Solana’s price rally has brought it close to forming a new all-time high, stirring optimism among traders and investors. The altcoin’s upward momentum reflects heightened market activity, but challenges remain as Solana struggles to breach critical resistance levels. 

Solana traders exhibit strong optimism, with the asset’s Futures Open Interest (OI) reaching a record $4.7 billion. This surge highlights increasing confidence among traders as they pour significant capital into $SOL amid its ongoing rally. With OI nearing $5 billion, Solana is experiencing a notable rise in market participation, reflecting heightened anticipation for further gains.

However, this growing OI highlights a divergence between expectations and current price movement. While traders are heavily investing, Solana’s price has yet to break past critical resistance levels. This contrast between open interest and price action raises questions about whether the bullish momentum can sustain itself or lead to a #correction .

From a technical perspective, Solana’s Relative Strength Index (RSI) indicates overbought conditions, sitting well above the neutral range. Also, Solana’s macro momentum remains strong, driven by broader market cues and increased adoption. These factors contribute to the asset’s resilience, but the overbought conditions warrant caution. Investors will need to monitor whether #Solana can maintain its upward trajectory or succumb to market pressures.

However, mixed signals from market sentiment and technical #Indicators suggest potential difficulties in overcoming $245. A failure to break through could send Solana down to $221 or lower, testing investor confidence. 

Every bull market sees a correction, and this bull market will be no exception. Typically, a correction follows an election. While we don’t know exactly when this correction will occur, it’s important to be prepared. When the correction comes, it will likely feel like the market won’t recover, but remember this: the faster the market falls during a bull run, the faster it typically recovers.

In the 2021 bull market, the first bull run ended towards the end of April. A major correction followed in May, with BTC dropping from $60k to $30k—nearly a 50% correction. Altcoins fared worse, falling by 70-80%. However, a similar correction might not happen this time, mainly because the market now includes major institutional players. A 50% drop in BTC feels less likely this time around.

Still, if we observe the market closely, there are signs that we’re nearing a peak:
1. Fear & Greed Index: Currently, the market is in extreme greed territory, with a score of almost 90. This is a significant sell signal. This situation could persist for a few more days or even start declining tomorrow—it’s unpredictable.
2. Coinbase’s Popularity: Coinbase is now the #1 Finance app on both Google Play Store and Apple App Store. Historically, whenever this happens, it signals a market correction.

If a correction does occur, which projects will suffer the most?

The meme coin sector will likely take the biggest hit. Meme coins often pump on hype and tend to correct the hardest. I expect a significant correction in this sector. Additionally, altcoins overall will likely see substantial corrections.
That said, this bull run has so far been dominated by Meme Coins and AI Projects. If a correction occurs, I anticipate a shift in focus toward DeFi and Gaming projects.

One emerging narrative within AI is AI Agents. Projects related to this niche have substantial potential for growth. For example:
• VIRTUAL Protocol has already made notable progress in this field and could be listed on Binance soon. While the token has already gained significantly, any price dip might present a buying opportunity.
• Similarly, PHA (Phala Network), already listed on Binance, is worth watching. If its price drops during the correction, it could be a strong buy.

As for meme coins, they will likely recover after the BTC correction. One to watch is $1000SATS , which hasn’t seen a major pump yet. It’s poised for a rise after BTC stabilizes post-correction.

Finally, considering the market’s current overbought condition, I believe we’re in the last stretch before a correction. This correction could begin anytime within the next week. Stay cautious, and use this opportunity to reposition into projects that could perform well in the latter half of the bull run.

Prepare for a correction, but also recognize the opportunities it brings. The market will recover stronger in a bull run, and positioning in the right sectors will yield significant returns.

#Binance240MUsers #NextMarketMoves #correction

I think in this area the #correction is over and we will see a goog growth in $FTM .

