Solana Price Hits “Final Dip” as Weekly RSI Flashes Oversold

  vor 9 Monaten

Solana’s weekly chart is sending mixed but high signal messages, as two analysts point to a possible cycle turning point. One calls the latest selloff the last shakeout, while another highlights the most oversold weekly momentum read in SOL’s history. Trader flags “final dip” on SOL weekly chart Crypto trader Trader Tardigrade, who posts as @TATrader_Alan on X, said Solana “made its final dip” and is setting up for a new bullish cycle after a long consolidation on the weekly chart. The chart shows SOLUSD holding a long-term horizontal level that acted as both support and resistance across several market phases. Price dipped below that level during the recent drawdown, then quickly reclaimed it. That reclaim follows a pattern seen earlier in the cycle, where similar rounded pullbacks formed near the same zone before upside continuation. Solana Weekly SOLUSD Chart. Source: TradingView / X / @TATrader_Alan At the same time, the structure on the right side of the chart shows a sharp weekly expansion after the reclaim, which signals a shift from range behavior to trend behavior. If price continues to hold above the reclaimed level on weekly closes, the setup points to trend continuation rather than another range failure. However, a weekly close back below that line would weaken the bullish case and reopen the prior consolidation range. Trader points to rare weekly oversold signal on SOL Crypto trader DrBullZeus, who posts as @DrBullZeus on X, said Solana reached an unusually oversold condition on the weekly chart, based on the RSI(14) reading. Solana Weekly SOLUSDT Chart. Source: TradingView / X / @DrBullZeus The SOL/USDT weekly chart from Binance shows RSI near the low-30s, a level that has appeared during prior cycle lows. In earlier instances, similar RSI compressions formed after extended downtrends and aligned with areas where selling pressure faded. At the same time, price printed a sharp weekly breakdown toward the high-$80s, which pushed momentum into oversold territory. If RSI stabilizes and turns higher while price holds above the recent swing low, the structure points to a potential momentum reset rather than trend continuation. However, if weekly RSI stays pinned near oversold while price fails to reclaim the prior range, downside pressure would likely persist before any broader reversal forms.

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While you panic, I wait: BTC may be approaching a $100,000 turning point

