Solana (SOL) price as Bitcoin and SUI fell the supply stolen this week
The Solana (SOL) price has decreased from investor expectations this week, as capital leaders preferred Bitcoin and emerging altcoins like SUI.
The Crypto Global Bullish market went on Friday, with Bitcoin price 0.3 % on Friday and 2.1 % over seven days.
Meanwhile, Solana decreased by 1.7 % a day and 1.9 % more severe during the week.
The numbers indicate a noticeable exit of the traders in the short term from the Sol, where they rotated the money to the origins of stronger novels in the short term.
There is still a large incentive that leads the Bitcoin rise is the institutional accumulation, as the Installed Instal Incoland Funds have published standard flows.
Meanwhile, SUI rose after the news that 21 charts were presented to ETF’s health with SEC. Sui has risen to $ 3.71 on Thursday before its correction to $ 3.40 at the time of the press, almost 60 % in the past two weeks.
This blatant contrast reflects a pattern of selective capital rotation among merchants looking for profitable opportunities within short -term market novels.
The price of Sol fell to less than $ 150 on Friday, turning the negative on the weekly candle and highlighting the lack of bullish condemnation in the short term.
Solana Eric Trump’s investor warns banks not to adopt encryption within 10 years
In addition to Solana’s long -term narration, Eric Trump, a well -known investor in Bitcoin, Ethereum, Solana and Doy, has occupied newspapers this week with a blatant warning to traditional financial institutions.
In an interview with CNBCTrump has warned that banks are extinct in a decade if they fail to integrate the infrastructure of the cryptocurrency into their basic operations.
Swift systems are a disaster. The traditional banking system is slow and ineffective.
Currently, you can open an encrypted currency app and transfer money from a wallet to a wallet immediately, without any bank fees.
I tell you if the banks do not realize what will happen that they will disappear 10 years ago – Eric Trump, May 2025
Notice Trump, criticizing the inefficiency and cost of the current financial system.
He said that the decentralized financing (Defi), which was enabled by Blockchain platforms such as Ethereum and Solana, offers a much higher alternative to speed, access to cost and cost effectiveness.
The timing of Eric Trump’s statements is very important, as the rapid Stablecoin regulations track Congress and take fees on the encryption trading platform, the state of Arizona, a draft law to launch the first strategic reserves of encrypted currencies. Institutional adoption deepens, you can see symbols like Solana renewing the long -term demand.
This long -term bullish look, as we saw Solana Bulls, is a potential gathering towards a mark of $ 750 if the market conditions are aligned.
While these ambitious Solana price expectations are still reasonable, Solusd Daily Chart shows light on the main obstacles to $ 160.
Solana Price expectations today: Bulls targets $ 156 if support exceeds $ 142
Solana (SOL) is trading at $ 147.98 after a modest decrease of 1.9 %, but the broader technical preparation continues to prefer the upcoming continuity. The price is still comfortable over the midfield than the Bollegerer teams, indicating that the last monotheism may be a temporary pause rather than a reflection.
The equivalent sar indicators, which have been set less than the current price levels since mid -April, continue to indicate the continuous upward trend, despite the slight decline on Thursday.
Sol PRICE expectations today tend to be optimistic with caution, with the support of the basic momentum shown in Pull Bear Power (BBP), which is still positive at 8.13. This indicates that the bulls still have a short -term feature.
The Daily Close remains higher than the 20 -day moving average near $ 142 and exceeds the Bollinger Lower range at $ 124.77, which enhances the offer that the main support areas are intact.
The resistance area represents about $ 156, which is characterized by the upper Bollenger Band and previous local heights, the next test for buyers. If the upscale size and price procedures resume decisively for $ 150, it is possible that a re -test of $ 156 will be. However, failure to keep $ 142 can offer the risk of the negative side about $ 135.
Related questions (common questions)
Solana decreased by 1.9 % as investors rotated the capital to stronger novels such as Bitcoin and Soy, which witnessed renewed institutional interest.
Yes, Solana’s long -term look remains strong, driven by the Defi tool and its horizons from the main investors such as Eric Trump.
The following main resistance is about 156 dollars, and is compatible with the upper Bollengerer range and modern local heights on the daily chart.
Ibrahim
The encryption analyst that covers the derivative markets, macro trends, technical analysis and Defi. His business is characterized by in -depth market visions, price expectations and institutional research on digital assets.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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