Bitcoin bulls tried to spark a recovery, but were met with heavy selling pressure near $107,000. A similar fate awaited most altcoins, which sold off from their respective resistance levels.
💡 DMK Insight
Bitcoin’s struggle at $107,000 is a critical moment for altcoins like SOL and LTC. The heavy selling pressure indicates that traders are cautious, and this could lead to further declines if support levels aren’t maintained. For SOL, currently at $153.45, a drop below $150 could trigger panic selling, while LTC at $97.72 faces similar risks if it can’t hold above $95. These levels are crucial for swing traders looking to capitalize on potential rebounds or further declines. If Bitcoin can’t reclaim its footing, expect correlated moves in altcoins, as market sentiment often shifts in tandem. Keep an eye on volume trends; a spike in selling could signal a broader market correction. Here’s the thing: if Bitcoin breaks below $100, it could set off a chain reaction across the crypto space, leading to more aggressive sell-offs. Watch for how SOL and LTC react to these dynamics over the next few days.
📮 Takeaway
Monitor Bitcoin’s ability to hold above $100; a failure could drag SOL below $150 and LTC under $95, prompting further selling pressure.






