Good morning everyone!
Well... the market continues to push down. It feels like they've decided to fully squeeze it before showing a normal reversal. For now, the picture looks sad and at times even hopeless, but final capitulation usually looks just like this.
#BTC
🔼Support: 90.2k → 88.3k$
🔽Resistance: 93k → 94.7k$
Bitcoin has once again moved towards 89k, but globally this is already a zone where a reversal should mature. The key is to return to 92–94k, otherwise, they may drop even lower.
#ETH
🔼Support: 2,993 → 2,862$
🔽Resistance: 3,081 → 3,212$
Ethereum is hovering at the bottom of the range. While BTC is weak, there are no movements. If it consolidates above 3,080, we can talk about a potential bounce.
#SOL
🔼Support: 132 → 124$
🔽Resistance: 145 → 150$
Solana made a good candlestick rebound, but for now, it's just a technical retest. We need to break through 145–150, otherwise the risks of updating the lows remain.
#XRP
🔼Support: 2.135 → 2.053$
🔽Resistance: 2.188 → 2.27$
Ripple looks a bit more upbeat than the others, but the overall structure remains bearish. An important level is 2.18, above which there is a chance for a bounce.
#ADA
🔼Support: 0.46 → 0.445
🔽Resistance: 0.478 → 0.497
Cardano continues to fall - still without signs of strength. We are waiting for a bottom to form in the range of 0.45–0.43.
Result:
The market is really tired of falling. There are just a few levels left to break, to remove liquidity — and then we can finally move on to the recovery phase. Right now, the main thing is not to catch knives, to watch the buyer's reaction, and to wait for the return of key levels.