Here’s a 24-Hour Crypto News Summary!✨ (3/11)
1. @solana (SOL) has shown bullish signals by completing a “golden cross” pattern, where the short-term moving average crosses the long-term one, indicating potential price upside. However, after reaching $183, Solana faced resistance and fell by 2.28% in the past 24 hours to $174. This reflects profit-taking after Bitcoin (BTC) surged above $73,000, although there is an optimistic outlook for $SOL to break through the $183 resistance towards $210.
2. UBS Bank announced the launch of an Ethereum-based tokenized fund, marking a significant step in the adoption of blockchain technology by traditional financial institutions.
3. The Crypto ecosystem in Indonesia remains active with various discussions and events, such as the upcoming AMA (Ask Me Anything) on Tokocrypto, showing the continued enthusiasm and education in the local crypto community.
4. Investment and Startup Trends - There is increasing attention to crypto business models that adopt the lean startup methodology, emphasizing the importance of project viability through high user engagement.
5. Sentiment on X (Twitter) shows concern and speculation about a drop in the price of $BTC ahead of the US Presidential Election on November 5, 2024, with some users viewing this as a "sell on news" event.