The market is witnessing clear fluctuations today with a general trend towards correction following a continuous decline in the prices of major assets:
🔹 Bitcoin (BTC) is trading near support levels around 78,000 – 80,000$ after a previous decline and breaking through important resistance levels, reflecting strong selling pressure and a corrective wave.
🔹 Price movements remain unstable, and the presence of key support levels around 72,000$ could be crucial for the continuation of the upward trend if maintained.
🔹 Altcoins are following the general trend of Bitcoin, with a widespread decline in the market; however, some assets are showing signs of relative strength and potential upward opportunities like Rain (RAIN), Kite (KITE), and Stable (STABLE) that are approaching record levels.
sergeytereshkin.com
bittimexchange
BeInCrypto +1
📉 Overall, the market is still under strong selling pressure with a decline in total market capitalization and the continued risk of further downside if key support levels break below $72,000.
CoinReporter
🔍 Quick monitoring tips:
– Watch the 72,000$ level for Bitcoin as a critical support.
– Altcoin movements may rebound faster at strong technical signals.
– Market volatility indicates the importance of risk management and avoiding emotional trades.
bittimexchange
BeInCrypto
#Crypto_Market #Market_Analysis #Bitcoin #Altcoins
#cryptotrader