SIG 1

For the last 2 day, I've seen a lot of Solana OG's shill
$SOL
and i decided to go see what the chart says.

$SOL price chart tells the same story, maybe even clearer

$73 rn, hugging the ema20 at $72 which is basically the only thing keeping this from looking completely lost

That $100-$125 zone is the key level on this chart, been relevant since 2021, acted as the pre-collapse top, then flipped to resistance through all of 2022, then became the exact launchpad for the 2024 run to $293
and now its been lost

Price broke below $100 and hasn't looked back, that's not a small thing structurally

RSI at ~50 with the signal line still lagging at 40, same setup as before, not washed yet, which means the pain could extend before buyers step in with real conviction

$75-$80 was supposed to be a reaction zone but its barely holding

Bull case: fast reclaim of $100 and that zone becomes support again, entire structure resets

Bear case: we consolidate under $100 for an extended period and $50-$55 gets put on the table

Not a lot of clean demand visible until you get down to the $50 levels honestly.

Frankly speaking, the chart is in a bad spot, no sugarcoating it

$BTC
sitting under 66k right now and more than 1.8 billion in longs got wiped out in the last day. But honestly the bit everyone's skipping over is who's actually doing the selling here.

BlackRock has offloaded over 2 billion in Bitcoin in two weeks. The spot ETFs are bleeding harder than they have since they launched, billions gone this month alone.

And Saylor, the guy who built his whole identity on "we never sell," just sold for the first time since 2022. Tiny amount, yeah, but come on. It's the message that counts.

We spent two years being told institutions were going to put a floor under this thing. That the ETFs meant Bitcoin was finally too big to crash.

That Saylor would inhale every dip until price had nowhere to go but up. And now look. The people who were supposed to be the smart money are the ones quietly walking out the door while retail Twitter is still screaming buy the dip.

Macro isn't riding in to rescue anyone either. Remember that Iran ceasefire everyone was popping champagne over in April? Gone. Iran walked from the talks with the US this week, the US disabled one of their oil tankers, and overnight Iranian missiles hit Kuwait's airport. Brent's back above 98.

This is a war escalating in front of us in real time, not winding down. Meanwhile the Fed still won't cut with inflation running hot, and Mt.

Gox is shuffling hundreds of millions in Bitcoin to fresh wallets ahead of that October repayment date. Everywhere I look there's more selling coming, not less.

I'm not going to sit here and pretend I know the exact bottom. But I know what a bottom doesn't look like, and it doesn't look like this.

I've been telling you for months we go lower before we go higher, and this week is that thesis playing out right in front of us.

The real opportunity is still ahead of us. #Macro Insights# #BTC #BTC Price Analysis#