CRYPTO MARKET: WHAT'S NEXT?
Let's take a look at the market through 4 charts: BTC, ETH, Total Crypto Mcap, and ALT Mcap.
Bitcoin: BTC price is below $65,000 and has been in a downtrend channel for the last two weeks. However, it’s still in a BULL trend on the long-term frame. Support levels are at $63,000 and $60,000. The chart shows BTC forming the Right Shoulder in a Bullish Head & Shoulders Pattern. But guys, it's too late to buy Bitcoin.
ETH: The ETH price is also in a short-term correction with major support at $3,250. An ETH and Solana ETF could come in the next 15 days, so we might see a strong bounce. Around $3,300 would be a good entry point. Time to load up on Ethereum!
Total Crypto Mcap: Total Crypto Mcap is in a short-term correction but remains above the mega bull trend line. It’s time to stock up on altcoins because the altcoin market is ready to pump. 🚀
Who believes in the moon on Solana or ETH? 🌙
