Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
Bearish Sunday open gap, premarket recovery, spike turning into a trap, and meek premarket recovery that has been three times already rejected well below the key 6,885 (tall order as already the low 6,870s area would start offering resistance).
💡 DMK Insight
The bearish Sunday open gap is raising red flags for traders, especially with the market struggling to reclaim the 6,885 level. A premarket recovery that’s been rejected three times suggests sellers are still in control. If the price can’t hold above the low 6,870s, we might see further downside pressure. This could trigger a cascade effect, impacting correlated assets like crypto, which often react to broader market sentiment. Watch for any attempts to break above 6,885; failure to do so could lead to a deeper pullback, making it crucial to monitor volume and momentum indicators for signs of a reversal or continuation. On the flip side, if the market does manage to reclaim that 6,885 level, it could signal a short-term bullish reversal, but until then, caution is warranted. Keep an eye on the daily chart for any bearish patterns forming, as they could provide insight into the next moves.
📮 Takeaway
Watch the 6,885 resistance closely; a failure to break above could lead to further downside, especially if the low 6,870s hold as resistance.
