Second Panorama: $SOL bullish in the short/medium term.
In my view, Solana’s bullish outlook depends on the bearish signal that is currently in a rally.
If it holds its support at 72.73, then it would be forming an 8.8% upside signal; but if it meets the 4% signal—meaning if it pulls back to 70.85, which is for me the next bounce—then it would be forming an 11% upside signal. Both signals have a breakout at 78.87 and a possible pullback at 80.30.
Target for the possible 8.8% signal: $85.70 Target for the possible 11% signal: 87.44
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First Overview: $SOL bearish player in the short/medium term.
SOLANA is executing the bearish signal that began yesterday, July 28. For now, the targets remain the same: 4% downside to 70.85, and if this support is broken, we go to 6% downside to 68.42. It’s important to note that the weekly trend is positioned at 70.85, so a bounce at this support is very possible.
A possible recovery upon the news could be from $73.68 to $74.12; the latter price is unlikely.
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LibelulaGozen
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$SOL
Good morning!!
Double floor signal cancelled. A drop of 4% started to 70.85 USD and a possible 6% to 68.50 USD.
Remember, it’s within a 68% correction downward signal. Any bad news will cause it to resume this signal, because it’s quarterly—the first SOL analysis on my profile.
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Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
It is forming an uptrend signal of 15%, with a breakout at $66988 and a target of $76893.
A possible pullback at the time of the news could be from $63461 to $63083, with a potential pullback at 68873.
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Initial Overview: BTC bearish in the short/medium term.
It is forming a 6% drop signal—a pattern that repeats across several altcoins—which gives the impression that the market could correct by roughly 6%.
A possible recovery at the time the news breaks could be from $65190 to $65783, in order to resume the decline, with a target at $58996.
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The market is a double-edged sword; that is, in my analysis both short-term/medium-term scenarios remain valid. It has not invalidated either the bearish signals or the bullish ones. For that reason, today I’m going to update both the bearish and bullish outlook for $BTC and $SOL
My goal is to have these detailed analyses ready before 2:00 PM (Venezuela time), so we’re one step ahead of volatility.
Remember to give "LIKE" if this helps you and share! Thanks for reading and valuing the content! Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or Trading advisory.
Today Wednesday, July 29 at 2:00 PM (Venezuela time), the Federal Reserve Interest Rate Decision will be announced (where consensus expects a pause with no changes) and later, what I consider the most important thing today is Jerome Powell’s press conference, since the language he uses will be key for the opening of September 2026.
Although the market will react to the immediate volatility of the statement and to the 2:30 PM remarks, from my macro perspective, this mainly represents short-term noise.
The real determining move and the structural volatility for the crypto ecosystem won’t come from the Fed today, but rather around August 7 or 8, with the developments around the regulatory framework of the CLARITY Act.
The definition of competencies between the SEC and the CFTC, along with clear rules for institutions, will be the real engine that moves underlying liquidity.
In today’s current price action, the market keeps both bullish and bearish structures active in key timeframes; that is, no scenario has been invalidated yet.
It’s very likely that this consolidation range will remain until the close of the first week of August. The key will be the strict monitoring of the main supports and resistances.
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Waiting for the outlook for Q3, if we have very negative fundamentals for the market, we could see a pullback between $34860 and $29500 between August and September. Remember that the 54% signal is still active and in pullback; it has not been invalidated yet. It is quarterly and can go up and down as much as it wants until the close of the quarter. If the quarter closes above $63083, we could consider it to be invalidated.
For the month of July closing, with a 21.5% correction signal, with a breakout at $58649 and a target of $46300.
Still active is the 15% upside signal up to $76893, if it breaks the resistance at $66988. As long as this correction does not drop below $57900.
Thanks for reading and valuing the content! Trader Libélula 🦋🦋🦋
Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
LibelulaGozen
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Good afternoon! My first post. My personal analysis on the semiannual timeframe of BTC, depending on fundamentals and political/social/economic announcements, suggests that we may already be starting a new bullish period for the crypto market. My BTC projection: Maximum pullback to 55764. Next ATH between 143764 and 168069.
If fundamentals are negative for the market, we could see a pullback between 34860 and 29500 between August and September.
Just a simple idea! Not financial advice or consulting! Trader Libélula 🦋🦋🦋
BTC three days away from closing July: it is still possible to see a pullback toward the $55,764 or $52,000 zone before starting a bullish rally (possible second wave of the semiannual Elliott cycle) with the goal again of setting a new ATH between $143,764 and $168,069.
The key factor is the approval of the Digital Asset Market Clarity Act (Clarity Act or Clarity Law) in the Senate between August 7–8, 2026. If it is approved before the summer recess of the mentioned date, it would be the biggest regulatory boost in crypto history. At the time of approval, a "sell the news" (profit-taking and a possible short-term correction) is likely. However, the medium- and long-term impact would be strongly bullish. This law would drastically reduce regulatory uncertainty, attract massive institutional capital, and enable adoption in ETFs, stablecoins, DeFi, and tokenization.
If it is not approved, the project would likely be pushed back to 2027 (or a lame-duck session with low probabilities), and this could trigger a strong correction due to disappointment. To watch!!
Thank you for reading and valuing the content! Trader Libélula 🦋🦋🦋
Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
Double floor signal cancelled. A drop of 4% started to 70.85 USD and a possible 6% to 68.50 USD.
Remember, it’s within a 68% correction downward signal. Any bad news will cause it to resume this signal, because it’s quarterly—the first SOL analysis on my profile.
Remember to give it a "LIKE" if I helped you with the post! Thanks for reading and valuing the content!
Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
LibelulaGozen
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$SOL
Good evening!!
