From Investing.com: 2024-05-10 02:30:18

Bitcoin is edging closer to falling below the $60,000 level, facing downward pressure from a descending trendline and forming lower lows, signaling a continuing downtrend due to resistance met at lower highs. Decreasing trade volume hints at a potential trend reversal, although the market remains bearish for now.
Shiba Inu (SHIB) is in a bearish descending triangle pattern as it tests crucial support at 0.00002260, with a break below potentially leading to the 0.00002100 level test. Overcoming resistance at 0.00002400 could trigger a short-term bullish reversal, but EMAs convergence can cap gains amid high volatility.
Solana (SOL) faces a critical juncture near the $128 support level, which has been breached before, casting doubt on its strength. Decreasing selling pressure indicates a potentially exhausted market with buyers possibly regaining control for an upward price movement, despite doubts on forming a bullish reversal pattern.

Read more at Investing.com: Bitcoin (BTC) on Verge of Losing $60,000, Is Shiba Inu (SHIB) Ready for It? Solana (SOL) Forms Reversal Pattern By U.Today