Solana failed to stay above $142 and corrected gains. SOL price is now trading 
below $140 and might find bids near the $135 zone. SOL price started a 
downside correction below $142 against the US Dollar. The price is now trading 
above $135 and the 100-hourly simple moving average. There is a bullish trend 
line forming with support at $135 on the hourly chart of the SOL/USD pair 
(data source from Kraken). The pair could extend losses if it dips below the 
$135 zone. Solana Price Starts Downside Correction Solana price failed to 
surpass $145 and started a downside correction, like Bitcoin and Ethereum. SOL 
dipped below $142 and $140 to enter a short-term bearish zone. There was a 
move below the 50% Fib retracement level of the upward wave from the $131 
swing low to the $145 high. However, the bulls are active near $136. There is 
also a bullish trend line forming with support at $135 on the hourly chart of 
the SOL/USD pair. Solana is now trading above $135 and the 100-hourly simple 
moving average. On the upside, the price is facing resistance near the $140 
level. The next major resistance is near the $145 level. The main resistance 
could be $148. A successful close above the $148 resistance zone could set the 
pace for another steady increase. The next key resistance is $155. Any more 
gains might send the price toward the $165 level. More Losses In SOL? If SOL 
fails to rise above the $142 resistance, it could start another decline. 
Initial support on the downside is near the $136 zone and the 61.8% Fib 
retracement level of the upward wave from the $131 swing low to the $145 high. 
The first major support is near the $135 level and the trend line. A break 
below the $135 level might send the price toward the $132 support zone. If 
there is a close below the $132 support, the price could decline toward the 
$125 support in the near term. Technical Indicators Hourly MACD – The MACD for 
SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative 
Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support 
Levels – $135 and $132. Major Resistance Levels – $142 and $145.

Solana (SOL) Turns Lower From Key Zone—Is Support About to Be Tested?

The Trump Billionaires Club demo video on its website appears to feature a 
digital version of New York and show a player token using dice rolls to move 
around a gameboard.

Make crypto games great again? ‘Trump Billionaires Club’ launches this month

Bitcoin is holding above $90,000 as the market heads into a highly anticipated 
FOMC meeting, a moment that could define the next direction for risk assets. 
But while price action keeps traders on edge, on-chain indicators are painting 
a surprisingly different picture beneath the surface. According to a new 
CryptoQuant report by XWIN Research Japan, Bitcoin’s exchange reserves have 
continued to fall sharply throughout 2025, even as price corrected toward the 
$90K range. Related Reading: Smart Whales Align: Top Performers Go All-In On 
Ethereum Long Positions With Over $425M in Exposure The data shows that the 
total amount of BTC held on centralized exchanges has dropped to 2.76 million 
BTC, reaching one of the lowest levels ever recorded. What makes this trend 
even more striking is its timing: during the steep November–December sell-off, 
exchange balances did not rise—they fell faster. The report highlights this 
behavior in the red-marked zone of the chart, showing accelerating outflows 
while the price was dropping. This pattern signals something unusual: 
investors are not sending coins to exchanges to sell into weakness. Instead, 
they continue withdrawing BTC into long-term custody, suggesting confidence 
rather than capitulation. As volatility builds ahead of the FOMC decision, the 
contrast between short-term price fear and long-term accumulation is becoming 
one of the most important dynamics in the current Bitcoin market. Shrinking 
Exchange Reserves Signal Structural Strength The report emphasizes that 
Bitcoin’s rapidly shrinking exchange reserves carry important structural 
implications for the market. When fewer coins sit on centralized exchanges, it 
means less Bitcoin is available for immediate sale, effectively tightening the 
liquid supply. According to the data, this decline is not being driven by 
short-term speculators but by long-term holders and institutional entities 
steadily moving BTC into self-custody or cold storage. What makes this trend 
remarkable is its timing. Historically, sharp price declines trigger a wave of 
inflows to exchanges as investors prepare to sell or panic-exit their 
positions. This cycle, however, tells a very different story. Even as Bitcoin 
corrected into the $90K region, exchange balances kept falling, suggesting 
that buyers with a long-term outlook are actively accumulating rather than 
retreating. This divergence between price action and on-chain behavior signals 
underlying strength. While short-term volatility may continue—especially 
around macro catalysts like the FOMC meeting—the broader structure points 
toward a market quietly tightening its available supply. As reserves move 
toward historic lows, a future “supply shock” becomes increasingly plausible. 
Despite the weak spot market performance, on-chain metrics are slowly turning 
bullish, hinting that the foundation for the next major trend may already be 
forming beneath the surface. Related Reading: Ethereum Loses Momentum While OI 
Holds Steady: Binance Data Shows A Market Reset BTC Tests Critical Support as 
Market Awaits Direction Bitcoin’s price action on the 3-day chart shows a 
market attempting to stabilize after a sharp corrective phase. BTC is 
currently trading around $90,437, hovering just above the 200-day moving 
average — a level that has historically acted as a major dynamic support 
during mid-cycle retracements. The recent bounce from the $87K–$88K region 
suggests that buyers are defending this zone, but the structure remains 
fragile as long as the price stays below the 50-day and 100-day moving 
averages, both of which are now sloping downward. The chart reveals a clear 
shift in momentum. After months of steady higher lows, Bitcoin broke its 
ascending structure in late November, leading to a fast drop toward the 
high-$80K range. Volume increased during the decline, indicating stronger 
participation on the sell side. However, the subsequent candles show shrinking 
sell volume, hinting at exhaustion among short-term sellers. Related Reading: 
Ethereum Shows Signs Of Accumulation As CVD Strengthens And Correlation Stays 
Elevated For a meaningful recovery, BTC must reclaim the $95K–$97K area, where 
previous support turned into resistance. Failure to break that zone would 
likely keep the market in a consolidation phase, with risks of another retest 
of the 200-day MA. Featured image from ChatGPT, chart from TradingView.com

Bitcoin Exchange Reserves Fall To Lowest Levels on Record: The Bullish Signal Most Traders Are Missing

Coinbase’s expanded partnership with PNC Bank opens direct bitcoin access 
inside PNC’s private-banking platform, signaling a pivotal step toward 
mainstream digital-asset integration as wealth clients seek regulated, 
seamless exposure. ‘Today Marks a Major Milestone for Institutional Crypto 
Adoption’ Crypto exchange Coinbase (Nasdaq: COIN) announced on Dec. 9 that it 
expanded its partnership with PNC Bank […]

Coinbase Drives a New Institutional Milestone With PNC Bitcoin Access

The OM token migration highlights the critical need for timely user action to 
secure benefits from network upgrades and token splits.
The post MANTRA initiates OM token migration in anticipation of network 
upgrade appeared first on Crypto Briefing.

Cryptocurrency price in KRW