Bitcoin (BTC):
BTC has shown a pattern of selling off, then pumping, then selling off again. This suggests a possible retest of the recent gains in the coming days. The key resistance areas are $62,680 and $63,300. If BTC fails to break through these levels, the up move is likely to fail. The 4-hour RSI indicator highlights the 45.65 level as a critical support, with ideal breakout targets being 50.00 or 49.34. Failure to sustain these levels could result in a drop to 41.08. BTC must close above $61,500 on a weekly basis; a close below $61,200 is negative news. Support is at $57,700, and any breakout above $61,800 to $62,400 confirms the bullish trend as this is a strong penetration zone.
Ethereum (ETH):
ETH's movement is difficult to predict accurately, but a failure to break above the $3,530 area and fall to the $3,440 or $3,665 levels could lead to further declines. Currently, ETH has the potential to fall to $3,365 if market conditions deteriorate. Due to different liquidity and token supply, ETH's rise is different from BTC and a simple pullback is expected. The RSI 4H indicator shows negative candles, suggesting a pullback to 50.00 before another rise. If ETH stays above these levels, it will remain strong.
Solana (SOL):
SOL is targeting multiple resistance areas: first $157, then $169, and finally $181. The best buying opportunity is currently around $149. SOL has shown strength recently, and the current price action reflects positive momentum. Keeping an eye on these key levels will help identify potential entry and exit points.
