Bullish Continuation Still on the Table After the PullbackBitcoin on the H1 timeframe is currently trading within a broader bullish context, despite the recent sharp pullback from the local highs. The overall structure suggests that price is undergoing a corrective phase rather than signaling a full trend reversal. After a strong impulsive rally toward the upper resistance band, BTC faced profit-taking and short-term selling pressure, which pushed price back toward a clearly defined support zone.
This support area, located around the 90,000–90,200 region, represents a key liquidity pocket where buyers previously stepped in. The reaction from this zone is critical, as it acts as the decision point between continuation and deeper correction. So far, price has respected this support, indicating that sell-side momentum is weakening and that the market may be absorbing supply rather than accelerating lower.
The rejection from higher resistance levels aligns with a healthy market rotation, allowing Bitcoin to reset momentum before the next directional move. As long as price continues to hold above the support zone and does not establish acceptance below it, the bullish continuation scenario remains valid. In this case, the market is likely to rotate higher again, with successive upside targets lining up around 91,500, 92,200, and ultimately the upper resistance near 93,700.
From a structure and liquidity perspective, the recent dip can be interpreted as a pullback to demand, offering stronger hands an opportunity to accumulate before the next expansion phase. A clean bullish reaction from support would confirm this outlook and open the path toward the marked upside targets.
However, a decisive breakdown and sustained trading below the support zone would invalidate the bullish continuation scenario and expose Bitcoin to a deeper retracement. Until that occurs, the technical bias remains cautiously bullish, with the market favoring higher prices after this corrective reset.
Btc-analysis
Reversal or Breakdown Will Define the Next Major MoveBitcoin is currently trading at a critical decision zone, where price action will determine whether the market stages a bullish reversal from demand or transitions into a deeper bearish continuation.
1. Market Structure Overview
- BTC has been in a short-term corrective / bearish structure, trading below the EMA 50, which continues to act as dynamic resistance.
- After the recent impulsive drop, price is now pressing directly into a well-defined demand zone around 89,600 – 90,000.
This area has previously triggered strong reactions, making it a high-probability response zone, not a place to chase entries.
2. Demand Zone Significance
The highlighted demand zone represents:
- Prior accumulation
- Strong historical buying interest
- Liquidity resting below recent lows
Current price action shows selling pressure slowing down as BTC enters this zone, which increases the probability of at least a technical bounce.
3. Two Key Scenarios to Watch
Bullish Scenario (Reversal from Demand)
If price holds above the demand zone and prints bullish confirmation (strong rejection wicks, bullish engulfing, or structure shift):
BTC could rotate back toward:
- 92,464
- 92,976
- 93,745
- Extension toward 94,416 if momentum builds
This would align with a range-to-expansion move, trapping late sellers below demand.
Bearish Scenario (Breakdown & Continuation)
A clean breakdown and acceptance below 89,233 would invalidate the reversal idea.
This would open downside liquidity targets toward:
- 88,415
- 87,269
The red arrow on the chart highlights this bearish expansion risk if demand fails.
4. EMA & Momentum Insight
EMA 50 remains overhead any upside move will need to reclaim and hold above it to shift short-term bias bullish.
Without that reclaim, rallies should still be viewed as corrective.
5. Trading Plan
❌ Avoid trading in the middle of the zone.
✅ Wait for:
Bullish confirmation at demand for longs
Or confirmed breakdown below demand for continuation shorts
Let price show its hand this is a reaction zone, not a prediction zone.
Conclusion
Bitcoin is at a make-or-break level. Demand zones like this often produce sharp reactions, but only confirmation separates reversals from traps. The next impulsive move — up or down — will likely be fast and decisive.
💬 Do you expect BTC to defend this demand zone, or is a deeper sell-off coming? Share your bias below!
Bitcoin Is Holding Demand — Bulls May Be Setting Up the Next Price is reacting positively from a well-defined demand zone around 89,700–90,000, where selling pressure has been absorbed after the recent pullback. Despite the prior correction, the broader structure remains constructive as buyers defend this key area.
A sustained hold above the demand zone opens the door for a bullish recovery toward 91,400–92,300, where price may pause near the EMA and prior intraday resistance.
If bullish momentum strengthens and price breaks and closes above 92,300, the upside continuation scenario comes into play, targeting 93,200–93,700 as the next expansion zone. As long as price holds above 89,700, the upside scenario remains the primary focus.
