Recently, there has been a sharp correction in the markets, but I believe this is a completely healthy process. In my opinion, the fact that BTC has formed a strong base around $115,000 is a critical sign for recovery.
In my opinion, the $118,500 level is the first serious resistance point. If it breaks this region, the market could gain new momentum. Otherwise, the range of $112,000 – $113,000 may be tested again.
On the ETH side, I see that the $3,780 level is a very strong support. In my opinion, as long as we stay above this level, we could see a rapid attack towards the $4,100 - $4,200 range.
The altcoins that catch my interest are as follows: • If SOL closes above $250, it will re-enter an upward trend. • AVAX is risky if it cannot hold below $40, but I am looking for a sustained move above $48. • NEIRO stands out as a low-volume but high-potential project in my perspective.
I don't think the current market fluctuations are scary; on the contrary, they create opportunities. Of course, risk management is essential, but I generally see this period as a savings opportunity.
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Ybaser
· 08-22 06:50
HODL Tight 💪
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Sakura_3434
· 08-21 23:07
Thank you for the information and sharing, my dear ☕️🥰❤️⚘️
#Crypto Market Rebound#
Recently, there has been a sharp correction in the markets, but I believe this is a completely healthy process.
In my opinion, the fact that BTC has formed a strong base around $115,000 is a critical sign for recovery.
In my opinion, the $118,500 level is the first serious resistance point.
If it breaks this region, the market could gain new momentum.
Otherwise, the range of $112,000 – $113,000 may be tested again.
On the ETH side, I see that the $3,780 level is a very strong support. In my opinion, as long as we stay above this level, we could see a rapid attack towards the $4,100 - $4,200 range.
The altcoins that catch my interest are as follows:
• If SOL closes above $250, it will re-enter an upward trend.
• AVAX is risky if it cannot hold below $40, but I am looking for a sustained move above $48.
• NEIRO stands out as a low-volume but high-potential project in my perspective.
I don't think the current market fluctuations are scary; on the contrary, they create opportunities. Of course, risk management is essential, but I generally see this period as a savings opportunity.
It is not investment advice.