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$SOL is following a very similar pattern, dumping sharply from the highs and now trading near the $127 support zone.
This move looks like a classic shakeout after a strong rally, where weak hands get flushed out. While short-term pressure remains, the bigger picture still favors a recovery if this level holds.
The key question now: is this just a cooldown before SOL pushes higher again, or do we see one more dip before the real bounce starts?
#ETH ANOTHER SHARP DIP ❗🫡 $ETH stuck in a range from last 3 hours....$ETH is feeling the pressure again, dumping hard from the recent highs and now trading around the $3K support zone....
As warned earlier, this move looks like a classic shakeout after a strong rally.
While the bigger trend still favors upside, a deeper dip toward the lower support area can’t be ruled out before momentum returns.
The key question now: is this just a cooldown before ETH resumes its push higher, or are we heading for one more leg down before the real move begins?
Money will keep rotating among these Privacy coins for next few months.....
Nothing goes up in a straight line. Avoid the overvalued coins $ZEC , $XMR and #DUSK . Hold $DASH , $XVG, $ZEN, $ROSE, $FIRO, $DCR and $PIVX with patience and conviction.
One year ago, the first pro-crypto President took office....
Since then,
#BTC is down 12%. $ETH is down 5%. $XRP is down 40%. $SOL is down 50%. Other large caps are down 50%-60%. Mid caps are down 70%-80%. Small caps and memes are down 90%.