Exiting the critical boundaries of the cryptocurrency market; is a deeper drop on the way or a golden opportunity for…

Exiting the critical boundaries of the cryptocurrency market; is a deeper drop on the way or a golden opportunity for a comeback?
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⚡️ In 3 seconds
The recent market correction has pulled Bitcoin, Ethereum, and Ripple down to sensitive boundaries and raised whispers of further declines
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📊 Numbers you need to know
- Bitcoin's drop from the peak of $87,000 reached the current price of $76,000, and its mid-range support is at $73,000
- Ethereum, after losing the $2,385 support, has targeted its downside to the $1,960 range
- Ripple, after failing to cross the $1.36 level, experienced a drop of about 10% and its lower boundary is at $0.99
- The volume added to three active short positions of Ripple since late October has reached about 2.1 million units
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🔍 What 90% of media don't say
Behavioral data of smart wallets shows that big money, unlike previous uptrend jumps, has become completely conservative this time and by accumulating short positions, has lost confidence in the rapid repetition of price growth
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⚖️ Two sides of the coin
🟢 Some analysts see the current drops as a prelude to recovery and setting new records in the coming year
🔴 Another group warns that losing key supports could push the Bitcoin price back even to the $56,000 range
━━━━━━━━━━
🎯 What does it mean for your wallet?
With the three major market currencies approaching critical technical boundaries, the probability of severe volatility is high, and the investor must be careful about the breaking of these support barriers
━━━━━━━━━━
💬 In your opinion, will the market hit a new bottom before the start of the new Gregorian year or will it turn bullish again?
📌 Send this important analysis to a friend who is active in the cryptocurrency market so they don't miss out on key prices
#Bitcoin #Ethereum #Ripple #Market_Analysis
━━━━━━━━━━
⚡️ In 3 seconds
The recent market correction has pulled Bitcoin, Ethereum, and Ripple down to sensitive boundaries and raised whispers of further declines
━━━━━━━━━━
📊 Numbers you need to know
- Bitcoin's drop from the peak of $87,000 reached the current price of $76,000, and its mid-range support is at $73,000
- Ethereum, after losing the $2,385 support, has targeted its downside to the $1,960 range
- Ripple, after failing to cross the $1.36 level, experienced a drop of about 10% and its lower boundary is at $0.99
- The volume added to three active short positions of Ripple since late October has reached about 2.1 million units
━━━━━━━━━━
🔍 What 90% of media don't say
Behavioral data of smart wallets shows that big money, unlike previous uptrend jumps, has become completely conservative this time and by accumulating short positions, has lost confidence in the rapid repetition of price growth
━━━━━━━━━━
⚖️ Two sides of the coin
🟢 Some analysts see the current drops as a prelude to recovery and setting new records in the coming year
🔴 Another group warns that losing key supports could push the Bitcoin price back even to the $56,000 range
━━━━━━━━━━
🎯 What does it mean for your wallet?
With the three major market currencies approaching critical technical boundaries, the probability of severe volatility is high, and the investor must be careful about the breaking of these support barriers
━━━━━━━━━━
💬 In your opinion, will the market hit a new bottom before the start of the new Gregorian year or will it turn bullish again?
📌 Send this important analysis to a friend who is active in the cryptocurrency market so they don't miss out on key prices
#Bitcoin #Ethereum #Ripple #Market_Analysis
Persian original · View this post on Telegram ↗ · Open in the archive · 💬 Discuss in the Coin_Kurd Telegram group · Educational, not financial advice.