Bitcoin has experienced one of its sharpest corrections in recent years, slipping below the $65,000 level and reaching its lowest price since October 2024. The decline reflects persistent selling pressure across the crypto market, accompanied by deteriorating macro sentiment, reduced liquidity, and cautious positioning among institutional participants. Recent price action suggests the market is entering a critical phase where confidence, rather than technical levels alone, may determine the next directional move.
Ethereum price extended its decline below $3,200. ETH is struggling and it seems like the bears are now aiming for a move toward the $3,000 support zone.
Bitcoin price struggled to recover above the $68,800 resistance. BTC is now moving lower and there is a risk of more downsides below the $65,000 support.
Ripple XRP price started a downside correction from the $0.7450 resistance. The bulls are now struggling to keep the price above the $0.5850 support zone.
Ethereum price started a downside correction below $3,650. ETH traded below $3,500 and is currently attempting a decent recovery wave in the near term.
Solana is gaining bullish momentum above $200. SOL price is still showing positive signs, and it could even surpass the $220 resistance in the near term.