Metric: price dynamics (24h) and RSI (1h and 4h) to assess trend strength.
🚀 Strengthening upward trend
Coins that showed price growth and increased RSI:
ETH - +4.65% in price and steady RSI growth: 1h (+3.94), 4h (+4.94). The trend is strengthening, buyers are active.
BNB - +2.22% and RSI growth: 1h (+5.57), 4h (+5.01) - a breakout of local resistances is likely.
LINK - +3.02% and RSI above 67 on 1h, +5.25 on 4h - overbought is close, but the momentum is strong.
UNI - leader in price (+3.6%) and RSI growth: 1h (+4.54), 4h (+3.55) - strong upward momentum.
⚠ Weakening trend
Coins that lost in price and RSI:
BTC - -0.65% and RSI drop: 1h (-2.84), 4h (-2.1) - profit taking by large capital.
WBTC - -0.69%, RSI on 1h and 4h is negative - correction mirrors BTC.
LTC - -1.17%, RSI (1h -2.06, 4h -1.59) - weakness after the previous rise.
TRX - -1.37%, RSI decrease - buyer activity has fallen.
🔄 Neutral/mixed dynamics
SOL - price +0.27%, RSI in a sideways trend, 1h and 4h without a clear trend.
ADA - price +0.31%, RSI slightly higher, but without impulsive candles.
BCH - +0.84%, stable RSI - maintaining positions.
DOGE - +0.6%, RSI almost unchanged - movement in a range.
📌 Market conclusions
Overall, the market has slightly revived, but altcoins (ETH, UNI, LINK, BNB) hold the leadership in momentum.
BTC and WBTC in correction, giving altcoins a chance to temporarily grab attention.
RSI for most coins remains in the 50-65 zone, indicating growth potential, but without mass overbought.
A high RSI for ETH and LINK requires caution - a pullback is possible after profit taking.
🎯 Trading ideas
#ETH, #UNI, #LINK, #BNB - purchases on pullbacks, partial profit-taking near local resistances.
#BTC - watch the support level $119,000-$119,500, a downward breakout may lead to $117,800.
#TRX, #LTC - do not rush to enter, wait for RSI stabilization above 50.
Altcoins with sideways dynamics (#ADA, #SOL, #BCH) - channel trading strategy: buy at support, sell at resistance.
