The market is in a medium or short-term correction phase
Bitcoin (BTC):
Current price: around 117,400 – 117,900 USD
Next near support: 114,800 then 112,500
Next resistance if it bounces: 119,000 then 120,600
📌 If the price breaks the 114,500 area with a clear close on the 4-hour frame, we may see a stronger pullback towards 111k – 108k USD.
🔻 The rest of the currencies follow:
ETH: shows weakness in momentum, currently at ~3,750, and if the 3,720 level is broken, we may see 3,580.
SOL, ADA, XRP: all also show correction signals.
#CryptoMarkets #BearMarketAnalysis $BTC $XRP $ETH I added candles for inference only, good luck to everyone, don't hesitate to like, follow, and share to benefit others.