🚨⚠️Here’s Why the Crypto Market is Falling⚠️🚨
Bitcoin (BTC) Technical Analysis and Upcoming Levels
According to expert technical analysis, BTC, ETH, and SOL look bearish as they are all trading below the 200 Exponential Moving Average (EMA) in a higher time frame. Based on the price action and technical analysis, if BTC gives breakdowns to the current consolidation zone there is a high possibility it could fall to the $54,000 level.
Ethereum (ETH) Technical Analysis and Upcoming Levels
The ETH chart looks extremely bearish due to the presence of rising wedge patterns and head-and-shoulder price action patterns. If ETH falls below the $2,500 level, there is a high possibility it could sink to the $2,300 level and $2,200 level in the coming days
Solana (SOL) Technical Analysis and Upcoming Levels
However, on the daily time frame, Solana (SOL) is at a crucial support level of $140 and is also receiving support from the 200 Exponential Moving Average (EMA). If SOL falls below the 200 EMA, there is a high possibility it could fall to the $130 level in the coming days.$BTC $ETH $SOL #BinanceLaunchpoolDOGS #PowellAtJacksonHole #BinanceBlockchainWeek #BlackRockETHOptions