Yesterday, the market experienced a collective pullback, and the first CME gap was filled. The overall trend appears to be quite volatile. Interestingly, despite the general decline in the US stock market, the cryptocurrency market has managed to hold steady.



Regarding Bitcoin's movement, it has already fallen back to the position of the first CME gap and is currently in a rebound phase. However, it is worth noting that a new CME gap was identified last week, which means that the subsequent market direction requires close observation. Today is Friday, and the weekend's performance may provide some signals.

Ethereum has demonstrated strong liquidity characteristics. Whether rising or falling, its movements are very coherent and smooth, generally following Bitcoin's rhythm of ups and downs. This correlation has been quite evident in recent weeks.

SOL's recent performance has been quite notable. Near its lowest point, community opinion leaders began to signal a bullish outlook. During this correction, SOL's rebound was the strongest, with the smallest retracement space. More importantly, on-chain data has performed quite well, with activity and trading heat maintained at high levels. This trend warrants continued attention.
BTC-0,09%
ETH0,19%
SOL-0,15%
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CryptoFortuneTellervip
· 18h ago
This wave of SOL indeed shows resilience, and on-chain data is also strong. Worth paying attention to.
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LightningClickervip
· 01-09 02:54
SOL this time is really tough, data speaks for itself.
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AirdropHunter9000vip
· 01-09 02:40
SOL is really strong this time, and the on-chain data is also impressive. I'm optimistic.
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JustHodlItvip
· 01-09 02:28
SOL's rebound is amazing, on-chain data is solid as well, feels promising
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SpeakWithHatOnvip
· 01-09 02:25
SOL this wave is really strong, on-chain data is also impressive, feels like there's a chance
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