Bitcoin recently faced selling pressure around $105,819, indicating persistent bearish activity as the price fell below $103,000. Concurrently, both the S&P 500 Index (SPX) and the US Dollar Index (DXY) experienced notable gains following the US-China trade deal. Key market indicators suggest potential upward movement for SPX towards 6,000, while the DXY could rally to 104.68, indicating strength in the dollar. Bitcoin remains in a cautionary phase, with immediate support at $100,000 and further supports at $97,238 and $93,000. In altcoin markets, Ether's price action is closely watching support at $2,320, with resistance at $2,850, and XRP broke above $2.50, targeting $3. Meanwhile, BNB and Solana have clear resistance levels at $700 and $180, respectively. Additionally, profit booking has been noticed in Dogecoin and Cardano, where resistance and support levels are key for future momentum. Overall, while short-term uncertainty persists, long-term holders are accumulating assets in anticipation of future rallies.

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