{"id":30598,"date":"2025-06-06T12:46:59","date_gmt":"2025-06-06T12:46:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=30598"},"modified":"2025-06-06T12:46:59","modified_gmt":"2025-06-06T12:46:59","slug":"why-is-crypto-crashing-dust-settles-over-sol-and-eth-after-musk-storm","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=30598","title":{"rendered":"Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm"},"content":{"rendered":"<div>\n<div id=\"pc60462636\" class=\"postContainer replyContainer\">\n<div id=\"p60462636\" class=\"post reply\">\n<p>Call it the world\u2019s weirdest breakup: Elon and Trump. So why is crypto crashing? This is the reason why. The love fest between the two men could be over.<\/p>\n<p>They were fighting the entire time, but it finally hit a <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">breaking point<\/a>. Both egos are too big.<\/p>\n<p>Knives are out and coins like<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-solana-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"> Solana <\/a>and Ethereum are wobbling but not spiraling. It\u2019s bad, not catastrophic.<\/p>\n<\/div>\n<\/div>\n<div id=\"pc60462640\" class=\"postContainer replyContainer\">\n<figure id=\"attachment_245876\" aria-describedby=\"caption-attachment-245876\" style=\"width: 753px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-245876 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749175495771813.png\" alt=\"\" width=\"753\" height=\"575\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749175495771813.png 753w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749175495771813-300x229.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749175495771813-50x38.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749175495771813-262x200.png 262w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749175495771813-350x267.png 350w\" sizes=\"(max-width: 753px) 100vw, 753px\"><figcaption id=\"caption-attachment-245876\" class=\"wp-caption-text\">(<a href=\"https:\/\/x.com\/home\" target=\"_blank\" rel=\"nofollow\">X<\/a>)<\/figcaption><\/figure>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<\/div>\n<h2 class=\"font-semibold pdf-heading-class-replace text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Why is Crypto Crashing? Ethereum Price Struggles to Break $2,820<\/h2>\n<p>We are in the funniest clown-like timeline. Trump can post about having the runs on TruthSocial, and 100b will be wiped from the markets.<\/p>\n<p>I\u2019m starting to wonder if this is just a simulation to see how much a man can take before he reaches his tipping point? The market\u2019s been jumpy since the Trump-Musk breakup. ETH can\u2019t seem to break out <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">with repeated stabs<\/a> at the $2,820 line have gone nowhere, and confidence is fading.<\/p>\n<p>SOL is a different story. There\u2019s movement, there\u2019s volume, and some traders are eyeing it as the better bet for a short-term bounce.<\/p>\n<figure id=\"attachment_245878\" aria-describedby=\"caption-attachment-245878\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-245878 size-large\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749140905280165-1024x725.png\" alt=\"\" width=\"1024\" height=\"725\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749140905280165-1024x725.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749140905280165-300x212.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749140905280165-768x544.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749140905280165-50x35.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749140905280165-282x200.png 282w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749140905280165-350x248.png 350w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/1749140905280165.png 1178w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption id=\"caption-attachment-245878\" class=\"wp-caption-text\">(<a href=\"https:\/\/x.com\/WatcherGuru\" target=\"_blank\" rel=\"nofollow\">X<\/a>)<\/figcaption><\/figure>\n<p id=\"discover-the-12-hottest-crypto-presales-to-buy-right-now\"><span data-preserver-spaces=\"true\"><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/strong><\/span><\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\"><strong class=\"font-semibold\">Bearish Signals for Ethereum:<\/strong><\/p>\n<ul class=\"text-body list-disc list-inside pl-[24px] py-1.5 [&amp;_ul]:pl-4 [&amp;_ul]:py-0 [&amp;_ol]:pl-4 [&amp;_ol]:py-0\">\n<li class=\"[&amp;&gt;p]:inline\" style=\"border-width: 0px;border-style: solid;--tw-border-spacing-x: 0;--tw-border-spacing-y: 0;--tw-translate-x: 0;--tw-translate-y: 0;--tw-rotate: 0;--tw-skew-x: 0;--tw-skew-y: 0;--tw-scale-x: 1;--tw-scale-y: 1;--tw-scroll-snap-strictness: proximity;--tw-ring-offset-width: 0px;--tw-ring-offset-color: #fff;--tw-ring-offset-shadow: 0 0 #0000;--tw-ring-shadow: 0 0 #0000;--tw-shadow: 0 0 #0000;--tw-shadow-colored: 0 0 #0000\"><strong class=\"font-semibold\">Awesome Oscillator (AO):<\/strong>\u00a0Initially flashing positive signs, the AO now shows red histogram bars, signaling weakening bullish momentum.