ETH momentum finally shifting from sell side to a neutral zone, as RSI and price behaviour are now perfectly aligned with hidden bullish momentum. ETH just need to flip back above 50ma and ETH relief towards 2200-2300 volume resistance zone will be confirmed. Keep your eyes on ETH as returns in bearish market behaviour is going to be great.
ETH momentum finally shifting from sell side to a neutral zone, as RSI and price behaviour are now perfectly aligned with hidden bullish momentum. ETH just need to flip back above 50ma and ETH relief towards 2200-2300 volume resistance zone will be confirmed. Keep your eyes on ETH as returns in bearish market behaviour is going to be great.
Reviewing the latest crypto market data, total liquidations over the past 24 hours reached $376.94 million, affecting 101,515 traders. The most significant single liquidation order involved Hyperliquid-BTC, valued at $18.85 million. 📈📉📊 This data provides insights into recent market volatility.
The S&P 500 is rebounding from the support trendline of the rising wedge pattern, with the Ichimoku Cloud acting as support and indicating strength.
A breakout above the resistance trendline could lead to a new all-time high however, rejection at resistance may result in a pullback. Keep an eye on further price action developments.
Given its close correlation with the crypto market, the S&P’s next move will be crucial in determining broader risk sentiment, making this a key level to monitor closely.