#Bitcoin #btc #Ethereum✅ #BNB✅ 
Il Capo, one of the well-known analysts of the cryptocurrency world, shared his views on the current situation and possible movements of the market in his evaluations about Bitcoin and the general crypto market.
Drop Forecast in Bitcoin and Ethereum
il Capo stated that the price of Bitcoin is experiencing a slow decline between $57,000 and $59,000, and Ethereum is in the process of declining between $2,700 and $2,800. He emphasized that these levels are critical for the future of the cryptocurrency market.
The analyst said that the market is currently acting in accordance with his analysis and that he may consider turning to short-term bull trends if he sees bullish signs at the levels he stated. He stated that if the market rebounds from these levels, he may invest in some altcoins, especially those with low market caps. He also added that in such a situation, he would share some of the altcoins he purchased.
While il Capo thinks that a bull trend is possible in the short term in the cryptocurrency market, he stated that he expects a transition towards a bear market in the long term. The analyst's main opinion is that the coming months may be in favor of a bear market. Therefore, he said that he will wait for the correction process in the market to end and will re-evaluate his positions when this process is completed.
Providing information about his own positions, il Capo stated that he currently has a short position in CRO and BNB. He said that he will maintain these positions despite the possibility of a short-term bullish turn, because his general view is in favor of the bear market in the long term. The analyst stated that he will wait for the current correction process to be completed before making his next moves.
il Capo's statements draw attention to the volatility and variability in the cryptocurrency market. It may be important for cryptocurrency investors to evaluate short- and long-term market trends and review their strategies based on market movements.
