🚨 Market Alert: Ongoing Crypto Correction – Opportunity or Risk?
The crypto market is experiencing a correction after a bullish rally. We analyze the causes and possible scenarios.
🔍 Causes of the Correction
Profit-taking: Whales and institutions are realizing profits after recent highs.
Liquidations: $469M in closed long positions.
Macro factors: Global economic uncertainty pressures risk assets.
📊 Analysis by Asset
✅ Bitcoin (BTC)
Price: $117,000 (-3.5%).
Support/resistance: $112,700 (key) / $123,000.
Context: Dominance at 59%, but ETFs are seeing record inflows. Bounce or more declines?
✅ Ethereum (ETH)
Price: $3,700 (-4%).
Support/resistance: $3,461 / $4,094.
Catalyst: ETFs accumulate $2,180M; Pectra update attracts institutional interest.
✅ Solana (SOL)
Price: $191 (-3%).
Support/resistance: $178 / $210.
Highlight: +25% in July; potential ETF in 2025 strengthens its outlook.
✅ XRP
Price: $3.47 (-5%).
Support/resistance: $3.38 / $4.26.
Key note: GENIUS Act and legal battle with the SEC remain catalysts.
✅ Stellar (XLM)
Price: $0.47 (-10%).
Support/resistance: $0.325 / $0.52.
Potential: Integration with PayPal (PYUSD) and Protocol 23 could drive a rebound.
💡 Recommendations
Opportunity: Accumulation at key supports for long-term investors.
Caution: High volatility demands risk management (stop-loss, diversification).
Monitor: Regulatory news (GENIUS Act, SEC) and macroeconomic data.
🔮 Long-term outlook: Institutional adoption and clear regulatory frameworks favor BTC, ETH, SOL, XRP, and XLM. Stay calm and trade strategically!
📌 Do you have questions? Check out our educational resources or comment below.
Note: This content is not financial advice. Do your own research (DYOR).
