Bitop Analysis: BTC, ETH, and XRP on the Brink of a Bearish Collapse

Bitop’s recent analysis suggests that Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are facing significant bearish pressure. The report analyzes trading volume trends and technical indicators to support its claim. BTC shows signs of resistance at around $111,705 after a brief rise, coinciding with the Fibonacci level 0.618. A potential short-selling opportunity emerges, and the report offers entry points and stop-loss targets for traders.