Altcoin Sherpa, one of the closely followed analysts of the crypto money market, Dogecoin $0.168928 He warned a serious drop for his rival Dogwifhat (WIF). According to the analyst, there is a possibility that a decrease process that may take longer if WIF cannot hold at the level of $ 0.78.
Dogwifhat (WIF) warning
Altcoin Sherpa, WIF’in the current price movements of the $ 0.78 level said that the level should be maintained. He claimed that if this support was broken, the market structure could be negative for a short term. The WIF article was traded for $ 0.7791 at the time of being prepared and the price watched horizontally during the day.
Altcoin Sherpa: “If it cannot hold on these levels, a negative picture may occur for many Altcoin. In the short term, many coins are felt sales pressure.”
Expectations in Bitcoin Price
Analyst, Bitcoin 
$104,887.63 He also made evaluations for the leading crypto money is preparing for a new summit, he said. The shared graphs draw attention to the potential of Bitcoin to reach a new record level of $ 124,000. Sherpa said that there is a general recession in the markets, but Bitcoin remained strong in the long run.
Altcoin Sherpa: “BTC remains over $ 100,000 despite the conditions such as war, lack of interest rate cuts. A positive look.”
Analyst said that despite the current macroeconomic challenges, Bitcoin continued his strong stance, while some negative news suddenly warned that pricing may lead to harsh corrections. He made suggestions on distributing the risk and moving cautiously.
Altcoin Sherpa: orum I don’t go into too much position right now. I am harmful in some purchases, but I do not see it as a problem. BTC may rapidly draw down in an uncertain region and a negative news price, I prefer to use it to relax and research this period. ”
Hyperliquid and Market View
Another crypto asset in the focus of the analyst was Hyperliquid (Hype). Stating that HYPE may not have found the bottom level yet, the analyst claimed that if the fluctuations in the price of Bitcoin continue, the asset could test the Fibonacci level in $ 31.84.
Altcoin Sherpa: “If Hype is withdrawn.
While high volatility continues in the crypto money markets, especially in the short term, the evaluations of analysts on support and resistance levels are among the important indicators to be followed for investors. Investors should pay particular attention to risk management when taking analyst warnings and keep transaction decisions flexible according to market conditions. Current market developments should be monitored regularly, especially since sudden hard movements can be observed in subcoins.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
