📈 The crypto market is experiencing a clearly bearish day, with significant declines in major assets. Bitcoin and Ethereum lead the losses, while some altcoins are trying to hold on with occasional advances.
➡️ BTC — $117,100.0 (-3.90%)
Bitcoin suffers a strong correction after its recent rise. It loses the support of $118K, which could open the door to a deeper consolidation phase. Pay attention to the $115K area as the next relevant technical level.
➡️ ETH — $2,999.13 (-1.36%)
Ethereum also concedes ground, momentarily losing the $3,000 mark. Although the decline is less aggressive than in BTC, it is key to observe if it can maintain above that psychological level.
➡️ SOL — $159.57 (-3.32%)
Solana joins the general bearish pressure of the market. The loss of the $160 level weakens its short-term structure, with the next support at $155.
📌 General conclusion:
The market shows a clear profit-taking after the strong previous momentum. BTC and ETH lead the pullback, while altcoins like PENGUSDT (+18.43%) and XLMUSDT (+0.80%) show some relative resistance. The environment is fragile and suggests caution in the short term.
💡 In times of high volatility and correction, risk management and the use of technical levels as references become essential. Waiting for confirmations before making impulsive decisions is key.