TopCryptoNews

📈 Gold or stocks: which is more profitable over 25 years

If you had invested $10,000 in the S&P 500 in 2000, you would now have $77,495.

But if you had invested the same $10,000 in gold, your capital would have grown to $126,596.

Despite crises, inflation, and wars, it is gold that preserved and multiplied capital more than 12 times.

#BTC #GOLD

🫠 1 Bitcoin fee

Someone wanted to transfer 1 BTC to the Kraken exchange, but ended up with 0.0001 BTC ($10) because the fee was 0.99 BTC ($105k).

Consider that you locked in a profit, just not the way you wanted 😁

#BTC #bitcoin #USGovShutdownEnd? #StrategyBTCPurchase

📉 Why Is The Crypto Market Down Today?

The total crypto market cap (TOTAL) and Bitcoin ($BTC ) started Thursday on a bearish note, and the impact of the same has extended to altcoins.

🔸 The Crypto Market Cap Drops

The total crypto market cap declined by $44 billion and now stands at $2.95 trillion at the time of writing. Despite the drop, market structure shows early signs of stabilization. Selling pressure has eased following a bearish weekend, allowing digital assets to attempt a short-term recovery.

The Federal Reserve held its benchmark rate at 3.50–3.75% on January 28, its first 2026 policy meeting. The decision, described as “loosely neutral,” removed near-term fears of a more restrictive pivot. Nevertheless, the crypto market is yet to find a direction. For now, clearing the $3.00 trillion barrier is the target.

Recovery remains possible if sentiment improves alongside macro trends. If bullish conditions align with broader market strength, TOTAL could regain upward momentum. A coordinated move higher may push the total crypto market cap toward the $3.00 trillion level in the coming days.

🔸 Bitcoin Continues To Fail Breach

Bitcoin trades at $88,127 after a sharp Wednesday spike sell-off stopped the price from crossing the $90,000 level. The decline reflects heightened volatility and cautious sentiment across the crypto market. Recent weakness has placed Bitcoin near a critical technical zone that may define its next directional move.

If bearish momentum intensifies and Bitcoin breaks lower, the price could slide toward the next support level near $86,987, which marks the 23.6% Fibonacci Retracement. This level is also known as the bear market support level, holding BTC from falling below the $86,558 support level.

A bullish reversal remains possible if buying pressure returns. Strength above current levels could lift Bitcoin past $90,000. Reclaiming that resistance would open the path back above $90,000 and allow #BTC to target the $90,914 level, invalidating the bearish setup.

#Crypto | #MarketMeltdown |

🔘 Worldcoin spikes 40% as OpenAI reportedly plans biometric X rival

OpenAI-linked token Worldcoin spiked 40% on Wednesday following a report that the artificial intelligence firm is working on a bot-free social media platform that requires “proof of personhood.”

According to a Tuesday Forbes report citing sources familiar with the matter, OpenAI is aiming to develop a “humans-only platform” as a point of difference from other social media services on the market.

Still in its early stages, sources state that a small team of around 10 people is building the platform to compete with X, and that it has reportedly been in development since early 2025, according to tech news outlet The Verge.

Forbes’ sources claimed that any “proof of personhood” would likely be verified via Apple’s Face ID or the World Orb eyeball scanner, which has also been utilized as part of World, the blockchain and crypto project co-founded by OpenAI CEO Sam Altman.

Amid a broader crypto downturn in the latter half of 2025, $WLD has had a grim price performance, down almost 70% over the past 12 months.

The World Orb, which has seen criticism over its implications for personal data privacy, scans a person’s face and their iris to verify that they are a unique human. It is a key part of onboarding genuine users to the WorldCoin ecosystem and helps establish a World ID.

Details are sparse on how the reported social media platform could be integrated with OpenAI’s suite of products or potentially with $WLD . It is believed, however, that OpenAI’s ChatGPT will be integrated to help users create content such as videos or photos.

Altman has previously criticized bot activity on X and other social media platforms. Back in September, he said the current social media experience in general felt “fake” due to the sheer number of bot-like posts and comments.

#WLD | #Worldcoin | #OpenAI

🟠 "The dread I see from bitcoiners (and the football spikingfrom the haters) is very short-sighted to me given that since 2022 (right before the BlackRock ETF filing) Bitcoin is up 429%, gold 177%, Silver 350%, QQQ 140%.

