$BEL 0.4642 I feel the above price is resistance for bel bu | ifti crypto News on Binance Square

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Bullish

$BEL 0.4642
I feel the above price is resistance for bel but once it break the price may surg.

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BEL

0.2666

+4.10%

567

0

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#TrumpVsMusk #btc #eth The crypto market is experiencing a significant downturn today, June 6, 2025, 1.Heavy Liquidations and Overleveraged Positions: Nearly $1 billion in liquidations, with 90% being long positions, have triggered a cascade of forced sales. This is largely due to sharp drops in major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL), hitting overleveraged traders hard and amplifying volatility. Historically, such high liquidation events often mark short-term market bottoms within 1-3 days. 2. **Musk-Trump Public Feud**: A highly publicized spat between Elon Musk and Donald Trump has rattled investor sentiment, contributing to a risk-off environment. This drama, coupled with a 17% drop in Tesla's stock price, has fueled panic selling across crypto markets, as investors perceive heightened uncertainty. 3.Whale Sell-Offs: Large investors (whales) have offloaded significant holdings, including 917 BTC ($94.3 billion) and 26.67 million XRP to Coinbase Institutional, signaling bearish moves. Additionally, 2.86 trillion Shiba Inu (SHIB) tokens were dumped, further pressuring prices. Such large-scale sell-offs to exchanges often indicate intent to liquidate, exacerbating the downturn. 5. Technical Weakness: Technical indicators show weakening bullish momentum, with Bitcoin and Ethereum failing to hold key support levels. For instance, Bitcoin dropped to around $97,000 before a slight recovery, and technicals suggest bears are in control, with cascading stop-loss orders adding to the downward pressure. These factors—liquidations, high-profile FUD, whale activity, macroeconomic headwinds, and technical breakdowns—have converged to create a perfect storm, leading to a market-wide sell-off. However, some analysts note that such corrections can set the stage for recoveries, as seen historically after heavy liquidations. Always conduct your own research, as crypto markets are highly volatile and influenced by multiple unpredictable factors. $BTC $ETH $XRP

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$BEL today we witness green candles but still I like to warn all of you, don't open long now. wait for the price to reach 0.41 or above. and also check the $BTC dominance in the market .

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$BEL I've repeatedly warned that this coin targets longs. Yet, whenever we see two green candles in the market, people get excited and start buying. My advice is to wait and let the price reach to at least 0.42 price level. Given the current economic slowdown in the US, it's wise to be patient. Don't forget to take breaks and enjoy the ride.

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$BEL the lequidtion indicates a sharp drop in the price to hunt the long .

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$BEL a sharp drop is except in 24 hours. do no take position before the price reach 0.41 or above .

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