🔥 What does next week hold for the cryptocurrency market? 🔥
⚠️ My opinion on the market for the next week ⚠️
Friends, I am closely monitoring the charts and news, and personally believe that the next week may be bearish for the cryptocurrency market. 📉
My feeling and technical analysis point to a bearish scenario
after Powell's unclear speech there was a sharp jump, but what’s next? wait for September?! and the area that remains for Bitcoin needs to be played out, I think there will be a drop to a level of about $110,000 - $111,000. There is a very warm liquidation map left and it needs to be cleared. Before the rise........ Well, there are not enough bright explosive moments for breakthroughs. In September yes, but for now it seems to me sideways movements and drops. ETHEREUM looks the best and is holding up well, it will be interesting to see how it performs.
Therefore, breaking important support levels, especially for many coins!
This is not financial advice, just sharing my thoughts.
Be careful, watch out for risks and manage your capital wisely!