Bitcoin (BTC) continues to face selling pressure on minor rallies, with bears attempting to push the price below $66,000. Analyst Willy Woo suggests that selling may have exhausted, anticipating consolidation and a potential rebound towards the mid-$70,000s. Positive indicators include significant inflows into Bitcoin ETFs, totaling $1.01 billion since Tuesday.
Ethereum (ETH) is expected to remain sideways in the short term, with analysts anticipating it may test even experienced investors. The ETH/USDT pair is likely to trade within the $1,750 to $2,111 range.
XRP is trading within a descending channel pattern, with sellers aiming to break below support. Bulls are expected to defend key levels, potentially leading to a push above the 20-day EMA.
BNB shows potential for a breakout above the 20-day EMA, with targets at $669 and $730. A break below $570 support could signal a downtrend continuation.
Solana (SOL) has seen its recovery halted at $95 and fallen below the 20-day EMA, opening the door for a drop to $75.
Dogecoin (DOGE) broke above its 20-day EMA but failed to sustain higher levels, with sellers targeting the $0.09 support.
Bitcoin Cash (BCH) is facing selling at higher levels, with a critical support at $443. A break below this level could initiate a downtrend.
Hyperliquid (HYPE) is trading within a range between $20.82 and $36.77, with neither bulls nor bears holding a clear advantage.
Cardano (ADA) is attempting to hold the 20-day EMA as support, with a potential rally towards $0.44 if bulls succeed.
Chainlink (LINK) broke above the 20-day EMA but is struggling to sustain gains. Sellers are targeting the $8 support level.