SOL drops to $95 as Bitcoin, AI stocks and gold sell off: Will traders buy the dip?

SUI is approaching a critical smart money zone, with price action signaling that big moves could be on the horizon. Sustained trading above $2 may trigger a breakout, setting the stage for the next significant leg higher.

SUI Reaches Stage For Major Money Entry

Crypto analyst Crypto Patel, in a recent post, highlighted that SUI is at the same stage where big money typically enters the market, urging traders not to miss this opportunity. According to the weekly chart, the long-term ascending channel remains intact, and price is currently trading near a sell-side liquidity grab close to trendline support, signaling potential accumulation.

Related Reading: SUI Reclaims Key Support With Strength — Is $2.35 The Next Target?

The chart also shows strong weekly demand and a bullish order block between $1.15 and $0.80, indicating that the market structure is poised to turn super bullish if SUI clears higher-timeframe resistance. The current compression phase is a classic setup for expansion, meaning the market is preparing for a potential breakout.

Crypto Patel emphasized that smart money tends to buy during compression, while retail often enters after confirmation of the move. If the breakout confirms, projected targets for SUI are $5, $10, and $20, illustrating the potential scale of the next trend. As Crypto Patel puts it, “This is how big trends are built, slowly, then suddenly. Liquidity is cleared, demand is active, and patience gets rewarded.”

Price Trading Around $1.28

Altcoinpedia outlined that SUI is currently trading around $1.28, which serves as the anchor for near-term market analysis. The price structure indicates ongoing consolidation above support near $1.50, while resistance is observed around $2.00. This setup reflects a tightening range as buyers and sellers balance, suggesting that a decisive move could be approaching.

Related Reading: Sui Restores Service After Major 6-Hour Outage Shook Network

Price oscillation within this range highlights that sustained volume expansion above $2.00 could drive the next leg of the trend toward $2.50. Conversely, failure to break this resistance, particularly with shrinking volume, increases the likelihood of a retest of support at $1.50. Should that level fail to hold, price could decline further toward $1.20.

Momentum currently resides in a neutral state, reflecting indecision in the market. In a bullish scenario, a clean break above $2.00, confirmed by momentum indicators, would signal trend continuation. On the downside, a breach of support under heavy volume could accelerate selling pressure and confirm a bearish scenario.

Traders are advised to use key range boundaries for entries and exits, managing risk around both support and resistance levels. For longer-term investors, it is prudent to wait for a decisive breakout from the current consolidation, which would provide a clearer signal for trend direction and reduce the risk of false moves within the neutral range.

After the weekend's crypto market dump, traders are increasingly bearish on Bitcoin, and they're expressing that via Polymarket.

Shiba Inu has spent recent weeks locked in a downward price action with bullish momentum fading and investor interest thinning without a clear bullish direction. However, holders may finally have something concrete to anticipate. Refreshing activity from Shytoshi Kusama, the Shiba Inu ecosystem’s lead developer, has diverted attention to a key moment expected on Sunday.

Lead Dev Breaks Silence, Teases Sunday

That dynamic began to change when Shytoshi Kusama, the pseudonymous lead developer and co-founder of the Shiba Inu ecosystem, resurfaced on X after a prolonged absence since early December. However, Kusama broke his silence this week with a thread on X explaining the reasons behind his inactivity and has since returned to regular posting and reposting activity.

One post stood out more than the rest, in which Kusama hinted at a revelation scheduled for Sunday. In that message, he spoke about arriving at a discovery by pure chance and referenced what he described as an ancient marker older than time itself. Although the message was a bit cryptic, it immediately generated attention across the SHIB community, which has been hungry for direction and clarity amid recent challenges in Shiba Inu’s price action.

The significance of Sunday became clearer following an interesting exchange between Kusama and a Shiba Inu community member who openly expressed concerns about transparency, reassurance, and leadership presence after recent ecosystem issues. 

The community member, known as RuggRat on X, noted how there has been no official statement or simple explanation of what happened from Kusama regarding the Shibarium exploit. This is in reference to the September 2025 Shibarim Bridge exploit, which saw attackers making off with $4.1 million worth of crypto assets.

In response, Kusama acknowledged the concern, stating that silence can sometimes be strategic and framing Sunday as a moment for addressing issues step by step. “This is what Sunday is for. One at a time,” Kusama said.

