔥🔥🔥🔥🔥🔥 #bnb

BTC

77,463.98

+1.85%

ETH

2,286.81

+1.24%

BNBUSDT

Perp

619.28

+0.52%