Solana (SOL) price is attempting to recover after a sharp drop, currently trading near a key support zone between $80 and $90. A liquidation heatmap indicates growing short positions around $84 to $87, creating resistance for upward movement. For stronger bullish momentum, SOL needs to break above the $106 level, which is the next major trigger point. If buyers defend the current support, the price may first test the $84-$87 liquidity cluster before attempting the $106 breakout; failure to hold support could see a decline back toward $80.
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...
Bitcoin dropped to $75,498 during Asian trading, diverging from the global stock market's record highs. Major cryptocurrencies like XRP, Ethereum, and Solana fell nearly 1%, while Zcash saw a sharp 9% decline. Bitcoin is near its 50-day moving averag...
