Forecast and recommendations:
1. Bitcoin (BTC):
• If the price continues to decline, key support will be at $97,500. However, a consolidation above $98,500 may attract buyers again.
• Bitcoin remains an indicator of market sentiment. If it recovers, one can expect increased interest in altcoins.
2. Altcoins:
• SAND: Metaverses in the spotlight — if interest in the gaming industry and NFTs is maintained, the price may reach $0.80.
• XLM: After a correction, a rebound is likely in the range of $0.54-$0.55, if fundamental news remains positive.
• SEI and PNU: The growth of these assets may continue, but it is necessary to monitor trading volumes — they indicate the sustainability of the movement.
3. Overall trend:
• Capital is flowing from large assets (BTC, ETH) into altcoins, especially those related to metaverses and innovative projects.
• It is likely that in the coming days we will see BTC consolidation and increased interest in promising low-rated coins.