📉 Altcoins on the decline: market pressure and focus on Bitcoin
The main altcoins are retreating today after yesterday's rebound. Ethereum is trading at USD 2,426, Solana at USD 138, BNB at USD 641, and XRP at USD 2.13. The movement is due to a technical correction, massive selling in futures (more than USD 230M liquidated), and a rotation of capital towards Bitcoin, which continues to lead the market. The 'Bitcoin Season Index' confirms lower institutional interest in altcoins. ETH seeks to hold USD 2,500 as a key support, while SOL and BNB face critical zones. If BTC surpasses USD 106k, demand for altcoins could reactivate.
#Ethereum #Solana #XRP #Altcoins
