Bitcoin (BTC) $100,000 Momentum Gone, Solana (SOL): Surprising Move Incoming? Shiba Inu (SHIB) Heating up for Skyrocketing?

Bitcoin’s $100,000 Target Becomes Elusive as Market Momentum Weakens

The long-anticipated surge toward a $100,000 Bitcoin price seems to be slipping further out of reach as the cryptocurrency struggles to maintain bullish momentum. Bitcoin’s price action has been marked by stagnation, with the asset finding it increasingly difficult to reclaim the $90,000 level. A significant drop in trading volume suggests waning market activity, raising concerns about the sustainability of upward price movements.

Bitcoin Faces Resistance at $90,000

Bitcoin’s failure to break through the $90,000 resistance level has placed it in a precarious position, making it difficult for bullish traders to drive the price higher. The volume profile has been steadily declining, indicating a lack of substantial buying pressure—an essential factor for maintaining an upward trajectory. Without an infusion of new capital, Bitcoin’s ability to surpass key resistance levels remains questionable.

One of the primary obstacles preventing Bitcoin from reaching new highs is the absence of steady institutional and retail demand. During previous bullish phases, aggressive accumulation propelled Bitcoin’s rallies. However, recent market behavior suggests that the required buying power to push BTC toward six-figure territory is currently lacking. Technical indicators further underscore Bitcoin’s struggles, with the 50-day and 100-day exponential moving averages (EMAs) acting as dynamic resistance points.

If Bitcoin fails to regain these critical levels convincingly, the market may witness further consolidation or even a pullback toward lower support zones. Bulls must maintain the price above the $85,000–$82,000 range to sustain a bullish structure. On the flip side, a decisive break above $90,000, accompanied by high trading volume, could reignite bullish sentiment and reestablish the $100,000 price target as a feasible goal. However, if Bitcoin continues to trade within its current range without renewed buying interest, traders may begin to question the likelihood of a six-figure rally in the near future.

Solana Struggles to Establish Stability

Solana (SOL) has exhibited erratic price behavior over recent weeks, failing to establish a consistent upward trajectory. Despite multiple attempts to break through crucial resistance levels, the asset remains stuck in a downward trend. However, emerging chart patterns suggest that a significant price movement may be on the horizon.

One notable feature of Solana’s recent price action is the formation of three consecutive candles on the chart, a pattern often associated with potential trend reversals or continued momentum shifts. While price volatility remains high, trading volume has also been substantial, indicating that investor interest in Solana persists despite the lack of a clear breakout.

Currently, SOL is trading around $142, exhibiting hesitation after a brief recovery attempt. Key resistance levels to monitor are $164 and $184, while immediate support levels lie near $130 and $120. If Solana can hold above these support levels, a move back toward $160 could be possible. However, failure to maintain these price points may expose the asset to additional downward pressure, potentially driving SOL toward the $120 mark.

A crucial factor affecting Solana’s performance is the overall market sentiment. Unlike other assets that have benefited from increased market activity, SOL has remained trapped in a cycle of lower highs and lower lows, making it difficult to establish a strong bullish foundation. The coming trading sessions will be crucial in determining Solana’s short-term trajectory. If the asset successfully breaks above its nearest resistance level, buying interest may increase, fueling a trend reversal. Conversely, continued weakness could lead to further declines. The market is closely watching to see whether Solana will experience a bullish breakout or another downward move.

Shiba Inu Attempts to Break Key Resistance

Shiba Inu (SHIB) is once again gaining traction as it attempts to breach the critical resistance level of $0.000013. A surge in trading volume and a series of higher lows on the chart suggest that SHIB is recovering from a prolonged consolidation phase and downward pressure. This has raised the question: Is a major breakout imminent?

The $0.000013 price level has historically acted as both support and resistance, making it a crucial pivot point for SHIB. A clear breakout above this level could trigger a rapid rally toward the next significant resistance zones at $0.000016 and $0.000018. Given SHIB’s history of explosive price movements following consolidation periods, a similar scenario could unfold if buying pressure increases.

Several bullish indicators support the possibility of further gains. The Relative Strength Index (RSI) is approaching the midline but has not yet entered overbought territory, signaling growing buying momentum. Additionally, a breakout above the declining trendline that has constrained SHIB’s price for weeks could result in fresh buying activity. The volume profile also suggests an uptick in accumulation, which often precedes strong price rallies.

If Shiba Inu successfully establishes itself above $0.000013, bullish sentiment may intensify, potentially setting the stage for a push toward higher resistance levels. However, failure to maintain this breakout could result in renewed selling pressure, prolonging the asset’s consolidation phase. The next few trading sessions will be pivotal in determining whether SHIB can sustain its momentum or if another pullback is on the horizon.

Conclusion

Bitcoin’s road to $100,000 remains uncertain as declining volume and resistance at $90,000 continue to hinder upward movement. Solana, meanwhile, faces instability but could be on the verge of a breakout if it surpasses key resistance levels. Shiba Inu is attempting to break out of its consolidation phase, with a significant rally possible if it clears the crucial $0.000013 resistance level.

The broader cryptocurrency market remains at a pivotal moment, with key resistance and support levels determining future price action. Traders and investors should closely monitor volume trends and institutional participation, as these factors will likely dictate whether the market can sustain upward momentum or if further corrections are on the horizon.