$ETH plunged following the launch of its ETF, $XRP encountered strong resistance, and $SOL might reach $200.

- ETH's decline to $3,088 was influenced by the disappointing launch of #Ethereum spot ETFs and a broader market sell-off. The lack of sustained buying interest following the ETF launch left #Ethereum exposed to selling pressure, resulting in a 12% drop over the past few days, mirroring Bitcoin's decline after its spot ETF

- XRP has struggled to break the $0.617 resistance level and is currently trading around $0.605. The asset may face further declines if it fails to surpass this barrier, despite support from moving averages. Additionally, keep an eye on the outcome of the SEC's case; an unfavorable result could lead to increased selling pressure

- Solana (SOL): Despite failing to break the $185.5 resistance, Solana remains bullish with a current price of $173. It has maintained support above the 50, 100, and 200 EMAs, indicating a strong underlying trend. Solana could reach $200 if market sentiment stays positive.

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