Market Recovery Continues!
Hey #CryptoSquad !
The market's back on track! Bitcoin's price has recovered over $7,000 since Monday's low, and #altcoins are making a comeback too!
SOL is leading the charge, up 8% in 24 hours to north of $150. WIF, another altcoin, has soared by nearly 30%!
ETH has also made some gains, recovering from its slump to trade above $2,500.
The total crypto market cap has rebounded to over $2.1 trillion on CG.
Solana's impressive recovery has even earned praise from traders like Glitch Capital and Eugene Ng Ah Sio, who believe SOL will hit a new all-time high (ATH) "at some point" during this cycle!
But, as always, there are risks involved. Ali Martinez warns that SOL's TD Sequential indicator shows a sell signal on the hourly chart, which could trigger a retrace to $135-$130 if support is broken.
So, what do you think? Will SOL continue to soar or will it hit a roadblock?
Let me know in the comments!
Stay crypto-crazy, and I'll catch you all in the next one! #MarketSentimentToday
