Solana & Altcoins: Bullish Signals Appear?
Jul 02, 2025 pm 07:09 PMIs Solana leading the Altcoin rebound? View the latest bullish analysis and key crypto market trends
The crypto market is active again, and the reasons behind it are worth paying attention to. Let's take a look at the positive signals that Solana and some Altcoin show. Does this mean that a new round of rise is about to begin? Is it an entry opportunity now?
Solana soars: Can the breakthrough rise last?
Solana (SOL) is ushering in a strong rise! Well-known analyst Bluntz released a report on the Bybit platform, pointing out that he is now optimistic about SOL after the bearish trend since late May ends. According to the latest data, Solana's weekly gains reached 16.5%, outperforming most mainstream currencies. The rise is driven by progress made by U.S. regulators in approving spot exchange-traded funds (ETFs). Is SOL becoming the leader in this round of market?
Altcoin collectively recovers
Bluntz is not only optimistic about Solana, but also points out that other tokens in its ecosystem may also see an increase. For example, the short and fat penguin (Pengu) breaks through the downward wedge pattern, forming a bullish reversal signal. He further mentioned that technical indicators based on the Bitcoin Advantage Index (BTC.D) show that Altcoin may be preparing to outperform Bitcoin (BTC). In addition, BlockDag (BDAG), SEI Network (SEI), SUI Network (SUI) and Celestia (TIA) have attracted attention for their technological updates and ecological progress.
Technical interpretation: What signals does the chart release?
Judging from Solana's weekly chart, the price has stabilized above the 50-week moving average (about $150) and the 200-week moving average (about $100), forming a bullish structure that usually attracts long-term investors to intervene. This round of rise was mainly driven by the improvement of the US regulatory environment, especially the accelerated process of spot ETFs, which boosted market sentiment.
Risk warning: Beware of short-term fluctuations
Despite the weekly increase of 16.5%, Solana has not yet formed a clear trend from the weekly level. The ADX indicator is only 13, indicating that the current trend is weak. ADX values ??below 20 usually mean that the market is in a volatile state, and this rise is more likely to be a strong rebound within the range rather than the beginning of a new trend.
Conclusion: Is Altcoin season really coming?
At present, there are indeed some positive signals, but whether to enter the real market dominated by Solana and Altcoin remains to be seen. The market fluctuates violently and changes rapidly. It is recommended to remain cautious and continue to track technical and policy trends. Pay close attention to market trends and industry news, and perhaps we can all share wealth stories that belong to the crypto world in the near future. Before that, I wish you a smooth transaction!
The above is the detailed content of Solana & Altcoins: Bullish Signals Appear?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

1. Download and install the application through the official recommended channel to ensure safety; 2. Access the designated download address to complete the file acquisition; 3. Ignore the device safety reminder and complete the installation as prompts; 4. You can refer to the data of mainstream platforms such as Huobi HTX and Ouyi OK for market comparison; the APP provides real-time market tracking, professional charting tools, price warning and market information aggregation functions; when analyzing trends, long-term trend judgment, technical indicator application, trading volume changes and fundamental information; when choosing software, you should pay attention to data authority, interface friendliness and comprehensive functions to improve analysis efficiency and decision-making accuracy.

The recent surge of Ethereum price by more than 20% is mainly driven by four major factors: 1. The Cancun Upgrade is approaching, especially the "prototype data sharding" technology introduced by EIP-4844 will significantly reduce the transaction costs of Layer 2, improve network scalability, and attract investors to make advance arrangements; 2. The DeFi ecosystem continues to flourish, and the total value of locked positions (TVL) has grown steadily. New protocols such as liquid staking derivatives (LSD) and restaking (Restaking) have risen, increasing the rigid demand for ETH as a Gas fee and pledged assets; 3. The market has strong expectations for the approval of Ethereum spot ETF, believing that it will provide convenient channels for institutional investors, introduce a large amount of funds and enhance market confidence.

1. Ordinary users can purchase Ethereum through mainstream digital asset trading platforms such as Binance, Ouyi OK, HTX Huobi, etc. The process includes registering an account, identity authentication, binding payment methods and trading through market or limit orders. The assets can be stored on the platform or transferred to personal money sacrificial pie; 2. Ethereum has no fixed issuance limit, with about 72 million initial issuance, and it is continuously issued through the PoS mechanism and the destruction mechanism is introduced due to EIP-1559, which may achieve deflation; 3. Before investing, you need to understand the risk of high volatility, enable two-factor verification to ensure account security, and learn asset custody methods such as hardware or software money sacrificial pie; 4. Ethereum is the core platform of decentralized applications, DeFi protocols and NFT ecosystem, supporting the operation of smart contracts and promoting digital asset rights confirmation and flow

Ethereum is a decentralized application platform based on smart contracts, and its native token ETH can be obtained in a variety of ways. 1. Register an account through centralized platforms such as Binance and Ouyiok, complete KYC certification and purchase ETH with stablecoins; 2. Connect to digital storage through decentralized platforms, and directly exchange ETH with stablecoins or other tokens; 3. Participate in network pledge, and you can choose independent pledge (requires 32 ETH), liquid pledge services or one-click pledge on the centralized platform to obtain rewards; 4. Earn ETH by providing services to Web3 projects, completing tasks or obtaining airdrops. It is recommended that beginners start from mainstream centralized platforms, gradually transition to decentralized methods, and always attach importance to asset security and independent research, to

First, select well-known platforms such as Binance Binance or Ouyi OKX, and prepare your email and mobile phone number; 1. Visit the official website of the platform and click to register, enter your email or mobile phone number and set a high-strength password; 2. Submit information after agreeing to the terms of service, and complete account activation through the email or mobile phone verification code; 3. After logging in, complete identity authentication (KYC), enable secondary verification (2FA), and regularly check security settings to ensure account security. After completing the above steps, you can successfully create a BTC digital currency account.

In the digital currency market, real-time mastering of Bitcoin prices and transaction in-depth information is a must-have skill for every investor. Viewing accurate K-line charts and depth charts can help judge the power of buying and selling, capture market changes, and improve the scientific nature of investment decisions.

1. Choose a reputable trading platform; 2. Confirm currency and network type; 3. Check the official recharge address; 4. Ensure the network security environment; 5. Double check the head and tail characters of the address; 6. Confirm the amount and decimal points; 7. Pay attention to the minimum recharge amount; 8. Fill in necessary labels or notes; 9. Beware of clipboard hijacking; 10. Don’t trust the non-official channel address; 11. Test the small amount before large recharge; 12. Save the transaction ID for inquiry; 13. Wait patiently for network confirmation; 14. Contact customer service in time when the account is not arrived. To ensure the safety of digital currency recharge, the above steps must be strictly followed. From platform selection to information verification to risk prevention, every step needs to be carefully operated. Finally, through retaining vouchers and timely communication, the asset is securely received, and avoid negligence.

For newbies who have just entered the currency circle, choosing a market website that supports real-time trend analysis of multiple currencies and is simple to operate can help you quickly understand the overall market and grasp the price changes and trends of each currency.