📊 Market Overview $BTC Dominance: Hovering around 59%. We need this to drop below 55% to trigger a true "#Altcoin Season." Sentiment: "Fear" (Current Index: ~38). Historically, this has been a zone for strategic accumulation, but caution is warranted as macro pressures (inflation data) persist.
Solana ($SOL ) – The Speed Specialist Solana has maintained its status as the "Ethereum Killer" in terms of retail volume. Despite the broader market sell-off, SOL’s developer activity remains at yearly highs. Current Setup: Consolidating after a sharp pullback. Watching for a "Higher Low" formation on the daily chart.
Entry Zone: $80 – $85 Resistance (Target): $115 – $125 Risk Level: Medium. High volatility is expected; keep an eye on network stability updates. #PredictionMarketsCFTCBacking
$BNB (Binance Coin) – The Ecosystem King $BNB is currently testing a massive support zone. With the Maxwell Upgrade improving scalability and burn mechanisms continuing to reduce supply, $BNB remains a "blue-chip" favorite for many. Current Setup: Retesting the 200-day EMA. RSI is near oversold territory (~34), suggesting a potential bounce.
Entry Zone: $870 – $910 Resistance (Target): $1,050 – $1,085 Risk Level: Low/Medium. A break below $850 could signal a deeper correction. #PredictionMarketsCFTCBacking #RSI