💵 💴 💶First Resignation From D.O.G.E, Price Drops by 7%💴 💶

Vivek Ramaswamy has resigned as the co-leader of the controversial initiative Department of Government Efficiency (D.O.G.E.), launched by Elon Musk and supported by former President Donald Trump. Ramaswamy’s resignation coincides with growing indications that he will announce his candidacy for the governor of Ohio. Initially appointed as co-leader alongside Musk, Ramaswamy stated his intention to continue supporting Trump’s agenda while focusing on his plans in Ohio.

Netflix Hits Record High in Last Quarter

Global markets surged as optimism grew over strong earnings reports and policies announced by President Donald Trump, though uncertainty regarding U.S. tariffs kept the dollar near a two-week low. Netflix reported a record number of new subscribers in the last quarter, driving its stock price up by 14% in post-market trading. The increase in user numbers enables Netflix to raise prices both in the U.S. and internationally.

Ethereum ETF Inflows Surge

According to Glassnode, inflows into U.S. Ethereum spot ETFs reached $227 million on Monday, the highest single-day net inflow since December 9. This increase comes after pro-crypto Donald Trump’s inauguration as U.S. President, boosting confidence in market conditions. Despite Ethereum’s weak price performance in recent weeks, the rise in ETF inflows indicates growing interest from institutional investors. CoinShares’ latest weekly report shows $246 million in total ETH inflows last week, reversing outflows seen earlier this year.

Technical Overview

DXY

Bitcoin initiated an uptrend with Trump officially taking office, reaching as high as $109,000. Setting a new all-time high, BTC is expected to extend its bullish trend to $123,194 with daily closes above the $108,286 region.

Resistance: 118,500 / 123,550 / 131,029
Support: 108,985 / 92,000 / 88,362

BTC/USD

Bitcoin surged to $109,000 following Donald Trump’s official return to office, but faced selling pressure after failing to sustain above the $108,286 level. If BTC closes above the $108,186 resistance, it could climb further to $123,194.

Resistance: 108,985 / 118,500 / 123,550
Support: 92,000 / 88,362 / 80,598

ETH/USD

Ethereum has seen a long-awaited rise, reaching $3,400. The next critical resistance zone to monitor is $3,539. A strong breakout above this level could further sustain Ethereum’s uptrend.

Resistances: 3,539 / 4,086 / 4,782
Supports: 3,110 / 2,808 / 2,134

NASDAQ

The index’s uptrend continues to strengthen within the ascending channel structure on weekly charts. Short-term declines could lead to resistance breakouts, potentially driving the index back to 22,143 in the near term. The key support zone to watch for pullbacks is 19,643.

Resistances: 22,143 / 25,320 / 26,979
Supports: 19,643 / 17,681 / 16,303

BRENT

Brent Crude is experiencing medium-term recoveries and has regained its previously lost channel structure, continuing its uptrend. Having surpassed the 76.98 resistance level, prices are expected to climb toward the 85.00 range if sustained above this level. Key support during pullbacks is 72.37.

Resistances: 85.84 / 95.53 / 102.43
Supports: 80.00 / 76.15 / 70.17

EURUSD

The Euro formed a double top at the 1.11 level and entered a downtrend. After breaking below the 1.10 support, it has retreated to the lower band of its channel at 1.0367. Buyers may step in at this critical support, but a break lower could see further declines to 1.018.

Resistance Levels: 1.0575 / 1.1043 / 1.1213
Support Levels: 1.0180 / 0.9936 / 0.9542

XAUUSD

Gold rebounded from the 2,666 support level and resumed its uptrend, breaking the 2,717 resistance. Pullbacks to test the broken resistance at 2,717 could be buying opportunities, with the uptrend expected to continue.

Resistance: 2,756 / 2,790 / 2,800
Support: 2,717 / 2,666 / 2,589

🇹🇷Türkçe🇹🇷