Shiba Inu’s Challenging Phase Has Tested Holder Confidence

Shiba Inu’s price action has struggled to gain any meaningful upside traction since the beginning of 2026, an extension of its late 2025 run. At the time of writing, SHIB is trading around $0.0000071, keeping it pinned down by 1.8% and 10.5% in the past 24 hours and seven days, respectively. Price structure during this period has been marked by a series of lower lows, with persistent selling pressure leaving little room for a meaningful higher high to form.

This prolonged stagnation has been difficult for many Shiba Inu holders, and many of them are increasingly becoming sellers. Furthermore, expectations around ecosystem expansion and utility has yet to reflect positively in the price. That environment is exactly why leadership communication has mattered more than usual.

Featured image from Unsplash, chart from TradingView

A month ago, SLV’s volume was a rounding error compared to the spotlight tech names. A year ago it was around the 170th most traded ETF, living in oblivion. Now it’s swinging like crypto used to: manic inflows, explosive turnover, then a sharp snapback downwards. That’s not normal for a metal ETF tied to a centuries-old industrial commodity.

Bitcoin has once again fallen below a critical support zone, raising questions about whether the market is gearing up for a deeper sell-off. With selling pressure still intact, traders are now watching key levels closely to see if a final flush toward lower support is imminent.

Price Faces Another Rejection

MakroVision Research shared on X that Bitcoin has once again met strong rejection, resulting in a decisive break below several key support levels. Price has now slipped back into the range of the previous low and continues to trade beneath the critical green resistance zone between $85,200 and $86,200, highlighting that bearish pressure remains in control for now.

On the very short-term timeframe, there are early signs of an attempted rebound, but without a timely and sustainable reclaim of the $85,200–$86,200 zone, this move is best viewed as a technical counter-bounce rather than the start of a meaningful trend reversal. As long as the price remains capped below this area, the broader short-term downtrend remains intact.

From a tactical perspective, the $85,200–$86,200 region has become the key battlefield. A clean reclaim and hold above this zone would be the first clear indication that selling pressure is beginning to fade, potentially allowing for price stabilization and a relief rally. 

If this reclaim attempt fails, the risk of continued downside acceleration increases. In that case, focus would turn to the $72,300–$75,300 range, a technically prominent support zone with historical significance. This zone may ultimately serve as a potential support and reversal region should the market experience another phase of capitulation.

CME Gap Opens: What To Expect From Bitcoin This Weekend

Crypto analyst MartyParty, in a recent Bitcoin Wyckoff Accumulation update, highlighted that a CME gap is opening, which is expected to be filled by Sunday evening. This sets the stage for potential short-term volatility, with traders closely watching key technical levels and liquidation activity.

Several scenarios are possible over the coming days. One possibility is the continued liquidation of remaining leveraged longs, with the lowest 25x Binance liquidation currently around $79,350, potentially completing the classic Wyckoff Spring pattern. Another scenario is a retest of secondary support at $81,800, which could act as a temporary floor for Bitcoin’s price action.

If support at $81,800 holds, Bitcoin may trade sideways or attempt to push toward the primary support level, which has now turned into resistance at $84,800. The most probable scenario suggests a move up through $84,500 toward $86,463, followed by a retest of $84,500 on Sunday night as the CME gap is filled, completing the near-term Wyckoff accumulation setup.

By Bill Alpert

Cryptocurrencies continued to drop on Saturday, extending the week's losses. Bitcoin sank below 80,000.

After ending Friday at $83,817 Bitcoin fell 7% to $78,092 by Saturday evening. Ethereum and XRP fell 10% and 7%, respectively.

The cryptocurrencies have been sliding for a month, but they took a sharp leg down on Friday, when President Donald Trump announced he would nominate Kevin Warsh to serve as the next chairman of the Federal Reserve.

That news also seems to have reversed the powerful rise of gold and silver — which, like cryptocurrencies, are favored by some traders as alternatives to the U.S. dollar.

If some traders see Warsh as bad news for crypto, that thinking is hard to understand. The Fed nominee has called Bitcoin a good asset and said it is a "good policeman for policy."

Write to Bill Alpert at william.alpert@barrons.com

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