We are expecting a retracement of approximately $90,000, if demand is strong enough break out to the upside will follow otherwise price will reverse and head straight to 73,000.
Solana price surged as the CME Group launched futures contracts, responding to "increasing client demand." This move comes amidst a downturn in the broader crypto market, with many digital assets slipping further into the red on Friday. The introduction of Solana futures by CME Group signals growing institutional interest in Solana, potentially paving the way for increased market stability and investor confidence. As Solana gains momentum, it stands out against the backdrop of a struggling crypto landscape.
# $BTC has bounced off trendline support, suggesting an upward move. However, a breakdown and retest could signal further downside toward horizontal support.