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Today's market is showing some mixed signals. Bitcoin is hovering around a key resistance level, while altcoins like $SOL and $LINK are seeing mild gains. Meanwhile, $ETH is holding steady, possibly prepping for a breakout. 🚀
If you're just starting out or looking to sharpen your trading instincts, take this moment to observe the trends, study market patterns, and learn how news impacts price movement. 🧠📊
💡 Tip of the Day: When the market goes sideways, it’s often a great time to learn, not just earn. Dive into on-chain data, watch the volume, and stay updated — knowledge is your best crypto asset.
Greetings. Can someone help me on which coin should invest in? I have some SOL & ETH at the moment. Frankly saying,I only have $30 in my account left behind. And should hold or make day trades in Spot.
leave the trades open. let the market fluctuate. enjoy the up n down candles. as soon as the market takes a bull run,recover your money, take profit and enjoy!
Pintu980
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This is my invested value how to overcome my losses pls advice
Solana ($SOL) was the best altcoin of 2023-2024, delivering an impressive 30x gain from its bottom, even during what many consider a fake bull run in crypto. This rally was not a true bull run since a real one typically occurs alongside a DXY (Dollar Currency Index) decline. However, this time, Bitcoin and Solana surged in parallel with the dollar, absorbing most of the market’s liquidity. When the real bull run arrives, this liquidity will likely be redistributed.
Technical Analysis: A Bearish Outlook
The current technical structure for Solana looks weak:
Solana has completed a full 5-wave Elliott Wave cycle and is now forming an ABC correction.
Wave A is ongoing, consisting of 5 smaller waves.
According to Awesome Oscillator (AO) and Fibonacci levels, Wave 5 is nearing completion, with a target of $110.
At $110, we need to see a green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] to confirm a potential short-term bounce.
After a rebound to $200 (Wave B), the bear market is expected to resume, with SOL potentially dropping below $100.
If you enjoy this analysis, please boost this article and subscribe to our page for more insights!$SOL