$BTC $ETH $SOL
The cryptocurrency market is experiencing a downturn, with major players Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) all seeing significant declines.
Bitcoin BTC#MarketPullback #IPOWave #AltcoinMarketRecovery
- *Current Price*: Below $97,000, down over 6% in the last 24 hours.
- *Market Sentiment*: Bearish, with $1.1 billion in crypto liquidations and outflows of $866.7 million from US spot BTC ETFs.
- *Prediction*: Analysts warn of further drops, with support at $94,000 and potential falls to $87,800 if current levels don't hold. ¹ ² ³
Ethereum (ETH)
- *Current Price*: Around $3,112, down 10% in the last 24 hours.
- *Market Sentiment*: Bearish, with $259.6 million in net outflows from spot ETH ETFs.
- *Prediction*: Expected to test $3,050 support; a break below could lead to a plunge toward $2,500.
Solana (SOL)
- *Current Price*: Around $164, up 1.28% in the last 24 hours, despite broader market declines.
- *Market Sentiment*: Mixed; SOL ETFs saw $12 million in inflows, indicating institutional interest.
- *Prediction*: Recovery stalled at $170; potential downside to $137 or $126 if support at $155 breaks. ⁴ ⁵
