Crypto Market Sentiment Remains Mixed Amid Ongoing Global Developments

The crypto market has been experiencing mixed sentiment due to ongoing global macroeconomic and geopolitical developments. Bitcoin started the week positively, reaching $66,000, but failed to sustain gains, dropping back down to $63,000. The daily RSI for BTC is hovering around 50, suggesting a potential positive reversal if buying momentum strengthens.

Ethereum, on the other hand, climbed to a fresh high of $1,981, reaching the key resistance zone between $1,980 and $2,030. Despite facing resistance, ETH continues to exhibit bullish momentum with a daily RSI above 56, indicating sustained buying strength.

Solana remained range-bound throughout the week while continuing to show underlying bullish strength. On the daily chart, SOL's RSI stands at 45, and the Stochastic Oscillator has declined to 18, entering the oversold zone, suggesting a potential short-term price recovery if buying interest returns.