Bitcoin is testing the $80,000 level, down approximately 1.8% to $80,100, after reaching a peak of $87,500 in late September, representing an 8% decline from that high. Binance Coin trades at $717, near the key $700 support, after giving up 11% from its record high at $810. Hyperliquid falls 4% to $77.80, only 1% above its 100-day moving average at $77, while Cardano drops 5% to $0.219, touching its 100-day support near $0.220. Technical indicators, with RSI levels around 38 to 40, signal seller dominance across all four assets, with a need to reclaim key levels to reverse the short-term trend.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