  vor 9 Monaten

When the market is gripped by panic and prices continue to fall, most people’s first reaction is simply: escape. Weak candlestick patterns, compounded negative news, and amplified sentiment force investors to make the decision to “get out now or it’ll be too late.” But what’s truly worth considering is—why does almost every major Bitcoin rally quietly begin in this atmosphere of extreme pessimism? Looking back at history, Bitcoin has never taken off when sentiment is at its most optimistic, but rather after patience has been exhausted and confidence has been repeatedly shattered, resulting in a shift in holdings. Halving cycles don’t create immediate miracles; they’re more like a slow and brutal selection process: high-cost investors are forced to leave, short-term funds are repeatedly stopped out, while those with low-frequency, long-term investment strategies and a deep understanding of cycles choose to wait. The current market situation perfectly matches all the characteristics of this stage. Meanwhile, the apparent decline doesn’t necessarily mean funds have truly left. The existence of ETF channels has brought Bitcoin into the “regular allocation scope” of institutions for the first time. These funds don’t chase emotional highs, but rather continuously accumulate during periods of volatility and pullbacks. The fact that prices haven’t surged in the short term only indicates that demand is being absorbed, not that it has disappeared. What truly changes trends is often a shift in the supply-demand structure, not a single bullish candlestick. Looking at the broader macro environment, as traditional markets face pressure, liquidity expectations fluctuate, and asset pricing systems begin to falter, Bitcoin’s role is also transforming. It’s no longer just a highly volatile speculative asset, but is gradually being seen by some funds as a long-term hedging and value store option. When this perception shifts, the price “ceiling” will naturally be redefined. So what you see is a decline, risk, and uncertainty, but what I see is the widening gap between sentiment and value. Panic often focuses only on the present, while turning points always belong to those willing to wait for the story to turn a page.This is why more and more people are looking for strategies different from short-term trading during the observation period.Unlike high-frequency trading and sentiment-driven speculation, HolyMining offers a more passive approach: no need to monitor the market or participate in price fluctuations, shifting focus from market prediction to stable output itself. Starting your mining journey isn’t complicated. Users simply need to visit the HOLY Mining official website and register for free using their email address. New users receive a $15 reward upon registration, and the platform also offers a basic daily login reward of approximately $0.60, allowing users to familiarize themselves with the platform’s mechanisms, settlement schedule, and account operation without risk pressure. After registration, users can choose different levels of mining contracts based on their capital size, time horizon, and expected returns. In terms of contract mechanisms, HolyMining adopts a model with clear cycles and frequent settlements. After contract activation, the system will automatically settle daily earnings into the user’s account within 24 hours; at the end of the contract period, the principal will also be automatically returned to the account. The entire process requires no manual intervention. Users can withdraw earnings at any time or choose to reinvest in the next contract to amplify the time value through compound interest. This design is inherently more suitable for investors seeking predictability and execution efficiency in volatile markets. To meet the needs of different capital sizes and investment periods, Holy Mining offers a variety of cloud mining contract options with different entry thresholds and profit structures. For example, a $100 contract with a 2-day period is expected to yield approximately $3 per day, with a total period profit of approximately $6, primarily targeting novice users who want a low-barrier experience. For users who prioritize stability, a $500 contract with a 7-day period is expected to yield approximately $5–6 per day, with a total period profit of approximately $36, suitable for obtaining continuous returns while controlling risk. With increased capital, a $1,500 contract with a 13-day period is expected to yield approximately $36 per day, with a cumulative return exceeding $700 over the period. This is more suitable for users with medium-term plans who want to improve capital efficiency. In terms of asset allocation, a $5,000 contract with a 30-day period is expected to yield approximately $130 per day, with a total return of approximately $4,000 over the period. This is suitable for investors who want relatively concentrated returns over a complete period. For multi-asset users, a $10,000 contract with a 45-day period is expected to yield approximately $172 per day, with a total return exceeding $6,000 over the period, emphasizing the coordination between capital size and time horizon. It should be noted that the above return data are based on historical settlement examples. Actual returns may vary due to changes in network difficulty and market fluctuations. However, compared to vague high-yield promises, this approach, with its clear period, frequent return settlements, and defined principal path, inherently reduces the psychological cost of uncertainty. When the market is noisy, some choose to trade frequently, some choose to leave the market altogether, while others choose to keep their funds operating within a controlled framework, waiting for the true trend for Bitcoin to arrive. For the latter, this may be a realistic way to navigate the cycle. Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post While you panic, I wait: BTC may be approaching a $100,000 turning point appeared first on Times Tabloid .

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Cango Sells 4,451 BTC as Miner Selling Adds Pressure to Bitcoin in 2026

  vor 9 Monaten

Cango Inc. sold 4,451 bitcoin over the weekend as miners across the sector face mounting pressure from low prices, thin margins, and falling mining revenue. Cango Dumps 4,451 BTC to Cut Debt On Monday, Cango Inc. confirmed it had completed the sale of 4,451 BTC on the open market, settling the transaction in USDT for

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US Dollar Dominance Endures: IMF’s Georgieva Reveals Crucial Stability in Global Reserve System

