Red morning: the three majors test weekly lows 📉
The market opened lower. $BTC lost 6.1% in 24h and is trading at 75,720 USD, right near its 7-day low (75,208 USD). $ETH fell 8.2% to 2,230 USD and $SOL dropped 6.7% to 89.71 USD — SOL is now down 12.9% for the week.
SITUATION
All three coins are below their 4h moving averages and the RSI-14 is neutral (BTC 42.4; ETH 44.6; SOL 41.4): there is selling pressure, but no exhaustion signal yet to foreshadow a recovery. The U.S. jobs report comes out today at 3:30 p.m. — it’s the macro data that could move the market for the rest of the day.
LEVELS
$BTC: support 75,208 USD (weekly low) | resistance 78,000 USD (moving averages) and 81,971 USD
$ETH: support 2,174 USD | resistance 2,314 USD and 2,450 USD
$SOL: support 88.30 USD | resistance 93.07 USD and 103.85 USD
SCENARIO A — Recovery
If BTC holds 75,208 USD and closes 4h candles above 78,000 USD, that opens the way to test 81,971 USD. ETH would follow above 2,314 USD.
SCENARIO B — Further declines
A 4h close below 75,208 USD for BTC opens the way to new weekly lows — and drags ETH below 2,174 USD and SOL below 88.30 USD.
WHAT WOULD CONFIRM IT
A 4h close above the moving averages (BTC 78,000 USD) with rising volume, or a confirmed break below support on volume. Until then, this is an uncertain zone, not one for confident calls.
RISK
Buying just because “it’s already fallen a lot” is the classic mistake: the RSI is not yet oversold and there’s no reversal signal. Volatility tends to rise on macro data days — size your position for the worst-case scenario, not the best.
CONCLUSION
Today’s bias: bearish in the short term, but conditional — as long as BTC holds 75,208 USD, the drop is a correction within the range; if it loses that level, the picture changes. Do you think support will hold until the jobs report? 👇
#Bitcoin #Ethereum #CryptoVision
The market opened lower. $BTC lost 6.1% in 24h and is trading at 75,720 USD, right near its 7-day low (75,208 USD). $ETH fell 8.2% to 2,230 USD and $SOL dropped 6.7% to 89.71 USD — SOL is now down 12.9% for the week.
SITUATION
All three coins are below their 4h moving averages and the RSI-14 is neutral (BTC 42.4; ETH 44.6; SOL 41.4): there is selling pressure, but no exhaustion signal yet to foreshadow a recovery. The U.S. jobs report comes out today at 3:30 p.m. — it’s the macro data that could move the market for the rest of the day.
LEVELS
$BTC: support 75,208 USD (weekly low) | resistance 78,000 USD (moving averages) and 81,971 USD
$ETH: support 2,174 USD | resistance 2,314 USD and 2,450 USD
$SOL: support 88.30 USD | resistance 93.07 USD and 103.85 USD
SCENARIO A — Recovery
If BTC holds 75,208 USD and closes 4h candles above 78,000 USD, that opens the way to test 81,971 USD. ETH would follow above 2,314 USD.
SCENARIO B — Further declines
A 4h close below 75,208 USD for BTC opens the way to new weekly lows — and drags ETH below 2,174 USD and SOL below 88.30 USD.
WHAT WOULD CONFIRM IT
A 4h close above the moving averages (BTC 78,000 USD) with rising volume, or a confirmed break below support on volume. Until then, this is an uncertain zone, not one for confident calls.
RISK
Buying just because “it’s already fallen a lot” is the classic mistake: the RSI is not yet oversold and there’s no reversal signal. Volatility tends to rise on macro data days — size your position for the worst-case scenario, not the best.
CONCLUSION
Today’s bias: bearish in the short term, but conditional — as long as BTC holds 75,208 USD, the drop is a correction within the range; if it loses that level, the picture changes. Do you think support will hold until the jobs report? 👇
#Bitcoin #Ethereum #CryptoVision
