Today, we will discuss the evaluations of 3 different cryptocurrency analysts on the markets. BTC returned to $ 57,000 after making the expected classic decline with the US market opening. Although consolidation continues, the good inflation data does not seem to be something that is cared about in the BTC chart. Carl says it may be time for Solana (SOL) Coin.
Solana (SOL) Analyst Commentary
Reputed crypto money analyst Carl shared the chart below just a few minutes ago and wrote that an entry opportunity for short-term selling has arrived. The analyst pointed out that in previous short-term fluctuations, those who bought at current levels had a satisfactory selling opportunity with gains. The analyst, who asked his followers “Are you buying the dip?”, could present a selling opportunity at higher levels in a few days if he is right.
After previously testing the bottom at $125, the SOL Coin price increased by 15% to 58%. It is not known whether history will repeat itself, but the bottom level was tested once again.
Cryptocurrencies Comment
Bitcoin 
$56,474.79 price It returned to $ 57,000. Despite this, investors are not comfortable because what has been going on for months is creating psychological pressure similar to the continuous decline days of bear markets. Investors who were disappointed in every attempt suffered very serious losses, especially in futures transactions.
If you compare liquidation figures following major movements with liquidation maps, you will see that liquidations have decreased compared to months ago. Because investors cannot find a definite sense of confidence in either direction. Thus, stop levels are triggered as the price moves and liquidation figures decrease with the escape. In the early days, major movements caused those expecting a decline to lose hundreds of millions of dollars during the rise. The same thing happened to those expecting an increase.
Our second analyst is Jelle and wrote that he expects a new move to $60,000.
“Everyone was scared of the ridiculous intraday drop – meanwhile support was confirmed and 4h 50ema also turned into support. Time for a new move towards $60,000.”
If BTC goes to $60k altcoins will also largely follow. The last analyst Daan is looking for persistence above $57,100. While the CPI data-dependent traders are having fun with the fact that they are hunting both ways, the bottom support is at $55,600.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
