⭐⭐Analyst Company Shares Critical Levels for Bitcoin, Ethereum and Solana! Here's What to Watch Carefully ⭐⭐
Cryptocurrency analysis company MarktQuant has shared its current assessments of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), focusing on liquidation heatmaps that show important price levels for possible market movements.
According to MarktQuant, Bitcoin's level around $90,000 shows a significant long liquidation intensity, setting this level as a critical downside target. On the other hand, most of the short liquidations have been cleared to $99,000. Although a downward movement seems possible in the short term, analysts state that there is still a possibility that Bitcoin will test the short liquidation zone at $101,000. For this scenario, the phrases "It is recommended to be careful and patient" were used.
According to the analysis for Ethereum, liquidation models show that short liquidations at current levels are not enough to sustain the upward momentum. However, long liquidations have increasingly concentrated around $3,300, and this level is targeted for a possible pullback. The analysis concludes as "This growing liquidation cluster indicates that the probability of a pullback to $3,300 in the near term is increasing." For Solana, the $185 level stands out with the effect of a strong long liquidation cluster. MarktQuant states that the liquidation volume at this level has outpaced all other price areas and that this level could be a significant downside target if the market weakens.
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