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@bluesky2710

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⸻ [Solana Weekly Analysis – July 8, 2025] Solana (SOL) is currently trading around $147.96, down 2.59% this week. After a strong rally since early 2023, SOL is now moving within an ascending broadening wedge – a pattern that often signals a potential breakout. The RSI remains below the 60 level, indicating that bullish momentum is weakening and buyers have yet to take full control. Without a breakout above this zone, sideways or corrective movement may continue. • Key support: $120 • Major resistance: $180 • Breakout above the wedge: targets $220–$250 • Breakdown below support: risk of falling back to $90–$100 The market is in a short-term consolidation phase, awaiting cues from Bitcoin, the Fed, and upcoming ecosystem events. The best strategy for now is to wait for a confirmed breakout before taking action. ⸻
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🚨 WE’RE HERE — The Emotional Phase of the 2024 Bitcoin Cycle 🚨 Every crypto cycle follows the same emotional rollercoaster — and this chart nails it. From disbelief to hope, from belief to euphoria… and now? We’re in the denial-to-panic zone. Bitcoin hit $120K, and many thought it would keep flying. But the market always moves in cycles — and emotions often drive it more than logic. 📉 We are likely entering the panic → anger → depression stages. Historically, this is when the weak hands sell, the noise fades, and only the smart money stays. It’s uncomfortable. It feels wrong. But it’s exactly during this phase that opportunities are born. Remember: The next disbelief phase often marks the beginning of the next major rally. Will you be ready, or will you repeat the cycle? ⏳ This is not the time to give up. It’s the time to zoom out, stay rational, and position wisely. #Bitcoin #CryptoCycle #EmotionsInMarkets #BTC2024 #BearMarket #HODL #CryptoInvesting #CryptoMindset
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