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Market expert Inmortal has issued warnings to traders regarding new analyses of Solana 
$108 and Bitcoin 
$79,053. He noted that the unlocking of 11 million tokens in Solana might lead to a short-term depreciation. Conversely, Bitcoin has reached a crucial support level, while Ethereum 
$1,568 is projected to reach $4,400 next month. Inmortal emphasized that volatility in the cryptocurrency market remains high.
Impact of Token Unlocking on Solana
Although Solana has been gaining momentum recently, analyst Inmortal pointed out that the release of 11 million tokens could exert pressure on prices. He advised investors to exercise caution during this process. Large-scale token unlocks can often create selling pressure, potentially leading to a temporary price drop.
However, in certain situations, such increases in supply may be tolerated by the market. Inmortal indicated that if the price does not experience a sharp decline during this process, the likelihood of a rapid recovery is high. He remarked that if the token unlocking does not significantly impact price movements, investor confidence may be maintained.
Market observers are closely monitoring how Solana will react from its current level of $168. In the upcoming days, the market’s direction will depend on investors’ reactions.
Critical Levels for Bitcoin and Ethereum
Inmortal identified the $92,500 level as a critical support point for Bitcoin, stressing its importance. According to the 12-hour chart analysis, the price is expected to find strong buying support at this level.
For Ethereum, the target has been set at $4,400. The analyst noted that Ethereum has maintained an upward trend recently and may test higher levels by next month. However, the overall volatility in the market poses risks for investors.
Market participants are advised to exercise caution, particularly in short-term positions. It is essential to monitor whether Bitcoin can maintain its strong support level and how Ethereum approaches its targeted price.
