Today cryptocurrencies He had a chance to breathe because the day after Khamenei died, it was revealed that Iranian officials tried to meet with the USA. Although this is delayed news, it shows that Iran may not want to prolong the conflict. Especially as the civil unrest continues and the USA is seizing airspace, starting from the south. So what are the predictions for SOL and DOGE?
Latest Developments and March 4
Qatar’s inability to send gas to Europe increased energy prices by 100%. Oil has risen and refineries are still being attacked. Iranian media quoted a spokesman for the Iranian armed forces as saying that Iran would target Israeli embassies around the world if Israel attacked the Iranian embassy in Beirut. While the number of ballistic missiles is decreasing day by day, such statements show that the process may not end immediately.
Iran is not the only problem. Following the Supreme Court’s tariff cancellation, Treasury Secretary Bessent announced that a 15% global customs tariff will be put into effect this week.
The European Union expects the United States not to raise its overall tariff on the bloc to 15%, despite Treasury Secretary Scott Bessent’s announcement that the higher rate would take effect this week. The EU has received assurances from the United States that the bloc’s exports will continue to be subject to a 10% general tariff, according to people with knowledge of the matter who spoke on condition of anonymity. If this is confirmed, it will be positive for cryptocurrencies, at least we will be able to avoid the tariff chaos.
The dollar ended its two-day rising streak. Brent crude fell from its intraday peak and traded around $82 per barrel. European stocks gained 1%.
ADP data It confirmed that we may not see an interest rate cut even next July, above expectations. There will be statements from the White House Press Secretary at 21:00. Trump will make a phone call at 21:30 and the Fed’s Beige Book will be published at 22:00. This report will show us how employment, production, etc. are on a state basis.
23:00 Trump has a Roundtable Meeting. Senate War Powers approval is due at 00:00 and Broadcom earnings report is due at 00:15.
Solana (SOL) and Dogecoin (DOGE)
As you can see in the first episode, the agenda is very busy. What we drew attention to throughout the week was that “the less Iran resists and the sooner it comes to the table”, the faster cryptocurrencies will rise. Since today’s NYT news pointed out exactly this, BTC rose and the necessary conditions for recovery in cryptocurrencies were created.
SOL Coin regained $88 as expected and if it can maintain this level, it can be expected to reach $97. The price movement here is completely BTC driven and we will see that the breaking news will have important consequences on the SOL Coin chart. The ultimate goal is to quickly regain the $118 bullish base and return to $200. However, if a land operation against Iran begins and we face a war that will last for years, it may return to the 77-67 dollar range in the short term.
fashion show According to data, the total locked value in the network recovered from 6.11 billion dollars SOL Coin According to the meltdown in its price, it is in a better situation than last month. DEX volume is positive, maintaining $2.3 billion, and stablecoin presence on the network is up 1% in 7 days. Interest in the ETF channel is also strong, so this decline has increased the appetite of those who have long-term plans for SOL Coin.
Continuing the day with a 5 percent gain DOGE It failed to gain the $0.1 threshold. This reflects the lack of interest on the Dogecoin front. As a matter of fact, when you compare the chart with SOL Coin, you see that the trend is completely different. If DOGE, which has not yet recovered from the bottom zone, can regain $ 0.1, the range of 0.1031 and 0.1183 can be targeted. BTC tested 72 thousand dollars just as the article was being prepared, unless of course this mobility will last a short time. to Dogecoin will also benefit.
