Bitcoin Pullback: Can Support Hold? Shiba Approaches Key Support Level, XRP Shows Resilience

Bitcoin (BTC) Pullback May Bid Farewell to $100,000

After breaking below $100,000, Bitcoin's price is around $95,933, experiencing a short-term pullback. Although the current support levels are at $92,500 and $87,500, many analysts believe this is a healthy adjustment, and it may still maintain a bullish structure in the short term. If support levels hold, Bitcoin is expected to challenge the psychological barrier of $100,000 again. Market liquidations and leveraged position closures have increased, exacerbating short-term volatility.

Shiba (SHIB): Can It Hold the Last Support Level?

Shiba Inu (SHIB) is currently rapidly approaching the 200 EMA support level (around $0.00002171). If it breaks this key point, it may drop to $0.00002000, and further down could reach $0.00001750. The first resistance level for a rebound is $0.00002350, and breaking through this level may restore the upward trend. Market volatility is increasing, and whether SHIB can hold the 200 EMA is crucial; if it cannot support, it may fall into a deeper pullback.

XRP: A Relatively Strong Star Coin

Unlike the general decline of other major cryptocurrencies, XRP has performed well recently, rising 1.49% yesterday, with a current price of $2.32. Bitcoin and Ethereum have dropped 5.4% and 8.42%, respectively, while XRP has shown relative strength. Technically, XRP has strong support around $2.10, and breaking through $2.50 could challenge the important resistance level of $3.00. If it loses the $2.10 support, it may pull back to $1.90.

Conclusion

Bitcoin is facing a short-term pullback but still has upward potential, making the stabilization of support levels crucial. The 200 EMA support for Shiba Inu determines future trends, while XRP shows strength amid turbulence, continuing to attract investor attention. Stay vigilant; the market is still full of uncertainty, and follow Uncle Zhao to grasp more investment opportunities! #狗狗币崛起 #币安Alpha上新 #DeFAI热点 #加密市场回调 #比特币价格走势分析 $DOGE $XRP $BTC