Stock Market LIVE Updates, Sensex Today: Markets Likely To Open Flat Amid US-Iran Tensions

Nischal Shetty, founder, WazirX"US equities are starting the session on a softer note, but this is not yet a full risk-off environment. The bigger signal for crypto is oil, which has moved above $92 and could keep inflation and Fed expectations elevated. For Bitcoin, the next move may therefore depend less on today's modest equity weakness and more on whether rising energy prices translate into tighter liquidity expectations. If yields remain contained, crypto can absorb the equity pullback; if yields rise sharply, pressure on higher-beta crypto assets could increase.Overall spot trading activity cooled into the 24h close despite a couple of sharp intraday volume spikes. The 24 hr crypto market cap chart indicates that a modest early rally faded into a mid-day/overnight slide of about 1%, followed by a recovery back to roughly unchanged levels by the next morning.Bitcoin is at $79,354.99, down by 0.67% in the last 24 hours, suggesting a short-term pullback within a still-positive weekly trend. The $80,000 psychological level is the immediate overhead resistance. Above that, $82,000-$85,000 would be the next zone if momentum resumes. $78,000-$78,500 is a natural near-term support. A break below could open a slide toward the $75,000 psychological zone, which has historically acted as a stronger demand area. Futures traders' should focus on the $80K level, reclaiming and holding above it would favor longs targeting $82K.Ethereum is at $2,500.34, sitting almost exactly at the $2,500 psychological level. A decisive close above it opens the door to $2,600-$2,650 as the next resistance band. On the downside, $2,450 is a reasonable near-term support. ETH is hovering right at $2,500, a clean breakout above with rising volume could trigger momentum longs toward $2,600, while failure to hold $2,450 support would put $2,400 in play for short positions.Crypto leverage is rebuilding even as US equities show mild risk-off signals. Perpetual open interest has climbed to $421 billion, up 4.5% in 24 hours and more than 13% over the past month. This suggests traders are still willing to take risk, but it also makes the market more sensitive to macro shocks. With oil rising and US equities under modest pressure, the next move in crypto could be amplified by derivatives positioning."