In other words bitcoin spnked everything so bad in '23 and '24 (which ppl seem to forget) that those other assets still haven't caught up even after having their greatest year ever and btc being in a coma.

IMO what happened was the 'institutionalization' narrative got priced in very quickly and ahead of it all actually happening. So it had to take a breather so the actual narrative could catch up to the price.

$BTC #BTC #Bitcoin

🔥 1inch denies involvement in 14 million token sale that sent $1INCH to record lows

The 1inch team has issued an official statement on X denying any involvement in the sale of 14 million $1INCH , its native cryptocurrency, an action that led to the token crashing to its all-time low on Tuesday, January 27.

Its statement on X read, “With respect to yesterday’s activity, no $1INCH was sold from wallets controlled by 1inch entities or our team, or our treasury multisigs. We do not control third-party holdings or their trading decisions.”

The 14 million token disposal worth $1.83 million triggered a market panic and caused the token to hit a downward trend. However, it began to show signs of recovery during the late hours of January 27, trading around $0.12 after hitting a record low of $0.1127.

However, that rally was short-lived, as it resumed its downward trend until the 1inch team released its public statement denying any involvement with the token sale. The token has gone up a bit and now trades at around $0.116, as of the time of writing.

The clarification comes after on-chain analyst Ember tracked the transaction to an address that had received 15 million $1$1INCH rough vesting unlocks approximately one year ago.

1inch team pledges to review tokenomics

In the same statement, 1inch informed its community that it plans to review aspects of its tokenomics structure in 2026, stating, “1inch Network this year plans to review aspects of its tokenomics to further strengthen resilience during market downturns and times of low liquidity.”

The team provided no specific details about proposed changes, but the announcement signals that it is an acknowledgment that some parts of its current token distribution model need updating.

The 1inch team stated that their mission and vision remain unchanged, writing, “It is that focus which has pushed our total swap volume to almost $800B since 2019 and allows us to sustain hundreds of millions in daily volume even during bear markets. 1inch is as strong today as ever.”

#1inch

🗣️ Ethereum Founder Vitalik Buterin Makes Statement on the Future of Cryptocurrencies! “There Are Three Urgent Matters”

Ethereum co-founder Vitalik Buterin, in a recent interview in China, stated that Decentralized Social (DeSoc) solutions top the list of applications he most wants developers to build, followed by “smarter” DAOs.

Buterin noted that he observed a departure from these goals at the implementation level; a significant portion of the energy and capital in the sector was shifting towards products that did not generate “social value.”

In the interview, Buterin summarized his current motivations under three “urgent” headings: preventing cryptocurrencies from spiraling into a “doomsday scenario” and becoming 100% speculative, advancing Ethereum technology further, and preventing the future from succumbing to a centralized AI-controlled order. According to Buterin, if the cryptocurrency ecosystem fails, the risk of centralized AI becoming dominant in the technology world will increase.

Buterin noted that Ethereum has made significant progress in scaling over the past year (e.g., increased gas capacity, the deployment of zkEVM, improvements in wallet experience), but his main concern lies in the application layer: He stated that despite the large number of applications being created, if a significant portion of them lack “real social meaning,” decentralized technology could be reduced to “toy or casino”-like products.

Buterin exemplified this shift in direction at the implementation layer with the memecoin boom. In the interview, he interpreted the possibility of Donald Trump releasing a memecoin in early 2025 as a sign of “where the industry has come to”; then, he argued that with the emergence of a second token (MELANIA), the first token (TRUMP) would become “effectively irrelevant”.

The rapid rises and sharp falls of memecoins associated with political figures have fueled debates about market confidence and reputation.

#ETH | #Ethereum | #VitalikButerin

🦄 Uniswap Brings Continuous Clearing Auctions to Arbitrum One

Uniswap Labs has deployed Continuous Clearing Auctions (CCA) on Arbitrum One, giving builders a new onchain way to launch tokens with open participation and transparent pricing. With the rollout, Arbitrum teams can run token auctions onchain, discover a clearing price through live bids, and then seed liquidity on Uniswap v4 at that same market price. Uniswap said CCA is permissionless and free to use, with guides available for teams that want to integrate it.

CCA is built to address common launch problems that crop up during early token distribution. The fixed price sales may result in rushes and mispricing, and the Dutch auctions may provide a reward to timing rather than valuation. One-shot auctions are prone to last-minute sniping, and even bonding curves can be manipulated in the thin liquidity case.

