Bitcoin's Next Move, Solana Dumps From Memes & Unlocks, and MoreIn this video I cover Bitcoin's likely next move and why I sold my Bitcoin at $106k, plus where I think it bottoms and WHEN based on the next likely daily and weekly cycle low Feb 28th.
Also price targets on Bitcoin, how and when it could get to $150k, why it dumps after that and after a summer correction, could rocket to $200k (examining the 11 factors to propel this).
And we look at the longer term time frame for Bitcoin on the Monthly and 2 Month chart, where the RSI, Stoch/RSI, and MACD are showing early signs of topping out (but not likely there yet).
I also revisit the USDT.D study I've been posting about, which is still very much a near-term concern, but plays nicely into the boom / bust timeline I've outlined above.
Plus, a quick reviw of my 4-hour NASDAQ:IBIT study, and how the 'Gaps' have been acting as magnets for price, much like the CME gaps, which typically fill.
Lastly, we look at some Atlcoins poised for 10x, 30x, even 250x rebounds and long-term targets.
So this is an action-packed video! Hope you enjoy!
Leave a like and comment, and check out my bio for more tools and resources :)
Solana
Could Solana be finally reversing on the upside?COINBASE:SOLUSD has been a nightmare and has fell significantly in past few days, much more than #BTC and #ETH relatively.
But I can see a potential leading diagonal (3-3-3-3-3) rise. It the retracement of it holds above/around 61.8% which also happens to be the wave 4 low (165.945) then the next leg up should start which would give more insight into whether this is really an impulse up in progress or just another corrective leg.
SOL on the Slide: Is a Bounce from $150 in the Cards?Solana has been in a downtrend for over 30 days after reaching its ATH at $295.83. For the past two weeks, SOL was stuck in a trading range that formed a descending triangle (a bearish pattern) which eventually broke down, confirming the downtrend. Additionally, SOL lost its yearly support level at $189.31. Where is SOL heading next? Let's find out!
Key Support Zone
Our main long opportunity is around the $150 level, where several confluences align:
Fibonacci Levels:
The 0.5 fib retracement of the entire 5-wave structure sits at $151.92.
The 0.786 fib retracement from the 5th wave is at $149.77.
A fib extension 1.618 of the descending triangle is at $148.65, which is very close to the $150 mark.
Volume Profile:
The Point of Control (POC), highlighted by the red horizontal ray, is around $144, adding another layer of support.
Trade Setup
Currently waiting for SOL to reach the support zone between $152 and $144. An alarm is set when price nears these levels for a long opportunity.
Solana’s Silent Crisis: Why Addresses Diminish While Price HoldsSomething unusual is happening in the Solana ecosystem. While SOL’s price has climbed from $161 to $197, its active user base has dropped by more than 50%. Just a few months ago, in October 2024, Solana’s network saw 18.5 million active addresses, a sign of robust engagement. But fast forward to February 2025, and that number has plunged to 8.4 million.
This raises an important question: Why is Solana’s price rising while user participation is falling?
The Disconnect Between Price and Network Activity
At first glance, a price increase would suggest growing interest and adoption. But here’s the twist: SOL’s value appears to be driven by fewer, but more committed investors, rather than broad-based usage growth.
🔹 Declining Engagement – Fewer transactions, less activity, and a shrinking user base.
🔹 Rising Prices – A sign that major investors and institutions, rather than retail traders, could be accumulating SOL.
The Technical Picture: A Market at a Crossroads
Beyond network activity, technical indicators reveal a market in limbo.
📊 RSI at 32.16 – Just above the oversold threshold (30), meaning buyers could step in soon.
📊 Money Flow Index (MFI) at 39.98 – Money isn’t aggressively leaving SOL, but it isn’t pouring in either.
📊 Open Interest Down 2.23% – Fewer traders are taking new positions, suggesting hesitation.
