Analysis of Bitcoin's golden cross retest and the temporary market crash indicates market resilience and potential upside. BNB's achievement of a new All-Time High (ATH) serves as a positive signal for ecosystem growth. Despite short-term volatility, the bullish MACD crossover and robust fundamentals suggest a neutral to slightly bullish market bias.

* Bitcoin Retests Golden Cross, Historical Patterns Hint at Potential Major Rally Bitcoin (BTC) is retesting a technical pattern known as the "Golden Cross," which has historically preceded significant price rallies. Analysts note that past Golden Cross formations were followed by surges of 2,200% in 2017 and 1,190% in 2020. If BTC, currently trading near $110,000, can maintain this level, it could trigger a parabolic rise. This news potentially boosts expectations for Bitcoin's price appreciation, fostering positive sentiment across the market. As SOL (Solana) tends to correlate strongly with Bitcoin's movements, a BTC rally is also expected to contribute to an increase in SOL's price. * Market Crash: A Temporary Phenomenon Driven by Leverage and Liquidity Stress The sharp decline in Bitcoin on Friday, October 11th, signals continued volatility in the era of spot BTC ETFs. Specifically, leverage and liquidity stress amplified losses, leading to a liquidation event estimated at $19 billion and highlighting the risks associated with illiquid collateral assets in portfolio margin systems. However, analysts suggest this market crash does not indicate a long-term bear market or deteriorating fundamentals. They attribute it to a confluence of short-term factors, including excessive leverage, heightened risk, and President Trump's announcement of tariffs on China. The market is expected to recover from this event. This view aims to temper excessive pessimism regarding the altcoin market, including SOL, and foster expectations for a rebound. * BNB Hits All-Time High, Hailed as an Undervalued 'Blue Chip' BNB (BNB) has surpassed $1,300, reaching a new all-time high (ATH). David Namdar, CEO of NASDAQ-listed CEA Industries, has described BNB as an undervalued 'blue chip' asset. He analyzes this rally as a result of the market finally beginning to recognize BNB's long-underrated fundamentals. This suggests growing maturity and reliability within the BNB Chain ecosystem, directly positively impacting the value appreciation of BNB coins. Similarly, SOL's value reflects the expansion of the Solana Chain ecosystem, making BNB's success story an encouraging precedent for SOL. * Crypto Traders View Trump's Tariff Announcement as the 'Single Event' Behind Market Drop According to Santiment's analysis, retail crypto investors quickly attributed Friday's market-wide decline to President Donald Trump's announcement of 100% tariffs on China. This is characterized as typical behavior where retail investors seek a clear cause and assign blame to a single event during market downturns. However, analysts believe the market drop resulted from multiple, deeper factors, not solely the tariffs. While this perspective might suggest potential structural issues rather than purely transitory volatility, its impact on short-term retail sentiment is interpreted as limited. Although the direct impact on SOL is minimal, caution is warranted regarding any overall market sentiment deterioration. * Hyperliquid's 100K BTC Whale Linked to Former BitForex CEO On-chain investigations have linked the mysterious whale (large holder) controlling over 100,000 BTC on Hyperliquid to Garrett Jin, the former CEO of BitForex, an exchange that collapsed amid fraud allegations. This association could raise concerns about market transparency and impact market participants' trust in the actions of large holders. Past links to figures associated with problematic exchanges may heighten vigilance among market participants. Altcoins like SOL, whose liquidity and market credibility can be more susceptible to such news than Bitcoin, could face short-term downward price pressure as a result. * US Senate Passes Gain Act Prioritizing Domestic Sales of AI and HPC Chips The US Senate has passed the "Gain Act," mandating that manufacturers of AI and High-Performance Computing (HPC) chips prioritize domestic orders before export, as part of the National Defense Authorization Act (NDAA). This move aims to secure US leadership in the AI sector and is expected to impact semiconductor-related companies. While the direct impact on the cryptocurrency market is limited, the advancement of AI technology could lay the foundation for Web3 and decentralized AI projects, potentially increasing interest in platforms like SOL in the long term. Specifically, if AI-related Decentralized Applications (dApps) are developed on Solana, it could stimulate demand for SOL. * Overall Summary Bitcoin's retest of a technical pattern that historically preceded bull markets is likely to foster an optimistic outlook across the entire market. Meanwhile, Friday's market crash is analyzed as a temporary phenomenon driven by excessive leverage and liquidity stress, with the prevailing view suggesting a limited impact on long-term fundamentals. BNB's achievement of an all-time high signifies the maturation of its ecosystem and enhanced reliability, serving as a positive signal for other platforms, including SOL. Overall, while short-term volatility remains high, expectations for market recovery are maintained, and the groundwork is being laid for medium- to long-term growth.

The association between Hyperliquid whales and a former exchange CEO could raise concerns about market transparency. President Trump's tariff announcement carries the risk of negative short-term market sentiment. The key support level is the recent low of $174. A break below this level increases the risk of further downside.

In the short term (24-48 hours), a recovery is anticipated, supported by a bullish MACD crossover and positive technical indicators for BTC. Over the medium term (one week), we expect a gradual uptrend, contingent upon the market recovering from liquidity stress and the continuation of positive AI-related news. Key catalysts to watch include BTC breaking through major resistance levels and development updates within the Solana ecosystem.

Fundamentals, such as the Bitcoin Golden Cross retest and the transient nature of the recent market crash, suggest a potential path to recovery for SOL. The bullish MACD crossover and BNB's positive performance are also favorable indicators. We assess the market bias as 'slightly bullish'. Our strategy recommendation is to buy on dips near the $180-$190 support zone. Set initial take-profit targets between $210-$220 and a stop-loss around $170. Maintaining the $174 support level is key this week. Closely monitor AI-related news and macroeconomic indicators, and pursue investment opportunities with prudence.