BTC, which is trying to get back 92 thousand dollars, was not very impressed by Trump’s latest “we are finished” statements. 15-minute candles are of unusual sizes, so investors should be prepared for the upcoming potential liquidation wave. While many investors are already out of the game, we may see days when liquidity becomes even weaker. So, what are the analysts’ predictions for SEI and SOL Coin?
Liquidation Wave is Coming
Trump will make statements in the coming hours, and the Supreme Court tariff decision will most likely come on Wednesday. The inflation report is awaited with excitement, we are in critical times. This is exactly why BTC is creating massive 15-minute bullish and bearish candles. A new liquidation wave is probably coming.
According to Coinglass data, $280 million in liquidations have occurred in the last 24 hours amid weakening volumes. The liquidations were triggered by Powell’s video about “they will put me in jail because I don’t cut interest rates.” Although short positions dominate, we are likely to see high volatility in both directions.
BTC Discussing the current situation, the analyst with the pseudonym DaanCrypto shared the chart below.
“BTC is a perfect example of weekend price action. From the close of CME futures on Friday to the open on Monday, it ended exactly where it started.
It’s something we’re always pleased to see.
This means that no new gaps have formed and there are still no significant gaps that need attention.”
This post by DaanCrypto brought to mind the analyzes that missed the CME GAP last week and expected a decline. In general, CME price gaps are dollar and for BTC, this indicates a new decline extending to $88,000.
SEI and SOL Coin
Michael Poppe, who always looks at the glass half full, is one of his favorite altcoins today. SEI Coin put it on his agenda. In an environment of strong competition, declining volumes and endless billion-dollar liquidations have caused such projects to fall by the wayside. One of the competitive projects fighting against overselling is SEI.
“SEI is doing great.
In fact, most Altcoins are like that.
Why? They have broken above the 21-day moving average and are all testing it as support. So far everything is going well and I think we will see a new wave of rise with the markets. One of the positions I am happy to hold is SEI.”
SOL Coin He also shared his evaluation of Columbus. Pointing to ABC withdrawal before the rise, the analyst says that an extended test around $118 is possible.
