Tuesday, July 22, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Altcoin

Crypto Trader Says Massively Bearish Solana Target Still in Play, Unveils Outlook for Bitcoin and Ethereum

n70products by n70products
April 18, 2025
in Altcoin
0
Crypto Trader Says Massively Bearish Solana Target Still in Play, Unveils Outlook for Bitcoin and Ethereum
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Cryptocurrency dealer and analyst Ali Martinez is leaning bearish on Solana (SOL) whereas updating his outlook on Bitcoin (BTC) and Ethereum (ETH).

Beginning with Solana, Martinez tells his 135,500 followers on the social media platform X that the sixth-largest crypto asset by market cap may fall by as much as 48% from the present stage if SOL fails to interrupt above the resistance space that lies under the $138 value.

“For all we all know, Solana is perhaps retesting the breakout zone from a right-angled ascending broadening sample, with the $65 goal nonetheless in play.”

Image
Supply: Ali Martinez/ X

Solana is buying and selling at $125 at time of writing.

Turning to Bitcoin, Martinez says that the crypto king’s assist zone at round $82,024 is a “stage value watching intently” as 96,580 BTC have been gathered at that value, in accordance with information from analytics platform Glassnode. Accumulation patterns are on-chain metrics used to find out the place purchaser curiosity may doubtlessly be discovered if the value falls to that stage.

Image
Supply: Ali Martinez/ X

Bitcoin is buying and selling at $83,999 at time of writing.

Subsequent up is Ethereum. According to the crypto analyst and dealer, Ethereum could possibly be “gearing up for a serious rebound” because the Tom DeMark (TD) Sequential indicator is flashing a bullish sign on the weekly timeframe. The TD Sequential indicator is a instrument in technical evaluation used to establish potential development reversal factors on value charts.

Image
Supply: Ali Martinez/ X

Citing Glassnode’s information, Martinez additional says that Ethereum is presently sitting above a serious assist stage, going by the crypto asset’s accumulation patterns.

“Probably the most crucial assist for Ethereum sits at $1,546.55, the place 822,440 ETH have been beforehand gathered. A stage value watching intently!”

Image
Supply: Ali Martinez/ X

Ethereum is buying and selling at $1,582 at time of writing.

Comply with us on X, Facebook and Telegram

Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox

Examine Price Action

Surf The Daily Hodl Mix

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any losses it’s possible you’ll incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in affiliate internet marketing.

Generated Picture: Midjourney



Source link

Tags: BearishBitcoinCryptoEthereumMassivelyOutlookPlaySolanaTargetTraderUnveils
Previous Post

Synthetix’s sUSD stablecoin continues fall after depeg, tapping $0.68

Next Post

Ethereum vs. Solana – Real value or hype, who dominates the market today?

Next Post
Ethereum vs. Solana – Real value or hype, who dominates the market today?

Ethereum vs. Solana - Real value or hype, who dominates the market today?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Ethereum Price Is About To Confirm A Golden Cross On The Daily Time Frame, Here’s What Happened Last Time

Ethereum Price Is About To Confirm A Golden Cross On The Daily Time Frame, Here’s What Happened Last Time

December 5, 2024
FDIC Vice Chair Calls for Crypto Regulatory Clarity, Says Tokenization Enables ‘Far-Reaching’ New Functions

FDIC Vice Chair Calls for Crypto Regulatory Clarity, Says Tokenization Enables ‘Far-Reaching’ New Functions

March 13, 2024
Bitcoin Key Metric Signals Local Bottom, Price Rally On The Horizon?

Bitcoin Key Metric Signals Local Bottom, Price Rally On The Horizon?

February 9, 2025
Ethereum Price Cools Off—Can Bulls Stay in Control or Is Momentum Fading?

Ethereum Price Cools Off—Can Bulls Stay in Control or Is Momentum Fading?

April 11, 2025
Apple Takes on Meta in Race to Make VR Mainstream – Hypergrid Business

Apple Takes on Meta in Race to Make VR Mainstream – Hypergrid Business

December 20, 2023
$2,000,000,000,000 in Demand for US Treasuries Could Come From Digital Assets in Coming Years: Treasury Secretary Scott Bessent

$2,000,000,000,000 in Demand for US Treasuries Could Come From Digital Assets in Coming Years: Treasury Secretary Scott Bessent

May 7, 2025

Recent Posts

  • Wester Union Looks to Offer Stablecoin Services, CEO Says
  • Microsoft just upgraded Sentinel with an AI-powered data lake – here’s how it works
  • Analyst Says XRP Investors Are Getting Ripped Off — Here’s Why

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Wester Union Looks to Offer Stablecoin Services, CEO Says

Wester Union Looks to Offer Stablecoin Services, CEO Says

July 22, 2025
Microsoft just upgraded Sentinel with an AI-powered data lake – here’s how it works

Microsoft just upgraded Sentinel with an AI-powered data lake – here’s how it works

July 22, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
💵 Turn Every Dollar Into Crypto Rewards! Wirex lets you spend dollars or bitcoin — and get up to 8% back in crypto instantly. 💸 Exclusive offers dropping soon — stay tuned!
“Offers Launching Soon”
This is default text for notification bar
Learn more
Go to mobile version