Bitcoin and several major altcoins have experienced downturns from their overhead resistance levels, suggesting continued selling pressure from bears, according to reports. This development indicates a struggle for BTC and other altcoins to sustain upward momentum. The analysis highlights the ongoing volatility and challenges within the cryptocurrency market, where resistance levels are tested and market participants react to price movements. The report suggests caution for traders as selling on rallies persists.

Bitcoin and several major altcoins have experienced downturns from their overhead resistance levels, suggesting continued selling pressure from bears, according to reports. This development indicates a struggle for BTC and other altcoins to sustain upward momentum. The analysis highlights the ongoing volatility and challenges within the cryptocurrency market, where resistance levels are tested and market participants react to price movements. The report suggests caution for traders as selling on rallies persists.