<\/li>\n<li class=\"[&amp;&gt;p]:inline\" style=\"border-width: 0px;border-style: solid;--tw-border-spacing-x: 0;--tw-border-spacing-y: 0;--tw-translate-x: 0;--tw-translate-y: 0;--tw-rotate: 0;--tw-skew-x: 0;--tw-skew-y: 0;--tw-scale-x: 1;--tw-scale-y: 1;--tw-scroll-snap-strictness: proximity;--tw-ring-offset-width: 0px;--tw-ring-offset-color: #fff;--tw-ring-offset-shadow: 0 0 #0000;--tw-ring-shadow: 0 0 #0000;--tw-shadow: 0 0 #0000;--tw-shadow-colored: 0 0 #0000\"><strong class=\"font-semibold\">MACD Crossover:<\/strong>\u00a0On the 4-hour chart, ETH has formed a bearish MACD crossover, further undermining confidence in a bullish breakout.<\/li>\n<li class=\"[&amp;&gt;p]:inline\" style=\"border-width: 0px;border-style: solid;--tw-border-spacing-x: 0;--tw-border-spacing-y: 0;--tw-translate-x: 0;--tw-translate-y: 0;--tw-rotate: 0;--tw-skew-x: 0;--tw-skew-y: 0;--tw-scale-x: 1;--tw-scale-y: 1;--tw-scroll-snap-strictness: proximity;--tw-ring-offset-width: 0px;--tw-ring-offset-color: #fff;--tw-ring-offset-shadow: 0 0 #0000;--tw-ring-shadow: 0 0 #0000;--tw-shadow: 0 0 #0000;--tw-shadow-colored: 0 0 #0000\"><strong class=\"font-semibold\">Supertrend Resistance:<\/strong>\u00a0The red Supertrend line currently sits above ETH\u2019s price, emphasizing bearish sentiment.<\/li>\n<\/ul>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Adding to the caution is Ethereum\u2019s netflow data from <a class=\"general-link\" href=\"https:\/\/glassnode.com\/\" target=\"_blank\" rel=\"nofollow noopener sponsored nofollow\">Glassnode<\/a>. Between May 30 and June 4, significant outflows suggested bullish sentiment.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">However, on June 6, inflows spiked to 93,484 ETH (~$230 million), indicating traders may be preparing to sell or lock profits.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">If Ethereum fails to hold support at $2,280, a drop below $2,000 becomes increasingly likely. On the flip side, if bulls can retest $2,428 resistance with a more favorable setup, there\u2019s potential for renewed bullish optimism.<\/p>\n<h2 class=\"font-semibold pdf-heading-class-replace text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Solana Recovers From Flash Crash Amid High-Volume Volatility<\/h2>\n<p>Solana slid 8.1% on the day, dipping from $154.48 to a low of $141.75 before clawing back to $147.40. The bounce was enough to sketch an ascending trendline\u2014tentative, but not without potential.<\/p>\n<p>Buyers stepped in hard around $142, marking that zone as a clear line of defense. On the upside, resistance remains firm at $150\u2013$152. Volume spiked during the drop, suggesting traders haven\u2019t abandoned ship, even with risk markets on edge.<\/p>\n<figure id=\"attachment_245883\" aria-describedby=\"caption-attachment-245883\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-245883\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-89-1024x408.png\" alt=\"\" width=\"1024\" height=\"408\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-89-1024x408.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-89-300x119.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-89-768x306.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-89-50x20.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-89-308x123.png 308w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-89-350x139.png 350w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/Screenshot-89.png 1512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption id=\"caption-attachment-245883\" class=\"wp-caption-text\">(CoinGecko)<\/figcaption><\/figure>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">SOL\u2019s flash crash at 01:20, which briefly dropped prices to $144.93 on significant volume, was quickly followed by strong recovery buying. This points to a robust demand zone near $142 and adds weight to the ascending trendline now forming in SOL\u2019s technical structure.