A lot of launches are also dependent on centralized market makers, which introduces a sense of trust and potentially moves value off-user. CCA replaces those approaches with an auction that clears continuously and spreads demand across time.

Arbitrum also promoted the deployment as a new option for fairer token launches on Arbitrum One. In a post on X, the network said CCA supports market-driven price discovery and automatic liquidity seeding while running on its platform and liquidity ecosystem. Community responses have lauded the launch as useful for both sides of the market, since builders get distribution and liquidity tooling, and users get an auditable process.

🔸 How Uniswap’s CCA Runs Auctions and Seeds Liquidity

A Continuous Clearing Auction starts when a project commits a portion of its token supply and sets parameters such as duration and a floor price. Participants then place bids using a budget and a maximum price they are willing to pay. Instead of selling everything at once, CCA releases tokens over time using a block-by-block schedule.

#Uniswap | #Arbitrum | #ARB | #UNI

💰Capital flow from Silver to $BTC ?

Analysts note that historically, the BTC/Silver exchange rate reached its minimum 13 months after the peak, showing a drop of 75-85%📉

At the moment, it's the twelfth month, and the collapse is already at 78%.

According to this dynamic, a capital flow from Silver to BTC could start in the first half of 2026.

#BTC #Bitcoin #Silver

⚡️ Bloomberg Senior Analyst McGlone Reveals His Latest Prediction for Ethereum (ETH): “Get Ready for This Level!”

Bitcoin and altcoins have suffered greatly from the downtrend that began in October and is still ongoing. Ethereum (ETH) has also experienced significant losses, and these losses may deepen further.

Bloomberg senior analyst Mike McGlone stated that Ethereum could fall to as low as $2,000.

Ethereum is giving investors mixed signals as bearish macroeconomic signals clash with record-high on-chain data.

At this point, the seven-day simple moving average of active Ethereum addresses has risen to approximately 718,000. Despite the increase in activity on the ETH network, Ethereum is struggling to break out of its established transaction range.

Given this mixed picture, Mike McGlone believes Ethereum is more likely to retest the $2,000 level than to break above $4,000.

The analyst noted that Ethereum has been stuck in the $2,000-$4,000 range, but recently momentum has shifted towards the lower end of this range.

“Ethereum appears to be moving towards the lower end of the $2,000-$4,000 range since 2023.”“Especially when market volatility rises again, I think it’s more likely to stay below $2,000 than to rise above $4,000.”

McGlone had also warned about Ethereum’s trajectory last December. In a post from his X account, he stated that his general prediction for ETH was bearish, saying, “Ethereum $2,000 or $4,000? My prediction is that the trend will be downward.”

#ETH | #Ethereum

💥 Cardano Over Ethereum, Insider Shares Crucial Security Difference

A major security difference between the Ethereum (ETH) and Cardano (ADA) blockchains has been highlighted amid a hack that led to the loss of $4.13 million. A Cardano DRep, known as "dori" on X, shared the security of Cardano over Ethereum in a post detailing how the compromise took place.

🔸 Ethereum MEV design blamed for $4.13 million exploit

According to dori, the hacker exploited a vulnerability on the DeFi protocol, Makinafi, on Ethereum. They argue that Ethereum’s transaction-ordering design allowed MEV bots to profit from the hack before the malicious actor did.

Notably, due to Ethereum’s security structure, the MEV bots reordered the hack transaction and captured most of the profit. This resulted in the loss of approximately $4.13 million, which was split between the hacker and the MEV bot.

💬 This is absurd. a hacker exploited a vulnerability in @makinafi on $ETH , but MEV bots detected it first and captured most of the profit. In the end, Makinafi lost about $4.13M to the hacker and MEV bots.It’s basically like a bank robbery where a government official shows up and… — dori (@dori_coin) January 27, 2026

Dori insists that it is the Ethereum design that allowed this to happen, as it prioritized profit over security. They compared the development to a "bank robber stealing money, then a government official shows up and takes the money from the robber."

They emphasized that, in a fair system, Ethereum’s priority should have been stopping the hacker or recovering the funds, not allowing them to redirect the money to themselves. Dori blames this lapse on the security architecture of Ethereum, a consequence of relying on a blockchain that prioritizes profit over safety.

Comparing this to Cardano, dori maintained that the blockchain is better as "fair financial infrastructure."

