💎#SOL. WILL SOLANA RISE OR FALL? REVIEW FROM 25.04.2025
If BTC holds above $94,000, then altcoins will likely continue to rise over the weekend.
At the moment, altcoins are close to an important technical level - the 100-day moving average (100 SMA). This could be a resistance zone where the rise may pause.
I expect that on Monday-Tuesday there may be a local peak for altcoins. After that, a pullback is possible. Therefore, I recommend locking in at least part of your profitable positions by that time, and ideally withdrawing all profits by then.
Historically, at the beginning of the month, there is often a correction, especially due to the release of macroeconomic statistics (data on inflation, interest rates, etc.).
After the publication of the data, the market often determines the direction, and, as a rule, this is an upward trend in the second half of the month.
For Solana, we may locally see $162 - $180, after which, in my opinion, a pullback will occur. The peak we can see before summer is $200. My target is set at $175.