BTC is adjusting while ALTCOINs are weakening in sync, ETH and XRP are falling, SOL remains strong.

The crypto assets market is exhibiting a volatile trend, with Bitcoin trading in the range of 120 million KRW, showing a downward trend. According to major exchanges in South Korea, the current trading price of Bitcoin is 127.76 million KRW, down about 1% in the last 24 hours.

Market experts analyze that Bitcoin is currently in a short-term adjustment phase, indicating that technical indicators show that downward pressure may persist. In particular, the short-term moving average has fallen below the long-term moving average, and this bearish signal has led to a shrinkage in investor sentiment. Experts predict that if BTC cannot recover the 130 million Korean won mark, the likelihood of further decline is high.

Ethereum ( ETH ) is trading in the range of 4.3 million KRW, down 1.56%; Ripple ( XRP ) is reported at 2723 KRW, showing a fall of 1.65%. In contrast, Solana ( SOL ) maintains relative strength at 179,000 KRW, demonstrating the differentiation among altcoins in the market.

Global financial uncertainty and regulatory risks also put pressure on the market, and the decrease in trading volume reflects investors' wait-and-see attitude. Experts diagnose that Bitcoin is currently near major technical support levels, which may create a rebound opportunity, but at the same time, they call for a cautious investment attitude.

Market participants emphasize that risk management, diversification, and maintaining a long-term perspective are crucial strategies. They advise investors to avoid overreacting to short-term volatility and to develop strategies that consider the medium to long-term investment value.

TokenPost AI Notes

This article uses the language model based on TokenPost.ai for article summarization. The main content of the text may be omitted or differ from the facts.