Crypto markets are stabilizing after a volatile week marked by a $19 billion liquidation event, with Bitcoin (BTC) reclaiming the $115,000 level and Solana (SOL) attempting to hold above $195. Analysts project a 35% upside potential for select assets ahead of anticipated ETF-driven inflows, reinforcing institutional sentiment.
Bitcoin centered around $112,000 into Sunday’s weekly close, with traders like Skew noting, "Can see case of a relief bounce going into weekly open / futures open." Despite failing a major recovery immediately, market participants expect stronger performance next week, targeting $120,000. TheKingfisher highlighted liquidity grabs near $114,000 due to heavy short positions.
Solana, after dropping to lows near $174, is showing recovery signs above the critical $195 support. A break above this could test $220 and $250, with some analysts eyeing $300 near-term. Ecosystem fundamentals strengthen, with DeFi TVL up 25% in a month and NFT market revival. Institutional bets grow, fueled by Solana ETF speculation and rising open interest on DEXs.
Amid the rebound, MAGACOIN FINANCE is highlighted as a promising altcoin, with analysts predicting 35% near-term upside and potential for 50x returns long-term. The project, audited by Hashex and Certik, gains traction for its transparency and community growth, positioning it for gains as ETF optimism spreads.
