Thus, another calendar cycle commences, and—what a surprise—cryptocurrency, that technological enigma for the bored and the desperate, is in a manner of speaking, “growing.” Or so says CoinMarketCap, the petrified oracle of our age. It is a sort of growth, yes, but remember, cancer grows too.
SOL/USD
Behold Solana (SOL), the prodigal coin, soaring upwards by 3.26%, as if buoyed by hope or perhaps just caffeine-fueled speculation. One may cheer for the gainers, but truly, is not every ascent a fresh prelude to decline? Let us see.
Staring at the hourly chart, that favorite pastime of modern Sisyphuses, the price of SOL sidles up to the resistance at $152.90. Bulls, those dreamers, bray and paw the ground. If their enthusiasm persists—and who are we to doubt the tides of mania?—perhaps the price will burst forth, galloping toward the legendary $155. Tomorrow, though, brings only more existential uncertainty 🍵.
Brooding upon the longer time frame, one observes a morose deadlock. Neither buyers nor sellers have claimed the field; both seem to have wandered off in search of lost dignity. The price floats betwixt support and resistance like a Dostoevsky character at the edge of a moral abyss, contemplating meaning… or breakfast.
Thus, let us not delude ourselves: sideways motion is likely. The next few days promise all the excitement of an existential crisis in an empty room, the market wavering with all the conviction of an indecisive nihilist.
Taking the broadest view, hope stirs only if SOL breaches the obstinate resistance at $163.64. Until then, the threat of correction lingers—like a debt collector at the door, relentless and unsympathetic. For now, SOL sits at $152.51, sulking, awaiting its fate.
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2025-07-07 13:58