SOLANA ANALYSIS STILL BERISH THEN RANGEAnalysis Interpretation:
Timeframe: The analysis specifically focuses on the period from Thursday, March 13, 2025, to Monday, March 31, 2025.
Market Context: The first chart suggests that before March 13, 2025, the market was predominantly bearish ("Down cycle"), with clear downward momentum. Around March 13, 2025, a reversal or pivot is anticipated, marking the transition point from bearish sentiment into neutrality or bullishness.
Significance of Dates (US flag icons): The US flags indicate important economic events or announcements originating from the United States, expected during this period (March 13-31, 2025). These could be events such as major economic data releases (e.g., GDP, interest rate decisions, employment reports) or policy announcements from institutions like the Federal Reserve. These are typically moments of increased market volatility.
Expected Market Behavior (March 13 - March 31, 2025):
Initial Reversal (around March 13):
Anticipate increased volatility as traders react to a major event or announcement, causing a shift from bearish sentiment toward neutrality or bullish momentum.
Range Cycle/Up (after March 31):
Expect the market to either consolidate within a trading range (sideways movement) or start developing bullish momentum, influenced by the outcomes of significant economic events scheduled between these date
