ETHBTCETHUSD did ETHBTC finally bottom? Been eyeing this support line for quite sometime and we finally wicked below it.
It's possible we finally get a bounce here, but ETH still showing weakness on most timeframes with RSI readings < 50. The daily looks like it could go for a push here.
Binance and KuCoin experienced temporary downtime today due to a network outage at AWS data center. Services were disrupted but are now recovering. No user funds were compromised. MEXC and others were also affected.
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BTC just mopped the floor with both longs and shorts— everyone got rinsed, no favorites! 😂
But it's not done yet… there's still 104M waiting at 85,950 and 114M chilling at 82,800. Liquidity snacks still on the menu!
--------------------------------------------------------------- Disclaimer: Liquidity levels are potential magnets, not guarantees. This ain’t financial advice, it’s just chart gossip. 📉
The CME gap has now been filled, and BTC is facing rejection at the key 84,500 resistance zone. A confirmed breakout above this level could open the path toward the next resistance at 88,530.
A potential inverse Head & Shoulders pattern on the monthly timeframe. The neckline has been retested and is holding strong. If this structure continues to hold, BTC is highly likely to target the 125,500 level.
Disclaimer: Always do your research before making any investment decisions.🤞