đ¨ SOL ETF day: yes, in the U.S.âand with staking baked in, meaning Solana just got real Wall Street rails today.
Bitwiseâs BSOL lists now as the first U.S. spot Solana ETP, targeting 100% SOL exposure with inâhouse staking, 0.20% fee, and a temporary 0% fee for the first three months on the initial $1B AUM to jumpâstart flows. Grayscaleâs SOL conversion and multiple SOL staking ETFs begin this week, setting up a rare nonâBTC/ETH institutional funnel that could rotate attention across top alt L1s. Meanwhile, Bitcoin is chilling near \sim$114{,}000 into FOMC, while DOGE and ETH led the dayâs red as traders price a 25 bps cut and wait for Powellâs tone on the path to neutral. Derivatives are spicy: open interest swelled from \sim$25\text{B} to nearly $30\text{B}, so any postâFOMC impulse can cascade via leverage both ways. For flow nerds: watch BSOL dayâone creations/redemptions and tickâbyâtick spreads; if volumes pop, SOL momentum can echo across stakingâenabled ETFs and majors. For macro geeks: headline print is less important than guidance; a dovish tilt could refuel risk, while a hawkish hold likely keeps chop high. TL;DR: SOL gets ETFs, macroâs the boss for 48h, position small and respect wicks in case the liquidity thins on the decision.
đ¨ Another crypto Ponzi falls. Spanish police just dismantled a major fraud ring that used fake crypto bots and dashboards to scam thousands of investors. This wasnât a glitch â it was a trust psyop. Crypto isnât the scam. But the scammers are evolving.
âĄď¸ The Adam and Eve pattern is a reversal formation on a downtrend. A very sharp and deep first base with high volume (Adam) and a systematic rounded second base with reduced volume form the pattern. The price movement then compresses into a narrow range and the market instrument confidently breaks upwards above the neckline.
âĄď¸When the top of the Eve moves into a flat range, this presents an excellent entry point, but only after the breakout.
âĄď¸In essence, working with this pattern is no different from a double bottom or double top:
Entry â after breaking the neckline level or on retest of the broken level. Target â the target is equal to the height from the bottom of the pattern to the neck level. Stop â after entering under the broken level or local minimum.
#bitcoinâď¸ Funding Rates have just turned negative, indicating a majority of traders are shorting the $BTC market in anticipation of lower prices...đ
Are these bears going to be proven right, or are they about to be proven wrong once again...đť đ