Solana’s SOL Leads Gains in Crypto Majors, Bitcoin Indicators Suggest Low Retail Growth

“There is no news that could have a price correlation with Bitcoin other than the halving, which could provide returns in the medium to long term,” Ryan Lee, senior analyst at Bitget Research, wrote in a note to CoinDesk. “It is also important to consider psychological levels in the market, such as the BTC price from $50,000 to the previous ATH, which could lead to a larger price retracement,” he said.