$BTC , $ETH , $XRP & ALTCOINS – MARKET UPDATE & TECHNICAL OUTLOOK
Immediate Market Outlook:
($111,258.95, +0.61%): Bitcoin shows mild bullish momentum, hovering near support levels. Short-term buyers are cautious but likely to push for consolidation above $110k.
($4,604.81, +3.84%): Ethereum is showing strong bullish strength, breaking above recent resistance with increased volume—potential continuation toward $4,800–$5,000 in the near term.
($3.0323): XRP is consolidating near $3.00. Watch for a breakout above $3.10 for a bullish move; failure could see a retest of $2.90.
Altcoins ($HYPE $48.5755, $SON, $WEETH, $MRAR, $LUSOS, $CRO, $BGB): Mixed signals; some altcoins show bullish spikes while others consolidate. High-risk altcoins may have volatile swings, so monitor volume closely.
Trade Setup Examples:
Long: Entry $111k–$111.5k | TP $113k | SL $109.5k
Long: Entry $4,600–$4,620 | TP $4,800 | SL $4,500
Long/Short: Entry $3.03 | TP $3.15 / SL $2.95
Market Outlook:
The market shows bullish bias for top-cap coins (& $ETH), while altcoins remain highly volatile. Short-term traders can capitalize on momentum, but risk management is crucial.
