According to Michaël van de Poppe, many altcoins have reached new lows today, but are starting to show a wick, indicating potential for a positive response. He suggests that an upcoming event could further strengthen this response, making it advisable to consider adding risk in these areas for potential gains. Source: Michaël van de Poppe (@CryptoMichNL).

According to Michaël van de Poppe, $SEI is currently experiencing new lows. The initial step for recovery involves reclaiming the last low as support, with the critical target being $0.19. Achieving this price point would indicate a potential bottoming process, suggesting better trading territories ahead.

According to Michaël van de Poppe (@CryptoMichNL), the cryptocurrency Optimism ($OP) has reached new low price levels, indicating potential bearish sentiment in the market. Traders should monitor support levels closely as continued declines could signal further downside potential.

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin needs to gain momentum this week to avoid dropping below $82K, which could lead to new lows. A break above $84.5K, however, could signal a strong bullish trend.

According to 𝐋iquidity 𝐃octor, the 1-hour structure of Ethereum (ETH) is currently in a clear downtrend. Unless the price closes above the designated Green line, which is the Change of Character (ChoCH) point, the trend is likely to continue downward. The analyst anticipates new lows beyond yesterday's low and notes significant liquidity between the $1800-$1700 range, which could act as a magnet for price movement.