BTC\ETH\SOL
12-Hour Review and Trend Analysis
$BTC : After a morning surge, it has been declining steadily. Although the drop isn't substantial, the trend hasn't changed. We'll see the gains and losses at the support level of 102700. The impact is still significant, and altcoins are experiencing a slow decline like the "boiling frog" analogy mentioned in previous posts. Let's see if the bulls can launch an all-out attack in the next 4 hours; an effective counterattack could target 109200.
$ETH : The market has been relatively weak these past few days. We'll see if the support level at 3880 can halt the decline and lead to a rebound; the direction in the next 4 hours is crucial.
$SOL : It's really disappointing; we shouldn't have any expectations. Each rebound seems to be just a prelude to a deeper drop.
The steady decline before the Federal Reserve's interest rate meeting raises suspicions of market manipulation, taking advantage of the belief that prices will rise to wash out positions.
Many altcoins have already dropped to around the 11th position, which is essentially a second probe following the sharp drop on the 10th of this month!
