Solana (SOL) has rebounded 23% from its June low of $60 to trade near $74, facing resistance around $74.65-$75, coinciding with a technical sell signal and the 200 SMA on the 4-hour chart. Approximately 600,000 SOL tokens recently moved to centralized exchanges, suggesting potential selling or hedging pressure. Key support remains at $73, with further downside risks to $60 and $50 if the recovery fails, while breaking above $80-$82 could signal stronger gains. Analysts remain cautious, watching for confirmation of a sustained uptrend or a possible pullback.
The cryptocurrency market has entered a zone of 'extreme fear' with the Crypto Fear & Greed Index dropping to 23. Investors are rotating capital away from Bitcoin and Ethereum into select altcoins like Ripple (XRP), Solana (SOL), and Hyperliquid (HYP...
Solana's price surged nearly 9% over three days following Morgan Stanley's update to its spot Solana ETF filing, which introduced a 0.14% fee and named staking providers. This fueled optimism for institutional investment and staking rewards exposure....
Bitcoin and major altcoins gained as oil prices eased and hopes for an Iran-U.S. deal boosted sentiment. Bitcoin is trading between key support near $60,000 and resistance around $66,000 to $68,000, with analysts warning of a bearish chart pattern th...
U.S. spot Bitcoin ETFs experienced $227 million in outflows last week, led by Grayscale's $156 million withdrawal, as traders reduced leverage amid rising Bitcoin inflows to exchanges and cautious institutional sentiment. Despite these outflows, Bitc...
A newly created wallet deposited 6.68 million USDC into Hyperliquid and opened $48 million in 20x leveraged short positions on Bitcoin, Solana, and Ethereum. The position includes 430.64 BTC, 181,245 SOL, and 4,280 ETH, heavily weighted towards Bitco...