  vor 9 Monaten

BitcoinWorld US Dollar Dominance Endures: IMF’s Georgieva Reveals Crucial Stability in Global Reserve System WASHINGTON, D.C., March 2025 – International Monetary Fund Managing Director Kristalina Georgieva delivered a definitive assessment this week about the future of global currency markets. She stated the US dollar’s role as the world’s primary reserve currency will not change significantly in the foreseeable future. This declaration comes amid ongoing discussions about currency diversification and the potential rise of digital alternatives. Georgieva’s remarks provide crucial context for understanding global economic stability as nations navigate complex financial landscapes. US Dollar Dominance Remains Unchallenged According to IMF Analysis Kristalina Georgieva’s recent statements reinforce decades of economic data. The US dollar currently represents approximately 58% of global foreign exchange reserves. This percentage has remained remarkably stable despite geopolitical shifts and technological advancements. The IMF’s analysis considers multiple structural factors supporting dollar hegemony. These include the depth of US financial markets and the dollar’s role in international trade. Furthermore, the currency’s stability during economic crises continues to bolster its position. Historical context reveals similar predictions about dollar decline have surfaced repeatedly since the 1970s. However, the currency has demonstrated remarkable resilience through multiple economic cycles. The 2008 financial crisis actually strengthened the dollar’s safe-haven status temporarily. Recent IMF research indicates no credible alternative currently possesses the necessary characteristics to challenge dollar supremacy. These characteristics include liquidity, convertibility, and institutional support. Structural Foundations of Global Currency Systems The international monetary system relies on several interconnected pillars that favor incumbent reserve currencies. First, network effects create powerful inertia favoring existing dominant currencies. Businesses and governments worldwide use dollars for approximately 88% of foreign exchange transactions. Second, legal and institutional frameworks embed the dollar deeply within global finance. International contracts, commodity pricing, and debt instruments predominantly reference US dollars. Third, the United States maintains the world’s largest and most liquid bond markets. These markets provide essential infrastructure for global reserve management. Fourth, trust in US institutions and the rule of law supports continued dollar preference. Finally, no alternative currency offers comparable combination of scale, stability, and accessibility. The euro faces structural limitations within the European Union’s governance framework. Meanwhile, China’s yuan encounters capital control restrictions limiting international adoption. Expert Perspectives on Reserve Currency Transitions Economic historians note that reserve currency transitions typically require decades rather than years. The British pound sterling maintained significant global status long after the United States surpassed the United Kingdom economically. Professor Barry Eichengreen’s research indicates such transitions generally accompany major geopolitical realignments. Current multipolar world dynamics differ fundamentally from post-World War II conditions that established dollar supremacy. Financial analysts emphasize practical considerations for central banks and sovereign wealth funds. These institutions manage approximately $12 trillion in foreign exchange reserves globally. They prioritize capital preservation and liquidity above theoretical currency diversification. The dollar’s deep markets allow large transactions without significant price impacts. Alternative currencies cannot currently match this operational efficiency for reserve managers. Digital Currency Developments and Traditional Systems Central bank digital currencies (CBDCs) and private cryptocurrencies represent potential long-term evolution. However, Georgieva’s assessment suggests these technologies will complement rather than replace existing structures initially. The IMF recognizes digital innovation’s potential to enhance cross-border payments. Nevertheless, most proposed systems would still likely utilize dollar-denominated settlement layers. Technological advancement alone cannot overcome fundamental economic requirements for reserve currencies. International efforts like China’s digital yuan and various CBDC projects continue developing. These initiatives may eventually influence currency usage patterns at margins. However, they lack the comprehensive ecosystem supporting the US dollar currently. The dollar’s role in global banking systems creates self-reinforcing advantages. Correspondent banking relationships and dollar clearing systems represent significant infrastructure investments unlikely to be abandoned quickly. Geopolitical Considerations and Economic Realities Recent geopolitical tensions have prompted discussions about reducing dollar dependency. Some nations have increased bilateral currency arrangements in specific trade relationships. However, these arrangements remain limited in scale and scope compared to dollar usage. The practical challenges of coordinating multilateral currency alternatives prove substantial. Additionally, many countries maintain significant dollar-denominated debt, creating natural incentives to sustain dollar stability. Economic data reveals interesting regional variations in dollar usage. Emerging market economies particularly rely on dollar reserves for crisis protection. Their accumulated experience during financial crises reinforces dollar preference. Advanced economies demonstrate more diversified reserve portfolios but still maintain substantial dollar holdings. The IMF’s global surveillance consistently identifies dollar dominance as contributing to both stability and specific vulnerabilities within the international monetary system. Market Implications and Future Monitoring Points Financial markets should interpret Georgieva’s statements as confirming current structural realities. Currency traders can expect continued dollar centrality in pricing models. Bond investors may anticipate sustained demand for US Treasury securities from foreign official institutions. Corporate treasurers should maintain robust dollar liquidity management strategies. However, observers should monitor several evolving factors that could influence long-term trajectories. Key monitoring indicators include: Changes in global foreign exchange reserve composition percentages Development of alternative payment systems and their adoption rates US fiscal policy and debt management approaches International coordination on monetary system reform proposals Technological breakthroughs in cross-border settlement efficiency The following table illustrates recent reserve currency allocations according to IMF data: Currency Share of Global Reserves (2024) Change Since 2020 US Dollar 58.4% -1.2% Euro 20.0% +0.5% Japanese Yen 5.3% -0.2% British Pound 4.8% +0.1% Chinese Yuan 2.8% +0.9% Conclusion IMF Managing Director Kristalina Georgieva’s assessment provides crucial clarity about global currency dynamics. The US dollar’s dominance faces no imminent challenge despite ongoing discussions about diversification. Structural economic factors and institutional realities support continued dollar hegemony. This stability offers both benefits and challenges for the international monetary system. Market participants should recognize that reserve currency transitions historically require decades rather than years. The dollar’s central role will likely persist as the global economy navigates digital transformation and geopolitical evolution. FAQs Q1: What percentage of global reserves does the US dollar currently represent? The US dollar constitutes approximately 58.4% of allocated global foreign exchange reserves according to latest IMF data. This represents a modest decline from previous decades but remains dominant. Q2: Why does the IMF believe the dollar’s role won’t change soon? The IMF cites structural factors including deep US financial markets, network effects, institutional trust, and the absence of comparable alternatives. These create powerful inertia favoring the existing system. Q3: Could digital currencies challenge dollar dominance? Digital currencies may eventually influence payment systems but lack the comprehensive ecosystem supporting reserve currency status. Most proposals would still utilize dollar settlement layers for the foreseeable future. Q4: What are the main alternatives to the US dollar as reserve currencies? The euro represents the primary alternative at 20% of reserves, followed by the Japanese yen, British pound, and Chinese yuan. Each faces limitations preventing immediate challenge to dollar supremacy. Q5: How do geopolitical tensions affect dollar dominance? Geopolitical concerns have prompted some bilateral currency arrangements but haven’t significantly reduced systemic dollar reliance. Many nations maintain dollar-denominated debt, creating incentives to sustain dollar stability. This post US Dollar Dominance Endures: IMF’s Georgieva Reveals Crucial Stability in Global Reserve System first appeared on BitcoinWorld .

