The unprecedented seller surplus in the US housing market could lead to significant price corrections, impacting homeowners and shifting investment trends.
The post US housing market sees record gap of 630,000 more sellers than buyers appeared first on Crypto Briefing.
The post Stellar (XLM) Struggles for Direction: Will Bulls Step In Before Bears Extend the Slide? appeared on BitcoinEthereumNews.com.
Stellar (XLM) is trading at $0.18. Sellers are dominating the market structure. After an extended downtrend, Stellar (XLM) has carved out a falling wedge, a pattern that resolves to the upside. Price is holding the lower trendline, and is seeing the buyers step in faster than before, a sign that selling pressure is losing its grip. The repeated wedge formations suggest bulls are quietly building a base rather than chasing price. A clean breakout above the descending resistance, backed by strong volume, could unlock a sharp relief rally, potentially targeting the next major resistance zones above current levels. A confirmed breakout could shift sentiment from bearish to cautiously bullish, and pull sidelined capital back in. Stellar is holding above its lower trendline, which keeps the current bullish structure intact. A breakout above the descending res
High mortgage rates and high home prices are straining affordability, potentially stalling economic growth and impacting real estate investments.
The post US housing market hits lowest sales pace since 2024 as mortgage rates squeeze buyers appeared first on Crypto Briefing.
After an extended downtrend, Stellar (XLM) has carved out a falling wedge, a pattern that resolves to the upside. Price is holding the lower trendline, and is seeing the buyers step in faster than before, a sign that selling pressure is losing its grip. The repeated wedge formations suggest bulls
The post Bitcoin Resumes Its Range Above $60,000 appeared on BitcoinEthereumNews.com.
// Price Reading time: 3 min Published: Jul 08, 2026 at 20:21 Updated: Jul 08, 2026 at 20:30 Bitcoin’s (BTC) price has moved back above the key $60,000 support level. BTC Price Long-Term Prediction: Ranging
Buyers pushed the price as high as $64,657 but were halted. Sellers then tried to drive the price down towards its vital support, but buyers held firm, keeping it confined to a range above $61,000. In other words, Bitcoin has maintained its sideways trend, rebounding above the 21-day SMA support but staying below the 50-day SMA barrier.
Today, the BTC price is slipping as sellers attempt to break the 21-day SMA support. On the downside, if sellers succeed, Bitcoin will fall towards its crucial support. If the current support holds, Bitcoin will continue to trade above $60,000. The largest cryptocurrency currently shows little clear potential for further gains. Bitcoin is at $62,062.
Technical
The post KORU pullback reaching blue box area, buyers eye potential turn higher appeared on BitcoinEthereumNews.com.
KORU (Direxion Daily MSCI South Korea Bull 3X ETF) delivers 300% daily leveraged exposure to South Korean large‑ and mid‑caps, making it a high‑volatility instrument suited for short‑term tactical trades rather than long‑term investing. Quick instrument snapshot Full name: Direxion Daily MSCI South Korea Bull 3X ETF (KORU). Objective: Targets +300% daily performance of the MSCI Korea 25/50 Index (before fees and expenses). Primary listing: NYSE Arca. KORU – Daily Elliott Wave chart (Update: July 8, 2026) The latest daily chart shows the rally from the April 2025 low ending in wave (I) at $1,284.97. The subsequent wave (II) pullback appears to be unfolding as a zigzag corrective pattern: Wave a ended at $580.00. Wave b bounced to $1,111.00. Wave c is targeting the blue‑box area between $422.65 and $259.92. From that blue‑box zone, buyers may look for a turn higher — eithe
Pudgy Penguins (PENGU) is battling to move in any direction within the extreme fear market. Bulls are attempting to flip the asset’s momentum green. Moreover, the technical structure is leaning bullish, and the short-term price movement shows a positive trend to set in the PENGU market. If the buyers firmly
$BTC has fallen below $60K as institutional outflows and defensive options positioning continue to weigh on sentiment. Beneath the surface, however, long-term holders and patient buyers are beginning to absorb supply, hinting at the early stages of a bottoming process.
The two clear rejections near the same resistance zone indicate that sellers have repeatedly stepped in to prevent a breakout. At the same time, price has continued to hold above a higher support area, suggesting buyers are still defending the trend. This creates a classic decision point, a move above
