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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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The trend of Sol is relatively weaker compared to Bitcoin and Ethereum!
The daily chart shows a three consecutive bearish pattern, with rebounds followed by declines, and the rebound highs are decreasing while the strength of the rebounds is also diminishing. If Bitcoin further declines, then SOL will definitely follow suit.
The daily chart is still in a downtrend, so any rise is merely a rebound. The price is still experiencing large range fluctuations, with the lower bound around 120 and the upper bound around 164.
You can support the pressure level to perform short-term swing operations, entering short at the 147 level and considering retreat based on the support situation at 143.