The altcoin market cap (TOTAL2) dropped to the expected support area and attracted liquidity. The price instantly bounced from the support area, and altcoins showed positive growth despite BTC dropping. This could signal that it has bottomed out, and we may see a good rally in the coming days. Hoping you have accumulated good coins for the bull season.
Price is forming a falling wedge pattern on lower time frames. STX has been rejected from the local resistance area, indicating a potential continuation of the downtrend.
Yesterday was a rough day for Bitcoin, marking the third largest loss day of the year. The market experienced significant sell-offs, leading to a sharp decline. #BinanceTournament #CryptoPCEWatch #MemeWatch2024