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Drone show at Token 2049. If you look carefully, a crescent moon is on top of the Binance logo above letter A. Couldn’t plan it better. To the moon🚀🚀

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Solana $SOL Reclaims $150 Amid Bullish Momentum and ETF Optimism Solana has reclaimed the $150 level in the current session, gaining nearly 3% as it eyes a potential bullish breakout. After plunging to an intraday low of $140 on Wednesday, SOL found strong support near the 20-day Simple Moving Average (SMA), triggering a rebound above $150. On-chain indicators remain bullish, with Solana’s stablecoin market cap surging to $13 billion signaling increased network usage and growing investor interest. Investor sentiment received another boost following a Bloomberg Intelligence report suggesting a 90% likelihood of U.S. regulatory approval for a Solana spot ETF. This optimism is fueled by filings from six major asset managers Grayscale, VanEck, 21Shares, Canary, Bitwise, and Franklin who are seeking to launch SOL-based ETFs. Weekly Price Overview SOL began last week in negative territory, slipping nearly 1% to $137. However, it rebounded sharply on Tuesday, rallying almost 9% to close at $148. The bullish momentum continued on Wednesday, with a 1.59% gain taking SOL to $151. On Thursday, SOL dropped to an intraday low of $145 but bounced back, rising nearly 1% to reclaim $150 and settle at $152. Friday brought some weakness as SOL briefly touched $156 before losing steam, falling over 1% to close at $150. The bearish trend extended into the weekend, with SOL dipping 1.08% on Saturday and 0.84% on Sunday to settle at $148. The downtrend continued on Monday and Tuesday, with SOL dropping to $147 and then $146, respectively. On Wednesday, selling pressure pushed SOL to a weekly low of $140, but a quick rebound helped it close at $147, posting a modest 0.81% gain. In today’s session, SOL has climbed back to $151. If bulls maintain momentum and break past the $155 resistance zone, the next leg higher could take Solana toward $160 and beyond, especially amid strengthening fundamentals and growing ETF optimism.

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$ETH began the previous week on a bearish note, peaking at $1,656 intraday before retreating to $1,579 by the close, logging a marginal loss. Momentum shifted on Tuesday as ETH surged over 11%, breaking past the 20-day SMA and ending the day at $1,757. The rally continued Wednesday with a 2% gain, pushing ETH to $1,796. However, the asset struggled to breach $1,800, dropping 1.4% on Thursday to close at $1,770. Friday saw a modest recovery, with ETH rising nearly 1% to $1,786. Saturday brought another bullish push as ETH climbed almost 2%, clearing the $1,800 level and the 50-day SMA to settle at $1,821. However, sellers returned on Sunday, dragging ETH down 1.6% to $1,792 and back below key support levels. Monday’s session was marked by indecision, though buyers managed a slight gain, lifting ETH to $1,799. Attempts to breach $1,800 faltered again on Tuesday, with a marginal dip to $1,798. On Wednesday, ETH dipped to an intraday low of $1,736 but recovered to close at $1,795, ending with a slight loss. In today’s session, ETH has surged past $1,850, currently trading at $1,843. If bulls maintain momentum and break through resistance at $1,860, Ethereum could be poised for a rally toward the $2,000 level a key psychological and technical milestone #AltcoinETFsPostponed #ETH #Ethereum

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Bitcoin Holds Strong Above $95K as US Economy Contracts

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Crypto Rover recently highlighted that altcoins have formed a triple bottom pattern a classic technical signal often pointing to a potential trend reversal and upcoming bullish momentum in the crypto market. This chart pattern indicates that altcoins may be establishing a solid support level, potentially setting the stage for upward movement if buying pressure intensifies (source: Crypto Rover on Twitter, May 1, 2025). Traders should watch for rising trading volume and clear breakout confirmations, as a move above resistance could present attractive risk-reward opportunities. #AltcoinETFsPostponed

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