BTC $126K — The top ↓ $100K — Lost ↓ $83K — Lost ↓ $70K–$76K — Now above price + EMA resistance ↓ $60K–$63K — Current defense zone ↓ I expect $45K–$50K soon..
Bitcoin’s bottom is NOT confirmed. What we’re seeing right now looks like a false bull run — a temporary recovery creating the illusion of a reversal. The bigger structure tells a different story. This isn’t the beginning of the next major move up. It’s simply the market building another step down. More volatility. More patience. More time. The real bull run is still far away. Don’t expect it for another year. Markets can create excitement overnight. Real cycles take time.
And while others create more tokens, BNM is permanently destroying them. 🔥 Supply decreases continuously. 🔥 Burned tokens can never return to circulation. 🔥 The Incinerator is becoming the largest holder — and it can never sell a single token. Every burn removes supply. Every day strengthens the structure. Every token sent to the Incinerator is gone forever. We don’t ask people to trust promises. We build a system that needs fewer promises to be trusted. $BNM Built for the long road. Built around security.
Honestly? I would never have gotten into crypto if it weren’t for memecoins. It wasn’t the whitepapers that brought me in. It was the feeling that there was still a place where you could laugh, take risks, and be part of something that hadn’t become boring and corporate yet. Memecoins were the first real on-chain experience for a lot of people. And that’s more valuable than most are willing to admit.
We may be witnessing a historic moment. For the first time ever, SOL has closed its 10th consecutive monthly red candle. This isn't just another red month—it reflects a long-term downtrend that the higher timeframes continue to confirm.
Technically, the chart remains under pressure: 📉 Price: $73.09 🔸 EMA(7): $85.68 → Price remains below the short-term trend. 🔸 EMA(25): $115.68 → The medium-term trend is still decisively bearish. 🔸 The gap between EMA 7 and EMA 25 remains wide, showing that momentum has not yet shifted back to the bulls.
The MACD also continues to favor the bears: MACD remains below the zero line. The histogram is still negative. Although selling momentum appears to be slowing slightly, there is no confirmed bullish crossover yet.
Volume has also been fading, which suggests buyers are still waiting rather than stepping in aggressively.
My view: I believe there is still room for additional downside. A move below $50 would not surprise me, and that's where I think Solana could begin building a long-term bottom before the next major cycle.
Of course, no chart can predict the future with certainty. Technical analysis is about probabilities, not guarantees. But as things stand today, the higher-timeframe trend still belongs to the bears.
The question is simple: Will Solana find its bottom below $50... or will buyers step in before then? 👇