As I was preaching for a month now things come true and everyone was saying it will never hit those targets. I was patiently waiting for this moment and stay quiet but today we will have a deep conversation. In todays article we will go through the market first, we will talk why the correction and in the end we will dive into what is next for crypto market and how to successfully position yourself for whats coming
But firstly I would like to remind everyone reading this article that crypto market is not retail market anymore, we are against WALL STREET and those hedge managers always paying themselves because they have an obligation to their clients. Just imagine you put 100M into crypto and your hedge manager is in 20% loss what will you do- stay with them or you will go somewhere else. For me the answer is easy and that's why they always paying themselves on the way up. Always book your profits and you will have more capital for those tipe of correction. It is your hard earned money we are talking about and remember NOBODY WENT BROKE PAYING HIMSELF!!!
Ok lets start with some graphs and as always Bitcoin. If you don't have BTC in your portfolio please consider having it becouse of stability. Bitcoin corrects 8% everything else is bleeding

There are my entry levels for Bitcoin and please don't the tell me bro to deep. We have to be prepared for the worst not for the best every time what is 20, 25% correction in crypto- just another day in the office. How I am playing this game is like this. On first entry took a little capital and on every entry later down you double it down. For example you have 1500 bucks prepared for BTC on first entry put 50 dollars on second 100 on third 150, fourth 200 an so on and so on lower. Never go all in at one entry!!! double down on each. And the lowest you bought as we are going up don't HODL for long time book you big profits take liquidity out of the market so do you have capital for next correction which will come trust me and besides that you still have some BTC so you are not missing out anything. Maybe it will not go this low and if you are paying attention to movement as soon as you see W formation use your rest capital and put it into the market. Take this concept into consideration
Next one is Ethereum and it had a nice correction lately. I had my position ready since March 20 when I wrote an article about ETH. Yes the position were low at this moment and I reasses the situation and put my entry a bit higher

As you can see one of my levels was already hit and I already have profits for a nice dinner with my loved ones. The plan is the same for ETH as it is for BTC. Consider how much of your capital you willing to put into this asset and never go all in at one level always spread it for lower targets
The next one Solana where I have to read come nice comments from Moon Boys

To be totally honest with you I don't put much energy in this asset because I still don't know how many of SOL is actually sintetic. We know the story of SBF and how he manipulated crypto market with sintetic tokens to pump it to oblivion. That is why I think SOL had so many outages in previous bull run and I am speculating that the same man is making all of those meme coins from prison because he is still owned alot of money to their investors and that is how he will get his money from. My theory not facts ( but if there is someone who can back check this info let me know )
And the last one LINK. I was waiting for this project to have a retrace for a long time. It is one of my favourites and it will be with us till the end because there is no better Oracle in crypto space, others are not even close to compete

As you can see one of my entrys was already hit I am waiting for second leg of correction where I will be a huge buyer of this asset
From now on you will see only graphs from various projects. The principle is the same never go all in at one level and on the way up PAY YOURSELF! I have many articles already written you can back check me if you don't believe me and come to conclusion if I am speaking the truth ( which is needed in this space ) or I did some corrections since then
Chz

Avax

Matic

Dot

Vet

Ada to the T

Memecoins

I corrected that one

I have an article of memes and memes on Solana specifically
Iso 20022

For more read the article about Iso 20022
Layer 2

For more of Layer 2 I made a two part article couple a days ago. You can check it and position yourself properly
To conclude in my profile page you can read a lot of articles about different projects and my entry prices and you can navigate this wild markets with me. If nothing else I will keep you level headed and teach you to pay yourself
Hopefully you learn a thing or two today ones again please take your time an read some articles I posted where you will find many entries for many more assets. And yes before I forget if you have any questions about price levels for any crypto let me know down below and we will talk about it
Please people stay safe trade well be prepared for the worst and always pay yourself
I have nothing but mad love and respect for you be the GOAT in any given moment anywhere you are in the world
#BullorBear #Btc #correction #Memecoins #bitcoinhalving