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BMNR Stock Price Drops 5% Premarket as Tom Lee's BitMine Buys 40,613 ETH ($82M): $8B Loss Deepens on ETH Slump

  vor 9 Monaten

BitMine Immersion Technologies (AMEX: BMNR) , chaired by bullish Fundstrat co-founder Tom Lee, announced purchasing 40,613 ETH worth $82 million at approximately $2,020 per ETH through FalconX, expanding its massive Ethereum treasury to 4.3 million ETH even as ETH price languishes below $2,000. Paradoxically, BMNR shares tanked 5% premarket to $19.40 (from yesterday's $20.45 close on 74M volume), intensifying a staggering $8 billion unrealized loss after Ethereum's 36% monthly plunge, coupled with executive shakeups including the president's sudden retirement. Latest Dip-Buy Execution and Cost Basis Woes This acquisition continues BitMine's aggressive treasury strategy, mirroring Saylor's playbook with cash from its $200M Beast Industries stake sale plus ongoing equity offerings. The firm's average acquisition cost now stands at $3,825 per ETH across its 4.29 million ETH position (total cost basis $16.4 billion), leaving it approximately 47% underwater with ETH trading near $2K lows, equating to roughly $7.8 billion in paper losses according to Dropstab analytics. The pattern echoes November's landmark 28K ETH ($82M) purchase and January's 42K ETH ($96M) scoop, methodically building what Lee calls ”the ultimate ETH exposure vehicle” despite brutal mark-to-market pain. Premarket session saw frantic 4.7 million share turnover, driven by investor backlash against relentless share dilution to fund the crypto war chest. ETH Treasury Empire Meets $8B Reality Check BitMine's 4.3 million ETH hoard, representing roughly 3.5% of Ethereum's circulating supply, positions it as the #2 corporate crypto holder behind only Strategy's Bitcoin stack, outpacing SharpLink Gaming and other treasury plays. The portfolio also includes 192 BTC (~$13M), $456 million cash reserves, and strategic Eightco Group equity, creating diversified yet ETH-dominant exposure. Tom Lee's thesis hinges on Ethereum's ”supercycle” via upcoming Fusaka protocol upgrades, exploding Layer 1 transaction fees, MAVAN staking protocol yields, and Wall Street tokenization megatrends showcased at recent Token2049 summits. However, the $8B red ink has triggered internal turmoil, with the president's abrupt exit raising red flags about governance stability amid prolonged underwater positioning. BMNR Technical Breakdown: $19.40 Tests Critical Support After yesterday's volatile +17.6% riposte to $20.45 (session high $20.70, low $18.70 on explosive 73M volume vs. 46M average), premarket action sliced toward $18.64 lows, now desperately defending $17.40 February 5 territory. RSI indicators flash deeply oversold after BMNR's insane 52-week journey ($3.92 bottom to $161 peak), with the 50-day moving average at $30.28 mocking current levels from above. A decisive Ethereum rebound toward $2,500-$3,000 could propel BMNR back toward $25 resistance, but failure at $17 risks cascading toward $14 panic territory. The stock's 3-4x beta to ETH price action amplifies both upside convexity and downside convexity in equal measure. Tom Lee's High-Conviction ETH Bet vs. Shareholder Revolt Despite the carnage, Lee remains steadfast on CNBC appearances, vowing ”no plans to sell a single ETH” while highlighting AI-driven tokenization demand, institutional staking economics, and Ethereum's role as ”future of programmable money.” The strategy bets heavily on Trump's deregulatory second term accelerating crypto adoption, positioning BitMine as the purest ETH proxy for believers. Yet headwinds mount: prolonged ETH sub-$2K territory invites quarterly impairment charges and short-seller attacks; leadership instability erodes credibility; endless dilution via ATM offerings mirrors MSTR's controversial model. BitMine's fate now pivots on Ethereum sentiment inflection: monitor Fusaka upgrade milestones, Q4 treasury reporting, and Lee's next media blitz for reversal signals while the $8 billion shadow looms large.

