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Hello everyone!
Bitcoin has corrected from the $80-82K zone — overall, as expected. The market currently looks normal; the main thing now is to stay above 78-77K. If we hold this area, there are good chances to re-enter the 82-85K range. If it breaks below, we might see a deeper pullback to 75K.
Now about altcoins:
#ETH — looks weaker than the market. After the impulse, there was immediate profit-taking, and now it’s important to hold the $2280-2315 area. As long as it stays above — the structure is alive. If selling continues, we could quickly drop to $2200-2050.
#BNB — is currently one of the most stable. Despite the correction in the market, it remains confidently above $620. As long as this zone is under buyer control — targets above remain at $650-660.
#SOL — after a good pump, it’s starting to cool off. It’s still above $84, which looks fine, but if BTC continues to correct — SOL could easily fall back to around $80.
#XRP — is still confined within its large triangular structure. Nothing new for now: either a breakout upward to $1.44-1.49, or a return to sideways movement. It currently looks heavier than the other altcoins.
Overall, the market remains bullish for now, but after such a rally, a local correction is not surprising at all. The most important thing now is BTC’s reaction in the $77-78K zone, because the market’s next move will depend on it.