$BTC price action summary for today
they're calling it choppy price discovery lol.
that wasn't discovery. that was a textbook liquidation playbook for your #trading account.
first, the long, ugly chop at the lows, designed to bore you into a false sense of security for #bitcoin .
then, the sharp, aggressive pump, engineered to liquidate every early short on #BTC and bait the FOMO longs.
next, the slow, painful distribution at the top, where they patiently sell their bags to the wave of new 'believers'.
and finally, pulling the plug. a vertical, soul crushing dump to wipe out everyone who bought the top.
you weren't participating in the #crypto market, you were the fuel.
UNI Token Slides 21.5% From June Highs Amid Market Volatility, Trading Volume Nears $700 Million
Uniswap (UNI) is currently trading at $6.840 on Binance, reflecting a 4.35% decline over the past 24 hours from a 24h open of $7.151. The recent price drop is primarily attributed to a sharp market correction following UNI’s rally earlier in June, where the token surged over 70% from its April lows and broke key resistance levels. After reaching a high of $8.68, profit-taking and increased market volatility contributed to the pullback, as highlighted by a 21.5% decline from June highs. Despite the short-term bearish sentiment, UNI maintains strong trading activity with a 24-hour volume between $628.96 million and $696.5 million, and a market cap of approximately $4.29 billion. The launch of the Web3SOC security and governance framework by Uniswap Labs and partners may support long-term institutional confidence, but recent price action is driven by technical corrections and broader market volatility.
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SEI Token Surges 15.99% After Wyoming Stablecoin Partnership, Tops Daily Gainers With $441.7M Volume
SEIUSDT experienced a significant price increase of 15.99% over the last 24 hours, with the current price at $0.2227 (Binance data), driven primarily by the announcement that SEI was selected by the Wyoming Stable Token Commission as one of two blockchains to support the state-backed WYST stablecoin. This development, alongside strong network performance in recent tests and growing institutional and DeFi interest, contributed to increased trading activity and bullish technical signals, including a breakout from recent consolidation and a surge in trading volume to $441.7 million. SEI’s market capitalization now stands at approximately $1.26 billion, and the asset leads the crypto market as the top daily gainer, reflecting renewed investor optimism and momentum following the Wyoming stablecoin partnership.
⚡ $ETH /USDT – Ethereum Eyes Resistance, Momentum Building Up! ⚡
📍 Current Price: $2,403.57 (+0.87%)
🔼 24h High: $2,448.80 | 🔽 24h Low: $2,376.14
📊 Volume: 371,551 ETH | $898.80M USDT
📊 EMA Breakdown
– EMA(7): $2,419.74
– EMA(25): $2,437.09
– EMA(99): $2,489.53
🎯 Trade Setup: LONG
• Entry: $2,400
• TP1: $2,445 | TP2: $2,475 | TP3: $2,520
• SL: $2,360
🔥 Consolidating near support with upside potential – bulls watching $2,450 breakout level.
ETH could make a sharp move if volume kicks in.
$ETH
{spot}(ETHUSDT)
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$WCT
{future}(WCTUSDT)
BTC dominance is very close to hitting another high this cycle.
ETH pumped, GENIUS Act was approved, Altcoin ETFs probability went up.
But in the end, none of these marked the top for BTC dominance.
We entered into another war scenario, and risk-on assets crashed like penny stocks.
In Q1, tariffs ruined Altseason.
In Q2, war ruined Altseason.
I hope we don't get another black swan event in Q3, otherwise there'll be no Altcoin holders left.
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📈 Today’s Market Snapshot & Insights
Indian markets surged:
On June 20, the BSE Sensex jumped around 1,046 points (+1.29%) to close near 82,408, while the Nifty 50 climbed roughly 319 points (+1.29%) to 25,112 .
Key sectors like banking, autos, metal and power led the charge .
What triggered the rally:
Easing geopolitical tensions and global positivity—especially signals from Iran–Israel relations and U.S. stance—helped fuel investor confidence . Add in strong domestic earnings and RBI’s policy support, and the buying momentum is clear .
Volatility tamed:
India VIX dropped about 4%, signaling calmer markets and a better backdrop for continued risk-on flows .
The near-term outlook:
Market strategists remain upbeat. A Reuters poll projects Nifty to reach ~26,500 by year-end despite valuation concerns .
Meanwhile, experts like Kush Gupta suggest focusing on equities—especially banks, capital goods, and autos—along with short-term debt to optimize returns .
Pakistan’s market update:
On June 20, the PSX KSE‑100 index ticked up by about 20.65 points, remaining slightly positive amid regional dynamics .
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Let me know if you'd like a paraphrase of another post or want consistent daily market summaries like this!
#Write2Earn