Ethereum and Solana are displaying W-bottom patterns, suggesting possible recovery. The recent deleveraging of 19 billion USD has alleviated market risks but caution is advised given Bitcoin’s undecisive path.
Despite maintaining levels, market sentiment is highly cautious. Ethereum remains supported at 3,600 USD, while Solana stands firm at 180 USD, amidst fears which could affect future performance of altcoins.
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