Bitcoin Briefly Drops to $24,111 on Binance USD1 Pair

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 25 2025

SOL-5.38%

BTC-4.05%

Should l Buy SOL?

Price Anomaly: Bitcoin's BTC/USD1 pair on Binance briefly dropped to $24,111 before quickly rebounding to $87,611, indicating no broader market breakdown occurred.
Liquidity Insight: This price movement was driven by thin liquidity in the specific trading pair, especially during quieter trading hours, causing large market orders to cascade through available bids and create exaggerated price swings.
Market Stability: Despite the extreme drop, other Bitcoin pairs and prices across major exchanges remained stable around $87,000 to $88,000, suggesting no panic across the broader market.
Trader Caution: This liquidity event does not indicate structural weakness in Bitcoin; traders should be aware that such flash moves can trigger stop losses or liquidate over-leveraged positions without reflecting true price discovery.

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Technical Analysis for SOL

Technical Sentiment Analysis for Solana (SOL) As of , Solana (SOL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Solana (SOL) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	15.734	41.617	67.084	92.967	118.434	144.317	169.784
Fibonacci	41.617	61.233	73.351	92.967	112.583	124.701	144.317

About SOL

Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.To learn more about this project, check out our deep dive of Solana.The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.Because of the innovative hybrid consensus model, Solana enjoys interest from small-time traders and institutional traders alike. A significant focus for the Solana Foundation is to make decentralized finance accessible on a larger scale.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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