Bitcoin (BTC) The rise last night was a false breakout, followed by a downward move to induce buying, and is bearish in the short term. The support level below is at $103,333, and if it breaks this support, it could lead to a significant decline. It is worth noting that a large number of whales have accumulated over 150,000 bitcoins around $98,133, and this price level will provide strong support during the decline.
Ethereum (ETH) has a support level in the range of $3834-$3790. If the price touches the support, it is advisable to go long boldly, with the defense position set at $3765.
Solana (SOL) is consolidating in a downward channel on the daily chart, and it is recommended to patiently wait for a breakout signal, as a breakout could lead to a significant trend. You can enter in batches near $217 and $213, controlling the position at 5.5%, with the defense level set at $211.
Altcoins still have the potential for an explosion. Although the rise of Bitcoin has attracted a lot of funds, this does not mean that the overall market has ended.
