Crypto Market Fall Down After Musk-Trump Fight; ETH Plus SOL Dey Under Pressure As Wahala Rise
Di crypto market, tension don dey high well-well as Elon Musk and Donald Trump get public quarrel. Dis one don make big altcoins like Ethereum (ETH) and Solana (SOL) fall for price. Ethereum just bounce back by 45% but e don meet strong resistance for $2,820, with plenty bad signs like negative Awesome Oscillator readings, a bearish MACD crossover, and Supertrend resistance. Plenty ETH don enter exchanges – over 93,000 ETH wey be around $230 million – dis one fit mean say people dey collect their profit or dem go sell off soon. If ETH break below $2,280 support, e fit go below $2,000, which mean more trouble. Solana too see one sharp fall of 8.1% for inside one day, e drop from $154.48 to $141.75 before e manage come back to $147.40. Plenty trade volume follow dis wahala, with buyers supporting the $142 level, but resistance around $150–$152 still strong. Plus, the new Solana-based Layer 2 project, SOLX, don get serious attention, e don raise over $44 million and dey offer plenty staking returns. Over 3.48 billion SOLX tokens don lock, wey fit help stabilize its price. Generally, crypto sentiment still bad for short term because of more uncertainty and social media wahala. Traders sabi say dem suppose monitor the key support and resistance levels for ETH and SOL as market direction still no clear, while specific projects like SOLX dey attract speculative interest even as the general market dey weak.
Bearish
Many bad signs for Ethereum for technical pipo, like say Awesome Oscillator dey negative, MACD cross wey no good, and strong resistance wey dey build up, all dis show say price fit fall more, especially if $2,280 support no hold. Solana price wey fall quick-quick and come recover small-small show say market no stable, but e no mean say e don change direction completely. When plenty ETH enter exchange and market mood dey bad, e mean say pipo wan sell plenty, and dis one worst because of big wahala for social media. Even if new projects like SOLX fit make pipo put money and help some tokens stable, the main feeling for big altcoins for short time still dey negative. So, for short term, ETH and SOL outlook dey bad.