Bitcoin has regained the psychological price level of $40,000. However, it is doubtful whether the bullish momentum can be sustained above this high. The cryptocurrency is trading in the downtrend zone and lacks buyers at a higher price level.
The Ethereum price (ETH) is in a downtrend as the bears have broken below the $3,000 support level. The largest altcoin has lost the $3,000 price level that held last week.
The price of Polkadot (DOT) is in a downward correction after the cryptocurrency fell to a low of $17. Since April 11, selling pressure has eased as bulls have bought the dips. Polkadot is in an upward correction to previous highs.