Dogecoin (DOGE) trades in the red at press time on Thursday, below the $0.0900 level, mounting pressure on the crucial support level of $0.0879. The meme coin is losing retail support under the weight of Donald Trump’s projection that the Iran war could last until late April, which sent oil prices back above $100. Technically, DOGE is at risk of breaking below its crucial support as selling pressure persists.
BNB (BNB), formerly known as Binance Coin, is trading below $591 at the time of writing on Thursday, extending its three-week losing streak. The correction strengthened as the US President Donald Trump said the ongoing US-Iran war will continue until late April, weighing on investor appetite for riskier assets. On the technical side, momentum indicators suggest a deeper correction for BNB in the near term.
Bitcoin hovers slightly above $67,000 on Thursday as the broader market continues to face persistent downside pressure. CoinGlass data shows the long-to-short ratio in Bitcoin derivatives has dropped to 0.9002, indicating a greater number of short positions. This sell-side dominance aligns with the liquidations reaching $328 million over the last 24 hours, led by $60 million in long liquidations over the last 4 hours.