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XRP Leads Altcoin Inflows While Bitcoin Investment Products Struggle

  vor 9 Monaten

Investors withdrew $187 million from digital asset products last week, but the pace of outflows has slowed significantly. Historically, these changes reveal crucial inflection points in investor sentiment. CoinShares stated that the deceleration suggests that panic selling may be subsiding, which may imply that the market could be stabilizing and that a potential low point in crypto prices might be forming. Altcoins Outshine Bitcoin In its latest edition of Digital Asset Fund Flows Weekly Report, CoinShares revealed that the latest price correction pushed total assets under management (AuM) down to $129.8 billion, the lowest level since the announcement of US tariffs in March 2025, which also coincided with a local low in asset prices. Trading activity surged last week, which drove exchange-traded product (ETP) volumes to a record-breaking $63.1 billion. This figure exceeded the previous peak of $56.4 billion recorded in October of the prior year. The strong activity indicates increased investor interest and momentum. Investor sentiment was negative for Bitcoin, which experienced $264 million in outflows, alongside $11.6 million moving out of short positions. On the other hand, altcoins attracted fresh capital, as XRP led with $63.1 million, Solana $8.2 million, and Ethereum $5.3 million. XRP continues to dominate year-to-date inflows, recording $109 million. Chainlink and Litecoin saw more modest gains of $1.5 million and $1 million. Additionally, multi-asset products raked in $9.3 million over the past week. Outflows were concentrated in the US at $214 million, with Sweden at $135 million, and Australia at just $1.2 million. Despite this, other regions experienced meaningful inflows. For instance, Germany received $87.1 million, Switzerland $30.1 million, Canada $21.4 million, Brazil $16.7 million, and Hong Kong $6.8 million. The data highlights a mixed global picture. Favorable ETFs and Macro Trends Price weakness continues as Bitcoin slipped to $69,000 on Sunday and has hovered near that level into Monday. Despite this, Bitget CMO Ignacio Aguirre Franco said that the crypto asset has a path to the $150,000-$180,000 range this year if ETF flows stabilize and macro conditions improve. Ongoing Layer 2 development and growing DeFi activity strengthen Ethereum’s outlook, the exec said while predicting a potential target of $5,000-$6,000 with increased traditional finance participation. Franco added, “Regulatory developments like the recent Clarity Bill and advancing market-structure legislation will also positively impact crypto markets by providing clearer compliance frameworks that reduce uncertainty and make these assets more attractive to institutions and traditional funds. As institutional capital finds easier entry points and global regulatory alignment improves, overall market stability and innovation are reinforced.” The post XRP Leads Altcoin Inflows While Bitcoin Investment Products Struggle appeared first on CryptoPotato .

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