$BTC is trading at $71,900, down 0.8% on the session as post-halving volatility cools. The four-day consolidation between $71,200 and $73,000 continues, with volume thinning out across major spot exchanges.



On-chain metrics show miner selling pressure has eased significantly since the halving, with the hash rate stabilizing near all-time highs. Exchange reserves for BTC dropped another 2% this week, suggesting accumulation among longer-term holders.

Macro side, the Fed's minutes hinted at two rate cuts possible in Q3, giving risk assets a quiet bid. Still, the $73,500 resistance remains stubborn, with over $450M in ask liquidity sitting between $73,000 and $74,000.

Short-term outlook: a clean break above $72,800 could trigger a run toward $74,200. Failure to hold $71,200 might see a retest of $70,000. Range-bound trading likely through the weekend, with upside bias into next week's jobs data.

$ETH $SOL

#CryptoMarketRecovery #GateSquareAprilPostingChallenge #USIranCeasefireTalksFaceSetbacks #AreYouBullishOrBearishToday?
BTC0.57%
ETH0.21%
SOL1.32%
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Yusfirah
· 4h ago
To The Moon 🌕
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