MAROKO133 Breaking crypto: Solana Price Has Repeated the Same Bearish Pattern Twice Alread

📌 MAROKO133 Eksklusif crypto: Solana Price Has Repeated the Same Bearish Pattern T

Solana price is trading around $83, up 4.5% intraday after a brief push to $85.20, and it doesn’t matter. The rebound has failed to reclaim the 50-day SMA sitting at $86, and that failure is the only number that counts right now.

Without a clean close above it, every bounce is an exit opportunity, not a reversal signal.

Bitcoin’s recovery above $73,000 dragged SOL off its lows, but altcoin momentum here looks borrowed.

SOL technical analysis shows a textbook three-step bearish cycle – and if the pattern holds, the sideways action of the past week isn’t stabilization. It’s the coil before the next leg down, with $52 as the terminal target.

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Solana Price Prediction: Reclaim $86 or Slide Toward $52?

The bearish structure has been building since SOL peaked near $148 earlier this year.

Since then, the token has printed lower highs and lower lows, tracing a distribution pattern that analyst Ali Martinez has tracked across three distinct cycle instances since October 2025.

The pattern is consistent: SOL reclaims the 50-day SMA, fails to hold it as support, then enters a consolidation trap – a tight sideways range that disguises the real setup, which is a breakdown.

This cycle has already played out twice. In November 2025 and again in January 2026, SOL entered multi-week consolidation phases below the 50-day SMA before selling off hard to new local lows. In mid-March, SOL surged to $97, briefly clearing the 50-day SMA before rolling over sharply.

That was the local top. The token is now in phase three of the current cycle, grinding between $79 and $85 while the 50-day SMA holds overhead at $86.

Martinez’s read is direct: “This sideways movement isn’t stabilization. It’s the coiling of a new leg down.” The consolidation trap is deceptive precisely because it looks like support is holding. It isn’t – it’s exhaustion.

The level that actually matters is $86 – the 50-day SMA. A daily close above it with volume flips the short-term read and opens a path toward $95 and $120.

Without that, the downside scenario cascades through $75, then $67, then $60, before approaching the $52 zone that previously sparked a 2,194% rally.

That’s the high-conviction accumulation level analysts are eyeing – but getting there means absorbing every one of those intermediate breaks first.

The bull case exists. Weekly RSI shows early divergence, and there’s genuine accumulation noise in the $80–$85 range.

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LiquidChain Targets Early-Mover Upside as Solana Tests Key Levels

Watching SOL grind sideways below a distribution ceiling while the broader market moves on is a particular kind of frustration – especially when the most likely resolution is another leg down. For traders sitting in SOL waiting for the $86 reclaim that keeps failing, the asymmetry argument for rotating into early-stage positioning is straightforward.

A $27 billion market cap asset delivering a 60% drawdown is a different trade than an early-stage project at ground floor pricing.

LiquidChain, a Solana Layer 3 infrastructure project targeting cross-chain throughput and settlement efficiency, is currently in presale.

Key metrics: presale price $0.031, $2.4 million raised, staking APY 127%. The core technical differentiator is a parallelized settlement layer designed to resolve Solana’s congestion bottlenecks during high-demand periods – a real problem the network has faced repeatedly.

The dynamic mirrors what’s been observed with coordinated volatility plays on established assets: when large-cap momentum stalls, early-stage infrastructure with a specific use case captures rotational capital.

That’s not a trade – that’s a thesis.

Research LiquidChain here.

The post Solana Price Has Repeated the Same Bearish Pattern Twice Already — Is a Drop to $52 Next? appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Eksklusif crypto: $1.5 Billion Ethereum Treasury Ether Machine Deal Co

The Ether Machine and Dynamix Corporation (NASDAQ: ETHM) have mutually terminated their business combination agreement, effective April 8, 2026.

In a post on X, the firm stated that the deal fell through due to unfavorable market conditions.

Ether Machine Cites “Unfavorable Market Conditions” as SPAC Merger Dies

The Ether Machine first unveiled plans to go public in July 2025, targeting more than $1.5 billion in fully committed capital and an initial treasury of more than 400,000 ETH.

The proposed deal drew backing from major industry players, including Pantera Capital, Kraken, and Blockchain.com.

However, the deal did not reach the finish line.

“The Ether Machine, a planned public company following a pending business combination with Dynamix Corporation (Nasdaq: ETHM) and The Ether Reserve LLC, together with certain other parties thereto, announced today that they have mutually agreed to terminate their previously announced Business Combination Agreement, effective immediately, as a result of unfavorable market conditions,’ the post read.

The termination comes as the crypto market continues to face headwinds. Asset prices have declined sharply since October, and Q1 2026 has added further pressure. 

While geopolitical tensions briefly lifted Ethereum, the token still remains nearly 55% below its all-time high set in August 2025.

The impact is not limited to The Ether Machine. BitMine, the largest corporate ETH holder, is sitting on roughly $6.5 billion in unrealized losses, with its stock down 31.7% year to date. 

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The pattern extends beyond ETH as well. Bitcoin treasury firms have also faced pressure, with some moving to liquidate their holdings.

$50 Million Termination Fee and Indemnification Provisions

According to the 8-K filing with the SEC, the termination agreement includes mutual releases, a covenant not to sue, and non-disparagement clauses. The designated “Payor” also must pay $50 million to Dynamix within 15 days of the agreement’s effective date.

“The Termination Agreement further provides that the Payor will indemnify Dynamix, the Sponsor and their affiliates and the Berns Parties for certain losses arising out of or caused by or based upon certain actions brought by any ETHM Investor other than an ETHM Investor that is a SPAC Releasing Party and that Dynamix will indemnify Pubco, the Company, the Seller, the Payor and their affiliates and the Berns Parties for certain losses arising out of or caused by or based upon certain actions brought by any Dynamix shareholder, in their capacity as a shareholder, who is not an ETHM Investor,” the filing reads.

Dynamix has until November 22, 2026, to complete a business combination or face liquidation. If no deal is finalized, public shareholders will receive pro-rata redemptions from the trust account.

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The post $1.5 Billion Ethereum Treasury Ether Machine Deal Collapses appeared first on BeInCrypto.

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