BITCOIN & ALTCOIN CRASH JUST GOT WORSE!!!!! - Bitcoin News Today, Ethereum, Solana, XRP & Chainlink

Market Trends & Analysis - Bitcoin ETFs experienced a significant net outflow of approximately $800 million on Friday alone [2] - The Bitcoin dominance is showing a short-term bounce, which is generally unfavorable for the altcoin market [1][34] - A bearish divergence is forming on the weekly Bitcoin price chart, indicating a potential slowdown in bullish momentum [7][8] - Ethereum is facing strong resistance between roughly 3900 to 4100 美元, leading to a rejection [37] - XRP is at risk of breaking below the $0.3 level, potentially confirming a bearish divergence on the weekly chart [47][48] Trading Signals & Strategies - The analysis suggests looking for short positions in the crypto market in the short term, rather than long positions [14][21] - Key entry points for short positions include breaking below support levels or rejecting from resistance levels [22][24][25] - Chainlink has broken below $17.50, with a potential continued drop towards approximately $15.50 [59] Risk & Reward - XRP could potentially drop towards $0.2, representing a potential 30% move to the downside [51][52] - A 10x leverage short position on XRP from the current price to $0.2 could yield a 300% profit [53] Exchange Promotions - Bitex offers up to $40,000 in trading bonuses and a $200 bonus for depositing $1,000 [28] - 2bit is hosting a $3 million trading competition and offers trading bonuses [30]