Btw showing weakness
By the way, the cryptocurrency is displaying weakness on both the 1-hour chart and the daily chart. After the significant price surge to $30,000, we've observed a lackluster price performance. Currently, we are closing below the daily Fibonacci retracement level of 50%, and the week is coming to an end. If this trend persists and we continue to close below this critical level (50%), it may lead to a decline. Our initial target for a potential drop is $28,000. If we don't find strong support at that level, there's a possibility of revisiting the previous month's low at $27,500.
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