Key Price Levels to Watch
Solana’s next moves will depend on how it interacts with these crucial levels:
📌 Resistance: $180 and $200 – A sustained move above $180, especially if RSI crosses 40, could signal a recovery.
📌 Support: $170 and $160 – If selling pressure intensifies, SOL could retest these lower zones.
Where Does Solana Go From Here?
Is Solana becoming a blockchain for whales and institutions rather than everyday users? Or is this just a temporary lull before a fresh wave of adoption?
For now, SOL’s price remains resilient, but without renewed on-chain activity, the rally may not last. If open interest and network participation rebound, Solana could be setting up for its next major move.
SOL/USDT Trading Scenario UpdateThe overall negative sentiment in the altcoin market, along with the beginning of the FTX customer repayment process, is putting downward pressure on the price of Solana (SOL). Currently, the asset's value has declined by more than 45% from its local peak and has dropped below the 300-day moving average.
From a volume profile perspective, market participants' interest in SOL remains high within the current broad price range. At its current price level, the asset appears attractive for long-term investments.
SOLANA: $1,000 Incoming?This chart shows how Solana (SOL) follows market cycles, long periods of low prices (accumulation) before big price spikes (breakouts).
- We’re in a similar phase to 2021, just before SOL’s last huge rally.
- $500 and $750 are key resistance levels—breaking them could send SOL much higher.
- Alt & Meme Season matters—when memes pump, demand for SOL rises.
- Bitcoin’s bull run is key, when BTC moves up again, SOL will likely follow fast.
- Price could rise quickly past $1,000 once key levels break.
Solana Market Analysis according to current market ( SOL )
Timeframe: 4 Hours
As observed over the past few days, Solana has experienced a significant downward move, which was expected. If you look at the chart, a pennant pattern had formed, which was squeezing and eventually broke to the downside. This breakdown led to a complete fulfillment of the supply zone, with Solana’s price moving toward the 155–165 range, which acted as a strong order block and support zone.
This move confirms two key points:
Strong Order Block: The 155–165 zone is a robust support area and order block.
BTC Correlation: Bitcoin has also been moving toward its strong support zone (89k–92k), which aligns with Solana’s price action.
Two Possible Scenarios for Solana
Scenario 1: Demand Creation at Current Levels (Higher Probability)
Solana is likely to create demand from its current levels, with two strong zones to watch:
$195 Zone: A key level where demand could materialize.
$230 Zone: A secondary target if the price gains momentum.
This is the more probable scenario, where Solana stabilizes and creates demand, either at
195 or 230, leading to a potential upward move.
Scenario 2: Further Downside (If BTC Breaks Support)
If Bitcoin breaks its strong support zone (89k–92k), which seems increasingly likely, Solana could experience another significant downward move. In this case, Solana might break below the 150–140 range, leading to a further decline. This would mirror the previous supply-driven move, potentially taking Solana much lower.
Summary
Current Support Zone: Solana has found support in the 155–165 range, which is a strong order block.
Scenario 1 (Higher Probability):Demand creation at 195 or 230, leading to an upward move.
Scenario 2 (If BTC Breaks Support): Further downside, potentially breaking the 150–140 range.
Note
My goal is to simplify the chart and help you understand the price action clearly. I avoid overloading the chart with unnecessary indicators or creating confusion. My analysis focuses on keeping the chart clean and straightforward.
Thank you!
ICT TA Daily view, we are in a Fib golden zone + OB!We have reached a Golden Fib retracement Zone , With a an OB in that Zone too + VFG1 . and thar happened after positive BOS!
We need to see a strong reaction there, with good volume to go up!
Internal structure is showing reversals, but waiting for External Structure to confirm .
Over all, we are still in a bullish bias, this is a good area to start buying, but confirming a stronger signal is better to wait a daily candle closes above 209$ .
We can buy from here, and if continued to go down, the second buy Zone is between (82 to 105$)
Keep in mind this is daily analysis, don't leverage or over leverage!
and this is Technical Analysis, however Crypto could not follow over TAs, spicily if market updates on Fundamentals showed something.
