Crypto Market's June Finale! Fat Penguin Soars, KAIA Faces Waterloo
Last week's crypto market was truly a 'gamblers' paradise'! Bitcoin #BTC rebounded sharply from a low of $98,000, igniting a wave #MEMECOİN with overall volatility surging nearly 10%, directly reclaiming the critical $107,000 level. #上市公司山寨币财库 This wave of market activity has reignited everyone's risk appetite, with capital flooding into speculative sectors, and short-term trading is bustling. Despite large fluctuations in market sentiment, many are still hesitant and watching, but the activity level is noticeably higher than before. Overall, although the market is crazy, the confidence is insufficient, and everyone feels like they are sitting on an unstable scale, rushing and stopping.
📊 On the 1D chart, $SOL shows a clear consolidation in the $160–170 range. The RSI is in the neutral zone (52), and the volume is increasing. The recent breakout above MA50 may suggest an upcoming bullish impulse. 👉 Potential targets:
TP1: $185 (resistance from March)
TP2: $210 (peak from December 2023)
🧠 Is this a repeat of 2021? We also had a similar technical formation back then... and then a 4x explosion.
📣 I’m asking the community: ▶️ Do you think $SOL will break $200 in June? ❤️ Yes 😐 Maybe 💔 No
🧵 Let me know in the comments what you bet on – and don’t forget to follow! 🚀 #Crypto #SOL #Binance #Trading #Altseason
I bought at 125.5, I am still holding, it has to bounce back to a new high of 300-400
Blockchain Titan
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Bearish
🔍 Example: $SOL Price Action – Classic Smart Money Trap 🔻 Price dips just below the previous swing low, triggering panic and stop-losses. 🎯 It tags the H1 CE (Consolidation Equilibrium) zone — and immediately bounces back. 🚀 Then it aggressively breaks above the earlier consolidation zone, taking out buy-side liquidity.
What’s really happening? Big players are flushing out weak hands. They force retail out before launching the real move.