The crypto market is witnessing sharp fluctuations, and there are many technical and fundamental analyses that can help understand current and future trends. Here are some analyses ¹:
- *Bitcoin Analysis*: Bitcoin is fluctuating within a broken triangle from the top, then re-tested the main upward trend line, showing weakness in continuing to rise. The bearish scenario is the main one, targeting an initial level at 116,980 then a downward extension towards 115,800 and 112,000.
- *Ethereum Analysis*: Ethereum is approaching a key resistance area at the top of the upward blue channel. Continued upward momentum may push the price to test 4006, but signs of weakness have begun to appear. The bearish scenario is the main one, targeting 3400, 3117, and 2867.
- *DOT Currency Analysis*: DOT is a strong currency and has seen highs in the past. The expectation is to reach 8 dollars, and if there is a reduction in interest rates, it may break the previous peak of 15 dollars.
- *Market Indicators*: The 21SHARES CRYPTO MCAP IDX ETP index shows price fluctuations, with declines in some indicators such as ALTS.SW by -0.88%.
It is important to note that the crypto market is affected by many factors, including geopolitical events and economic data. Investors should conduct their own research and not rely solely on analyses.