Crypto Markets Rebound After Binance Selloff; Bitcoin Faces Key $34K-$38K Range
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Traders bought the dip after initial Binance news selloff, suggesting continued bullish sentiment. Key levels to watch are $34,800 support and $38,000 resistance for Bitcoin.
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Ethereum facing resistance at $2,137, but holding above $1,880 support. Break above resistance could signal rally to $2,200.
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BNB defended $223 support, now aiming to break back above 20-day MA. Rangebound action likely between $223 and $265.
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Solana faced rejection at $59 resistance again. Vital support at $48, below which price could nosedive to $37.
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Avalanche rebounded from 20-day MA support. Bulls to reattempt breaking $22 resistance, which could open way to $30.