#ADA | #Cardano | #ETH | #Ethereum

📊 Solana price prediction bulls eye rebound as $1.3b stablecoin inflows hit key support

Solana price prediction leads weekly stablecoin inflows and DEX revenue while SOL trades near oversold support, eyeing a rebound toward the $130 resistance zone.

Solana (SOL) price prediction as bulls recorded the largest weekly stablecoin inflows among major blockchain networks, according to data from Artemis, as the cryptocurrency’s price traded near technical support levels.

The blockchain registered approximately $1.3 billion in net stablecoin inflows over the seven-day period, representing the highest positive net change among competing networks, according to the data. Solana was the only chain to record such substantial inflows during the period measured.

SOL, the network’s native token, traded near support levels following a daily decline and a larger weekly drop. The asset’s 24-hour trading volume increased significantly during the period, according to market data.

💬 Solana is NOT OVER as long as this support holds the price — Nehal \ January 27, 2026

Institutional investment in Solana-based exchange-traded funds remained limited. U.S. spot SOL ETFs reported minimal inflows last week, marking the lowest levels in recent records, according to fund flow data.

Ethereum, by contrast, registered substantial stablecoin outflows during the same period, topping outflow rankings among major blockchain networks, the Artemis data showed. Other networks including Ripple, Polygon PoS, Aptos, and Arbitrum recorded mixed results but remained significantly behind Solana in stablecoin activity.

Solana also led in decentralized exchange revenue and volume during the period, according to blockchain analytics data. The network’s performance in short-term DEX revenue outpaced other layer one and layer two blockchain platforms.

The broader cryptocurrency market declined recently amid regulatory concerns and liquidations of leveraged positions, according to market analysts. Major digital assets remained below recent price highs.

#SOL | #Solana

🔵 $ADA to $0.5? Cardano's Classic Pattern Hints at 30% Move if Validated

Cardano eyes a potential major move, which might culminate in a 30% price gain as a classic chart pattern takes shape.

This comes despite a continued sell-off in the market, with Cardano's price trading in the red. At the time of writing, ADA was down 1.23% in the last 24 hours to $0.354.

According to Ali charts, Cardano is consolidating in a triangle on its hourly chart with potential for a breakout. A triangle chart pattern sees the price moving into a tighter and tighter range as time goes on before a breakout either up or down. This has the potential of Cardano reaching nearly $0.38, setting up for a 7% move.

💬 Cardano $ADA is consolidating in a triangle, setting up for a potential 7% move. — Ali Charts (@alicharts) January 24, 2026

The bigger implication of this move is that $0.38 marks a key barrier whose breakout might see Cardano target beyond $0.484, a nearly 30% increase from current prices.

Cardano entered into a range after hitting a low of $0.345 on Jan. 19. The chances of consolidation remain in the short term as momentum indicators hint at range-bound movement before the next major move.

🔸 Cardano news

Cyber Hornet has filed for an S&P Crypto 10 ETF, which could be the first S&P-linked spot basket and includes Cardano.

Cardano founder Charles Hoskinson hints at new Cardano Critical integration, saying, "We actually have more on the way this month that I think people are gonna be very happy about."

Cardano has surpassed 118,400,000 total transactions on the mainnet. The Cardano Leios team has released a mempool visualizer.

As throughput increases, the mempool becomes critical infrastructure. This time, transaction propagation, ordering behavior and fragmentation effects start to matter. This visualizer sits alongside the Leios simulation framework and renders trace data so researchers can replay scenarios, inspect how mempool state evolves across nodes and study behavior under different network and protocol conditions.

#ADA | #Cardano

⚫️ BlackRock Files With SEC to Launch iShares Bitcoin Premium Income ETF

BlackRock could soon debut its iShares Bitcoin Premium Income ETF, according to a registration statement filed with the SEC on Friday.

The new ETF will track the "performance of the price of Bitcoin while providing premium income through an actively managed strategy of writing (selling) call options on IBIT shares and, from time to time, on indices that track spot bitcoin exchange-traded products ('ETPs'), including [iShares Bitcoin Trust] (such indices, 'ETP Indices')," the issuer said in its SEC filing.

In practice, this means the fund sells options that give other investors the right to buy its IBIT shares at a set price and collects the option premiums as income. Shares in the ETF will represent fractional beneficial interests in that income and the fund's Bitcoin, IBIT shares, and cash.

