Solana's price remains stable around $70 even as large Bitfinex whales close significant long positions, causing heavy long liquidations. This deleveraging may clear excess risk, potentially setting up a bullish recovery if spot demand improves. However, weak spot demand, stablecoin outflows, and upcoming macroeconomic data create uncertainty, suggesting these whale exits might reflect broader crypto market caution and risk of a price drop below $70. Investors should watch for market liquidity and macro trends influencing Solana's next move.
Solana ETFs experienced consistent net inflows throughout July, signaling growing institutional demand despite Solana's (SOL) price remaining subdued around $73. The upcoming 'Alpenglow' upgrade, expected by the end of August, aims to significantly r...
Data from CoinGlass shows a significant decline in the number of Ethereum long-holding accounts in USDT-margined futures, indicating traders are reducing their bullish exposure despite stable overall long positions by size. This suggests a shift in r...
Solana (SOL) is trading around $73 but remains below important resistance levels at its 100-day and 200-day moving averages, indicating weak bullish momentum. The price is consolidating in a narrow range with neutral market indicators like the RSI ne...
XRP faces resistance near $1.09-$1.20 with weak momentum and low volume, indicating uncertain direction. Bitcoin consolidates around $63,000 below key moving averages, showing no clear trend reversal yet. Cardano rallies nearly 9%, breaking above sho...
Cryptocurrency markets showed mixed performance with Bitcoin and Ethereum prices slightly declining while several major altcoins like XRP, BNB, Solana, and Dogecoin posted gains. The total market capitalization remained steady around $2.16 trillion, ...
