Bitcoin 160 million won sideways… Ripple plummets, Solana strengthens BTC ETH XRP SOL price analysis

The domestic and international cryptocurrency market is showing mixed movements across major coins. Bitcoin is maintaining the 160 million won range while continuing to hover, Solana is showing strength, while Ripple has sharply declined. Bitcoin (BTC) is currently trading at 163.18 million won, slightly declining. The MACD histogram, a technical indicator, suggests a potential weakness shift, raising the possibility of further decline. However, the medium to long-term upward trend is still considered valid. Ethereum (ETH) is trading around 5 million won, dropping over 2%. It continues to move sideways without a clear direction, with the 5 million won support line acting as a critical technical benchmark. Short-term fluctuations are expected to be linked with Bitcoin's movement. Ripple (XRP) has fallen to 4,428 won, recording an 8.13% drop. With the technical upward trend line broken, market sentiment has contracted, raising the possibility of further decline. If the 4,000 won support line is breached, additional significant drops are anticipated. Solana (SOL) is trading in the 260,000 won range, maintaining a strong trend. The expansion of decentralized application ecosystem and increasing institutional demand are driving this performance, with predictions of potentially breaking the 300,000 won mark. Market experts forecast that Bitcoin's potential breakthrough of 170 million won will significantly impact the overall market trend, and they advise investors to exercise caution in this highly volatile market situation.