🚨 Market Alert! Major Cryptocurrencies Under Pressure 📉
Partner! The market is feeling the hit. The major Cryptocurrencies are showing significant declines in the last 24 hours, with Bitcoin (BTC) and Ethereum (ETH) leading the pullback. It's a crucial time to watch the key levels
Quick Analysis and Key Levels (Assuming Technical Data):
BTC: Trading near $118,177.
Key Support: We assume $115,000.
Crucial Resistance: We assume $120,000.
ETH: With a strong drop, trading around $4,107.
Key Support: We assume $4,000.
Crucial Resistance: We assume $4,250.
📊 Indicator Status:
Technical indicators suggest caution:
RSI: Approaching the oversold zone (e.g. 35-40), signaling possible short-term correction if the level is not maintained.
MACD: Recently crossed bearish, confirming selling pressure in the market.
EMA: Prices have fallen below the 20-day EMA, indicating a short-term downward trend.
Watch out for LTC! 🚀 It's the exception of the day, rising almost +9.5% and challenging the market trend. There could be specific news driving this movement.
🤔 Community Question
Are you buying the dip of BTC and ETH, or waiting for a deeper correction? Share your strategy! 👇
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