Russia plans to implement a year-round ban on crypto mining | Bit_Rase on Binance Square

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Russia plans to implement a year-round ban on crypto mining in Buryatia and Zabaykalsky Krai starting in 2026.What might this trigger?
Recall how China’s mining crackdown caused a sharp #BTC  price drop.
$BTC 
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$XLM Longs Flushed, Support Being Tested $XLM saw a long liquidation around $0.21536, which means late buyers were forced out after price failed to hold short-term support. This type of move usually clears weak hands and sets the stage for either consolidation or a technical rebound. EP: $0.212 – $0.216 TP 1: $0.223 TP 2: $0.236 TP 3: $0.255 SL: $0.205 As long as $XLM holds above $0.21, recovery attempts remain valid

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$HFT Leverage Reset After Long Liquidation $HFT experienced a long liquidation near $0.02788, showing that bullish positions were overcrowded at higher levels. This flush reduces leverage and can create a cleaner structure if buyers step back in calmly. EP: $0.0272 – $0.0281 TP 1: $0.0302 TP 2: $0.0338 TP 3: $0.0385 SL: $0.0259 $HFT needs to hold above $0.027 to avoid further downside pressure

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$ZKJ Weak Longs Removed, Base Formation Needed $ZKJ saw a long liquidation around $0.03925, indicating that upside momentum stalled and buyers exited under pressure. Price now needs time to build a base before continuation. EP: $0.0380 – $0.0395 TP 1: $0.0428 TP 2: $0.0475 TP 3: $0.0550 SL: $0.0358 If $ZKJ holds above $0.038, bounce setups remain possible

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