The bears are currently stronger than the bulls in the cryptocurrency market, as indicated by CoinMarketCap. The price of Ethereum has declined by 1.25% in the past 24 hours and appears bearish on the daily chart. If the price falls further to $3,304, there could be a breakout and a test of the $3,200 zone. Ethereum is currently trading at $3,351. Similarly, Solana has experienced a larger decrease of 2.76% and is currently in the middle of a channel between $175.26 and $201.98. If the daily bar closes around current prices, there may be a test of the $180 range. Binance Coin has fallen by 2.12% and is approaching the support level of $682.68, with a potential test of the $670 mark if it breaks out. Cardano has seen the largest decline of 5.26% and is breaking the support level of $0.8507, with a possibility of reaching the $0.80 zone.



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