Total Quality
Score
106213
96800.0000000000
111800
BTCUSDT
1H
The analysis provides a market update on Bitcoin, Ethereum, and Solana using technical analysis. For Bitcoin, the analysis identifies a descending channel forming. The analyst expects a potential retest of the mid-range around $103,000, and presents a bullish scenario where, after testing the range, Bitcoin experiences a breakout and rally towards new all-time highs with a 97000 fail price. For Ethereum, the analyst indicates a pullback to the $2200 level before a rally to $3800, highlighting an ascending trendline, the predicted trend is bullish and we also infer a 1800 fail price. Solana's analysis points out a descending trend having recently broken through and prints a similar market structure to most of all coins with $250 target price, the failure price bound is $119.
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