Bitcoin Although it struggles to maintain $68,000, it is about to lose the key level at the time of writing. ETH returned below $2,100 after a short-term rise. Yesterday’s Santiment FOMO signal worked correctly and those who took positions early were able to benefit from the decline. So how many dollars will BTC, ETH and SOL Coin be?
BTC and ETH price
trump After he said, “We will destroy the entire civilization of Iran,” direct communication between the USA and Iran was cut off. Iran continues to meet with ceasefire mediators for now, but if Trump postpones the deadline once again, he will be in a ridiculous situation and will be in trouble by 03:00. If there is no ceasefire (indeed, statements indicate that there will be no ceasefire), Iran’s entire infrastructure will be destroyed. Iran also announced today that if such a thing were to happen, it would plunge Saudi and other regional countries into darkness.
Gulf countries, which pay trillions of dollars to the USA, are facing attacks from Iran. of NATO They are trying to draw him into the war he is reluctant to enter. In summary, there are only 9 hours left for the big break and it is expected to be determined whether there will be a ceasefire or not before we start counting the minutes.
We look at the oil chart to understand the tone of tension. With Trump’s statements today, the price, which was based on $ 112, has now fallen back to $ 110, but it has not returned below $ 107, that is, to the safe zone.
To explain to you the period (the gravity) we are in, I can say this: “Even Poppe is expecting a decline” yes, that is exactly the case. The analyst who shared the chart above wrote that the bottom will be reached in the marked area due to the almost certain possibility of the conflict escalating.
“A decline is likely. Why? Because the price has pulled back once again at the $70,000 level and is creating rising lows, with the last rising low being at $66,500. This means the price is contracting and markets are unsure which way it wants to go. Volumes are decreasing, but in the event of a breakout, volumes and volatility will increase.”
The most important question about this is whether there will be a ceasefire in the Middle East. “From a technical perspective, markets are more likely to move down as the trend is clearly in that direction, and (as I mentioned earlier) wiping out the lows and capturing that liquidity would significantly strengthen a potential reversal in the markets.”
ETH Despite many attempts, it could not permanently exceed $ 2,100. The first target here is the $2,020 levels, which is the middle area of the channel. In case of a loss, $1,924 and $1,833 can be tested. Depending on the speed of the decline in the BTC price, the ETH investor, who is already worn out, does not have much of a support point to hold the price. In a shock decline, the lower wick could even approach $1,500. Yesterday’s $120 million ETF inflow is one motivation and helps offset the previous week’s outflow.
Solana (LEFT)
Solana (LEFT) It took a hit after last week’s Drift Protocol attack and is now trying to protect $78 million. The already weakened network is now struggling with protocol losses exceeding $280 million. Last week, XRP Coin surpassed Solana in ETF inflows, but inflows are still continuing.
If we see a major bearish breakout across the market today, SOL Coin will be very vulnerable. With the loss of $77.5, $68 is likely to be tested in 59 days.
Then, it will return to levels not seen since the beginning of 2024. $77.5 was the ground of that big rise, so its loss will be very significant and may even cause the downtrend to accelerate. Gold’s old $68 resistance will be expected to act as support, and with its loss, $54.6 may come to the fore.
