Market Divergence: There is a warning regarding “leverage-based reliability.” The recent price spike has been driven more by derivatives trading (perpetual futures) than by accumulation in the spot market. This means the price is vulnerable to a sharp correction if leveraged positions begin to be closed en masse.



Nearest Support ($76.159): If today’s morning correction continues, the $76.159 level (a former resistance that has now turned into support) must hold to maintain the bullish structure.

Strong Support ($74.400): This area remains the main accumulation zone if there is a deeper market shakeout.

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