$BTC , $SOL , $NEIRO , #ETH , #PEPE , #SUI , #DOGE and #SCR all are in negative sentiment ...

The current cryptocurrency market is showing a mix of mild to severe declines, as evidenced by the downward movement in various significant coins. Starting with BTC (Bitcoin), trading at $66,014.01 and down 1.78%, we see the dominant player consolidating at critical support levels. This moderate drop suggests that BTC could be in a brief pullback phase, though if it fails to hold above $65,000, we could witness more aggressive downside pressure. On the other hand, ETH (Ethereum) is experiencing a sharper decline, sitting at $2,531.60 with a 3.62% drop. The magnitude of ETH's retracement may signal a potential bearish reversal unless buyers step in to push it back toward the $2,600 mark.

As for other hot coins, SOL (Solana) is showing more resilience, only dipping by 0.59% to $167.02. SOL seems to be holding its ground at a crucial level, hinting at a possible bullish reversal if it manages to reclaim $170. Meanwhile, PEPE, with a significant drop of 3.57%, is now priced at 0.00000973, reflecting the heightened volatility in the memecoin sector. DOGE (Dogecoin) has also slipped by 1.23%, suggesting a continuation of its downtrend unless it finds solid support around its current price of $0.13794. Among the more dramatic moves, SCR has plunged by 23.72%, now trading at $0.897, reflecting possible panic selling or lack of buying interest. NEIRO, which is down by 7.41% to 0.00157629, could be facing a critical test of support in its current price zone. Lastly, SUI remains relatively stable, down by only 0.74% at $1.9171, indicating that it might be consolidating before making its next big move.

In summary, the market appears to be at a pivotal moment, with several coins testing important support and resistance zones. Traders should keep a close eye on BTC, ETH, and SOL, as these could dictate the broader market direction. Meanwhile, SCR and PEPE are demonstrating significant volatility, which could either lead to sharp recoveries.