#MarketRebound
Bitcoin Faces Deep Correction Toward $100K 🚨
After months of bullish momentum, Bitcoin is struggling to sustain above key resistance. Weekly charts show bulls failing to hold the macro trendline connecting 2017 and 2021 highs, with weakening momentum reflected in a fading MACD histogram and a broken 14-week RSI uptrend. Three consecutive red bars on the Three-Line Break chart confirm seller dominance. A drop below $11,965 could accelerate losses toward $100,000, unless Bitcoin reclaims $122,056.
XRP Challenges Correction but Lacks Strength 🔄
XRP is testing the 38.2% Fibonacci retracement but faces resistance from 5, 10, 50, 100, and 200-hour SMAs. A breakout above $3.00 could target $3.33.
Altcoins Show Mixed Signals 📉
Ethereum dropped ~10% last week, signaling further downside with a bearish SMA cross and red bars on the Three-Line Break chart.
Solana is holding 61.8% Fibonacci support; a potential golden cross hints at long-term optimism, but short-term remains bearish.
Overall: Crypto markets may face deeper corrections soon.
Disclaimer: Do your own research—crypto trading is highly risky.