🌐 Crypto Market Summary: Correction in Process 📉

The cryptocurrency market is experiencing a significant correction, with most assets in the red. After a recent rally that took several cryptos to local highs, investors seem to be taking profits, which is creating bearish pressure.

🔍 Key market points today:

Bitcoin (BTC): Trading around $100,321.07, with a key support at $98,500 and resistance at $102,000.

Ethereum (ETH): Pulling back to $3,638.87, with support at $3,550 and resistance at $3,700.

Solana (SOL): Holding steady at $207.00, with a key support at $200 and resistance at $215.

🤔 What does this correction mean?

Corrections are a natural part of the market and often provide opportunities to re-enter at more attractive prices. Technical analysis indicates that these support levels could be key points for accumulation, while breaking resistances could generate new bullish momentum.

💡 Tip: Stay alert to market indicators and macroeconomic events, such as interest rate decisions, that could influence market direction.

👉 Always consult reliable data and conduct your own research before making investment decisions.

Do you have any strategies to take advantage of this correction? Share your thoughts in the comments!