Bitcoin price corrected gains and tested the $67,500 support. BTC is now 
recovering and might aim for an upside break above $69,500. Bitcoin is 
recovering losses and moving higher above $68,500. The price is trading above 
$68,800 and the 100 hourly simple moving average. There is a declining channel 
forming with resistance at $69,550 on the hourly chart of the BTC/USD pair 
(data feed from Kraken). The pair might dip again if it trades below the 
$68,000 and $67,400 levels. Bitcoin Price Faces Resistance Bitcoin price 
failed to remain stable above the $70,000 zone. BTC started a fresh decline 
and traded below the $69,000 support zone. There was a push below $68,000. The 
price dipped below the 50% Fib retracement level of the upward move from the 
$65,072 swing low to the $70,935 high. However, the bulls remained active near 
the $67,400 zone. The price is again moving higher and gaining pace above 
$68,500. Bitcoin is now trading above $68,800 and the 100 hourly simple moving 
average. If the price remains stable above $68,200, it could attempt a fresh 
increase. Immediate resistance is near the $69,500 level. There is also a 
declining channel forming with resistance at $69,550 on the hourly chart of 
the BTC/USD pair. The first key resistance is near the $70,500 level. A close 
above the $70,500 resistance might send the price further higher. In the 
stated case, the price could rise and test the $71,200 resistance. Any more 
gains might send the price toward the $72,000 level. The next barrier for the 
bulls could be $72,200 and $72,500. Another Decline In BTC? If Bitcoin fails 
to rise above the $69,500 resistance zone, it could start another decline. 
Immediate support is near the $68,000 level. The first major support is near 
the $67,400 level or the 61.8% Fib retracement level of the upward move from 
the $65,072 swing low to the $70,935 high. The next support is now near the 
$67,000 zone. Any more losses might send the price toward the $66,000 support 
in the near term. The main support now sits at $65,000, below which BTC might 
struggle to recover in the near term. Technical indicators: Hourly MACD – The 
MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength 
Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – 
$68,000, followed by $67,400. Major Resistance Levels – $69,500 and $70,000.

Bitcoin Price Holds The Line, But Can Bulls Force A Break Higher?

Solana is tightly compressed inside a defined range after sweeping liquidity 
on both sides. With volatility fading and pressure building, the current 
structure suggests a major breakout move could be approaching. $77–$90 Range 
Remains Firmly Intact Solana remains locked inside a well-defined $77–$90 
range, with the broader outlook suggesting that any major resolution is more 
likely to unfold to the downside toward $57. According to Umair Crypto, the 
price has been consolidating within this band for the past 11 days, with 
liquidity already swept on both ends. That behavior signals a balanced market 
environment rather than a trending one. Related Reading: Solana Funding Rates 
Hit 17-Day Negative Streak — What This Means For Price Currently, Solana is 
trading below the range’s point of control (POC), which introduces slight 
short-term bearish pressure. However, from a structural standpoint, the market 
remains in choppy consolidation. A short-term move toward $81–$82 remains 
possible for another rotation higher, and even a marginal push toward $93 
could occur if the highs are taken again. Still, unless $90 is decisively 
reclaimed and flipped into support with strong volume, such moves would likely 
qualify as deviations rather than sustainable breakouts. For now, the primary 
expectation is continued consolidation before a larger expansion phase begins. 
If the range ultimately resolves to the downside, $57 stands out as the 
broader target. Until a clear structural shift occurs, this remains a range- 
trading environment, not trend-trading. Solana Wyckoff Reaccumulation 
Unfolding After Brutal Downtrend Trader Tardigrade recently shared a detailed 
outlook suggesting that Solana is undergoing a classic Wyckoff Reaccumulation 
pattern after its prolonged and exhausting grind lower. Following months of 
distribution-like price action and volatility, the current structure appears 
to be transitioning into a base-building phase that could eventually support a 
larger cycle advance if key levels continue to hold. Related Reading: Solana 
(SOL) Trades Heavy Below $90 As Breakdown Risk Grows According to the 
breakdown, Phase A began with a Selling Climax (SC) near $110 in August 2024, 
followed by an Automatic Rally (AR) toward approximately $264. Phase B then 
unfolded through multiple Secondary Tests (STs), alongside a notable Upthrust 
After (UA) fakeout near $295. Phase C appears to have completed with a Spring 
formation around the $68 level in early 2026 — a sharp wick rejection that 
likely swept liquidity before reversing. The market is now potentially 
entering Phase D, which would require Solana to firmly hold above $95 for a 
confirmed Sign of Strength (SOS) rally. If this structure continues to play 
out as outlined, projected upside targets include a Last Point of Support 
(LPS) near $150, a Backup (BU/LPS) zone around $250, and eventually a broader 
markup phase that could extend toward $350–$500 or higher. However, the 
bullish thesis remains conditional; SOL must continue to defend the Spring low 
and demonstrate constructive volume behavior to validate the larger cycle 
advance. Featured image from Freepik, chart from Tradingview.com

Solana Range Compression Is Signaling A Major Move Ahead

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Marketplace in 2022 before the website went offline, leading to a lawsuit as 
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Institutional adoption of the XRP Ledger is accelerating as a major global 
asset manager moves traditional funds onchain, signaling growing momentum for 
tokenized finance and setting the stage for scaled blockchain integration by 
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Cryptocurrency price in KRW