Solana Technical Analysis Points to $425 Target

Solana is displaying multiple bullish technical patterns on its monthly chart, suggesting potential significant upside movement. The cryptocurrency’s current price action around $225 is being closely watched by traders as key resistance levels approach. Recent ETF developments and platform expansions add fundamental support to the technical outlook, creating a compelling case for SOL’s continued momentum.

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Ethereum Breaks $4K, Analysts Target $10K in Bull Run

Ethereum has surged past the critical $4,000 resistance level, reaching $4,300 and igniting bullish forecasts from top analysts. Multiple technical indicators and institutional data suggest the rally could have significant momentum behind it. Market experts are now projecting potential targets as high as $10,000 based on long-term chart patterns.

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Ethereum Dip Seen as Healthy Pause Before $5,100 Run

Ethereum’s recent pullback from $4,776 to around $4,293 is being interpreted by Fundstrat’s Tom Lee and Mark Newton as a ‘healthy correction’ rather than a bearish reversal. Technical analysis indicates potential support between $4,075-$4,150, presenting a favorable risk/reward opportunity before an expected push to approximately $5,100. While short-term trader sentiment has weakened significantly—with Polymarket bets on $5,000 by month-end dropping from 64% to 26%—underlying fundamentals remain strong. Exchange reserves have hit a three-year low of 18.5 million ETH, suggesting accumulation by whales and institutions. Bitmine Immersion Technologies’ recent accumulation of 1.15 million ETH ($5 billion) further demonstrates growing institutional demand, with some analysts speculating about much higher long-term targets despite current consolidation.

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