$BNB is still holding inside a corrective structure, with price action suggesting the potential start or continuation of a Wave 5 move lower. If downside pressure continues, key supports to watch sit at $610, $559, and $491.
The bearish outlook would be invalidated if BNB manages to reclaim $684 and break above $722, which would shift momentum back toward the bulls. Until then, the structure still slightly favors downside continuation.
$BTC
$ETH Ethereum's Long Term Value Proposition
Despite recent high profile departures from the Ethereum Foundation and Harvard divesting its $ETH holdings, many analysts maintain a bullish long term outlook for Ethereum. Its foundational role in DeFi, stablecoins, and staking continues to underpin its intrinsic value. The current price of $2,029 reflects a 4.80% increase, indicating resilience.
#Macro Insights# #Altcoin Season#
‼️$ETH Update: The Drop I Mentioned Earlier Already Happened
I don’t know how many people actually saw my post at that time, but I shared that analysis on May 11 regarding both Ethereum and Bitcoin. In that post, I clearly mentioned that a major drop could happen. Maybe at that time some people were more focused on criticizing instead of understanding the market, but I continued sharing my analysis consistently.
Today, everyone can see that Ethereum has already dropped from around $2,340 to ne...