A BlackRock spokesperson told Decrypt the firm cannot comment further on how the new fund will compare to competitors or when it will share details about the expense ratio for the new ETF.

It's normal for initial S-1 registrations to leave out details like tickers, custodians, and management fees. But for the sake of context, there are a few similar Bitcoin income or covered-call ETFs already trading.

The NEOS Bitcoin High Income ETF has traded under the BTCI ticker on the Cboe BZX Exchange since its October 2024 launch. As of Friday, it had $1.09 billion worth of assets under management. The expense ratio for BTCI is approximately 0.99% of assets annually. That means investors pay just under 1% of their invested assets each year to cover the fund's operating and management costs.

Actively managed ETFs, like BTCI and the new iShares offering, charge higher fees to cover the costs of implementing their option-writing strategy. A passive spot Bitcoin ETF, like IBIT, keeps its operating costs lower because it doesn't trade derivatives, time markets, or make discretionary strategy decisions.

#BTC | #ETF | #BlackRock

🚀 Dogecoin Volume Rockets 197% as Bear Momentum Grows

Dogecoin (DOGE), the king of the meme coins, has surged by 197% in trading volume despite battling price volatility. According to CoinMarketCap data, Dogecoin’s volume hit $1.29 billion in the process as transactions increased on the DOGE market.

🔸 Dogecoin trading volume surge sparks speculation

Dogecoin’s overall outlook might be bearish, but the spike in trading volume has the potential to trigger a recovery. Notably, when the meme coin’s volume is reduced, it often amplifies price swings on the market.

Given that liquidity in the crypto space has dropped lately, Dogecoin is more prone to market sell-offs. Retail traders looking for quick funds might choose to offload DOGE and cut their losses. However, if trading volume continues to soar, it could signal a revival of retail interest in the meme coin.

The development could lead to price stabilization for Dogecoin, whose weekly loss stands at over 5.19%. In the last 24 hours, DOGE has fluctuated between an intraday low of $0.1178 and a peak of $0.1234. As of press time, Dogecoin is exchanging hands at $0.1211, which represents a 1.72% decline within this period.

Dogecoin’s decline is not unique, as the broader crypto market fell by 1.02%. Clearly, DOGE is underperforming the market, and this could be because Bitcoin (BTC) has also slipped within this time frame. DOGE’s coupling with Bitcoin often triggers a significant decline in the meme coin when BTC drops.

Additionally, Dogecoin’s technical chart shows that its price currently sits below crucial moving averages. This has increased the bearish outlook as selling pressure grows. The Relative Strength Index (RSI) of the meme coin is at 34.66, signaling downward pressure, but it has yet to slip into the oversold territory.

This suggests that the bearish momentum could linger for a while unless a major shift occurs. The confirmation of a death cross recently adds to DOGE’s woes and leaves a fast recovery in doubt.

#DOGE | #Dogecoin

🪙 $XRP Rockets 214% in Volume as Market Sell-Off Liquidates $745 Million

The crypto market is mostly trading in red on Monday, with $745 million recorded in liquidations in the last 24 hours.

XRP reached a low of $1.83 early Monday after dropping to $1.80 on Sunday as crypto markets fell in thin weekend trading, extending a pullback that has dragged on since the past week.

At press time, XRP was down 0.70% in the last 24 hours to $1.88 as cryptocurrencies fell ahead of a busy week, with the Federal Reserve's two-day FOMC meeting starting on Wednesday and major technology players announcing earnings.

The Federal Reserve is set to announce its rate decision, with investors expecting it to leave rates unchanged. However, traders will be paying very close attention to Chairman Jerome Powell's post-meeting press conference, which presents the real intrigue.

After delivering three back-to-back quarter-point cuts, the central bank is expected to hold steady on Wednesday.

Amid the sell-off, XRP trading volume rose 214% in the last 24 hours to $3.34 billion, according to CoinMarketCap data.

🔸 What's next for $XRP price?

XRP fell for four straight days in a row, reaching a low of $1.80 on Sunday. The drop coincides with outflows from XRP ETFs.

According to Sosovalue, spot XRP ETFs saw about $40.6 million in weekly outflows, suggesting institutional profit-taking.

XRP's price drop however, presents a silver lining, with the MVRV indicator now suggesting it to be undervalued.

The MVRV for XRP has fallen into the negative, currently at -5.7%, which suggests being undervalued.

