Solana Bull Run Is Over â The Crash Is Here Iâve been telling you guys for the last two weeks that the market is bearish, and now itâs finally happening. The Solana bull run is over, and weâre seeing the early signs of a major correction. The hype was unsustainable, and the liquidity is drying up and smart money is exiting. There is a high possibility that the market will crash even further. 4-Hour (4H) Chart Primary Demand Zone: $130 - $135 Weekly Chart Major Demand Zone: $100 - $110 $SOL $ETH $XRP #BTCDipOrRebound #InfiniHacked #BybitSecurityBreach #solanAnalysis
Iâve been telling you guys for the last two weeks that the market is bearish, and now itâs finally happening. The Solana bull run is over, and weâre seeing the early signs of a major correction.
The hype was unsustainable, and the liquidity is drying up and smart money is exiting.
There is a high possibility that the market will crash even further.
Bitcoin (BTC) is currently trading at $94,051, reflecting a 1.5% decrease from the previous close. Ethereum (ETH) stands at $2,648, down 4.7%. Other notable cryptocurrencies such as BNB, Cardano (ADA), and Solana (SOL) have also seen declines of 2.4%, 6.2%, and 8.8% respectively.
This market downturn aligns with a broader decline in the stock market, as investors move away from riskier assets. Additionally, a recent $1.5 billion hack on Bybitâs Ethereum wallet has added to market pressures, particularly affecting cryptocurrencies like XRP, which has fallen 4% to $2.47. #InfiniHacked #SaylorBTCPurchase #EthereumRollbackDebate #ETHPriceWatch #BybitSecurityBreach $BTC $ETH $XRP
Right now, the Fear & Greed Index is at 51 neutral territory. If BTC drops below 95K, panic selling will kick in, and a crash becomes more likely. At the end of the day, it all depends on where the whales decide to take the market. Once the crash starts, intraday traders will just stare at their charts, waiting to hand over their money to the whales. #MileiMemeCoinControversy #GeopoliticalImpactOnBTC #AIandStablecoins #BNBChainMeme #MarketLiquidation $BTC $ETH $XRP
All technical analysis will fail when the market is deliberately crashed. In highly manipulated or volatile markets, price targets that seem achievable based on technical analysis may become unrealistic. Crypto history has shown multiple instances where promising setups were invalidated by sudden crashes. Blindly following technical setups without considering macroeconomic factors, liquidity conditions, and market sentiment can be risky. Itâs important to stay cautious and manage risk appropriately instead of relying solely on technical analysis. Recently when $ETH hit $4100 most of new traders were dreaming about $8000 and Now ETH is below 2700. So stop dreaming and be realistic with yourself. Comment Down your opinion this đ #BNBChainMeme #CryptoLovePoems #BinanceAlphaAlert #zkLendCryptoHeist #XRPBullishOrBearish? $BTC $SOL