BTC remains resilient despite Trump’s latest pessimistic statements, with its value holding around $92,000. The unusual size of recent fifteen-minute candles suggests that traders should prepare for a potential wave of liquidations. Many investors have already been sidelined, indicating that liquidity could weaken further. As the market braces for impending volatility, what are analysts predicting for SEI and SOL coins?
Impending Liquidation Wave
Trump is expected to make announcements soon, and a critical Supreme Court tariff decision on Wednesday is highly anticipated. Investors are eagerly awaiting the inflation report, and we’re in a crucial period for BTC with significant upward and downward fifteen-minute candles. This is likely signaling a looming liquidation wave.
In the past 24 hours, Coinglass data reveals a $280 million liquidation amidst weakened volumes. Liquidity concerns were exacerbated by a video featuring Powell, who remarked, “They’ll imprison me for not lowering rates.” While short positions are predominant, high volatility in either direction remains a possibility.
DaanCrypto, an analyst known for examining BTC’s current state, shared the following chart.
“BTC is a perfect weekend price movement example, closing exactly where it began from CME’s Friday closure to Monday opening,” stated DaanCrypto. “A situation we are always glad to observe, indicating no new gap formation or significant existing gaps to monitor.”
This commentary recalls the missed CME GAP and expected decline analyses from last week, with CME price gaps often suggesting a potential decline to $88,000 for BTC.
SEI and SOL Coin Predictions
Michael Poppe, who consistently views the glass half full, has spotlighted one of his favored altcoins, SEI Coin. The relentless billion-dollar liquidations and declining volumes in competitive markets have marginalized such projects, including SEI, which struggles with excessive selling.
“SEI is performing excellently,” shared Poppe. “Actually, most altcoins are, having breached the 21-day moving average and currently testing it as support. Everything seems in order, and we might witness a new upward surge in sync with the markets. SEI remains a position I’m content holding.”
He also offered insights on SOL Coin, mentioning the Columbus assessment and potential for a test approaching $118, indicating an ABC correction before an ascent.
