Is Bull market over? The best way to check is data.coinglass gives the clearest view with its Bull Market Peak Indicator. It tracks 30 key metrics, so far none of them have been triggered (0/30) The average progress is just 44.68%, which clearly shows the bull market is still active. According to projections $BTC could reach $175K to $230K before the market cycle completes. Ofter that we expect a bear 📉 market to start. So combining all signals it’s safe to say bull📈 market is very much alive and there’s still plenty of room to run🏃. #crypto DYOR
IS $SOL going to drop to$7? Right now, $SOL is trading around the $128 level, this zone is acting as strong and very important support. If this support breaks, many analysts are predicting that SOL could move to a much lower📉 level($7) Technically, this scenario does look, but in reality,it’s not very likely because the overall market currently trading above its major low levels. As long as SOL holds this support, even a small pushback or recovery in the market can SOL send back toward its previous highs So, according to my opinion, sol is very unlikely to revisit its previous low levels
$ENJ /USDT (15m) Deviation of the previous day high and price back below it We have a liquidity hip at 0.03020 As Bitcoin also wants to test the recent lows we can expect ENJ to take that liquidity.