#GT #BTC #XRP #ETH #DOGE ๐Ÿ’ธ๐Ÿ’ฐ๐Ÿ“Š๐Ÿš€๐ŸŒ๐Ÿ’ฏ๐Ÿšจ๐ŸŽฏ


๐Ÿ“Š Market summary today

Bitcoin (BTC) is currently trading at ~105,320 USD, down 2.2% over the past 24 hours. It recorded a high of 108,376 and a low of 103,081 USD.

Ethereum (ETH) at ~2,548 USD, down about 8% over 24 hours, with a high of 2,768 and a low of 2,465 USD.

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๐Ÿงญ The main reasons for the price decline

Deterioration due to geopolitical tensions: An Israeli attack on Iran triggered a wave of "risk-off," causing BTC to drop to below $103,000 and Ethereum to around $2,500.

Significant liquidity across the market: 98 out of 100 major cryptocurrencies are experiencing a decline, with a drop in liquidity and total market value by about 6% (~3.38 trillion).

Technical factors: Breaking important technical support levels, such as Bitcoin breaking below the 200-EMA on the 4-hour timeframe (~104,557) and Ethereum's drop from $2,770 to $2,530.

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๐Ÿ”ง Quick Technical Analysis

Bitcoin is retesting the support area between 102,000โ€“103,000, signaling the possibility of further decline towards 100,000 if this range is lost.

Ethereum is facing strong resistance between 2,740โ€“2,760, with an expectation to retest the area between 2,480โ€“2,500 before attempting to launch again towards 3,000+ dollars.

The market risk index ( indicates a dominance of risk aversion, with strong short positions around the level of 102 for BTC.
GT1,15%
BTC-0,85%
ETH0,3%
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