Phemex Analysis $60: How to Trade SOL Amidst the FTX UnlockThe FTX’s decision to unlock 11.2 million SOL tokens (worth around $2 billion) at March 1st has sent shockwaves through the market. Fear of a potential sell-off has triggered panic among investors, leading to a sharp decline in SOL’s price from $200 to the $160 area.
With uncertainty in the air, traders are now asking: Will SOL continue its downward spiral, consolidate, or stage a strong comeback? In this analysis, we’ll explore three possible scenarios and how to trade them like a pro.
Possible Scenarios
1. Continued Downward Trend – More Selling Pressure Ahead?
Currently, SOL has dropped into the $165-$155 support zone, but if fear continues to dominate and selling pressure increases, further downside is possible. Key support levels to watch:
• $135-$126 – A critical demand zone where buyers may step in.
• $110 – A strong historical support level that could serve as a bottom.
For long-term investors, this could be an opportunity to accumulate SOL at a discounted price. However, for those who entered near $200, this scenario is less favorable.
Pro Tips:
• Use scaled orders to gradually enter the market instead of going all-in at once.
• Set limit buy orders around key support zones to secure an optimal entry.
• Monitor volume and Relative Strength Index (RSI)—if SOL becomes oversold on high volume, it could signal a potential reversal.
2. Bouncing Between $155 & $210 – A Range-Bound Market
While some traders fear a deeper decline, institutional buyers and long-term holders may step in to absorb the selling pressure. This could lead to a sideways trading range between strong support at $155 and resistance at $210.
Pro Tips:
• Use grid trading bots to capitalize on price swings:
• Start a long grid bot near the $155 support level to profit from rebounds.
• Start a short grid bot near the $210 resistance level to take advantage of pullbacks.
• If SOL repeatedly tests $210 but fails to break through, consider taking partial profits.
• Stay cautious—if the $155 support fails, be ready to adjust strategy for a deeper correction.
3. Breakout Rally – A Surprise Upside Move?
While less likely, a major bullish catalyst—such as the approval of a Solana ETF—could spark a breakout. If SOL gains regulatory or institutional backing, it may defy expectations and surge past resistance levels.
Pro Tips:
• Watch for a breakout above $210 with strong volume—this could signal a move toward $250+.
• Consider momentum trading strategies, setting stop-loss orders below $200 to manage risk.
• Stay updated on ETF-related news and broader crypto sentiment.
Final Thoughts
All eyes are on March 1st, when FTX’s SOL unlock event could bring heightened volatility. Whether SOL drops further, consolidates, or stages a breakout, traders need to stay alert and adjust their strategies accordingly.
• For bulls: Look for accumulation zones and wait for a confirmed reversal.
• For range traders: Take advantage of price swings between support and resistance.
• For breakout traders: Keep an eye on volume and fundamental catalysts.
No matter which scenario plays out, staying disciplined, managing risk, and reacting to market conditions is key to trading SOL like a pro.
🚀 How are you planning to trade SOL during this event? Drop your thoughts below! 🚀
Pro Tips:
Trade Smarter, Not Harder with Phemex. Benefit from cutting-edge features like multiple watchlists, basket orders, and real-time strategy adjustments. Our unique scaled order system and iceberg order functionality give you a competitive edge.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
SOLUSDT - Long Trade IdeaTrade Details:
Entry : Buy at the current market price or place a buy limit at $160
Stop Loss : $152
Take Profit :
Reason for Trade:
SOL is showing strong bullish momentum and trading near a key support level.
Potential rebound from the demand zone around $160.
Favorable risk-to-reward setup with a tight stop-loss.
Disclaimer : This trade plan is for educational purposes only and not financial advice. Always conduct your own research and risk management before trading.
The bearish superwave of SOL has begun (3D)It seems that the The bearish superwave of SOL has begun.
