Solana finds itself at a pivotal moment, as it faces potential shifts in market conditions. Meanwhile, SUI is on the lookout for bullish confirmation that could set the stage for its next move. The crypto market started the day in consolidation, with a substantial 30% drop in trading volumes.
Despite the drop, both bulls and bears remain steadfast, possibly leading to range-bound consolidation for some time. This trend is also observed in major cryptocurrencies such as Bitcoin, Ethereum, and XRP, alongside other prominent altcoins. The situation suggests a period of lower volatility and potential opportunities for accumulation.