Bitcoin trades near $121.6K, testing major resistance at $126K. Analysts watch for a breakout or correction as futures open interest stays high.
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Binance data shows that Bitcoin's emotional index is climbing sharply.
Some analysts view the current correction as an opportunity.
Altcoins could rally as Bitcoin consolidates, but overleveraging may trigger cascading liquidations.
Major rally or the end of the bull run: what is next for BTC?
The liquidations are up to $250 million in just an hour.
ZEC is the top gainer in the past week, while BNB flipped XRP.
XRP trades near $2.83 as bullish momentum builds. Charts show rising RSI, price compression, and a $4 breakout target in focus.
Bitcoin's rejection from the $125K liquidity pocket has initiated a healthy pullback toward the $120K region. The move appears corrective rather than impulsive, ...
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