🚨 BITCOIN & SOLANA: IS THE CRYPTO MARKET PREPARING FOR A NEW MOVE?
Today, we're looking at two major cryptocurrencies: BTC and SOL.
The charts show a situation that deserves our attention. Despite a few attempts to bounce, selling pressure remains.
📊 BITCOIN (BTC)
💰 Price: $75,946
- The price is trading below the 7 and 25 EMAs.
- RSI at 48: relatively neutral momentum.
- Negative MACD: bullish momentum still lacks confirmation.
🎯 Levels to watch:
- Support: $74,888.
- Resistance: 76,378 $ and $77,454.
- Next major resistance: $86,693.
📊 SOLANA (SOL)
💰 Price: $89.91
- SOL remains below its 7 and 25 EMAs.
- RSI at 41.65: weak momentum.
- Negative MACD: sellers have the upper hand.
🎯 Levels to watch:
- Support: $89.65.
- Resistance: 96.31 $ and $114.24.
- Lower support: the $60.92 area.
🔍 MY SCENARIO:
🟢 Bullish scenario: BTC needs to reclaim its moving averages, and SOL needs to regain $96. Confirmation with volume could favor a bounce.
🔴 Bearish scenario: a break below current support levels could intensify selling pressure on both assets.
💡 MY VIEW: I remain cautious. BTC is showing a relatively stronger structure than SOL, but no signal yet confirms a genuine bullish recovery.
🔥 And you, which asset do you currently prefer?
₿ BITCOIN or ☀️ SOLANA?
Share your analysis in the comments!
#Bitcoin #BTC #Solana #SOL #Crypto #BinanceSquare #Trading #TechnicalAnalysis
This is not financial advice. Do your own research (DYOR). ✍🏽
Today, we're looking at two major cryptocurrencies: BTC and SOL.
The charts show a situation that deserves our attention. Despite a few attempts to bounce, selling pressure remains.
📊 BITCOIN (BTC)
💰 Price: $75,946
- The price is trading below the 7 and 25 EMAs.
- RSI at 48: relatively neutral momentum.
- Negative MACD: bullish momentum still lacks confirmation.
🎯 Levels to watch:
- Support: $74,888.
- Resistance: 76,378 $ and $77,454.
- Next major resistance: $86,693.
📊 SOLANA (SOL)
💰 Price: $89.91
- SOL remains below its 7 and 25 EMAs.
- RSI at 41.65: weak momentum.
- Negative MACD: sellers have the upper hand.
🎯 Levels to watch:
- Support: $89.65.
- Resistance: 96.31 $ and $114.24.
- Lower support: the $60.92 area.
🔍 MY SCENARIO:
🟢 Bullish scenario: BTC needs to reclaim its moving averages, and SOL needs to regain $96. Confirmation with volume could favor a bounce.
🔴 Bearish scenario: a break below current support levels could intensify selling pressure on both assets.
💡 MY VIEW: I remain cautious. BTC is showing a relatively stronger structure than SOL, but no signal yet confirms a genuine bullish recovery.
🔥 And you, which asset do you currently prefer?
₿ BITCOIN or ☀️ SOLANA?
Share your analysis in the comments!
#Bitcoin #BTC #Solana #SOL #Crypto #BinanceSquare #Trading #TechnicalAnalysis
This is not financial advice. Do your own research (DYOR). ✍🏽
