$XMR continues to trade inside a descending channel, with price reacting again below the upper trendline. The recent push was rejected near 500, keeping structure corrective rather than bullish.
As long as XMR remains below the channel top, downside risk persists. The lower boundary around 420–430 remains the key area to watch if pressure resumes.
$ETH decisively broke below its multi-week range support around 2,650, accelerating downside momentum. Price is now trading near 2,530, representing a drawdown of roughly 25% from the range highs near 3,400.
As long as ETH remains below the broken range, market structure stays bearish. Any bounce into 2,650–2,700 should be treated as corrective unless reclaimed and accepted.
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$XRP remains inside a clear 4H down channel and just swept below the lower boundary before snapping back toward 1.75. That breakdown attempt is the key signal. If price can reclaim the channel line, we get a relief bounce setup. If it keeps rejecting, the downtrend stays in control.
As long as XRP holds 1.72–1.70, a bounce toward 1.80–1.84 is in play, with 1.88–1.92 as the next resistance area inside the channel. Losing 1.70 would reopen 1.68 and 1.61 as the next downside magnets.
$BTC All eyes on the monthly candle close tonight.
Price is pressing against the long-term rising support, a level that has defined the broader trend for 12 years.
How this candle closes will be critical. A hold keeps the macro structure intact. A decisive close below would signal a meaningful shift in market conditions.
#MarketCorrection Bitcoin OG insider is deep in the red, sitting on over $110M in unrealized losses across $BTC , $ETH and $SOL after aggressive long positions.
Historic volatility across metals. In less than 24 hours, the sector erased roughly $7.4T in value.
Silver collapsed -32%, dropping toward $77 and wiping out nearly $2.4T in market cap. Gold followed with a -12.2% move, falling toward $4,708 and erasing close to $5T.
This was not organic selling. Forced unwinds, leverage flushes, and positioning resets dominated the move.
$TAO is in a clear 4H downtrend and just pressed into the 212 support area after another leg lower. The blue trendline remains the main ceiling, and price is still struggling to build a meaningful base, so any bounce is still a corrective move until proven otherwise.
As long as TAO holds 210–212, we can see a relief bounce toward 221–229 and 233–237. Losing 210 would likely extend the selloff toward 206 and then 200. Bulls need a reclaim above 233–237 to shift momentum away from this bearish structure.