German Crypto Analysis

#PEOPLE reached the set levels, after passing from $0.09700 - $0.10050, the price fell sharply. (about 50%) With the increase in selling pressure and the prevailing fear in the market, the price continued to fall after breaking the $0.07400 level and fell to the $0.04400 area. Now the price has experienced some improvement. The recent price drop has been very strong, but considering the strong upward trends that this currency has created in the past, we can expect a strong return to the broken levels from the price.

#ENA poured heavily even from the descending channel and reached the level of support , vital and initial demand. The $0.350-$0.300 level is the last support level that can be considered for the price and the price has respected it so far. The main scenario is the breaking of the dynamic resistance and then returning to it and starting to grow up to the previous peaks. To maintain this scenario, the price must still trade above the current level.

#ZENUSDT has broken a dynamic resistance in the daily time frame and has now retested it. #ZEN is showing a strong probability of a bullish continuation . consistently respected the descending resistance. Recently, it broke upward and completed a retest phase. Currently, it’s resistance at $10.50 - 9.80 . The bullish probabilities are strong due to the formation of strong candles, the breakout of a strong descending resistance, and the creation of bullish momentum at key support levels. if the price fails to ascend from the support at $8.5 and loses momentum, this scenario would clearly indicate that seller sentiment is in control, and #ZEN could drop significantly.

#Ethereum 🔹 falls below $2,900, down 4.9% in 24 hours Ethereum fell below $2,900 and is now quoted at $2,899, a 24-hour drop of 4.9%.

#TRON🔻 is moving upward with confidence, consistently making new highs and closing above them. The price has recently broken out and closed above the previous high, and while it hasn't yet reached the upper border of the channel, its bullish momentum is expected to lead to further upside extension. #TRX is likely to experience a correction against the trend soon, as it has reached the strong resistance at $0.13 . This correction will present an opportunity to go long. We expect the price to pull back following the level breakout and then continue trending upwards. the first target is resistance zone at $0.145

#Bitcoin🪙 made a good return from the bottom of the channel and recovered to $58,000, it has reacted to the middle line of the downward channel and there is a possibility of the price returning to the bottom of the channel 🔻. If it crosses the middle line of the channel, the first target is to return to $61,000🔺.

#Ethereum🔹 has returned to its main demand level, maintaining the level of 2870-3030 dollars in the 4-hour period is a sign of the continuation of the upward trend. The reform process has intensified. The price moves in the ascending channel on daily timeframe, and the probability of the price returning to the floor and the area of ​​$1900-$2120 is high. When the price drop becomes intense, fear dominates the market, and many whales take advantage of the opportunity and invest in safe currencies.

#CryptoQuant: Bitcoin miners' "surrender" may be a bottom signal On July 4, since the latest Bitcoin halving event (April 19), that is, after the reward of halving every time a new Bitcoin block is halved, the world's largest cryptocurrency has begun to show signs of surrender of miners, because miners may close down. Underperforming equipment and began to sell Bitcoin to hedge risks. 🎓

⚡️Bitcoin season has started on the cryptocurrency market again, it can be announced if altcoin index drops below 25 points. Usually at such time we see BTC share growth and sell-offs on altcoins 🤔 36 days ago Binance 💰 announced a $1 billion fund to save the cryptocurrency market, but so far it hasn't saved anyone and all funds are lying idle. Apparently prices are not yet low enough for CZ to start saving the crypto market 🤷 💭Solana strolled to $8 yesterday, but then was repurchased. Even Vitalik Buterin participated in the rescue, who spoke of a "bright future" for SOL after the removal of dirty FTX money from the project 💰