#Crypto #Alts
Market Capitalization Of #Altcoins On Support And Moving Within Range Bullish Wave Can Start Once This Tiny Channel Breaks Towards Upside Altcoin prices can benefit indirectly
When #Bitcoin price surges, it creates a lift-up effect for the entire crypto market. Similarly, this occurs in the altcoin market when #Ether surges.
The SEC halting its investigation may be relevant to other altcoins the agency has accused of being securities.
The SEC has opened cases against crypto exchanges Binance and Coinbase for a variety of securities law violations. The SEC has named several altcoins as securities, including #SOL, #ADA, #MATIC
projects such as Aave or Chainlink from the decentralized finance (DeFi) sector or layer-2 chains such as #Arbitrum, #Optimism could benefit from the SEC's retreat.
$BTC is currently trading within the ascending triangle. The price hovers near a key upward trendline of the triangle indicating strong support. A breakout above this triangle would be a bullish signal, while a break below may lead to a deeper correction.
