🚨 Market bloodbath! $SOL plunges to $93 after the collapse of the "Big Boss" ($BTC )
A devastating end to the day. What we warned about yesterday came true: Solana’s drop below $100 triggered outright panic, and Bitcoin offered no respite.
👑 Bitcoin (#BTC ) in free fall:
BTC is trading at ~76,893 $USDT (-4.85%). After failing to break 81,971, the price plunged to 76,760. It has fallen below its daily MA(99) (76,303), and the order book shows 93.88% sell pressure. Buyers have disappeared.
☀️ Solana (#SOL ) in critical condition:
SOL is trading at ~93.62 #USDT (-7.58%). It fell from 103 to a low of 92.34. On the 1H chart, the moving averages are completely misaligned to the downside. On the daily chart, it has brutally lost the MA(99) at 98.04.
🎯 Emergency levels for SOL:
🟢 Vital support: 92.34 (Today’s low) | 90.00 (Psychological level).
🔴 Resistance: 98.04 (Lost daily MA99).
🔮 What’s expected?
1. Total capitulation (High probability): The 93.88% sell pressure in BTC indicates the bloodbath isn’t over. If BTC loses 76,760, SOL will head for $90 and possibly even 89.50.
2. Technical rebound (Unlikely): Only if BTC recovers 78,500 would we see SOL bounce toward 96–98.
⚠️ My view:
We’re in a selling panic. Don’t try to catch the bottom here. The market is liquidating leveraged positions. Stay calm, don’t use margin, and watch to see whether $92 holds over the next few hours.
👇 Will we see a rebound from $92, or are we heading toward $85? Share your analysis! 💬
#BTC #Solana #Crypto #Trading #BinanceSquare
A devastating end to the day. What we warned about yesterday came true: Solana’s drop below $100 triggered outright panic, and Bitcoin offered no respite.
👑 Bitcoin (#BTC ) in free fall:
BTC is trading at ~76,893 $USDT (-4.85%). After failing to break 81,971, the price plunged to 76,760. It has fallen below its daily MA(99) (76,303), and the order book shows 93.88% sell pressure. Buyers have disappeared.
☀️ Solana (#SOL ) in critical condition:
SOL is trading at ~93.62 #USDT (-7.58%). It fell from 103 to a low of 92.34. On the 1H chart, the moving averages are completely misaligned to the downside. On the daily chart, it has brutally lost the MA(99) at 98.04.
🎯 Emergency levels for SOL:
🟢 Vital support: 92.34 (Today’s low) | 90.00 (Psychological level).
🔴 Resistance: 98.04 (Lost daily MA99).
🔮 What’s expected?
1. Total capitulation (High probability): The 93.88% sell pressure in BTC indicates the bloodbath isn’t over. If BTC loses 76,760, SOL will head for $90 and possibly even 89.50.
2. Technical rebound (Unlikely): Only if BTC recovers 78,500 would we see SOL bounce toward 96–98.
⚠️ My view:
We’re in a selling panic. Don’t try to catch the bottom here. The market is liquidating leveraged positions. Stay calm, don’t use margin, and watch to see whether $92 holds over the next few hours.
👇 Will we see a rebound from $92, or are we heading toward $85? Share your analysis! 💬
#BTC #Solana #Crypto #Trading #BinanceSquare