Market Analysis. ☕️
💸 $BTC USDT – Current Price: $62,600.
🚩 Key liquidity levels: $61,500.
⚠️ Important levels: $67,000.
The price of BTC failed to break through the imbalance zone between $63,200 and $63,500. This signals that the current correction will continue. The main target for the price decline is the liquidity at previous lows below $61,800.
If the price reaches previous lows and shows a reaction, a new upward move will begin with the goal of returning above the imbalance zone.
🕯 Altcoin Market:
The altcoin market has declined and found support at previous lows. If coins hold their current levels, a new uptrend will begin soon.
💰 The price of ETH has found support at previous lows around $1,850. If the price can remain above this level, a recovery will follow.
💸 $BTC USDT – Current Price: $62,600.
🚩 Key liquidity levels: $61,500.
⚠️ Important levels: $67,000.
The price of BTC failed to break through the imbalance zone between $63,200 and $63,500. This signals that the current correction will continue. The main target for the price decline is the liquidity at previous lows below $61,800.
If the price reaches previous lows and shows a reaction, a new upward move will begin with the goal of returning above the imbalance zone.
🕯 Altcoin Market:
The altcoin market has declined and found support at previous lows. If coins hold their current levels, a new uptrend will begin soon.
💰 The price of ETH has found support at previous lows around $1,850. If the price can remain above this level, a recovery will follow.