Bitcoin and Solana are under pressure because the market is careful

Bitcoin and Solana are under pressure because the market is careful


The well -known cryptoanalyst Il Capo of Crypto has given a warning outlook for the market for digital assets and warned of deeper corrections, since the macroeconomic pressure comes back to the fore.

According to renewed concerns regarding the US tariffs, Bitcoin's price fell from the latest highs near $ 109,000 to around $ 104,000. In response to this, Il Capo announced on May 28 that he increased his short positions, which indicates the expectation of a stronger decline.

Although Bitcoin is still being traded near his all -time high, the analyst believes that the leading cryptocurrency should continue to fall in the coming days.

With a view to old coins, Il Capo commented particularly pessimistic about Solana (Sol). He found that the asset in the zone between $ 170 and $ 200 met with rejection-an area that he had previously identified as resistance.

According to his analysis, the current support of Solana has been tested too often and could no longer hold. In a possible capitulation scenario, he sees SOL in the area of ​​$ 60 to $ 80.

Since both Bitcoin and Solana near important levels show signs of exhaustion, the latest statements by IL Capo underline the growing caution of the dealers who are increasingly in an increasingly shaped market.

Alexander has been working in the crypto industry for three years and has made a name for himself during this time through his active participation in observing the market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional obligation, but a deep personal passion. He follows the news from the industry every day, analyzes trends and is enthusiastic about every new step in the development of blockchain solutions. His enthusiasm drives him to constantly learn and share his knowledge because he sees the future in the digital financial world and its role in global transformation.


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Jayd Johnson