Welcome to this weekly market analysis!

This article is today dedicated to BTC AND GROUND

Big fall in cryptocurrencies, how far will the market go?

Since our previous newsletter last Tuesday, the situation has not evolved in favor of the buyers, on the contrary, since the bearish precision continues to be led to since.

It is in constant that June is specially severe, without a dubble one of the most complicated for the long term.

You now know the Reette, like Chaques on Tuesday, we are going to make the general unit of the Cryptomonae market linked through the Asysy of the total capitalization of the market, which will allow us to orient our comments over -the way to Data Solana.

Despite the fall that in recent weeks have known in recent weeks, nothing has yet been played on the side of buyers, having large chalarnces to put the Matchuum Haussier on the market. Without Astendre, Lous drivers on tradingView to operate our market analysis

Capitaltisaton down acceleration

Last week, we had the certitude of the loss of the technical pivot at $ 2,400 million. After several evolution kits under this threshold, the total capitalization of the market has operated a lower accessleration, finding itself here support support Q

It is a critical threshold on which the market has managed to maintain itself since March. I adapt to the manifestation of the Achèdeur level technique to achieve a descend them as soon as possible.

Whatever happens, the market will have to avoid an break in this, which would lead to the new downwards in the lease of $ 1,770 billion and a bloodbath for altcoins.

To lend a moment, are on the low -range unit terminal, 2,110 billion and $ 2,625 million. Let us prevail in patience since the rebound has higher probabilities to occur.

Pour those who wish to expose themselves to the market, it is a first zone area which can be interested in the long dermis.

Loss of the low Bitcoin terminal, on the way for new supports?

Bitcoin was located last week on the technical pivot at 65,000 dollars. Having brimblely managed to do support, the sellers took the hand, leading Bitcoin to operate a drop out of the technical range in which he evolves in February!

The technical issue is particular since Bitcoin has just returned under the technical zone to 61,000 dollars (low range of the Range, operating as a support journalist).

In the current state of the cryptocurrency market, what should you be around? Pour one of the king of the king of the cryptomonae in force and puts a terms with a downward dynamics, the Activ will have to free himself as quickly as possible from the low terminal to avoid making it an elevation.

On the king of the cryptocurrencies, the bias will take a lowering as long as he evolves the old one. If he cannot regain in force and he is regetically re -aged in the real zone, it is necessary to admit to a fall towards 52,300 dollars. The next few days will be followed closely and will be of Umportance Crucia in the dynamics that the market will know during the next semines.

Floor on the wire of the razor

Datzen cutting this, we will be interested in Solana. We have had the opportunity for a few months to have an analysis of the situation of the situation.

On the 3D time unit, we have a sufficiently large life of the activity while having a more precise Iate of the action of the price. For several months, Sol has been evolving in a upward continuation triangle. After recent heights at more than $ 200, Solana finds himself in DIFIRCE following a lean leg, leading him on a major pivot (blue zone) at 127/135 dollars.

In confluence with the oblique support of the triangle and in view of the important wicks, testifying to the presence of the sellers, the soil dispose of the one configuration technique. If he can bounce back, what are the levaux to watch in the coming weeks?

  • The confluence of horizontal / Rob at 162 dollars
  • The resistance threshold of the summit from 2024 to 206 dollars

The leftovers house kondition soil that it does not fall under the blue zone since it would open the way to 100 dollars.

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Jürgen, analyst technique, at feeling mining.

Yields

Young enthusiast of financial marches and particularity of the world of cryptocurrency, the technical alsyses and the involvement make game of my routing to create arionable content.