We might be seeing a short-term correction

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We might be seeing a short-term correction, as the USDT supply is rising again and both ETH and BTC failed to break through their resistance levels — while Solana did. A brief pullback is possible, especially considering that the main reason behind the breakout was recent news about Trump. That could mean the breakout was a fake move or part of a temporary trend.

The three major currencies that usually drive the market are currently showing less bullish momentum for the coming days — except for Solana, which successfully broke its resistance. However, Solana isn’t continuing to climb either, likely because we still need a breakout from both ETH and BTC to confirm the move.

Penafian

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