#MarketPullback The crypto market is experiencing a significant downturn, with a $325 billion market cap vanishing in recent days. #Bitcoin plummeted to $95,000, triggering $1.2 billion in liquidations. Other major coins like Ethereum, Solana, XRP, and BNB also suffered substantial losses. The market turmoil is attributed to the Fed's inflation comments and potential rate hikes.
*Main Coins Affected:*
- *Bitcoin (BTC)*: Down 13% from its recent high - #Etherium (ETH)*: Experienced double-digit losses - *XRP*: Fell by 9.8% - *BNB*: Dropped by 9.2% - #solana (SOL)*: Suffered significant losses
#SolanaSurge #Solana (SOL) is a cryptocurrency trading near $132, with a market capitalization of around $66.36 billion to $69.65 billion. The coin's current price represents a 1.81% to 2.72% increase over the past 24 hours, with a 24-hour high of $136.20 and a low of $131.25. Solana's price has risen by 13.33% over the past week and 5.36% over the month, but it's still 28.56% down year-to-date.
Solana is currently trading in a downtrend, but analysts predict a potential bullish breakout. The coin's RSI and MACD indicators suggest bearish momentum, but some analysts see a possible trend reversal. Key support levels are at $120 and $100, while resistance levels are at $160 and $184.
#TariffsPause Top economy analysts are weighing in on the potential impact of Trump's 90-day tariff pause with some seeing it as potentially beneficial for Bitcoin as economic uncertainty drives investors to safe-haven assets. The announcement of a US #BTC reserve led to a surge in Bitcoin's price, rising over 10%, and #Ethereum increasing by 13% to $2,500. Analysts predict a potential long-term uptrend for Bitcoin, with projections ranging from $120,000 to $250,000 by 2025, fueled by growing institutional interest and the recent Bitcoin halving event. However, experts caution that accelerated cryptocurrency adoption without sufficient regulatory frameworks could heighten market volatility and destabilize the broader economy. Invest wisely!
Those who are facing loss, Stay calm and be patient!
Current market conditions can be tough, but crypto markets are known for their volatility. If you're in loss, avoid making impulsive decisions. Instead, focus on your long-term investment strategy and ride out the storm. Remember, every downturn is an opportunity to learn and come back stronger.
I have already lost $80. I bought 3.76 LTC when the price was at 109. If I hold it for a long time, is there a possibility that the price of LTC will reach 110 in 1-2 years?
$BTC , $ETH , $SOL The crypto market is highly volatile, and predicting prices can be challenging. However, based on current trends and market analysis, here are some possible price movements for #BTC , and top altcoins in the next 24 hours:
Bitcoin (BTC) #Bitcoin's price surged past $90,000, potentially driven by increased mainstream adoption and interest. In the next 24 hours, we might see:
- *Continued upward momentum*: If the current trend continues, #Bitcoin's price could reach $100,000 or more. - *Correction and consolidation*: Alternatively, Bitcoin's price might experience a correction, potentially ranging from $85,000 to $90,000.
Top Altcoins Other notable altcoins, such as #Ethereum #Polkadot and #Solana might experience significant growth due to their strong fundamentals and innovative technologies. In the next 24 hours;
- *Ethereum (ETH)*: Potential price range: $3,000 to $3,500. - *Polkadot (DOT)*: Potential price range: $20 to $25. - *Solana (SOL)*: Potential price range: $80 to $100.
Keep in mind that these predictions are based on current market trends and analysis. The crypto market is known for its volatility, and prices can change rapidly.
A mysterious trader made a huge bet on #Bitcoin and #Ethereum, using $50 million to buy $2.5 billion worth of each. Then, a tweet from #Trump's account (later revealed to be fake) announced US approval of #Cryptocurrency as a reserve asset.
#Bitcoin and #Ethereum prices surged, earning the trader a $650 million profit. But when #Trump's press briefing didn't mention cryptocurrency, prices plummeted, leaving ordinary investors with big losses.
It looks like the trader made off with a huge profit, while others were left holding the bag!
Solana's (SOL) technical analysis suggests a mixed outlook. Here's a breakdown:
Oscillators - The Relative Strength Index (RSI) is neutral, indicating neither overbought nor oversold conditions. - The Stochastic Oscillator is neutral, suggesting a balance between buying and selling pressure. - The Commodity Channel Index (CCI) is neutral, indicating that the price is within a normal range.
Moving Averages - #The Simple Moving Average (SMA) and Exponential Moving Average (EMA) indicators are mostly bearish, with 12 out of 14 indicators suggesting a sell signal. - The 10-period SMA is below the 20-period SMA, indicating a potential downtrend.
Pivot Points - The pivot point is at $145.45, with support levels at $132.53, $136.56, and $141.41. - Resistance levels are at $150.3, $154.34, and $159.19.
Overall Technical Rating - The overall technical rating for SOL is neutral, with 13 indicators suggesting a sell signal, 8 indicating neutral, and 4 suggesting a buy signal.