Bitcoin Is Compressing — Range Control Before the Next ExpansionOn the 1H timeframe, Bitcoin remains locked in a well-defined range structure, capped by a strong resistance zone around $89,800–$90,500 and supported by demand between $86,800–$87,200. Price has repeatedly failed to achieve acceptance above resistance, while sellers also lack follow-through below support. This behavior confirms that the market is not trending, but rotating liquidity within a controlled environment.
From a market structure perspective, the repeated swing highs into resistance followed by sharp pullbacks suggest distribution rather than breakout pressure. Each push toward the upper boundary has been met with aggressive selling, indicating that larger participants are using higher prices to offload positions instead of initiating continuation. Until resistance is decisively reclaimed, upside moves should be treated as range highs, not trend signals.
The area labeled as the accumulation zone in the mid-range reflects prolonged consolidation with overlapping candles and reduced volatility. This is typical of a market waiting for external confirmation. Price acceptance here shows balance between buyers and sellers, but importantly, balance is not direction. A breakout from such zones requires volume expansion and structural follow-through, neither of which is currently present.
On the downside, the support zone around $86,500–$87,000 continues to act as a reliable demand pocket. Each test has produced a reaction, confirming short-term buyer interest. However, below this lies a stronger macro support near $85,200, which represents the level where bullish structure would be meaningfully threatened if broken. A clean loss of this zone would shift the broader bias toward downside continuation.
In summary, Bitcoin is in a classic range-bound environment. The market is compressing energy between clearly defined levels, and directional conviction remains absent. Until price breaks and holds above $90,500 or loses $86,500 with momentum, the optimal approach remains range-based execution and patience. The next impulsive move will come from resolution — not prediction.
Bitcoin Daily Update June 22nd 2025Bitcoin daily chart:
🔻 Bearish Signals
1. Break of Rising Trendline:
The price has broken below the upward (orange) trendline, indicating a shift in momentum.
This trendline had previously acted as support, so the break suggests growing selling pressure.
2. Support Levels:
BTC is now hovering just above $99,634, which appears to be a key short-term support.
The next major support is around $93,363 — a break below that could open the door to mid $80K or even $71K (0.786 Fibonacci level).
3. Market Cipher Indicator (middle panel):
The momentum wave is clearly descending, and VWAP (green) is curving down.
The money flow (red) is negative.
Bearish dots and crosses are appearing.
4. Stochastic RSI (bottom panel):
Both %K and %D lines are dropping sharply below the 20 line, suggesting downside momentum is strong.
No sign of bottoming out yet.
🟡 Neutral/Bullish Watch Points
If BTC holds $99.6K and reclaims $100,115 or $104,616, it could neutralize or reverse this bearish setup.
RSI is not oversold yet, so room remains for further downside before any strong bounce.
📉 Summary:
BTC is currently bearish on the daily chart with:
Breakdown from an uptrend.
Weak momentum.
Declining oscillators.
Support tests underway.
If $99.6K fails, eyes shift to $93.3K, and below that, $86.5K–$71.9K as potential zones.
....
🔻 Primary Trade Setup (Bearish)
⚙️ Type: Short Position
⏰ Timeframe: Daily
📉 Strategy: Trendline break and momentum continuation
Entry:
Below $99,500 (confirmation of trendline breakdown & continuation)
Targets:
1. Target 1: $93,363 — Previous support level
2. Target 2: $86,500 — Next horizontal support
3. Target 3: $71,949 — Major 0.786 Fibonacci level (high confluence)
Stop-Loss:
Above $100,600 (to avoid fakeout wicks)
Or tighter: $100,150 (for smaller R:R)
Risk-to-Reward (R:R):
Entry: ~$99,500
SL: ~$100,600 → ~1.1% risk
TP1: ~$93,300 → ~6.2% reward
R:R ≈ 5.6:1 (to TP1) — solid risk profile
🔄 Alternate Plan (Bullish Reversal Setup)
⚙️ Type: Long Position (Only IF price reclaims broken levels)
If BTC reclaims $100,600 and closes above $104,616, trend could resume up.
