The US has released ADP employment data, with 122,000 jobs, below the market expectation of 140,000, reaching its lowest level since August 2024.
As a result, S&P 500 futures are up 0.06% in the pre-open, and today's stock market is expected to focus on a rebound The US big tech companies show a mixed performance in the pre-open and have not yet exited the correction cycle.
The dollar index has risen to 109, leading to a further 0.6% depreciation in the domestic exchange rate, reaching 20.4. Therefore, the local stock market is expected to experience a day of consolidation and adjustments As for cryptocurrencies, South Korea is preparing a gradual removal of restrictions on cryptocurrency trading, which represents a new positive boost for the sector. Currently, the price of Bitcoin is around $95,000, and it is expected that with the flow of funds from the US stock market to ETFs, the price will rise above $98,000.
you are right. it's a fake bull price will come down again to 95k at least. I was watching it there was more selling on 102k but still BTC was not moving a single digit.
$POND /USDT is trading at $0.02348 on the 15-minute chart, showing a steady recovery after testing a low of $0.02090. The current rally is backed by rising volume and a bullish RSI of 69, indicating strong momentum. Immediate resistance is observed at $0.02380, with support holding firm at $0.02250. Enter near the current price to capitalize on the ongoing upward trend, targeting $0.02370 (TP1), $0.02400 (TP2), and $0.02430 (TP3). Set a tight stop-loss at $0.02220 to manage risk.
As POND approaches the resistance level, a breakout could lead to further upside. Adjust your stop-loss to breakeven after hitting TP1 to secure profits while positioning for higher gains. Keep an eye on volume spikes for confirmation of the trend.