Market Update: Leading Cryptos Face Correction Amid Increased Selling Pressure 🚨

$BTC $BTC $ETH #solonapumping #BTCNewATH #doge⚡

The crypto market is experiencing a notable downturn, with major coins trading in the red. Bitcoin (BTC) is down 2.43%, currently at $104,194.37, signaling bearish sentiment as it struggles to hold above key psychological support levels. Traders are watching closely for a potential test of lower support zones. Similarly, Ethereum (ETH) has dropped 3.62% to $3,852.91, reflecting weakness across the broader altcoin market as selling pressure intensifies. If ETH fails to reclaim $3,900, further downside toward the $3,700 level could materialize.

BNB, however, remains relatively stable, showing resilience with only a 0.33% decline at $713.54, signaling strength compared to its peers despite the current market correction. Meanwhile, meme coins are seeing sharper selloffs: Dogecoin (DOGE) is down 3.57% to $0.38444, while PEPE is leading the losses with a steep 7.03% decline, trading at $0.00002156. The sharp drop in PEPE suggests a significant shift in sentiment, with short-term traders likely locking in profits. Lastly, XRP shows modest weakness, down 0.75% at $2.5156, holding up better than most but still under pressure.

This market correction presents a crucial moment for traders. Key support levels for BTC, ETH, and BNB will determine the short-term trend, while meme coins like DOGE and PEPE remain highly volatile, demanding careful risk management. Investors should watch for volume changes and bullish recovery signals before initiating fresh entries. As the market cools off, strategic positioning could set the stage for future rebounds. 📊🚀 #CryptoUpdate #TechnicalAnalysis #MarketCorrection