The crypto markets are showing signs of recovery from a recent sell-off, with Bitcoin's dominance reaching new highs at 57.76%. This has led to significant liquidity within Bitcoin, causing other top 10 altcoins to stay within a narrow trading range.
Solana, one of the major players in the altcoin space, has recently formed another lower high. The crucial question now is whether the bulls can sustain the SOL price at the $125 mark. The performance of Bitcoin could significantly influence Solana's price action in the near term.
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