momentum is fading after a fast speculative run with no sustained volume support. Recent price action shows clear distribution near resistance, with buyers failing to push higher on each attempt.
Liquidity is thinning while sell pressure is increasing on lower timeframes.
The project narrative is losing attention, and capital is rotating into stronger sectors. That usually leaves late entrants holding supply that needs to unwind.
If current support breaks, downside opens quickly because most of the recent move was driven by hype rather than structural demand. Risk-reward favors downside continuation from this level.
This is why BTC has grown! It has long been clear that BTC is ceasing to be a cryptocurrency. It is now a unified resource of global level for storing money
This is already gold, oil, which maintains a stable price and does not fall
$XPL The secret of wealth is simple. You need to take a short position at 10-20 shoulders in the token XPL. The coin is just aiming to fall to the bottom.