Entry:
Break and daily close above $104,616
Targets:
1. $110,616 — recent resistance
2. $112,000 — psychological + historical zone
Stop-Loss:
Below $100,600
Invalidates upward breakout
📊 Indicators to Watch:
VWAP: Still pointing down (bearish bias)
Money Flow Index: Still in red (risk-off)
Stochastic RSI: Resetting near bottom — could support bounce later
Much love and appreciation,
– chevs710
BTC - Will we repeat last year price action?Bitcoin (BTC) has recently been trading within a relatively wide range, fluctuating between the $108,000 and $74,000 levels. Over the past several months, the asset experienced a notable decline from its local high of $108,000 down to a low of around $74,000. However, since reaching that bottom, BTC has been on a recovery trajectory, climbing back up toward the $106,000 region as of May. This rebound has brought renewed optimism to the market, but the key question now arises: is this upward momentum sustainable, or is it merely another temporary relief rally within a larger consolidation phase?
To evaluate the potential sustainability of this move, it is insightful to compare the current price action with that of exactly one year ago. In the same May period last year, BTC was also trading within a defined range, between $73,000 and $56,000. The pattern that unfolded then may offer clues as to what might happen next.
At that time, Bitcoin formed a double top, a classic technical pattern that often signals weakening bullish momentum. This structure developed over two distinct peaks, let's call them Point 1 and Point 2. Following the double top formation, the market began to retrace, initiating a decline that led to the creation of Point 3. This low established a key trendline, marking the beginning of a longer-term structural setup.
After bouncing from Point 3, BTC managed to rally once more, approaching a new all-time high but falling just short. This rally formed what can be referred to as Point 4, and notably, this occurred in May, exactly where we are now on the calendar. However, this attempt to break to new highs ultimately failed. The market lost momentum, and BTC turned downward once again, culminating in another test of the established trendline. This next low, which we can label Point 5, occurred in July and served as the third touchpoint of the trendline, reinforcing its significance.
Fast forward to the present, and it appears that Bitcoin may be following a similar structural path. The current price action suggests that Points 1, 2, and 3 have already been formed in recent months. The bounce that we’re witnessing now could potentially be developing into Point 4, mirroring the rally seen last May. If history were to repeat or even slightly rhyme, we may be approaching a local high, after which the market could face renewed downward pressure.
Such a move would align with a third touch of the longer-term trendline, potentially occurring in the coming months, perhaps around July, just as it did the previous year. Furthermore, this prospective downside move would also serve to close a daily Fair Value Gap (FVG) that has remained largely unfilled, a technical factor that many traders are currently watching.
In summary, while the recent price recovery in Bitcoin is encouraging, a closer examination of past market structure and recurring seasonal patterns suggests caution. The market may be setting up for a local high in May, followed by a potential retracement that would once again validate key support levels and trendlines. Whether this scenario plays out in full remains to be seen, but the parallels with last year’s behavior are worth noting for any trader or investor closely monitoring the charts.
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TOTAL Marketcap at important support?Upcoming period could be more positive?
Many cryptocurrency dominance charts, as well as Nasdaq and stock charts too, showing the same pattern. Is the reversal starting?
We’ll see.
This is not investment advice. Please do your own research.
Wishing you best.
-YusufDeli
HolderStat | BTC bulls leaving the ship?Over the last 3 days, $2.5 billion has been liquidated in the futures market, 83% of which is longs. The BTC price dropped to $96,613 (-4.6% for the week), the fear index dropped 7 points, and outflows from spot ETFs totaled an impressive $680 million.
❌ Is this a signal? No, it's a pattern. Corrections like this “drop off the tourists,” opening up new opportunities for those who know how to act strategically.
Even El Salvador did not flinch under IMF pressure and bought 11 BTC. Their wallet is usually replenished by 1 BTC per day - something is clearly brewing. What have you done?
💡 What to do?
1️⃣ Analyze key support levels.
2️⃣ Watch liquidity: BTC dominance remains high (59%), which confirms interest in the asset.
3️⃣ Evaluate trading volumes on pullbacks.
⚡️ Correction is not a time for panic, but a moment for cold-blooded analysis and precise actions.
_____________________
📊 Want more useful analytics? Like and subscribe to stay up to date with the most relevant trading ideas!
Always DYOR! 🔬
$BTC Analysis update: What's Next ?** CRYPTOCAP:BTC Analysis: What's Next?**
As you can see, CRYPTOCAP:BTC has completed its previous consolidation phase, which lasted six months. The recent *Trump election pump* coincided with the end of that phase, leading to a new, massive parabolic rally.
