Nasdaq 100 futures slide after 26,036 rejection as 25,405 pivot breaks [Video]

💡 DMK Insight

Bitcoin’s price is teetering on a critical support band between 25,051 and 24,774, and here’s why that matters right now: If BTC can reclaim this level, it could signal a bullish reset, potentially attracting buyers and pushing prices higher. However, if it falls below 24,774, we might see a deeper correction, which could trigger panic selling among retail traders. This level is crucial not just for Bitcoin but could also impact altcoins that often follow BTC’s lead. Watch for volume spikes around these levels; a strong rejection or acceptance could set the tone for the next few days. It’s worth noting that traders should keep an eye on broader market sentiment and macroeconomic indicators, as any negative news could exacerbate volatility. If you’re holding long positions, consider setting tight stop-losses just below 24,774 to mitigate risk. Conversely, if you’re looking to short, a break below this level could provide a solid entry point. Keep your charts handy and monitor these levels closely.