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BaidenCyrus
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BTC
closed the weekly candle with a rejection candle and now its retracing back to the a strong resistance area. Its time to see if we can get some break of that zone and break of $111,000 is important too.
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The Fusaka upgrade is today. $ETH
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The $ETH Fusaka upgrade will enable validators to manage transaction sequencing for the Layer-2 network, boosting economic activity and potentially increasing MEV and rewards for ETH stakers.
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$BTC has reached a major resistance zone. A reclaim of the $93,000-$94,000 zone will push Bitcoin towards $100,000. If Bitcoin gets rejected, it'll drop towards the $88,000-$89,000 level.
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REMINDER!!! $ETH FUSAKA GOES LIVE TONIGHT 🚀 Mainnet activates at 21:49 UTC (slot 13,164,544). #ETHFusaka
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$BTC could test the 102k area, but current market behavior indicates that the move is likely a liquidity sweep targeting resting buy orders above recent highs. Buy-side liquidity remains weak, and there is little evidence of aggressive initiators stepping in. Although seasonal patterns sometimes support a December rally, the present market structure, lower highs, lower momentum, and declining open interest. Suggests limited upside follow-through. With the downtrend intact, risk management is essential. The advantage, however, is that these conditions often create precise intraday opportunities, which we saw yesterday. #BTC $BTC
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