Cryptocurrency Market Analysis: Examining Bitcoin, Cardano, and Solana

As the trading day comes to a close, Bitcoin (BTC) is battling near the crucial support level of $110,500. Altcoin recovery hinges on preserving this critical threshold. An upcoming inflation report, set for Friday, could impact market trends if there’s a shutdown. What do current charts reveal for Cardano (ADA) and Solana (SOL)? Michael Poppe highlights his preferred chart and explains its implications.