Hate rate alone has seen an increase of 8% over the last 7 d

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Hate rate alone has seen an increase of 8% over the last 7 days. Miners are bullish on BTC and accumulating BTC because of the BTC halving event. This is good for Bitcoin network security and decentralisation.

Hate rate alone has seen an increase of 8% over the last 7 days. Miners are bullish on BTC and accumulating BTC because of the BTC halving event. This is good for Bitcoin network security and decentralisation.

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FLOW analysis: Price broke through the resistance level and retested it, indicating a potential move towards the next resistance area. Consider opening long positions if the price drops to the support level. Support Area: $0.707-$0.74 Resistance Area: $0.947-$0.981

SUI moved as expected and tested the resistance area. The long position gave more than 30% profit from the entry point. You can book some profit here and hold the rest with tight stop loss. A break above the resistance area will send the price towards the $0.90 level.

Bitcoin is currently experiencing a period of low volatility, with no clear indications of a breakout in either direction. The good thing is price is able to hold the support levels.

SUI analysis: Price has been rejected from a resistance area and is now testing a support area. We anticipate a bounce from the support area and suggest opening a small long position with a tight stop loss. Support Area: $0.575-$0.60 Resistance Area: $0.71-$0.74

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