$SOL Crypto Markets Retreat After Strong Week

May 5, 2025 – Binance Square

After several days of sustained increases, the cryptocurrency market is experiencing a technical pullback. Bitcoin (BTC) fell 3.4% in the last 24 hours, settling below $61,000, while Ethereum (ETH) dropped 2.8%, trading near $3,000.

This movement is interpreted by analysts as a healthy correction after the strong capital inflow driven by positive macroeconomic data and renewed institutional interest.

Key factors of the pullback:

Profit-taking after the recovery in April.

Moderate expectations regarding the Fed's upcoming rate decision.

Slight decrease in trading volume on major exchanges.

Despite the drop, technical indicators show that BTC and ETH remain above their key moving averages, suggesting that the medium-term bullish trend has not yet been invalidated.

Opportunity or warning sign?

For many traders, this type of pullback represents a possible strategic entry before new bullish impulses.