A large liquidity pool has formed below the price, which is likely to break soon.
The all-time high has been broken falsely. This could lead to heavy drops in the weekly timeframe.
In the mid-term and long-term, Solana appears bearish.
Do not enter the position without capital management and stop setting
Comment if you have any questions
thank you
SOLANA Loss of trend line support SOLANA price action sentiment appears bullish, supported by the longer-term prevailing uptrend. The recent intraday price action appears to be an intraday dip below rising support trendline zone.
The key trading level is at 156.00 level, the previous consolidation price range and also the rising support trendline zone. A corrective pullback from the current levels and a bullish bounce back from the 156.00 level could target the upside resistance at 184.50 followed by the 200.00 and 210.70 levels over the longer timeframe.
Alternatively, a confirmed loss of the 156.00 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 150.00 support level followed by 140.00.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
SOLUSD: Libra crash is a buy in disguiseSolana is suffering heavy losses these past few days due to the prevailing news regarding Libra and has turned oversold on its 1D technical outlook (RSI = 30.523, MACD = -8.449, ADX = 53.479). Since the long term pattern is a Channel Up and the price is headed for its bottom, while the 1D RSI is at 30.000, which has been a buy signal for over 1 year, this is technically a buy opporutnity in disguise. The similar buy signal of June 23rd targeted the R1 level at the top of the corrective Channel. Go long, TP = 260.00.
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NothingThis is the result of trusting certain politicians !!
Following the crowd isn't always the right move! It might seem bold, but if you take a look at the market, you'll see that even professional analysts have made mistakes multiple times. Still, when the big names on Wall Street say something, everyone listens because it's much easier to rely on an expert's words than to think and make decisions on your own.
If you want to rely solely on yourself, well, your success is yours, but if you fail, you can't blame anyone but yourself. People naturally like to follow others, often without even realizing it. That's why many traders use mechanical trading systems to take decision-making out of their own hands and avoid hesitation.
If you like support me...
SOL Retesting the Descending ChannelBINANCE:SOLUSDT drops back to retest the descending channel.
The last two times it touched this level, it held and bounced up.
Let’s see if it can hold again this time—if not, it might drop to $146.
From the last two experience of bouncing back, we might know if it can hold this key support within a week.
🔴 Read my signature & publications for more info you don’t want to miss.
🔥 for more future "guesses" like this!
SOL/USDT – Critical Reversal or Major Breakdown?🚀 Key Market Insight:
Solana ( BINANCE:SOLUSDT ) is testing a high-stakes demand zone at $156-$162, aligning with major trendline support and previous liquidity grabs. This level will dictate the next big move—a strong bounce could fuel a rally, while a breakdown may trigger a deeper correction.
🛑 Key Levels to Watch:
✅ Support Zone: $156-$162 – Holding above = potential reversal.
🚨 Break Below $154: Could lead to $145-$135 and lower targets.
⚡ Resistance to Reclaim: $182, $195, $204, $212, and $219.
🧠 What to Look For:
🔹 Bullish Signal: Price reclaims $170+ with strong volume → Higher targets unlocked.
🔹 Bearish Signal: Price fails to hold $154 → Expect deeper downside.
🔹 Liquidity Trap? Smart money may hunt stop-losses before a reversal— watch for fakeouts .
Solana Breaks Key Support Level: Is It Time to Sell...?Solana has recently broken through the critical support level of $180 on the daily timeframe, signaling potential further downside. Traders are now faced with whether to take a short position immediately or wait for a retest of the broken support.
For those looking to enter a short trade, the ideal entry zone lies between the $170 and $180 range. With this strategy, it’s recommended to place a stop-loss at $190 to limit potential losses. The primary target for this short trade would be the next major support level around $120, offering a substantial downside potential.
As with any trading decision, caution is advised. Waiting for a retest could offer a better risk-to-reward ratio while entering now, allowing you to capitalize on the initial drop. Stay alert to market movements and adjust your strategy accordingly.