Solana (SOL) price is up 8% in the last 24 hours and 21% over the past week, with its market cap nearing $130 billion — larger than companies like Sony, Dior, and ADP. Trading volume has surged nearly 19% in the last 24 hours, now standing at $10 billion, reflecting strong market activity.

Technical indicators such as the Ichimoku Cloud and BBTrend suggest a bullish setup, though signs of consolidation hint at a potential pause in momentum. If SOL regains strength, it could test resistance at $292 and potentially rise to $300 for the first time, while a reversal may bring key supports at $229 and $211 into play.

SOL Ichimoku Cloud Shows a Bullish Setup

Solana Ichimoku Cloud indicates a bullish sentiment, with the price currently trading above the cloud, signaling strength. The Tenkan-sen (blue line) is above the Kijun-sen (red line), suggesting short-term momentum supports the bullish case.

The leading green cloud (Senkou Span A above Senkou Span B) provides additional confirmation of a favorable trend.

The lack of steep upward angles on the Tenkan-sen and Kijun-sen suggests the trend could be consolidating rather than accelerating. A move above $270 could confirm continued bullishness, with the potential to test higher resistance levels.

However, a dip back into the cloud could indicate indecision or weakening momentum, with the lower boundary of the cloud providing a critical support zone.

Solana BBTrend Is Stable and Positive

SOL BBTrend is currently at 6.41, down from its recent peak of 26 just three days ago, though it has remained positive for an entire week. BBTrend, or Bollinger Band Trend, is a technical indicator that measures the strength and direction of a trend based on the interaction of price with Bollinger Bands.

Positive values indicate upward momentum, while negative values suggest a downtrend. The higher the value, the stronger the trend in its respective direction.

Although Solana BBTrend has dropped significantly from its recent peak, its stabilization at 6.41 suggests the decline in momentum has paused. This could mean the price is consolidating, potentially building a base for another upward move if buying pressure returns.

On the other hand, the current level also indicates the trend is not as strong as it was recently, which might signal caution for traders awaiting clearer confirmation of the next directional move.

SOL Price Prediction: Will Solana Reach $300 for the First Time?

If Solana price can regain strong momentum, it could test its previous all-time high of $292 and potentially rise further to $295. Breaking above these levels could push SOL price to $300 for the first time ever, marking a significant milestone and attracting additional bullish interest.

These levels highlight key resistance points for traders to watch as Solana attempts to continue its upward trajectory.

Conversely, if momentum cools and the trend reverses, SOL price may test the support level at $229. A breakdown below this point could lead to further declines, with the next support at $211 and a deeper retracement to around $192 if that level is also lost.

Shiba Inu bulls are holding onto hope, expecting the next breakout, but smart money is shifting focus to an AI-powered crypto that’s set to redefine the market—WallitIQ (WLTQ). While Shiba Inu has enjoyed its moment in the spotlight, smart investors are betting big on this emerging Ethereum gem that many analysts believe is poised for a staggering surge.

At just $0.0420, WallitIQ (WLTQ) is quickly gaining traction as the next major player in the crypto space, with analysts and investors recognizing its groundbreaking potential. The presale is rapidly closing, and those who recognize the opportunity now could be positioning themselves for life-changing gains before this crypto skyrockets past expectations.

Shiba Inu Bulls Must Face Reality—WallitIQ (WLTQ) Is The Smarter Bet

The excitement around Shiba Inu has been undeniable, with its loyal community of bulls constantly anticipating the next price explosion. However, the truth is that smart money is already looking beyond Shiba Inu bulls’ expectations and shifting focus to more innovative and utility-driven assets like WallitIQ (WLTQ). Unlike the meme-driven speculation surrounding Shiba Inu, this altcoin powerhouse stands out with its AI-driven capabilities, offering real-world applications that investors crave.

WallitIQ (WLTQ) isn’t just another token riding the hype wave—it’s an AI-powered crypto platform designed to revolutionize asset management and financial decision-making. Shiba Inu bulls are to note this. With an advanced suite of features tailored for traders and investors, smart money whales are seizing the opportunity to accumulate this Ethereum-based token before it explodes in value. 

Shiba Inu bulls may still be chasing past glory, but WallitIQ (WLTQ) presents an undeniable opportunity for those ready to embrace the future of AI in crypto.

Why Smart Money Is Betting Big On WallitIQ (WLTQ) Instead

At the core of WallitIQ’s (WLTQ) appeal is its groundbreaking QR code payment system, making crypto transactions effortless and accessible for both retail and institutional users. This feature allows for instant and secure payments, placing the platform leagues ahead of speculative altcoins like Shiba Inu, which lack such practical utility.

