Solana (SOL) is trading near a critical support zone around $82, close to several Fibonacci levels, after reaching a short-term target on the 4-hour chart. Buyers need to push the price above the green signal line near $85.50-$86.00 to confirm a local low and potential recovery. If SOL fails to bounce, further declines toward $78.89, $77.95, or lower support levels near $75.40 and $71.92 could occur. Holding this support zone, dubbed the "Great Wall of SOL," is crucial to prevent further downtrend and may serve as a base for a recovery if buying momentum strengthens.
Ethereum's price is trading just above $2,000 after a steep decline from $2,500, raising concerns about a potential crash below this key level or a bullish reversal. This weakness is part of a broader crypto market pullback, with Bitcoin, Ripple, and...
Solana's price is hovering just above a key rising channel's lower trendline, a pattern that previously preceded a 54% crash in January. Despite a bullish appearance, declining buying volume and slowing accumulation by long-term holders suggest weake...
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
David Hoffman, co-founder of Bankless, revealed he sold his Ethereum (ETH) holdings because the 'ETH is Money' thesis has ended. He remains optimistic about Ethereum's network but believes the ETH token failed to capture enough value as the ecosystem...
The crypto market continued its decline with total capitalization dropping 1.5% to $2.53 trillion and Bitcoin falling nearly 3% to around $75,000. This selloff is driven by macroeconomic uncertainty, significant outflows from Bitcoin and Ethereum ETF...
