Bitcoin's recent rise in market optimism has been triggered by over $ 90,000, but the viability of the breakthrough has begun to doubt itself. The price currently trades about $ 94,600, but the volume profile is weakening, indicating that the impulse is reduced. In addition, a soft volume can be catastrophic to continue trends in the market where the conviction counts.
Although the price has risen significantly since the lowest lowest price in April, there is no evidence of the interests of the buyers to support its recovery. Bulls are worried because the volume is constantly decreasing after the breakthrough. As Bitcoin floats slightly below the psychological $ 95,000 limit, it is a risk that they form a local top and roll over a stronger influx.
Although it is not a real surrender or collapse, it has begun to feel overloaded. Technically, Bitcoin is primarily important moving average, such as 50 days, 100 days and 200 days, indicating structural strength. At the age of 66, RSI rises, but is still lower than the level of abundance, providing some room for play.
However, a short -term outlook is more uncertain than it looks. It is very likely that Bitcoin will return to $ 85,000-86,000. This is when it breaks less than $ 89,200 and does not have $ 90,000 support. On the other hand, a clear pause with a fresh volume of over $ 95,000 can cause the rally back to $ 100,000, but this situation requires more than just optimism.
Solana back?
After a short rally, Solana loses the land, as pricing now refers to the shrinking bullish structure. At the current price, about $ 146, the asset is near the dangerous 140 -Dollaris support level, which is a bull's dream. If this level is broken, the 26-day mother, which is now trading for $ 139, is likely to be re-tested.
Fatigue occurs from the diagram. The 100-day and 200-day sliding average, both floating over their heads at a price of $ 151 and $ 162 respectively, has formed resistance to a merger that Solana has not been able to overcome, despite the strong setback from the lowest start of March. Impulsive indicators such as RSI Price Action are stuck directly under this zone, creating hardening, which is currently flattening about 58.
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The combination of decreasing volatility and the inability to generate the volume of recent green candles indicates that demand is decreasing. Because Sol is unable to overcome the essential durability of traction, traders seem to use profits. For $ 26, $ 139 is the first probable landing zone if the sellers take the initiative and push the price below $ 140. A more difficult repair may reveal the 131-Dollaris level, which is in line with the 50-day MA and the support for prior consolidation.
Sol's overall market structure is still susceptible. The property seems to move the distribution phase instead of getting the tide to continue, and there is no strong passage at the beginning of April.
If Solana does not see the sharp sharpness of the volume and makes $ 151 support, a short -term outlook is likely to be negative. Without the interest of external stimuli or fresh buyers, the momentum may decline and Sol may fall further by returning to the moving medium, which he struggled just a few weeks ago.
Dogecoin looks good on long -term
Given the signs of exhaustion in its recent short -term rally, Dogecoin is once again on the verge of entry. Doge now trades for about $ 0.17, which is just under 50 days of slipping average, which has historically been both dynamic support and resistance. However, the long -term situation is better when Doge showed positivity on a one -week chart where the price sits comfortably over 50 mothers.
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From the top of November at the lower height and lower level, the doge has remained in a permanent downward trend. Although it has recovered somewhat from the $ 0.14 area, it has not yet returned to significantly important areas of resistance. Bulls may not have enough firepower to cross the overhead line, especially between $ 0.18-0.19 when the price rejection is near 50 mothers.
Compared to its peers of this meme, such as Shib, which has at least a chain accumulation, Doge's recent pricing is mainly disappointing. However, Doge has no basic catalysts or speculative impetus. The steady decline in trading volume indicates a decrease in interest and the property is still limited to 200-day MA ($ 0.21).
