#SOLANA : ETF makes $SOL Bullish ⁉️ & $BTC Breaking Out ?
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- Mixed economic news with jobs data, leading to a bearish dollar strength index.
♦️ Bitcoin:
- Relatively strong, needs to break above $62,200 for a bullish breakout.
♦️ Altcoin Market:
- Needs to break above $614 billion for a bullish breakout.
♦️ Solana ETF News:
- Solana ETF filing, leading to a 6% price increase.
- Solana ecosystem is bullish, with JUP, JTO, PYTH, and W performing well.
- Caution advised, as ETF approval may take a year.
♦️ Coinbase Sues SEC:
- Coinbase sues SEC, which could be bullish for crypto, especially with upcoming elections.
♦️ Other Market News:
- Shorts have been closed in the last hour, but Bitcoin momentum is still lacking.
- Some cryptos performing well, including Pendle, Ethereum Beta, Solana, JTO, WIF, and BOME.
- Other interesting cryptos to watch include Maker and ST.
♦️ Conclusion:
- Keep an eye on Bitcoin and altcoin market levels for potential breakouts.
- Solana and Ethereum Beta are interesting to watch, especially with the Solana ETF news.