$BTC $ETH $SOL
#Bitcoin (BTC):
Current Price: $90,263
24h High / Low: $90,263 / $81,562
Bitcoin has recently experienced significant volatility, dropping from above $84,000 to under $79,000 before recovering to its current level. This fluctuation is attributed to broader market sell-offs and macroeconomic uncertainties.
Trading Strategy: Given the current volatility, it's advisable to exercise caution. Traders might consider waiting for a clear trend to establish before entering positions. Setting stop-loss orders is essential to mitigate potential losses. Long-term investors may view significant dips as buying opportunities, but should remain vigilant of further market movements.
Ethereum (ETH):
Current Price: $2,274.72
24h High / Low: $2,274.72 / $2,020.42
Ethereum has been consolidating below key resistance levels, indicating potential bearish pressure. The price has fluctuated below the 200-day Simple Moving Average (SMA) and broken below the 50-day SMA, suggesting a cautious outlook.
Trading Strategy: Traders should monitor Ethereum's price action around the $2,400 resistance level. A decisive break above this level could signal bullish momentum, while failure to do so might lead to further consolidation or decline. Implementing tight stop-loss orders and considering smaller position sizes can help manage risk in this uncertain environment.
Solana (SOL):
Current Price: $149.26
24h High / Low: $149.26 / $133.11
Solana has shown significant price movements recently. After a surge from $130 to $174, it retraced to around $136. Currently, it's trading below the $150 resistance level, with key support around $125.
*Trading