Bitcoin has surprised the market by reaching $92,000, with Shiba Inu slowing down, while Solana continues its rise and may reach $300.
Bitcoin Sets New Record
Bitcoin has reached a new price level of $92,000, cementing its position during the bullish cycle. Investors anticipate that $100,000 will be the next resistance level, potentially opening a new wave of growth. To maintain stability, Bitcoin needs to stay above $85,000; otherwise, a retracement to support levels around $75,000 could occur.
Shiba Inu's Momentum Fades
Shiba Inu is losing momentum, stalling at the $0.000026 level, which has become a significant resistance. Trading volume has decreased, reflecting traders' low interest. Meanwhile, its strong brand and active community still offer possibilities for recovery, especially if the overall crypto market remains bullish.
Solana on the Rise
Solana impresses with its recent surge and may test the $300 level. The current support level stands at $200, with further potential retracement levels at $175 and $150. Despite potential cooling due to overbought conditions, the overall trend remains bullish, supported by increasing trading volumes.
The cryptocurrency market shows diverse dynamics: Bitcoin is steadily rising, Shiba Inu faces pressure, while Solana has shown significant investor interest.
