Price is targeting $400โ$450 in the near term, with $1000 possible this year if momentum continues. Short sellers remain under pressure and risk liquidation as price holds strength.
Bias stays bullish โ favoring LONG positions on $ZEC and $RIVER while trend support holds.
Explanation: A 78% chance of a U.S. government shutdown next week signals high uncertainty, likely causing market volatility affecting stocks & crypto. Traders should brace for potential riskโoff moves.
๐บ๐ธ๐ฅ #TRUMP Claims China Could โTake Overโ Canada! ๐จ๐ณ๐จ๐ฆ
๐ฃ๏ธ What Happened: Trump warned that if Canada deepens trade with China, the U.S. could face economic fallout. He threatened 100% tariffs on Canadian goods, claiming China could โeat Canada alive,โ hurting businesses and society.
๐ Why It Matters: Canada: Only resolving specific tariff issues, not pursuing a full China trade deal. U.S.โCanada Relations: Tensions rising between long-time allies.
Global: Geopolitics and NATO concerns add fuel to the rhetoric.
๐ง Quick Take: Trumpโs statements are political hyperbole more than literal threats.
A 100% tariff is disruptive but not official policy yet. Canada insists itโs following trade agreements; China โtakeoverโ claims are exaggerated.
From the chart you shared: Strong momentum: +33% today with a clean breakout above 75โ78. Volume is high, buyers in control โ bullish bias stays intact. Immediate resistance: 80โ82 (needs acceptance above this first) Scenarios
Bullish continuation: If price holds above 78โ80 with volume Then 90 is realistic, and 100 becomes possible only with a momentum spike / squeeze
Pullback first Rejection near 80โ82 Healthy retrace to 74โ76, then continuation later Key levels to watch Support: 75 / 72 Resistance: 80 โ 90 โ 100
$RIVER continues to hold a strong daily uptrend with no major selling pressure or supply rejection yet. Price structure remains bullish, suggesting further upside if momentum holds.
Support Holding, Breakout Setup $AUCTION is holding its support zone firmly. Selling pressure remains weak, and price continues to stabilize instead of breaking down โ a bullish sign.
When price behaves like this at the base, upside moves often come fast.
#ETH has confirmed a bearish breakdown, signaling strong downside momentum. ๐ฏ Target: $2,200
Price has lost key support and is showing continuation to the downside. Selling pressure is increasing, and structure favors further decline in the short term.
โ ๏ธ Momentum + structure both support a bearish move. Risk management is key. Also keep an eye on: ๐ป $SOL ๐ป $RIVER