The crypto market is experiencing a decline, with Bitcoin falling below $94,000 and Ethereum dropping to $3,197. Bitcoin's short-term bullish momentum is waning, but it is still above its 100 EMA, which historically serves as a solid support level. Rebounding above $97,000 could indicate a resurgence. Ethereum is struggling to regain the $4,000 mark and is below important support levels. Solana is also under bearish pressure, with the possibility of further downside if it breaches the 200 EMA at $174. The market sentiment reflects a lack of confidence, but maintaining support levels could stabilize the assets.
- Content Editor ( u.today )
- 2024-12-21
Bitcoin (BTC) Loses $100,000: What's Next? Ethereum (ETH) To Never See $4,000? Solana (SOL) Great Reset Is Incoming