Binance Square

SolanašŸ“ˆšŸš€šŸŒ

3.6M views
714 Discussing
Uchechukwu Promise
--
Hello everyone, Let's not get anxious about this market drop. We're not day traders, so it's crucial for everyone to remain patient. This downturn might be due to some panic selling by certain individuals who might not be seeking significant profits in the $BTC market. Despite the recent dip, I'm confident that BTC will surpass 38,000 soon. Today alone, the market saw a gain of over $3000 in #BTC. This downward movement might just be an opportunity for buyers to get in at a more affordable price. Remember, BTC is still demonstrating an extraordinary bullish momentum. It's advisable for everyone to adopt a dollar-cost averaging (DCA) strategy durin these market fluctuations. These moments often provide opportunities for buyers to make purchases at lower prices.Always trade with sufficient funds and proper risk management.#BTC #SolanašŸ“ˆšŸš€šŸŒ
Hello everyone,

Let's not get anxious about this market drop. We're not day traders, so it's crucial for everyone to remain patient. This downturn might be due to some panic selling by certain individuals who might not be seeking significant profits in the $BTC market.

Despite the recent dip, I'm confident that BTC will surpass 38,000 soon. Today alone, the market saw a gain of over $3000 in #BTC. This downward movement might just be an opportunity for buyers to get in at a more affordable price. Remember, BTC is still demonstrating an extraordinary bullish momentum.

It's advisable for everyone to adopt a dollar-cost averaging (DCA) strategy durin these market fluctuations. These moments often provide opportunities for buyers to make purchases at lower prices.Always trade with sufficient funds and proper risk management.#BTC #SolanašŸ“ˆšŸš€šŸŒ
See original
#ChristmasMarketAnalysis Solana (SOL) continues to show impressive performance despite the sluggish crypto market. šŸš€ Solana’s Total Value Locked (TVL) is currently at a 2024 high of 55.37 million SOL! šŸ“ˆ This shows that despite SOL’s price fluctuations, network activity remains strong. Rising TVL often indicates long-term optimism and network health. šŸ’Ŗ In the past two days, Solana’s on-chain transaction volume has reached over $3 billion per day, with 67.77 million transactions in the past 24 hours—the highest number in 11 months! šŸŽ‰ Although SOL is down 23% from its peak, many believe that now is the time to watch for a potential recovery. šŸ”„ Currently, SOL’s price is between key Fibonacci retracement levels, and the RSI is close to entering oversold territory. šŸ“Š There are signs of recovery, with selling pressure easing and outflows decreasing. šŸ“‰ However, derivatives markets suggest that SOL may not be fully ready to rally again. šŸ¤” So, while Solana is showing solid network performance, the road to price recovery may still take some time. ā³ Let’s see how things develop! 🌟 {future}(SOLUSDT) #SOL #solanainfo #SolanašŸ“ˆšŸš€šŸŒ
#ChristmasMarketAnalysis
Solana (SOL) continues to show impressive performance despite the sluggish crypto market. šŸš€ Solana’s Total Value Locked (TVL) is currently at a 2024 high of 55.37 million SOL! šŸ“ˆ This shows that despite SOL’s price fluctuations, network activity remains strong.

Rising TVL often indicates long-term optimism and network health. šŸ’Ŗ In the past two days, Solana’s on-chain transaction volume has reached over $3 billion per day, with 67.77 million transactions in the past 24 hours—the highest number in 11 months! šŸŽ‰

Although SOL is down 23% from its peak, many believe that now is the time to watch for a potential recovery. šŸ”„ Currently, SOL’s price is between key Fibonacci retracement levels, and the RSI is close to entering oversold territory. šŸ“Š

There are signs of recovery, with selling pressure easing and outflows decreasing. šŸ“‰ However, derivatives markets suggest that SOL may not be fully ready to rally again. šŸ¤”

So, while Solana is showing solid network performance, the road to price recovery may still take some time. ā³ Let’s see how things develop! 🌟

#SOL #solanainfo #SolanašŸ“ˆšŸš€šŸŒ
--
Bullish
Login to explore more contents
Explore the latest crypto news
āš”ļø Be a part of the latests discussions in crypto
šŸ’¬ Interact with your favorite creators
šŸ‘ Enjoy content that interests you
Email / Phone number