ETH Cracks $2,100 in Bitcoin’s Wake as Bearish EMA Stack Deepens; Sellers Target $1,900 on Rallies 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
Ether Breaks Below $2,100: Triple EMA “Sell-the-Rally” Setup Targets $1,900 
FxWirePro- Major Crypto levels and bias summary 
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates 
Bitcoin Cracks $75K as $1.3B ETF Exodus and Middle East Jitters Spook Bulls; Bears Eye $70K 
Key Level to Monitor: $545
The BNB/USD pair lost its shine and declined sharply due to profit booking.A closing price below $545 confirms further bearishness.
Currently, BNB/USD has declined by more than 10% and showed a minor pullback, with the momentum now bearish, prices staying below the 34 and 55 EMA on the 4-hour chart. If the pair closes below $545, potentially leads to further declines towards $540, $528, $500, and possibly down to $470.
Immediate Resistance is at $585. A successful breakout above this resistance could suggest bullish momentum, with further gains possible towards $600/$615/$647 or even $700, should it surpass $725.
Indicators (4-Hour Chart)
- Directional Movement Index: Bearish
- CCI (50): Bearish
Trading Strategy
Consider buying on dips around $550, with a stop-loss set at $528 and a target price of $585/$600.
