🛑🛑🛑 $BTC $ETH $SOL Updates 🛑🛑🛑
1️⃣ Bitcoin (BTC):
BTC has shown a pattern of dumping, then pumping, followed by another dump. This indicates a potential retest of the recent rise in the coming days. The key resistance areas are $62,680 and $63,300. If BTC fails to breach these levels, the rise will likely fail. The 4-hour RSI highlights the 38.65 level as a crucial support, with an ideal penetration target of 50.00 or 49.34. Failure to maintain these levels may result in a decline to 41.08. BTC must close above $61,000 weekly; closing below $60k is negative. Support is at $57K and any breach above $61,800 to $62,400 confirms a bullish trend due to a strong penetration zone. Current price is around $60,120. If BTC breaks below $59K, it will likely fall to around $58,000.
2️⃣ Ethereum (ETH):
ETH's movement is difficult to predict precisely, but failing to break the $3,530 area and falling to the $3,440 or $3,665 levels may result in further decline. Currently, ETH shows potential for a breakdown to $3,365 if market conditions worsen. ETH's rise differs from BTC due to varying liquidity and coin supply, with a simple correction expected. The RSI 4H indicator shows negative candles, suggesting a correction to 35.00 before another rise. ETH remains strong if it holds above these levels.
ETH's current resistance is $3,523, and it recently broke the support of $3,352. If it continues falling, it will likely break the support of $3,240.
3️⃣ Solana (SOL):
SOL is targeting multiple resistance areas: first at $157, then $169, and finally $181. The best current buying opportunity is around $149. SOL has recently shown strength, and the current price movements reflect positive momentum. Keeping an eye on these key levels will help identify potential entry and exit points, and it is near the previous support of $138. If it does not hold, it will likely break below $130. The RSI is at 47, indicating neutral sentiment.
