🚀 Crypto Market Pulse – May 19 | Detailed Update
🔹 BTC: Trading near $105,020. Volume is low but support around $104K is holding strong. Bulls need a close above $106K on the 4-hour chart to confirm an uptrend continuation.
🔹 ETH: Stuck under $2,500 resistance. Consolidation continues as traders await the upcoming ETH Shanghai upgrade details. Watch $2,520 for a breakout or $2,450 for support.
🔹 Altcoins:
PEPE up 4%, showing renewed meme coin strength amid social buzz.
FLOKI down 2%, cooling off after last week’s rally.
SOL steady around $22. Market is watching the upcoming Solana mainnet update.
🔹 DeFi & NFT sectors: Mixed signals — some projects showing volume spikes but overall cautious sentiment prevails.
🔹 Market Sentiment: Neutral with uncertainty ahead of the US CPI inflation report release later today, which could impact BTC and ETH price action.
💡 My Take: Stay cautious but keep an eye on BTC’s 4H close and ETH’s resistance levels. Altcoins might follow BTC’s lead after key US data.
💬 What’s your favorite altcoin right now? Share below!
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