Bears have become more active as almost all coins have now entered the red zone.
BTC/USD
Bitcoin (BTC) continued yesterday’s decline, down 1.51%.
The bulls have lost the $24,000 level, which means that the bears are in control of the situation for the moment.
If the breakout above $23,000, expect a test of the next level at $22,400 by the end of the current month.
Bitcoin is trading at $23,430 at press time.
ETH/USD
Ethereum (ETH) is down more than Bitcoin (BTC), down 2.53%.
Ethereum (ETH) is trading below $1,900, which means that the chances of a mid-term bull run are slim. If the bulls fail to seize the initiative by the end of the day, the leading altcoin may reach the $1,785 support level very soon.
Ethereum is trading at $1,835 at press time.
EOS/USD
EOS is an exception to the rule as the coin is up almost 20% in the last 24 hours.
EOS has broken the resistance at $1.449 on the daily chart. Until the price is above this level, buyers remain more powerful than sellers. However, bulls may need more time to gather strength for further growth. In that case, sideways trading in the $1.5-$1.6 range is the more likely scenario for the coming days.
EOS is trading at $1,552 at press time.
SOL/USD
Solana (SOL) is the top loser today, down 4.33%.
Solana (SOL) has continued higher after the false breakout above $44. For now, watch out for the important $40 level. If the candle closes below, the next stop for buyers to re-enter the game is the $39 zone.
SOL is trading at $41.18 at press time.
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