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The market just sent a serious message. That single hourly candle represents a brutal -4.50% drop, wiping over $4,000 off the price of Bitcoin in minutes.
We’ve officially sliced through the key psychological $90,000 support level.
💭 What to Watch NOW:
1. The $86K Test: The chart shows the price wicking deep into the $86,000 area. This is a critical demand zone. The next few hours determine everything. 2. Hourly Close: If the candle manages to close strong and reclaim anything above $87,000, we could see a quick relief bounce back toward $90,000. 3. The Danger Zone: A sustained close below $85,000 opens the door for a much deeper correction toward the $82,000 mark.
This isn't a time for panic, but for precision. Liquidity was just hunted.
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ETH is currently trading around **$3,034**, up **+1.51%**, showing signs of gradual recovery after the recent dip. On the 4H timeframe, price is forming a steady **higher-low structure**, indicating early bullish momentum building up.
🔹 Strong Support Zone: The major support sits near **$2,600**, where buyers previously stepped in aggressively and pushed the price upward. As long as ETH stays above this zone, the structure remains healthy.
🔹 Current Price Action: ETH is consolidating around the **$3,030–$3,050** level. This tight sideways movement suggests the market is waiting for volume before deciding its next move.
🔹 Key Resistances Ahead: Two major resistance blocks are visible:
$3,600 – $3,700 $4,200+ zone
These areas have acted as strong selling zones before, so ETH needs solid momentum to break them.
🔹 Outlook: If ETH breaks above the $3,100 resistance, it could trigger a stronger move toward the $3,300–$3,600 zone. However, rejection here may send price back into the $2,800–$2,900 demand area.
💬 What’s your next move on ETH — buying dips or waiting for the breakout?
BTC is currently trading around $91,487, showing a steady +0.72% push from recent lows. On the 4H timeframe, the price is forming a clean series of **higher lows**, indicating a quiet but healthy bullish buildup.
🔹 Key Support: The major support sits around **$80K**, where buyers stepped in strongly and reversed the previous drop.
🔹 Current Price Action: BTC is consolidating just above **$91K** with low volatility. This zone is acting as a short-term base — a potential launch point if momentum increases.
**🔹 Resistance to Watch: A big resistance block lies in the **$108K–$112K** area. This zone previously triggered strong sell-offs, so a breakout above it would signal real strength.
🔹 Outlook: As long as BTC stays above $88K–$90K, the bullish structure remains valid. A clean breakout above **$92K–$93K** could open the door for a bigger upside move.
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