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A__Trader
$BTC is consolidating around $64.6K, while $ETH remains weak. ETH/BTC rejected near 0.03005, showing that capital still prefers $BTC over higher-risk assets.
Rising US Treasury yields remain a key pressure on crypto valuations.
For now, BTC/ETH are range-bound. Short-term traders should respect support/resistance, while longer-term traders can wait for two confirmations:
• BTC breaks the range with strong volume
• ETH/BTC stabilizes and starts rising.
#XiaomiQ2Earnings
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