However, signs are emerging that the market is overheating:
- **RSI**: Indicates overbought conditions, suggesting a correction is due.
- **MACD**: Overheated and also signaling an impending correction.
On a **weekly timeframe**, history tells us that similar situations have resulted in sideways movement for about six months, with a 30–40% downside, before the next major rally begins.
---
### Will This Trigger an Altseason?
Most likely, yes. During these cooling-off periods, investors often turn their attention to altcoins, which tend to be more active and engaging during such times.
---
### MACD Insights
By counting the bars on the MACD, it looks like we might have **two more weeks of upward movement** before an EMA crossover signals the start of consolidation.
---
### Looking Ahead
The next major pump could occur around **May**. Let’s see how this unfolds.
**Remember:** Do Your Own Research (DYOR).
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BTC Next Scenario That Can Play OutThis is the next Scenario that can play out in BTC. I Trust that BTC is now slowly moving towards that box that I marked and then we will expect a good bounce from it !
Disclaimer ✨
Trade at your own risk. I am not liable for any gains or losses. For educational purposes only, not financial advice or I am not a financial advisor.
HTF Markup 12-16 Feb 2024 W7 - XAU, DXY, GBP, JPY, AUD, NAS, BTCThis is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames.
Feedback will be highly appreciated.
U.S. Dollar Index TVC:DXY
Weekly:
Daily:
4H:
Gold Spot / U.S. Dollar OANDA:XAUUSD
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British Pound / U.S. Dollar FX:GBPUSD
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U.S. Dollar / Japanese Yen FOREXCOM:USDJPY
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Australian Dollar / U.S. Dollar FOREXCOM:AUDUSD
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US Nas 100 OANDA:NAS100USD
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Bitcoin COINBASE:BTCUSD
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HTF Markup 5-9 Feb 2024 W6 - XAU, DXY, GBP, JPY, AUD, NAS, BTCThis is a Weekly post for several pairs showing HTF Markup only using Smart Money Concept (SMC) on Weekly, Daily and 4H Time Frames.
Feedback will be highly appreciated.
U.S. Dollar Index TVC:DXY
Weekly:
Daily:
4H:
Gold Spot / U.S. Dollar OANDA:XAUUSD
Weekly:
Daily:
4H:
British Pound / U.S. Dollar FX:GBPUSD
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U.S. Dollar / Japanese Yen FOREXCOM:USDJPY
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Australian Dollar / U.S. Dollar FOREXCOM:AUDUSD
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US Nas 100 OANDA:NAS100USD
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Bitcoin COINBASE:BTCUSD
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BTC Weekly Analysis: Breaking Trendlines & Anticipated Targets A comprehensive examination of Bitcoin's recent performance reveals a noteworthy development: its current valuation stands at $29,700, having breached a significant weekly trendline. This breach suggests a potential trajectory, with the immediate target identified at $31,818, followed by a subsequent level at $34,083. However, it's important to acknowledge the potential for a retracement to $29,038, though such a move is considered less probable at this juncture.
I'm looking for it to complete a Three-Drives-Pattern to the high.
#NFA
Bitcoin's Evolution Through Crucial Events and Historical PriceThe Bitcoin market has witnessed significant price fluctuations, influenced by a series of pivotal events over the past years. The Bitcoin 2022 event showcased its growing global influence, while the Lightning Network's development in 2022 highlighted technological advancements aimed at enhancing transaction efficiency. The price consolidation in 2023, between $26,000 and $28,000, was a reflection of a relatively stable phase, contrasting with the volatility observed in the latter half of 2022. Furthermore, the celebration of Bitcoin's 15th anniversary in 2023 emphasized its lasting impact in the financial sector. These events, combined with the technical indicators from the provided chart, offer a comprehensive understanding of Bitcoin's current market position and potential future trajectories.
Analysis:
Historical Overview & Key Events:
Bitcoin 2022 Event: This event solidified its position as the largest Bitcoin gathering, emphasizing the technological growth, financial empowerment, and Bitcoin's influence on modern counterculture.
Price Dynamics: Throughout 2023, BTC's price showed consolidation between the ranges of $26,000 and $28,000. This performance was comparatively more stable than the latter half of 2022, highlighting a period of relative calmness for the asset.
