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🚀 SOLANA IS COOKING!
$SOL /USDT just hit $72.42 (+9.58% in 24h) on Gate.io Spot!
24h High: $73.54
24h Low: $65.67
Volume: 2.36M SOL (~$163M turnover)
On the 4H chart we're seeing strong momentum with price breaking above the moving averages. On the daily it's reclaiming ground after the recent correction.
SOL Eco is moving — are we heading back to $80+ soon? 👀
What’s your target for SOL?
#Solana #SOL #Crypto #AltSeason
After the initial bottoming out, BTC and ETH began a sustained oscillating recovery. After a short-term small rally, they encountered pressure and consolidated slightly. The bulls have a slight advantage but the upward momentum has slowed down!
On the 1-hour cycle, the bottoming out has completed, forming an oscillating upward structure. After BTC hit a high of 60733.9 and ETH hit 1594.00 simultaneously, they both pulled back slightly. BTC dipped to a low of 58480.0, and ETH touched 1520.52. The current market is in a continued repair oscillation following a major drop. The bulls are slightly strengthening on the buy side, with every retracement supported by buying pressure. The bearish trend on the larger timeframe has eased somewhat, and the short-term is in an oscillation-biased bullish phase. Today is Saturday, the weekly chart is about to close, and the overall weekend volatility is unlikely to be significant.
BTC Trading Suggestion: Go short near 60500, take profit at 60000, stop loss at 61000
ETH Trading Suggestion: Go short near 1585, take profit at 1570, stop loss at 1600