CyberspaceChase
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CyberspaceChase

@cyberspacechase

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6 Followers


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have been acquired since February 23rd, a sign of a major shift in market dynamics. This surge in demand is reminiscent of the activity we saw after the FTX collapse, when the market hit its bottom. It seems we might be witnessing the beginning of something big. ๐Ÿ“ˆ ๐Ÿ‘€ Current BTC Price Action Bitcoin is currently priced at $84,347.65, down just 0.02% in the last 24 hours. Despite this slight dip, BTC is on the edge of breaking out from a descending wedge channel thatโ€™s been in place since the start of 2025. A breakout above $87,379.59 could mark the beginning of a bullish trend, while failure to break through may push the price down to the $78,296.26 support level. ๐Ÿ” BTC Network Activity: Positive Signs CryptoQuant data shows an increase in active BTC addresses (+0.96%) and transactions (+1.66%), reflecting growing engagement from both retail and institutional investors. This is a clear indication of increasing demand and confidence in BTC. ๐Ÿ“Š
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Massive Crash! SOL Oversold, Rebound Opportunity Emerges - In-Depth Bottom Fishing Signal Analysis! Solana ($SOL) has recently plunged to $127.33, hovering near the lower Bollinger Band at $122.10, with an RSI(14) of just 22.64, indicating a severe oversold condition and strong demand for a short-term rebound. However, the medium-to-long-term trend remains under pressure from the MA200 at $144.49, as market sentiment stays bearish. Technical Analysis: Price Status: The current price is below the average holding cost of $142.24, leaving most holders at a loss. Key Levels: Support: $122.10 (lower Bollinger Band) Resistance: $138.74 (upper boundary of the dense trading zone) This analysis suggests that while there might be a short-term recovery, the medium-term trend will largely depend on whether the price can break through resistance at $138.74.
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