$BTC Buyers Dominating Now 70% Chance Market will recover Do | Ihsana King on Binance Square

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$BTC Buyers Dominating Now 70% Chance Market will recover Don't make short Trade.
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$ETH Ethereum price is poised for a downleg if it closes below $2,125 Ethereum price found support around its $2,125 level on Saturday and rose 13.56%, closing above its daily resistance of $2,359 the next day. However, ETH erased its recent gains on Monday but found support around its $2,125 level the next day and recovered 3.65% by Wednesday. At the time of writing on Friday, it declines and approaches its $2,125 support level. If ETH declines and closes below $2,125, it could extend the decline to retest its weekly support level of $1,905. The RSI on the daily chart reads 35 after rejecting around its neutral level of 50 on Sunday, indicating bearish momentum. At the same time, its MACD also showed a bearish crossover last week, suggesting a downward trend. On the other hand, if the $2,125 level holds as support and ETH continues its recovery, it could extend the rally to retest its next resistance level at $3,000.

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Bitcoin price could bounce if the $85,000 support level holds Bitcoin price faced rejection around the $95,000 level on Sunday and declined 8.54% the next day. However, on Tuesday, BTC dipped below the daily support level at $85,000 but bounces and closes above it. This daily level roughly coincides with the 200-day Exponential Moving Average (EMA) at $85,759, making it a key support zone. At the time of writing on Wednesday, it trades slightly above at around $87,600. If the $85,000 level holds as support, BTC could extend the recovery to retest its Sunday high of $95,000. The Relative Strength Index (RSI) reads 41 and points upwards toward its neutral level of 50, indicating mild bearish momentum. The RSI must move above its neutral level for the bullish momentum to be sustained. Such a development would add a tailwind to the recovery rally. $BTC

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Pepe Price Forecast: PEPE bears target double-digit drop amid market weakness Pepe price is extending its decline on Tuesday after falling more than 18% the previous day. On-chain data shows that PEPE’s daily active addresses and trading volume are falling, indicating a bearish picture. The technical outlook suggests a further correction targeting a double-digit drop. Pepe (PEPE) price extends its decline and trades around $0.0000068 on Tuesday after falling more than 18% the previous day. On-chain data support the bearish outlook as PEPE’s daily active addresses and trading volume are falling. The technical outlook suggests a further correction targeting a double-digit drop. Pepe price broke below the ascending trendline (drawn by connecting multiple lows since mid-April) on Feburary 24. However, it retested this broken trendline on Sunday and faced a rejection, declining 18.12% on Monday. At the time of writing on Tuesday, it continues its decline, trading at around $0.0000068. If Pepe continues its downward momentum, it could extend its decline by 16% from its current trading levels to retest its August 5 low of $0.0000058. The Relative Strength Index (RSI) on the daily chart reads 33 after rejecting around its neutral level of 50 and approaching its oversold level of 30, indicating a strong bearish momentum. $PEPE

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Bitcoin Tumbles Below $83K as Crypto Market Sheds $1 Billion in Liquidations The price of bitcoin (BTC) plunged to $82,618 per coin as of 9 p.m. Eastern Time on Monday, marking a significant downturn in the broader cryptocurrency market. The total crypto economy has contracted by more than 12% against the U.S. dollar, now valued at $2.72 trillion. Bitcoin, Ethereum, and Solana Suffer Heavy Losses as Sell Pressure Mounts Bitcoin and its digital asset counterparts endured a turbulent session, with global trade volume reaching $175.84 billion—over 4% lower than the previous day, with a predominant share driven by sell-offs. BTC’s price bottomed out at $82,618 during the past 24 hours, and by 9 p.m. ET, it had edged up slightly to $83,634. Of today’s total global trading activity, $72.86 billion can be attributed to BTC volume alone. BTC has declined by 10.5%, while ethereum (ETH) has taken a steeper fall of 16.5%. Close behind, XRP has depreciated by 18.7% against the U.S. dollar. BNB has slipped by 10.2%, whereas solana (SOL) has suffered an even sharper decline at 21.3%. $BTC

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$XRP Bitcoin Plummets Below $80,000, Ethereum, XRP, Dogecoin Get Hammered As Crypto Crash Continues Bitcoin BTC/USD continues to tumble, falling as low as $78,433 in early Friday morning hours amid a record streak of spot Bitcoin ETF outflows. What Happened: According to data from SoSoValue, U.S. spot Bitcoin ETFs have seen $3.2 billion in net outflows over an eight-day period, matching the longest negative streak since their debut. This trend has resulted in a monthly net outflow of $3.65 billion for February, with only four days of net inflows recorded this month. The largest single-day outflow occurred on Tuesday, with a record $1.14 billion leaving these funds. BlackRock’s IBIT, the largest Bitcoin ETF by net assets, experienced its most significant outflow of $418 million on Wednesday. Thursday’s outflows moderated to $275.8 million, though potential easing of selling pressure was not reflected in the price of Bitcoin, which is trading around $80,345, down 6.9% at the time of writing. The entire crypto market capitalization has contracted by 8.7% to $2.76 trillion in the past day amid broader market concerns following President Trump’s aggressive tariff policies. $BTC

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