The cryptocurrency market has been volatile this week, with significant shifts in major digital assets. In particular, serious declines were observed in the market prices of Bitcoin and Solana, making it important to analyze their future movements. A famous analyst offered insights into the potential moves and technical situations of these leading cryptocurrencies.

Bitcoin has had a rather volatile week, starting at almost $70,000 and falling below $60,000. Famous crypto analyst Altcoin Sherpa predicts that further corrections may occur. In the analysis shared by Sherpa on social media, it is stated that Bitcoin may experience a decrease of more than 7% from its current levels. Technical indicators of Bitcoin, which is trading at around $61,700 after a brief recovery, point to caution.

Solana, known as the “Ethereum killer”, is also in a downward trend; It is currently trading at $150. Altcoin Sherpa predicts that Solana's price may drop to $125. Solana's market capitalization has decreased to less than $70 billion, and its trading volume is now $3.7 billion, down 17%.

It is important for investors to consider the potential for further declines in Bitcoin and Solana in line with technical observations. While Bitcoin may drop to $58,000, Solana can be expected to drop to $125 and possible upward movements after this point. Investors are advised to analyze these insights and technical indicators carefully and consider long-term investment suitability.

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So who will benefit?

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I EXPLAIN IN DETAIL.

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