HYPEUSDT on the 30-minute timeframe is showing a symmetrical triangle breakout after an extended period of price compression. The breakout has occurred above the descending trendline, indicating a potential shift in short-term market structure. The current price is trading around 71.25 USDT, remaining above the breakout zone. Holding above the former triangle resistance could help…
After some of the most bearish weeks in recent crypto history, is now breathing a sigh of relief. Bitcoin has staged a pump to the $62,000 mark for the first time in more than a week. Bitcoin price rally was fueled by a perfect storm of fresh macroeconomic data, massive institutional inflows, and a brutal…
Market Overview The crypto market is continuing its recovery, which coincided with the start of the calendar month. Market capitalisation has reached $2.14T, up from a low of $2.02T at the start of 1 July. Buying is taking place across the board. Amongst the individual performers over the last 24 hours, the leaders were (+13.1%),…
Yesterday’s softer U.S. payroll report triggered a broad U.S. dollar selloff, sending USD/CAD lower. From a macro perspective, this looks more like a corrective move than a trend reversal. Bullish Drivers Weak oil prices continue to limit Canadian dollar strength. Fed–BoC policy divergence remains supportive of USD. Medium-term trend structure is intact. Bearish Drivers Softer…
XAU/USD (Gold) – 15-Minute Technical Analysis The chart shows Gold pulling back into a key demand/support zone after a strong impulsive rally, suggesting buyers may be looking to defend the recent breakout. The overall short-term structure remains bullish as long as price holds above support. Market StructureThe strong bullish impulse established a higher high, confirming…
Structure has clearly shifted from distribution to accumulation. The earlier decline swept liquidity below 3,964, and from there price began printing a disciplined sequence of higher lows. That shift was confirmed by a break of structure near 4,060, followed by a strong impulsive leg that pushed price into the 4,170 region. The speed of that…
Kiwi (NZD/USD) could fall towards the pivot, which is a pullback support, and could bounce towards the 1st resistance. Pivot: 0.5707 1st Support: 0.5688 1st Resistance: 0.5728 Disclaimer:The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any…
After losing a third of its value in the first half of 2026, Bitcoin (BTCUSD) has rallied 5% to kick off July, boosted by dovish remarks from Federal Reserve officials. The pioneer cryptocurrency’s push back above the closely-watched $60K level also likely accelerated short-term momentum, with over $500 million in short positions liquidated in recent…
In our April update, we found, using the Elliott Wave Principle (EWP), that Ethereum () would ideally rally to $2626 before another decline. Meanwhile, we found it had to hold above $1938 to keep the bullish uptrend intact. ETH reached only $2423 on May 6, breached $1938 on June 8, which opened the door to…
Over 30 years ago, I watched the early stages of the Internet revolution unfold. The technology itself wasn’t new. Semiconductor chips had been around for years, but reality had finally caught up with innovation. Personal computers were finding their way into homes and businesses, and investors quickly recognized that computing power was about to change…
End of content
End of content