I strongly believed that 72k would act as a bounce level, which is why I took partial profits on the short at that level. There are still 2 days and 22 hours left for the weekly candle to close. If BTC closes the weekly candle below 72k, we will officially enter an accumulation zone between 54k and 72k, where price could range for weeks or even months.
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Price is consolidating above a key support zone, showing strong buying interest. Market structure remains bullish, suggesting a potential upside continuation. Strong support is holding with higher low formation. The next move is likely to be bullish. Accumulation is visible near the demand area. A short-term bullish move is expected. Price has respected the trendline and major support levels. Bullish momentum may continue toward higher targets. Support confirmed — bullish continuation expected. $ETH #MarketCorrection #CZAMAonBinanceSquare #Ethereum
$SOL Price action (live): SOL is trading around $139.5, intraday high $144.47 / low $130.64 (see live chart above).
Why price is moving: Recent spot-ETF activity and inflows into SOL-related ETFs have helped the rally, attracting institutional demand.
On-chain & network drivers: Important upgrades and tooling (Alpenglow, Firedancer, staking/liquid-staking developments) are improving validator economics and network reliability — a bullish structural story if adoption continues.
Risk signs / flows: Watch spot outflows and large whale transfers that have created selling pressure recently — distribution can quickly blunt rallies if flows reverse.
Key technical levels (short-term): Support zone near $120–$130 (recent lows / buying area); immediate resistance $150–$160 — a sustained close above $160 would open higher targets, while a break below $120 risks deeper pullback.
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