After the CPI release (2.9%), the market rebounded with growth: BTC $116K, ETH $4,500, SOL $230. But will crypto be able to continue its rise?
🔑 Key levels of resistance and support:
BTC: resistance $120K, support $110K ETH: resistance $4,800, support $4,200 SOL: resistance $250, support $210
If BTC breaks through $120K and holds above, we can expect a continuation of the bull run. Otherwise, a local correction can be anticipated before a new surge.
⚡️ My forecast: with the current trading volume and institutional interest, the market has every chance to maintain an upward trend, but the nearest resistance levels will be key to confirming the strength of the growth.
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#Crypto Market Rebound #Gate Square Mid Autumn Creator Incentive
After the CPI release (2.9%), the market rebounded with growth: BTC $116K, ETH $4,500, SOL $230. But will crypto be able to continue its rise?
🔑 Key levels of resistance and support:
BTC: resistance $120K, support $110K
ETH: resistance $4,800, support $4,200
SOL: resistance $250, support $210
If BTC breaks through $120K and holds above, we can expect a continuation of the bull run. Otherwise, a local correction can be anticipated before a new surge.
⚡️ My forecast: with the current trading volume and institutional interest, the market has every chance to maintain an upward trend, but the nearest resistance levels will be key to confirming the strength of the growth.