Hello everyone, stay strong—things will improve soon! Many are confused and might face liquidation, but not you, with this information at hand.
Focus on these key bottom ranges for potential strong bounces:
• 50,521 - 50,901
• 46,216 - 46,930
These zones could signal a reversal and upward move. If they don’t hold, we might see a dip into the 37.7k - 43.5k range, an attractive liquidity zone. However, the initial ranges are strong support and could drive prices to ATHs of 70k - 72k or even 89k - 93k.
Currently, we're at 53,400, which is crucial in preventing a sharp drop. Losing this level could lead to a rapid decline. The 52,550 level is acting as major support—if it breaks, watch for the ranges above for a potential bounce.
BTC and ETH volumes are up 68%, showing significant buying activity. The market is risky at the lower timeframe, especially over the weekend. The 52,550 support may not hold, so expect to see the mentioned levels by early next week.
Stay tuned for more updates and trade setups on Altcoins.
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