Bitcoin, Ethereum and Solana are showing short-term sell signals on their four-hour charts, according to crypto chart analyst Ali Martinez. According to NS3.AI, Martinez said on Monday that Bitcoin’s Sunday rallies were followed by Monday pullbacks, while Sunday declines were followed by rebounds.

Martinez said his longer-term technical outlook remains bullish for all three cryptocurrencies despite near-term correction risk. He highlighted on Sunday that Bitcoin could reach a potential cycle target near $190,000 after a decisive breakout. CryptoQuant data also showed Bitcoin outperformed during October’s historically weakest three-day stretch.