ZK broke out of the falling wedge pattern in an upward direction, resulting in a significant rally as anticipated. The price increased by over 33% following the breakout. If you missed the previous opportunity, you can consider opening a new position now. I expect a strong move in the coming days.
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The channel shares technical analyses and trading ideas focused on cryptocurrency markets, often highlighting entry and exit points. Content is geared toward individuals with some trading experience who can interpret chart patterns and risk metrics. Users should verify information independently and be aware of the inherent volatility of crypto assets.
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Bitcoin is experiencing some downward movement, and volume has dropped due to the weekend. I expect sideways movement for the next couple of days before the next leg up.
Bitcoin Dominance is currently testing a support area, and a break below this support level would be favorable for altcoins. We can expect a significant movement in altcoins once this support is broken. Keep an eye on these levels.
🔥 Solana ETF demand is picking up strongly.
Spot Solana ETFs have seen a record stretch of inflows, while Bitwise’s BSOL has emerged as the clear leader. BSOL now holds over 9.3 million SOL and has crossed $1 billion in AUM, according to its latest holdings data.
👉 This growing institutional demand is a positive signal for SOL, showing increasing interest in gaining exposure through regulated investment products. If inflows continue, they could provide additional support for Solana’s price and broader market sentiment. 📈
PUMP tested the $0.005500 resistance level but was unable to break above it. The price is currently experiencing a small pullback, which presents an opportunity to buy more if you missed the earlier chance. The market structure remains bullish, and a break above $0.005500 could lead to a significant rally.
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