The XRP price seems to be building a base near $1.80, forming what analysts might describe as a triple bottom support zone. Each test has drawn buyers, but rebounds have been limited.

Market sentiment remains fragile after continued profit-taking following a rally at the start of the year. The Federal Reserve's first rate decision of this year will now be widely watched by traders.

#XRP | #Ripple

📊 2 Altcoins to Watch In The Final Week Of January 2026

The crypto market took a turn for the worse in the last few days and while the macro financial conditions are showing signs of improvement. Nevertheless, altcoins are leaning more on the external network developments to turn for the better.

🔸 Hedera ($HBAR )

HBAR trades near $0.1058 at the time of writing, extending a downtrend that began more than three months ago. Persistent bearish market conditions have slowed Hedera’s growth. Price action remains under pressure, reflecting cautious sentiment as investors assess whether the prolonged decline is nearing exhaustion.

Despite weakness, signs of accumulation are emerging. The Money Flow Index has turned higher, indicating rising buying pressure and fading sell-side momentum. This shift suggests dip-buying activity is increasing. If sustained, HBAR could attempt a break above $0.109, opening the path toward $0.114 and $0.120.

Downside risk remains if key support fails. A decisive move below the $0.103 level would weaken the structure. Under that scenario, HBAR could slide toward $0.099 or lower, invalidating the bullish thesis and extending the broader downtrend.

🔸 River ($RIVER )

RIVER surged 198% over the past week, trading near $80 at the time of writing. The rally pushed the altcoin to a new all-time high of $84 during intraday trading. Strong momentum reflects aggressive buying as traders rotated into high-performing assets amid improving market sentiment.

Technical indicators confirm the bullish trend. The Parabolic SAR remains below the candlesticks, signaling an active uptrend. Sustained capital inflows continue to support price expansion. If momentum holds, RIVER could extend gains toward the $100 psychological level and potentially reach the $115 target.

Downside risk emerges if profit-taking accelerates. Heavy selling could break the $60 support level, weakening the structure. Under that scenario, RIVER price may retrace sharply toward $36.

#HBAR | #RIVER

🎰 On January 24, the meme token Nietzschean Penguin (PENGUIN) on the Solana network surged in price dramatically - from $0.01 to $0.16, showing an increase of about 1500%.

The catalyst for the growth was a post from the White House with a photo of Donald Trump next to a penguin.

For unknown reasons, users of the crypto community associated this image with the PENGUIN token.

Presumably, the reason was the visual similarity with the AI-generated pictures used in the project's promotion.

The meme coin itself was launched on January 16.

Before the publication, the asset's capitalization was around $300,000, but at its peak, it reached $170 million. Later, the figure adjusted to $112 million, and the coin's price dropped to $0.11.

According to Arkham, one trader managed to earn about $1.5 million in just 72 hours by investing $53,900 in buying the token.

$PENGUIN #PENGUIN

🟣 Solana's Price on the Verge of Retesting $119: Details

The crypto market is down, and the negative trend has seen Solana’s price continue to plunge in the deep red territory amid rising selling pressure.

On Jan. 25, popular crypto analyst Ali Martinez has shared insights suggesting that Solana is attempting more downside pressure, which could see it retest 2025 lows.

🔸 Solana forms new support zone

According to the analyst, Solana is showing signs of an extended correction phase, and its on-chain movement has pushed its price to potentially forming new support around $119.

After surging as high as $144.62 during the last week, Solana has seen strong resistance at that level and has continued to face strong rejection near $144, seeing it trade far below that level.

Following the consistent rejection near the resistance level, Solana has entered a corrective phase, slipping below intermediate support around $131.45, and it is now trading near the $127 region.

While this correction phase has continued to persist, Solana might see further price declines, and $119.54 has now become a critical level to watch out for.

🔸 Solana risks retesting $119

According to the analyst, the $119 level has become an important zone as it has previously acted as a strong demand region, where buyers stepped in to stop declines by acquiring more tokens while triggering price rebounds.

Considering the heavy accumulation around that region, the analyst has urged investors to closely monitor whether SOL can once again find support there if selling pressure continues.

While the ongoing drawdown across major crypto prices has come immediately after a sharp rally earlier in the month, it appears that the move may be a healthy correction rather than a full trend reversal.

Nonetheless, if the asset fails to hold above $119, it poses Solana at the verge of deeper losses, causing the asset to retreat further.

#SOL | #Solana