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Today’s analysis for BTCUSDT shows that the price is currently moving below a key descending trendline, indicating potential bearish pressure. The recent rejection from the trendline (highlighted by the red arrows) suggests that BTCUSDT may head lower, continuing its downward momentum. The price is trading around $61,000, and if it fails to reclaim the trendline...

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Looking at the XRP/USDT chart, we can observe that the price recently faced rejection at a strong resistance zone around $0.6270. The market has since broken below the ascending trendline, indicating a potential shift toward a bearish sentiment. Key Levels: Strong Resistance: $0.6270 Current Price: $0.5287 Support Target: $0.4199 Analysis: After failing to...

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The XRP/USDT chart is currently in a sideways consolidation pattern between $0.588 and $0.595, indicating a lack of strong directional movement. The price has remained within this range with a notable fake breakout below support, which quickly recovered. Key Technical Points: Support Zone: Around $0.588 Resistance Zone: Around $0.595 Fake Breakout: The dip below...

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The Bitcoin market, particularly BTCUSDT, continues to face downward pressure, even as Fed Chair Powell hints at further rate cuts. Currently, the price hovers around $63,500, and a cup-and-handle pattern seems to be forming. If this pattern plays out, BTCUSDT may see additional declines. Our short-term strategy remains focused on selling opportunities. Happy...

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The ETHUSDT chart shows Ethereum currently trading within a sideways channel, with support around 2,400 USDT and resistance near 2,750 USDT. After a slight recovery, ETH seems unable to break through this resistance level and is now turning downwards. Combined with uncertainty in the cryptocurrency market and macroeconomic factors, ETH is likely to continue...

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Hello everyone, let’s dive into today’s analysis of BTCUSD. Currently, this coin is showing signs of recovery after yesterday’s dip, which aligns perfectly with my earlier prediction. While there’s potential for a short-term rebound, the technical analysis still points to a bearish outlook for BTCUSD, with the established trendline continuing to hold strong. As...

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The chart shows that Bitcoin (BTC/USDT) is currently within a clear downward channel. With red arrows marking the highs and green arrows marking the lows, the bearish trend is still dominant. Bitcoin is experiencing a slight recovery after hitting resistance but may likely retest the support level around the $58,000 - $56,000 range. If it breaks below this support...

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ETHUSDT is currently testing a descending trendline, which has acted as resistance in previous instances, as shown by the two prior rejections marked by red arrows. The price is hovering near $2,650, with a potential move towards $2,740 if short-term bullish momentum continues. However, based on the chart pattern and market behavior, there is a high likelihood of...

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Bitcoin is currently priced at 64,444.91 USDT, showing a slight dip of 1.76%. It’s nearing a critical support zone between 63,000 - 64,000 USDT, which has held strong in the past. Moving averages still suggest an overall bullish trend despite the recent pullback. -Strategy: Entry: Look for a bounce in the 63,000 - 64,000 USDT support zone. Confirm a reversal...

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In the current BTCUSD chart, we can clearly observe a double bottom pattern, a classic bullish reversal formation. After touching a strong support zone around the 61,000 USD level (highlighted in green), Bitcoin's price bounced back and formed a lower peak before returning to the support zone once again to create the second bottom. This indicates strong buying...

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Currently, BTCUSDT is trading around 65,970 USDT, with strong support around 65,443 USDT and 65,200 USDT. The chart indicates that Bitcoin's price is consolidating within a narrow range and may form a correction zone before continuing its upward trend. Key factors: Support zone: 65,443 USDT and 65,200 USDT. Resistance zone: 66,400 USDT. Prediction: Upward trend:...

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Hello everyone, let’s continue to analyze trends and strategies together! Currently, BTCUSDT is hovering around the $65,000 level, gaining momentum after successfully breaking through the resistance at $64,500 in the short term. From a technical perspective, considering the trendline and the EMA 34, 89 indicators, I believe a buying strategy remains favorable in...

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Market Overview: The ETH/USDT pair is showing signs of strength after breaking the resistance level at $2,644. The recent cup-and-handle pattern, highlighted in red, suggests a bullish reversal pattern. The market has tested the resistance zone around $2,679.98 multiple times (as indicated by the red arrows), implying that the market is gradually gaining...

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SOL/USDT is showing a clear bullish structure, supported by a potential 5-wave Elliott pattern. After bouncing off the key support zone at $153.65 (Wave 2), it’s likely to continue its upward momentum. Entry: Consider buying near $153.65. Target: First target at $160 (Wave 3), with an extension toward $165 (Wave 5). Stop Loss: Place below $150.64 for risk...

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The SOLUSDT chart shows a bullish trend within an ascending wedge pattern. The price is currently approaching the resistance zone around 153.42 USD. After hitting this resistance, we might see a short-term pullback before a potential breakout occurs. Key Insights: The price has tested the upper resistance twice (red arrows), and a breakout above this level...

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ETH has experienced a downward move but found strong support around the 2,560–2,580 USD range, as shown in the chart. Despite the recent decline, the price has bounced from this support zone, signaling a potential reversal. The price is currently approaching the upper boundary of the descending channel, and if it breaks out, we could see a bullish...

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Based on the BNBUSDT chart, we observe that BNB has encountered strong resistance in the 610 - 615 USDT zone (marked in orange), where the price reversed after failing to break through. Currently, BNB is trading around 596 USDT and finding support in the 590 - 595 USDT zone (marked in blue). Technical Analysis: BNB may experience a short-term recovery from the...

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Based on the provided ETHUSDT chart, ETH is trading within a descending price channel, with strong resistance at the upper trendline. The price is currently hovering around 2,643 USDT and has failed to break through the upper resistance, indicating that buying pressure is insufficient to push prices higher. Technical Analysis: ETH has attempted to test the...