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">However, stabilization near $147.40 shows declining volume, signaling that bulls need more momentum to break through the upper resistance zone successfully.<\/p>\n<p>Long story short: American politics are a soap opera these days.<\/p>\n<p>European politics continue to be some mashup adaptation of Dante\u2019s Inferno and 1984.<\/p>\n<h2 id=\"what-crypto-to-buy-right-now-new-solana-layer-2-solx-is-closing-in-on-23m-raised\"><strong>Why is Crypto Crashing Right Now? New Solana Layer 2 SOLX Breaks $44m Raised<\/strong><\/h2>\n<p><iframe loading=\"lazy\" title=\"Last Chance To BUY SOLAXY... Next 100X Solana Gem?! $SOLX CRYPTO ICO\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/9-4nlcS9l2o?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Finally smashing through $44 million raised with $250,000 rolling in daily, the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/goto\/solaxy\" target=\"_blank\" rel=\"nofollow noopener sponsored\">$SOLX presale<\/a> shows no signs of slowing. The buzz suggests it could easily surpass that milestone as pro-Canadian crypto policies and Trump-era crypto strategies take shape. Elon-Trump feud be damned!<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">For early adopters, $SOLX offers a shot at a platform engineered for cross-chain DeFi, rapid dApp deployment, and robust multi-chain compatibility.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> SolX: Building the Future of Web3 <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f30d.png\" alt=\"\ud83c\udf0d\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>At SolX, we\u2019re redefining the decentralized economy, creating value for our community, and pioneering innovations in Web3 infrastructure. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f308.png\" alt=\"\ud83c\udf08\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>With milestones achieved and exciting plans ahead, the journey is just beginning.<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.1.0\/72x72\/1f48e.png\" alt=\"\ud83d\udc8e\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>\u2014 SolX (@SolX_DAO) <a href=\"https:\/\/twitter.com\/SolX_DAO\/status\/1884075025369817591?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 28, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/goto\/solaxy\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Solaxy\u2019s cross-chain bridge<\/a> with ETH is another draw for the presale. A new bridge links Ethereum\u2019s deep liquidity with Solana\u2019s breakneck speeds and lower costs.<\/p>\n<p>Meanwhile, the staking app is setting its own pace, boasting a staggering 322% APY. Over 3.48 billion SOLX tokens are locked away, bleeding supply and forcing some level of price stability into an otherwise chaotic market. Long-term investors might not find much flash here\u2014but the predictability is hard to ignore.<\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/goto\/solaxy\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Visit SOLX Here<\/a><\/strong><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p><span style=\"font-weight: 400\">    <\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n        <\/ul>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Call it the world\u2019s weirdest breakup: Elon and Trump. So why is crypto crashing? This is the reason why. <\/li>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/goto\/solaxy\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Solaxy\u2019s cross-chain bridge<\/a> with ETH is another draw for the presale. A new bridge links Ethereum\u2019s deep liquidity with Solana\u2019s breakneck speeds and lower costs.\u00a0<\/li>\n<p><\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\"><br \/>\n    <\/span><\/p>\n<p><span style=\"font-weight: 400\">    <\/span><\/p>\n<\/div>\n<p>    <\/span><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/why-is-crypto-crashing-dust-settles-over-sol-and-eth-after-musk-storm\/\">Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Call it the world\u2019s weirdest breakup: Elon and Trump. So why is crypto crashing? This is the reason why. The love fest between the two men could be over. They were fighting the entire time, but it finally hit a breaking point. Both egos are too big. Knives are out and coins like Solana and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-30598","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30598"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/30598\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}