Bitcoin is hovering near a major technical support zone while global bond yields continue climbing, tightening pressure across risk assets. Traders are watching the $79,100 CME gap closely, with many expecting it to fill within days. A break lower could trigger broader weakness across altcoins, where valuations remain highly sensitive to liquidity conditions. Meanwhile, oil prices have rebounded after closing a CME gap, adding inflation pressure. Analysts now see $71,000 as the next key defense level before fears of a deeper market-wide correction accelerate rapidly.
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