Solana faked us out with $Trump
Chinas DeepSeek Ai triggered a massive bearish move of over 1000 points on the Nas100 and ensured a crash of 10% on Large Caps before market open.
The last time something like this happened was the 29th July Week in 2024 with the Carry Trade. Solana tanked 43% in 7 days.
We got the same news week as then. FOMC on Wednesday.
With the Ecstasy in the air with Trump in office, I think we could see a classic Sell The News Event.
My next target is the Liquidity Pool between 158 and 168 (Can be seen on Coinglass), aligning with 2.618 STDV of the last manipulation leg on the 4h chart, a daily OB and a weekly CISD.
Solana broke correlation when Trump released his memecoin Trump which catapulted Solana to All Time High. Right now, Solana is highly overbought and way to hot with the Memecoin Rugpulling game and being included into the Strategic Crypto Reserve of the USA. I expect a heavy correction before we moon in the next couple of weeks. This week with FOMC could defnietely deliver that.
SOLUSD 
SOLUSDT SOLUSD
The last time something like this happened was the 29th July Week in 2024 with the Carry Trade. Solana tanked 43% in 7 days.
We got the same news week as then. FOMC on Wednesday.
With the Ecstasy in the air with Trump in office, I think we could see a classic Sell The News Event.
My next target is the Liquidity Pool between 158 and 168 (Can be seen on Coinglass), aligning with 2.618 STDV of the last manipulation leg on the 4h chart, a daily OB and a weekly CISD.
Solana broke correlation when Trump released his memecoin Trump which catapulted Solana to All Time High. Right now, Solana is highly overbought and way to hot with the Memecoin Rugpulling game and being included into the Strategic Crypto Reserve of the USA. I expect a heavy correction before we moon in the next couple of weeks. This week with FOMC could defnietely deliver that.
SOLUSD SOLUSDT SOLUSD 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.