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Information about the price of Binance-Peg SOL (SOL) in the stock market.
📰 Current top news Major investment from BIT Mining BIT Mining announced it will invest between 200-300 million dollars to purchase SOL and create a large treasury of the currency, resulting in its stock on Wall Street more than doubling (newsnow.com, Investopedia). Investment flows into the Solana-staked ETF REX-Osprey Sol + Staking ETF (SSK) was launched on the U.S. stock exchange, achieving trading worth 20 million dollars on its first day, and is expected to expand its share further with the launch of similar funds (Cointelegraph, MarketWatch).
$BTC Last time my predictions were incorrect, and the voting was bullish on Bitcoin against the US dollar. And until now. I will vote bullish for the second time and God willing, I will be successful.
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📢 Are we close to the peak? 💥 The price of Bitcoin is currently at $117,722.73... and the market is anticipating a breakout above $120,000. Is it time for the launch? Or are we on the brink of an upcoming technical correction?
📊 In this quick analysis on the 5-minute timeframe: The price is trading above MA50 and MA100 👉 Temporary bullish signal. RSI is nearing the overbought zone (above 70). Momentum is showing gradual slowdown.
🔍 Areas to watch: Main resistance: 120,000$BTC First support: 115,600$BTC Second support: 113,000$BTC
⚠️ Failure to break the resistance may indicate the beginning of a short-term correction, and possibly a rapid decline!
🧠 Your opinion matters! Do you expect Bitcoin to rise above 120K? Or are we facing a sudden reversal? 💬 Share your analysis in the comments 👇
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