# resistance

DXY has gone sideways after successfully flipping the key #Resistance area, showing that bulls are maintaining control above this level 📉💪. Price is following a clear #UptrendChannel pattern with structure remaining firmly bullish 🔴.
As long as Index continues to respect the channel, further upside looks likely — a continuation higher could add pressure on crypto and other risk assets.
Watch closely for any signs of momentum picking up within the channel ⚡️🎯👀
#GateSquareAprilPostingChallenge

Multi-week #Consolidation can precede short-term relief rallies despite weak buy-side liquidity . Key resistance gauge 1W–1M #ShortTermHolder cost basis sits near $70K
±2% zone around this level $68.5K–$71.5K acts as major #Resistance and distribution zone recent buy#ers likely to exit near breakeven, capping any near-term recovery👀
#CrudeOilPriceRose

$BTC struggling to close weekly above $70K as major #Resistance builds.
On-chain data shows 30D SMA #RealizedProfit falling 63% to about $370M daily — the weakest since Aug 2024.
Momentum fading with ongoing #Consolidation until stronger buyers return.