The tightened US customs policy and the growing fears of recession make the cryptocurrency market in uncertainty. The declines that Bitcoin notes have an impact on other cryptocurrencies. Some of them, like Solana, are additionally struggling with their own problems.
Despite high uncertainty, many investors hunt for market occasions. Less known altcoins with lower capitalization and new, useful tokens can benefit from this.
Will the price of Bitcoin fall after a FOMC meeting?
Traders carefully observe key technical levels to determine short -term prospects for Bitcoin.
On Sunday, March 16, the Bitcoin course reached the level of $ 84,000.
Currently, this is a key level for BTC, which exceeded could give cryptocurrency a chance for further growth.
On the same Maintaining support above USD 81,000 It would mean resistance in the face of potential sales pressure while each decrease below $ 76,000 could cause further inheritance movements.
On March 19, a meeting of the Federal Committee for Open Market Operations (FOMC) was planned. The results of this meeting can affect market moods and risk appetite.
Investors predict that the federal reserve will maintain interest rates at a constant level, but all unexpected hawks signals from the FED can put inheritance pressure on Bitcoin and other cryptocurrencies.
Solana has been the lowest level for four months
Traders show less and less interest in the system of decentralized finances (DEFI) on salt. This has an impact on the SOL valuation. Cryptocurrency
It has dropped by 6.5% in the last 24 hours, reaching a price of around $ 127 on March 17, which reflects the losses throughout the cryptocurrency market.
Sol’s price drop was preceded by A rapid decrease in the number of network transactions Solan from a record level of 71 738 (January 23, 2025) to 24 505 on March 17. Less network activity directly affects lower revenues from fees.
Source: https://dune.com/hashed_official/pumpdotfun
The total blocked (TVL) salted value is also decreasing, but this trend has been noticeable since mid -January. The value of TVL on March 17 is about $ 7 billion, i.e. 41% less than in the peak of January 19 (12.1 billion dollars).
The decreasing TVL indicator indicates the weakening interest of traders and may be a signal that Solana has problems with attracting new usersdespite the lower maintenance costs.
If you want to have an exposure to the second layer of scaling Solana, which is to speed up transactions and reduce their costs, check the pre -sale of the Solaxy project. |
Multistategical trade strengthens the sale
The current sale may be due to the withdrawal of ETF traders and spot transactions. It is particularly emphasized The importance of multistraterate transactionscovering hedge funds and using various tactics to maximize profits from different asset classes – arbitration, long and short positions and financial lever.
For example, a popular type of trade Multi-Strat There is base trade for Bitcoin. Investors buy Spot BTC funds (often via ETFs) and short btc btc contracts to get profits from price differences. This allows you to block low risk profits when the spread is favorable.
When the profits from base transactions are shrinking due to narrower spreads or market changes, liquidation pressure increases. It probably strengthened the current sale, especially in the face of the confusion on the market of the American customs tariffs last week.
Investors and whales start shopping
Traders are afraid that Donald Trump’s unstable policy and the risk of recession will correlate with the state of the American stock market.
There are also those who see a chance in current stagnation – it can have a positive impact on the variability of the Altcoin and Memecoins market. Nick Ruck, director of LVRG Research, noticed that the Altcoin trade volume increased after the World Liberty Financial bought MNT and Avax. This movement may balance traders to pay attention to altcoins, especially in a short period, and obtain an exposure to as higher as possible profits than those from large capitalization coins, such as Bitcoin and Ethereum.
According to bulls, this is a good time to shop “in the hole” – valuations of shares of companies outside the largest are relatively lower than the historical average. Investors assume that in the long run the cryptocurrency value will increase again and the declines are only temporary. The first reports about gigantic purchases of crypto whales increase the greed of traders.
You can buy Bitcoin and other cryptocurrencies in a simple and safe way on the Zondacrypto stock exchange.