$SOL 😂 Family, I've been trapped by SOL on the mountaintop.
99 contracts of long positions, and now it's directly down to 96, perfectly illustrating what it means to 'buy at the highest point and get trapped halfway up the mountain.'
Every day watching the market feels like torture; every little drop in the coin price makes my heart sink a bit. Now I just want to say to SOL: 'Feel free to drop, just count my average down as my loss!' Who will save me from being such a big fool?😇😇😇
Bias: Short-term bullish pullback within overall downtrend
Entry Buy: 59.50 – 60.00 Confirmation: 4H candle close above 60.20 with volume
Stop Loss: 57.80 below recent support & wick zone
Targets:
TP1: 62.80
TP2: 65.00
TP3: 67.00 near MA99 / trendline resistance
Risk–Reward: ~1:2.5 Invalidation: 4H close below 57.80 → setup fails
Notes: Price consolidating above 58.5 after sharp drop to 55. MA(7) trying to curl up; expect relief bounce, but trend is still bearish—book partial profits early and trail SL after TP1.
$BTC Avoid chasing FOMO longs at current levels unless there's a clear bullish structure in place such as higher highs and higher lows confirmed by strong volume because the overall trend remains downward until Bitcoin convincingly reclaims and holds above $80,000.
Having said that, if you're a long-term bullish on $BTC , historical patterns suggest that deeper dips toward the $70,000-$75,000 zone could offer excellent accumulation opportunities.
$XRP Ripple Co-Founder Leads $40M Push Against California Wealth Tax
This isn't a typical crypto story - but it matters. Ripple co-founder Chris Larsen, alongside venture capitalist Tim Draper, just launched a $40M political effort in California after a proposed wealth tax spooked Silicon Valley. All this is happening while B $BTC keeps the broader market uneasy.
The trigger? A ballot proposal calling for a one-time 5% tax on net worth over $1B, including unrealized gains. Larsen says it "woke a sleeping giant" and plans to personally commit up to $30M. The group will target a small number of state legislative seats, focusing on budgets and public safety - not the governor's race.
The takeaway is simple: as wealth taxes move from theory to reality, crypto-linked capital is starting to organize. Quietly, long-term, and with real money on the table.