Solana (SOL) shows potential for a strong rebound, breaking past $150 and overcoming resistance lines since July. Renewed market interest and rising open interest hint at a sustained bullish trend. Analysts predict SOL could surpass $200, contingent on key resistance levels being breached.
Notcoin (NOT) sees a 14% price increase in 24 hours, but market indicators hint at a possible correction.
Bitcoin's open interest is at $14.859 billion with a balanced Taker Buy Ratio, indicating an equal balance between buyers and sellers. A shift in the funding rate suggests a reduction in leverage, signaling trader caution.
The cryptocurrency market witnessed significant liquidations following Bitcoin's price drop. Bitcoin's failure to break out of the $60,000-$70,000 range has led to a 6% decline.