Bitcoin's 15th Anniversary: The crypto realm marked October 31, 2023, with significant reverence, celebrating 15 years since the release of the Bitcoin whitepaper by Satoshi Nakamoto. This pivotal document has laid the foundation for an entire industry and has spurred myriad innovations.
2021 - The 'Year of Cryptocurrency': The world witnessed a significant tilt towards cryptocurrency adoption in 2021. As the year transitioned to 2022, numerous developments across Bitcoin and other digital assets became the center of financial news and discussions.
Lightning Network's Expansion: 2022 saw a substantial uptick in the development and adoption of Bitcoin's Lightning Network. This scaling solution aims to tackle one of Bitcoin's most discussed challenges – scalability. The growth of the Lightning Network is vital for ensuring that Bitcoin remains efficient as adoption grows.
Technical Analysis:
Bollinger Bands: Bitcoin's current trading range is within the Bollinger Bands, suggesting a balanced sentiment without extreme volatility.
Volume Oscillator: The current divergence between volume and price, as highlighted by a -14.46% reading, might indicate a lack of strong momentum.
Stochastic Oscillator & RSI: The Stochastic Oscillator's %K value is above its %D, suggesting potential bullishness. Meanwhile, the RSI hovers in the neutral territory.
Fibonacci Retracement Levels: The cryptocurrency is flirting with the 1 (31804.20) Fibonacci level. Support lies at the 0.236 (26530.16) and 0.382 (27538.02) levels, while the 1.618 (36070.38) level is the next resistance.
Probable Scenario: Given the confluence of the technical indicators and the influence of pivotal historical events, there seems to be a mild bullish inclination. Surpassing the 1 (31804.20) Fibonacci level could set the stage for a rally towards the 1.618 (36070.38) resistance. Conversely, a pullback might test the 0.236 (26530.16) support.
Conclusion: The combination of recent historical events and technical indicators suggests Bitcoin is at a crucial juncture. The aforementioned support and resistance levels will likely play a pivotal role in dictating Bitcoin's short-term movement. Investors and traders should closely monitor these levels for potential breakouts or pullbacks. Additionally, given the ever-evolving nature of the cryptocurrency landscape, staying updated on current events, technological advancements, and regulatory stances can provide a more holistic understanding of potential market movements.
BTC ANALYSISPsychological Analysis: The market is strongly bearish and more and more FUD is loading. For now, FTx uncertainty regarding CRYPTOCAP:SOL is loading as we predicted a few months ago when watched the FTx data. It's not only CRYPTOCAP:SOL that is affected, but the entire Altcoin and BTC sector. We enter into the phase of FUD and fear which has not even started yet. Meanwhile, market makers are fake pumping altcoins to liquidate those shorts from above with sudden fake pumps, just to nuke it afterwards. It gives us hints that market makers know BTC's next move, and want to take out most of altcoin shorts with these fake pumps. At the same time, they send BTC into the boring sideways zone. Indeed, the next BTC leg down will fully nuke the Altcoin sector. You have been warned. For now, I am watching several options we might see for BTC before hitting my final target of $ 23,500. The best short entry for those that missed my call at 31k region is currently at $28.600 region. Pray that the market allows you to visit again if it happens. I would add more to my shorts. I have been mentioning $28.600 for a longer time to retest the breakdown of MA100 which happened on the 17th of August. So far we have not retested the breakdown, and at the same time, a big liquidity pool is perfectly matching in the same region. There are more than enough reasons for market makers to bring it to the $ 28,600 region. This is not a long call! However, general information on what might be the next moves of the market makers. Be prepared for all scenarios. All in all, zoom out, and the final target remains on the downside with a target of $23.500 as we spoke about an incoming sideway movement that took place as expected. This week is more volatile if important numbers released on Wednesday (CPI) and Thursday (PPI) are higher or lower than the expected numbers.
#BTC #BINANCE #FUTURES #TRADING
Navigating the Market: An In-depth Analysis of the 1inch TokenIn the rapidly evolving world of cryptocurrencies, it's crucial to keep a close eye on market dynamics. Today, our focus shifts to the decentralized exchange (DEX) aggregator, 1inch. In this article, we delve into the token's performance, providing a comprehensive analysis based on the 4-hour chart to understand the current state and future potential of the token.
