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The $BTC CME Gap has been largely filled, although a small portion remains. While these gaps can be intriguing to monitor, it's essential to not overemphasize their significance, particularly when the price is trading at a distance from the gap.
#cryptotsunami
#CMEGap
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The altcoin market cap has been consolidating after its recent surge. The $840 billion level is crucial for maintaining momentum. If the market cap falls below this level, it could lead to a prolonged period of stagnation and potentially a gradual decline in many altcoins. This scenario might result in a slow summer for the altcoin market.
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Market Bears Nowadays #cryptotsunami
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$BTC reached $88,888, a level not seen in a while. The climb has been choppy, with local highs getting swept multiple times. The daily 200MA is at $88.3K, and holding above it after the daily close would be a positive sign. With the short-term trend up, the next challenge lies in overcoming the $91K resistance area. #BTCvsMarkets
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