Two cryptocurrencies with short-term gains amid market crisis; Analysis

O Bitcoin price Today saw a significant drop of over 2% in the last 24 hours, which caused the asset to trade below the $95 level. Just like BTC, the cryptocurrency market has been experiencing considerable price drops over the last day. In this scenario, an analysis revealed two cryptocurrencies with short-term highs amid the recent market crisis.

The analyst known as “TheHunters_Company” on TradingView shared two technical analyses highlighting the potential short-term growth of Ethereum (ETH) and Sei (SEI). Sharing the chart of both cryptocurrencies, the expert suggested that it is a good time to invest in the cryptocurrencies, targeting their potential price increase soon.

“Given the support range we are in, we expect Ethereum to see short-term growth. Be sure to keep an eye on capital management,” stated . According to the analyst, ETH’s first target has been reached. “Don’t forget to save your profits. Be successful and profitable,” he added.

At the time of publication, the price of Ethereum was trading at $3.381,93, with no increase in the last 24 hours. In the same period, Ethereum (ETH) trading volume was $18.052.637.183, representing a decrease of 24,80% compared to a day ago and signaling a recent drop in market activity.

This week, Ethereum surpassed the $3.500 mark, according to data Binance’s market cap. This development reinforces growing investor interest, especially after the volume of funds traded in Ethereum exchange-traded funds (ETFs) in the United States surpassed the $2,5 billion milestone.

In the same sense, when analyzing the SEI cryptocurrency chart, the expert signaled the potential short-term upside, suggesting investors are buying the token. Just like ETH, the SEI chart also showed that the cryptocurrency has reached its first price target, as highlighted by the analysis.

At the time of publication, the price of SEI was quoted at US$0,4179 with a drop of 2.0% in the last 24 hours.