Bitcoin is seeking support near $88,000 amidst US-EU trade war concerns, with BTC possibly dropping to $58,000 according to trader Peter Brandt. Fundstrat predicts a tough year for stocks and crypto in 2026 but expects BTC to hit new highs by year-end, offering hope for buyers amid market turbulence.

Ether faces pressure below moving averages, with a potential drop to $2,623 if support breaks. Cardano struggles near $0.33, risking a decline to $0.27, while Monero’s bounce fizzles out at $650, indicating a retracement to $417. Chainlink slips below averages, with possible downside towards $7.90.

Buyers will need to defend critical support levels to prevent further declines in Bitcoin and major altcoins, with technical analysis pointing to possible price targets and resistance levels for each cryptocurrency. Market sentiment remains cautious as traders monitor global macroeconomic factors impacting the crypto market’s recovery.

Read more at Cointelegraph: Bitcoin, Altcoin Sell-off As Global Tensions Lead Traders To Cut Risk