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HBAR, OP, INJ and RUNE flash bull signals as Bitcoin price looks for stability

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Trader sentiment has turned bearish following Bitcoin’s (BTC) 11% slump this week. Although is taking support near $25,000, several analysts are factoring in another leg down toward the crucial $20,000 level.

The weakness is not limited to the cryptocurrency markets alone. United States equities markets also witnessed a losing week. The S&P 500 Index fell 2.1%, and the dropped about 2.6%, with both indexes recording a three-week losing streak. This suggests that traders are in a risk-off mode in the near term.

Crypto market data daily view. Source: Coin360
BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
HBAR/USDT daily chart. Source: TradingView
HBAR/USDT 4-hour chart. Source: TradingView
OP/USDT daily chart. Source: TradingView
OP/USDT 4-hour chart. Source: TradingView
INJ/USDT daily chart. Source: TradingView
INJ/USDT 4-hour chart. Source: TradingView
RUNE/USDT daily chart. Source: TradingView
RUNE/USDT 4-hour chart. Source: TradingView

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