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Despite the recent bearish sentiment, Solana (SOL) is showing signs of a potential breakout, with both technical and fundamental indicators aligning for a bullish move. A trading expert has identified a recurring price pattern, suggesting that if historical trends hold, SOL could be on track to reach $565, signaling another major rally for the asset. Solana technical analysis: Fibonacci model targets $565 Notably, Trader Tardigrade has highlighted a recurring trend in Solana’s price movements, where each breakout from an ascending triangle formation has consistently reached the Fibonacci 2.618 extension level. Picks for you Polkadot Blockchain Academy debuts JAM course for future blockchain architects 18 mins ago ChatGPT says Gold pri...

Bitcoin (BTC) highly capitalized investors known as “whales” are showing growing optimism at current prices, buying and accumulating the cryptocurrency. These whales accumulated nearly $240 million worth of Bitcoin this week, signaling a bullish bias to BTC price moving forward. Most recently, a new Bitcoin wallet address withdrew 533.5 BTC from Binance, worth $31 million, according to SpotOnChain ‘s post. This investor moved the likely purchased assets at an average price of $58,188 per BTC after a notable crash. Bitcoin whale ‘bcq1qdvajn9…’ portfolio. Source: SpotOnChain In this context, SpotOnChain reported that other “fresh whales” have shown a similar accumulation behavior this week. “Fresh whales” are recently created addresses, previously with zero balance, who suddenly received large amounts. Picks for you ...