To cancel the double-floor signal, that is, to break support 73.47, you may start a drop signal of 4% to 6% Possible bounces between 70.85 and 68.42.
For now, it’s holding the W pattern proposed in the afternoon. For now, this is the bearish outlook for the short to medium term in my personal analysis.
Remember to give it a "LIKE" if I helped with the post! Thanks for reading and valuing the content!
Trader Libélula 🦋🦋🦋 Disclaimer: This analysis only reflects my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, investment recommendations, or trading guidance.
To cancel the double-floor signal, that is, to break support 73.47, you may start a drop signal of 4% to 6% Possible bounces between 70.85 and 68.42.
For now, it’s holding the W pattern proposed in the afternoon. For now, this is the bearish outlook for the short to medium term in my personal analysis.
Remember to give it a "LIKE" if I helped with the post! Thanks for reading and valuing the content!
Trader Libélula 🦋🦋🦋 Disclaimer: This analysis only reflects my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, investment recommendations, or trading guidance.
LibelulaGozen
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Bullish
$SOL
Good afternoon! Valid double-floor signal. Rejection at 77.34usd achieved!!
Signal break: 78.87usd Pullback: 80usd Target: 84usd Remember that if support at 73.47usd breaks, the signal is canceled.
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Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, investment recommendation, or trading guidance.
Good afternoon! Valid double-floor signal. Rejection at 77.34usd achieved!!
Signal break: 78.87usd Pullback: 80usd Target: 84usd Remember that if support at 73.47usd breaks, the signal is canceled.
Remember to give "LIKE" if I helped with the post! Thanks for reading and valuing the content!
Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, investment recommendation, or trading guidance.
LibelulaGozen
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$SOL
Good evening!! Cancelled pattern W
Double floor in progress, possible pullback at 80 USD Possible retracement down to 76 USD at the weekly open
Thanks for reading and valuing the content! Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects solely my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
Double floor in progress, possible pullback at 80 USD Possible retracement down to 76 USD at the weekly open
Thanks for reading and valuing the content! Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects solely my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
LibelulaGozen
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$SOL
There is a possibility of a 7.3% double floor. Break at 78.87 Target 84.40 Entry now is high risk; wait for it to break above 76 USD.
¡Thank you for reading and valuing the content! Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informative purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
Valid Double Bottom: Possibility of pullbacks and entries between 74.02 and 73.68
Caution: With a break of the 73.47 floor, the closer we get to month-end, the more volatile the movements.
Thank you for reading and valuing the content! Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects solely my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
LibelulaGozen
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$SOL
There is a possibility of a 7.3% double floor. Break at 78.87 Target 84.40 Entry now is high risk; wait for it to break above 76 USD.
¡Thank you for reading and valuing the content! Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informative purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
There is a possibility of a 7.3% double floor. Break at 78.87 Target 84.40 Entry now is high risk; wait for it to break above 76 USD.
¡Thank you for reading and valuing the content! Trader Libélula 🦋🦋🦋 Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informative purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
Good afternoon! $SOL at this moment it is still to be confirmed a signal of 68% drop with a target at 33.32usd, which began when it broke the support of 103.94usd.
If your pullback exceeds 109usd and 130usd respectively, it could end the 117% rally up to 157usd; if it rejects 109usd or lower, it would confirm the 68% drop and resume the correction carefully with the support from 40usd to 38.49usd.
Everything is chart monitoring and fundamentals; everything can change drastically.
Thank you for reading and appreciating the content! Trader Libélula 🦋🦋🦋
Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
A double top is currently being executed almost flawlessly, formed by yesterday's daily close of a 2.27% drop down to 75.30usd.
If this support breaks, it could reach 74.98, and it may still maintain a bullish signal of 18% up to 94.
Thank you for reading and valuing the content! Trader Libélula 🦋🦋🦋
Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading guidance.
I’m sharing a long-term analysis idea with SOLANA.
In my personal market analysis, $SOL is one of the few altcoins that currently shows an extremely clean and reliable technical structure and an Elliott Waves formation on higher timeframes.
If macroeconomic conditions or fundamentals DO NOT support it—meaning, if there’s bad news—we could see a liquidity search at lower levels with a pullback toward 48.44 USD, projecting a possible 137% upside impulse for the next year 2027.
In the case of an extremely poor scenario, the critical lows to monitor would be between 37 USD and 21 USD (the latter with very low probability), with 9 USD being the most tragic level. (It’s worth noting that losing 37 USD would invalidate the reliable structural pattern mentioned at the beginning.)
If the fundamentals are good—and this is where my idea comes in—if a bullish cycle starts this year, it could begin a rally up to 157 USD. If it rejects this price, the next low could be 72.62, defining a Bearish Crab Pattern. If this pattern is confirmed, the theoretical technical projection would take us toward the 344.78 USD zone.
The market is dynamic, and scenarios must be constantly monitored, along with the fundamentals. This is simply a follow-up of key levels and probabilities.
Thank you for reading and appreciating the content! Trader Libélula 🦋🦋🦋
Disclaimer: This analysis reflects only my personal market opinion and is shared for purely educational and informational purposes. Under no circumstances does it constitute financial advice, an investment recommendation, or trading advice.
Good afternoon! My first post. My personal analysis on the semiannual timeframe of BTC, depending on fundamentals and political/social/economic announcements, suggests that we may already be starting a new bullish period for the crypto market. My BTC projection: Maximum pullback to 55764. Next ATH between 143764 and 168069.
If fundamentals are negative for the market, we could see a pullback between 34860 and 29500 between August and September.
Just a simple idea! Not financial advice or consulting! Trader Libélula 🦋🦋🦋