Unpacking the Bollinger Bands
The Bollinger Bands, known for their utility in understanding market volatility, outline an interesting story for 1inch. The upper band stands at $0.5082 and the lower band at $0.3107, marking the confines of market volatility for the token. Meanwhile, the middle band - often considered a crucial moving average line - stands at $0.4095. This key figure could serve as a central pivot for upcoming price movements.
Fibonacci Levels: Reading between the Lines
Turning our focus to the Fibonacci retracement levels, we can glean potential market scenarios. The ceiling, as indicated by the 0 level, stands at $0.5935, hinting at a bullish outcome if 1inch catches upward momentum. On the other hand, the first level or floor is at $0.3135, marking a potential bearish target if the token succumbs to downward pressure. The half level sits at $0.4535 and might act as a short-term resistance level in the token's journey.
Indicators and Oscillators: An Ocean of Signals
The Relative Strength Index (RSI), currently at 44, denotes neutrality, with the token neither overbought nor oversold. However, the stochastic oscillator delves into the oversold zone at 1.78, potentially suggesting an imminent price rebound.
Conversely, the volume oscillator, currently at -33%, signals a decrease in trading volume, which could imply a possible period of consolidation or trend reversal. The OBV (On Balance Volume) stands at 327 million, reflecting reasonable investor interest at the current price levels.
MACD: Gauging Market Momentum
The Moving Average Convergence Divergence (MACD), showing 0.005, has the MACD line just above the signal line, providing a slightly bearish indication. If the MACD line crosses below the signal line, it might be interpreted as a selling signal, pushing traders to adjust their positions accordingly.
Taking Stock of the Situation
The 1inch token experienced a 10% drop in the last 24 hours. Its current market price, standing at $0.3617, rests between the middle and lower Bollinger Bands and below the half level of the Fibonacci retracement.
Given these market conditions, it's crucial for traders and investors to maintain a vigilant watch on the market and the 1inch token's behavior. Remember, every financial decision should be backed by thorough research and a careful consideration of multiple market factors. Stay informed, stay prepared, and as always, keep navigating the market.
Daily Time Frame Analysis - SOL (Solana):As we delve into the daily chart analysis of Solana (SOL), a high-performance blockchain platform, it's evident that the coin has experienced some significant volatility recently. The current market price stands at $25.37, representing a 6% decrease in the last 24 hours.
A glance at the Bollinger Bands reveals an expanding volatility pattern, with the upper band at $28.5, the middle band at $22, and the lower band at $15.66. The recent price surge has pushed SOL near the upper Bollinger Band, indicating a possible overextension in the buying activity. Meanwhile, the middle band could potentially act as support if the price was to decline.
The Relative Strength Index (RSI), standing at 67, is in the upper range of its scale, flirting with the overbought territory. This could be a sign of the strong buying pressure that has characterized the recent price movement.
Interestingly, the volume oscillator is showing a negative 6%, indicating that trading volumes have been shrinking. This might suggest that the upward momentum is losing steam and a period of consolidation or correction could be on the horizon.
The On-Balance Volume (OBV) at 360 million signifies a strong buying pressure. This divergence with the volume oscillator could be due to larger transactions being executed, thus leading to higher OBV despite lower overall trading volumes.
The Moving Average Convergence Divergence (MACD) at 2.30 corroborates the continued bullish trend, with the MACD line situated comfortably above the signal line.
When it comes to the Fibonacci retracement, the levels do not offer much guidance for the current price range, as the price has already moved well beyond the 0 level at $20. This is a common occurrence when the asset experiences a significant price increase in a short period, as is the case with SOL. However, upon switching to a 4-hour time frame, Fibonacci levels provide valuable insight. The zero level is at $29, the half level is at $27, and the first level is at $25, which aligns with the current market price, potentially providing a support level.
The 200-day Exponential Moving Average (EMA) lies at $22, which could serve as a strong support level if the price was to decline. It's often seen that prices return to their long-term EMA after sharp rallies, and the 200-day EMA is widely regarded as a crucial benchmark.
In conclusion, SOL is currently in a strong upward trend, as reflected in the RSI, OBV, and MACD readings. However, with the RSI nearing overbought conditions and the shrinking trading volumes indicated by the volume oscillator, caution is warranted. It would be prudent to closely monitor these indicators and key Fibonacci and EMA support levels in the coming days.






















