BITCOIN & ALTCOIN HOLDERS: DON'T GET TRAPPED NOW!!! Bitcoin News, Ethereum, Solana, XRP & Chainlink

Market Analysis & Predictions - Bitcoin is bouncing from a short-term support level, while Bitcoin dominance is also technically bouncing [1] - A bearish divergence is likely to be confirmed on the weekly Bitcoin price chart, potentially leading to bearish price action in the next 1-2 months [2][6] - The momentum is currently pointing more in the bearish direction, despite the short-term bounce [6] - Expect Bitcoin support between $110,000 to $112,000 in the short term, but the situation looks more bearish for the next few weeks or the next month [13][15] - Ethereum is still struggling and rejecting from the resistance area between roughly 3900 to 4100 [38] - XRP is potentially hours away from further confirming the significant bearish divergence on the weekly XRP price chart, which is not good news for the next one or two months [53][56] - Chainlink is bouncing at the price target of $1550, but expect a lot of resistance between $1750 to $18 [66][68] Funding Rates & Altcoin Season - Bitcoin funding rates are relatively neutral and even starting to dip below neutral towards the negative direction, while altcoin funding rates are flipping negative [32] - The Bitcoin dominance is still currently bouncing from a major area of support, meaning that there's not currently an altcoin season happening [29][30] Trading Strategies & Risk Management - The industry is potentially looking out for short positions if the price runs into a key point of resistance and starts rejecting [20] - The industry should be very careful using high leverage when it comes to XRP, ideally nothing more than 10x [62][63]