cryptopredictions

Solana has struggled to maintain its recent momentum, giving back part of its gains. After failing to hold above the $86 level, the price pulled back and is now searching for stability at lower levels.
Post-Rally Correction: Bears Take Control
Solana has come under pressure alongside Bitcoin and Ethereum. Following rejection at higher levels, the price dropped below $85 and $84, entering a short-term bearish phase.
A key technical signal was the move below the 50% Fibonacci retracement of the previous upward swing, confirming weakening bullish momentum.
Descending Channel Signals Uncertainty
On the hourly chart, a descending channel is forming, with support near $82.50. This level is now acting as a critical defensive zone for buyers.
At the same time, the price remains below the 100-hour moving average, reinforcing the negative short-term trend.
Resistance Levels Limit Recovery
For SOL to regain upward momentum, it must break through several key resistance levels:
$85.50 as immediate resistance$86 as a key barrier$87.40 as the level that could confirm a bullish breakout
A move above $87.40 could open the door for further gains toward $92 and potentially $95.
More Downside Ahead?
The bearish scenario remains in play. If Solana fails to hold above $82.50, selling pressure could intensify.
Key support levels to watch:
$83.50 as initial support$82.50 as a critical level$80 as a psychological threshold
A break below $80 could expose the price to deeper losses toward $75.
Indicators Flash Warning Signs
Current technical indicators favor the bears:
MACD is strengthening in the negative zoneRSI remains below 50
These signals suggest that buying pressure is still too weak to reverse the trend.
Market Awaits Direction
Solana is now at a crucial point. Holding key support levels could restore confidence, while a breakdown may trigger further selling.
The next few days will likely determine the direction of SOL’s next major move.
#solana , #Altcoin , #CryptoPredictions , #sol , #trading
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Disclaimer:
The information and opinions presented in this article are for informational and educational purposes only and should not be considered financial or investment advice. Nothing on this page constitutes a recommendation to buy or sell any assets. Cryptocurrency investments are inherently risky and may result in financial loss. Always do your own research before making any investment decisions.

The Bitcoin market is once again entering a phase of uncertainty — and according to veteran investor Michael Terpin, the most important move may still be ahead. One of crypto’s early pioneers now outlines a scenario that includes a potential drop later this year.
According to his view, there is roughly a 50% chance that Bitcoin could test a bottom between $48,000 and $57,000 as early as October.
A Different Cycle, A Different Market
However, Terpin emphasizes that this cycle is fundamentally different from previous bear markets. This time, institutional capital is playing a much larger role, creating a stronger foundation for the market.
Ongoing accumulation by firms such as MicroStrategy (now Strategy), along with steady inflows into spot Bitcoin ETFs, is seen as a key stabilizing force.
These factors, according to Terpin, significantly raise the market’s “floor,” making a drop below $40,000 less likely.
Retail Liquidations Drive the Pressure, Not Whales
Terpin also challenges the narrative that large investors are driving the sell-off. Instead, he points to retail traders being forced to close leveraged positions as the primary source of downward pressure.
While these liquidations can trigger sharp price moves, they do not necessarily indicate a broader loss of confidence among long-term holders or institutions.
An Unexpected Risk: Artificial Intelligence
Beyond price action, Terpin highlights emerging risks that are not yet widely discussed. While he downplays concerns about quantum computing in the near term, he sees artificial intelligence as a more immediate threat.
According to him, advanced AI systems could potentially identify vulnerabilities in smart contracts, particularly within the Ethereum ecosystem. In a worst-case scenario, this could trigger cascading failures similar to past major collapses in the crypto space.
Such a development could significantly impact decentralized finance (DeFi) platforms and broader market confidence.
Short-Term Volatility, Long-Term Optimism
Despite the cautious short-term outlook, Terpin remains strongly bullish over the long term. He reiterates his projection that Bitcoin could reach $1 million by 2033.
This outlook is based on long-term adoption trends, inflation dynamics in traditional finance, and Bitcoin’s fixed supply.
Conclusion
Terpin’s perspective reflects a market caught between short-term volatility and long-term structural strength. While further downside cannot be ruled out, the underlying dynamics suggest that Bitcoin is no longer operating under the same conditions as in previous cycles.
For now, the key level to watch remains the $48,000–$57,000 range — and how the market reacts if it gets there.
#bitcoin , #BTC , #CryptoPredictions , #etf , #CryptoMarket
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Disclaimer:
The information and opinions presented in this article are for informational and educational purposes only and should not be considered financial or investment advice. Nothing on this page constitutes a recommendation to buy or sell any assets. Cryptocurrency investments are inherently risky and may result in financial loss. Always do your own research before making any investment decisions.