About: pumarketings
Recent Posts by pumarketings
Oil’s Rally Undone as Demand Outlook Weakens
Key Takeaways: *Oil spiked last Friday on a sharper-than-expected draw in U.S. inventories, but the rally quickly faded as traders questioned the sustainability of demand. *Rising U.S. shale output and softer OPEC+ compliance are easing supply tightness, undermining the bullish narrative. *Weakening manufacturing activity in China and Europe is casting doubt on forward demand, shiftingContinue Reading
Bitcoin Bounces Back After $1 Billion Liquidation, Eyes Fresh Upside
Key Takeaways: *Bitcoin fell below $109,000 last week before staging a sharp rebound. *Over $1 billion in derivatives liquidations accelerated the sell-off. *Profit-taking, ETF outflows, and U.S. political risks weighed on sentiment. Market Summary: The cryptocurrency market endured a sharp correction last week, with Bitcoin sliding under $109,000 and Ethereum dipping below $4,000. The downturnContinue Reading
Chart the Market (29/09/2025)
ETH, H4: Ethereum has staged a technical recovery from its monthly low of $3,823, advancing more than 3% in the previous session to test a significant liquidity zone near $4,150. This level now represents a critical near-term resistance barrier—a rejection here would suggest the ongoing bearish trend remains intact, while a decisive break above couldContinue Reading
