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CRYPTO NEWS POINT
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Bearish
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Ethereum
is forming a falling-wedge pattern and approaching a key support at $2,800, where a bounce is likely.
A good buying zone is $2,800 to $2,500 ✅
$ETH
ETH
3,121.41
+1.05%
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Bitcoin price dropped to $90k as i mentioned and reached to its important support level.. Btc need to hold this level in order to gain bullish momentum, but in case of breakdown price could fall below $87k. $BTC
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Before the rate cut, hype pushed the market up, but the moment the cut actually happened, the market started dumping again. Classic “buy the rumour, sell the news.” This move wiped out a lot of overleveraged long positions, and the next major support sits around $88K. $BTC
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Solana not able to hold its support level and as i said if it Breakdown this level then price could fall to $130 and that's what exactly happened.. $SOL
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On the 1-hour chart, Bitcoin is in a consolidation phase. From here, the price can drop towards the $88K to $87K area, where an important trend support exists. If Bitcoin breaks this support too, the fall can speed up. $BTC
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$ADA is sitting on the support area and can be a zone for entry. Entry Zone: $0.36 – $0.39 Set Targets: $0.44 - $0.52 - $0.61 Take partial entries for better risk management. $ADA
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