Adding to its allure, the platform offers a multilingual AI chatbot, providing 24/7 assistance in multiple languages. Whether you’re a new investor or an experienced trader, WallitIQ (WLTQ) assures users of an intuitive experience, promoting trust and confidence in an ever-evolving market landscape. Smart money investors recognize this accessibility as a game-changer, driving further interest in the presale.

Security is another area where WallitIQ (WLTQ) stands tall. Its anomaly detection system employs advanced AI algorithms to monitor transactions in real time, identifying suspicious activity and protecting user assets. This high level of security, verified by a SolidProof audit, reassures investors that their funds are safeguarded—a major factor in WallitIQ’s (WLTQ) growing appeal over riskier alternatives like Shiba Inu, another point of note for Shiba bulls.

Beyond its robust security and accessibility features, predictive analytics integrated into WallitIQ (WLTQ) offer investors real-time insights into market trends and asset performance. With AI-powered forecasts, investors can make informed decisions with precision, a functionality that has drawn significant attention from smart money looking to step up their portfolios.

Furthermore, WallitIQ (WLTQ) recently unveiled its Minimum Viable Product (MVP) Crypto Wallet Management App, which boosts the user experience by allowing easy management of multiple wallets, real-time pricing integration via CoinGecko, simulated transactions, and interactive candlestick charts. This intuitive app positions this AI gem as a leader in the DeFi space, giving investors a comprehensive tool to navigate the crypto market effortlessly.

With all these innovations, it’s no surprise that WallitIQ (WLTQ) is attracting massive attention at $0.0420, with some of the most bullish crypto insiders even predicting a 100,000% surge post-launch. 

The Clock Is Ticking—Invest In WallitIQ (WLTQ) Before It’s Too Late

Shiba Inu bulls may continue to hope for another rally, but WallitIQ (WLTQ) is where the real opportunity lies. With an anticipated surge from $0.0420 to a staggering 100,000% gain, the smart money and other serious investors are flocking to the presale before prices soar beyond reach.

Now is the time to act—before WallitIQ (WLTQ) takes the crypto world by storm. Smart money has already made its move, Shiba Inu bulls and others who follow suit could find themselves at the forefront of one of the biggest investment opportunities in crypto history. Don’t miss out—secure your WallitIQ (WLTQ) tokens today.

Join the WallitIQ (WLTQ) presale and community: 

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BlackRock’s spot Bitcoin ETF (IBIT) surpassed $1 billion in inflows in the first two hours of trading today. This comes despite record outflows earlier in the month, displaying the product’s dramatic recovery.

Bitcoin ETFs are still significantly ahead of Ethereum-based products, and analysts believe that they will continue dominating even if the SEC approves more altcoin ETFs.

BlackRock’s IBIT Rebounds in Force

IBIT, BlackRock’s Bitcoin ETF, has been performing exceptionally well over the last six months. Despite momentarily seeing record outflows earlier this January, it’s now on route to a strong recovery.

According to Coinglass data, the ETF saw over $1 billion in trading volume during today’s first two hours of trading.

As the above data shows, this rally isn’t isolated to BlackRock or IBIT. Instead, all the Bitcoin ETFs are performing well, likely because BTC has found a strong support level at $105,000.

There were several pro-crypto regulatory developments in the US yesterday. Most notably, the SEC overturned the controversial SAB 121 bulletin, which means banks can now custody Bitcoin without any hurdles. This positive move likely influenced retail investors to crowd the ETF market today.

Also, BlackRock CEO Larry Fink believes institutional adoption will push its value as high as $700,000. ETF analyst Eric Balchunas explained the discrepancy between Bitcoin and all other crypto products:

“The spot bitcoin ETFs quietly on fire to start year, with $4.2 billion in flows which is 6% of all ETF flows. Now at +$40 billion net since launch with AUM at $121 billion and return of 127%. For context, Ether ETFs are like +$130m YTD, which isn’t bad, but this why BTC is on another level and will utterly dominate this category,” he claimed.

Data from Arkham Intelligence also reveals that BlackRock acquired more than $600 million worth of Bitcoin yesterday, allowing it to generate more IBIT shares.

As a group, the ETF issuers have been consistently purchasing huge amounts of Bitcoin. Nonetheless, BlackRock clearly exceeds them in every category.

All things considered, this IBIT trade volume is just one factor in BlackRock’s current ETF success. The firm just released a version of IBIT for Canadian markets. Additionally, NASDAQ ISE recently lobbied the SEC to raise the options trading limits on IBIT.

In any event, BlackRock has once again proved that IBIT is one of the most successful ETFs of all time, not just in crypto. The Bitcoin ETFs have brought monumental inflows of capital to the crypto space, transforming the industry forever.

It may be unclear what the future will hold, but BlackRock has all the tools to respond to many unprecedented market factors.