$DOT is currently undervalued, and most weak hands have already exited the market. This leaves a strong base of long-term holders and institutional investors focused on growth rather than short-term gains.
With reduced selling pressure and solid future potential, $DOT is well-positioned for a rebound as the market recovers. Buying at this low price presents a prime opportunity to capitalize when $DOT surpasses $5 again.
The crypto market has seen intense fluctuations this week! Bitcoin initially surged toward $100,000 following the Bybit hack but quickly pulled back. However, BTC rebounded with a $7,000 recovery from its $78,000 low and is now steady around $85,000.
Altcoins are thriving too! Ethereum gained 5%, surpassing $2,200, while BNB rose 4%, approaching $600. Ripple held the $2 level and surged to $2.17 with an 8% increase. SOL, DOGE, ADA, and others are also in the green! 🎉
What are your thoughts on the market? Share in the comments! 💬
The whale sold 96,155 $SOL , earning $4.5 million. However, the problem is that he bought them at an average price of $100 a year ago and could have sold for $250 not too long ago. Even whales are starting to panic and sell at the lows.
Are we going even lower? I don’t think so. As mentioned earlier, we are approaching a major support zone around the $87K mark for BTC. While a drop to $71K is possible—especially with Trump seemingly doing everything to crash the markets—there’s still hope. Whales and institutions are largely continuing to accumulate, despite occasional large sell-offs.