📈 Prediction (BTC and SOL):

😀 BTC/USDT - Since early August, #Bitcoin has been making strong efforts to surpass the $60,000 mark. However, the lack of progress has prevented investors from recovering losses incurred during the price drop in July. The cryptocurrency's movement is forming a broadening ascending wedge pattern, but breaking out of this pattern has been delayed. This is due to declining demand for #BTC among investors. A report from CryptoQuant shows that the reserves held by major BTC holders have significantly decreased. According to the report, the 30-day percentage change in whale holdings has dropped from 6% in February to just 1% currently. Bitcoin is likely to continue consolidating below $60,000. The trend since early March suggests the following pattern: BTC tends to trade sideways within a fixed range before either dropping sharply or rising suddenly. If bullish signals prevail, the price could rise to $65,000, but breaking through this level may take time. Thus, a bullish breakout from the pattern and a rally to $80,000 by the end of the third quarter seem unlikely. However, if BTC manages to break the $65,000 barrier, it could surge above $71,500. This could potentially allow the coin to surpass its all-time high of $73,800 and invalidate the bearish-neutral scenario.

💸 SOL/USDT - At the time of writing, #SOL is trading at $144, having gained 2% in the past 24 hours. The cryptocurrency is still holding above the support level at $137. However, due to an unsuccessful recovery attempt in early August, Solana is likely to continue consolidating below $156 for now. If it breaks below $137, the altcoin could fall to $126, where a critical support level lies. A bounce from this point could lead to macro consolidation within a broader range of $126 to $186. Meanwhile, a gradual recovery could enable #Solana to establish $156 as a support level. In this scenario, the cryptocurrency could rise to $169. Although this growth may not fully recover the losses incurred in July, it would still refute the bearish thesis.

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