News list for " resistance level"
Gold above the attention of the two major resistance levels, the United States refers to the end of this round of rally? Pound the United States pay attention to this resistance, Europe and the United States focus on this point of gain and loss... Click to view...
The US index broke through the resistance level smoothly, but short-term overbuying may generate pullback demand. Investment banks said that strategically, they continue to maintain a bearish stance on the euro, with the goal of achieving parity.
The six-figure mark is a strong resistance level and psychological selling point. However, even if the correction deepens, analysts still expect bitcoin to break through $100,000 this year.
IntoTheBlock monitors that Ethereum is facing a key resistance level at $3,500, and since July 16, Ethereum (ETH) has been struggling to break through the resistance level at $3,500. A major factor contributing to this challenge is that 3.13 million addresses bought ETH at an average price of $3,547. These addresses are holding at a loss, increasing selling pressure and making it difficult for ETH to break through this key level.
OnChain analysis said that on-chain data showed potential resistance to Bitcoin at $65,000, with June's decline reversing May's rally, mainly due to miner selling and concerns that ETF inflows represent non-directional arbitrage bets rather than outright bullish bets. It is worth noting that this decline has kept the price well below the widely tracked short-term bitcoin holders (i.e. the cost of storing a wallet for 155 days or less).
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