Ifeanyi Jesse 
Shiba Inu (SHIB) took an unexpected turn for the worse after failing to break through the local resistance level. Instead of continuing to go up, the token quickly went in the opposite direction of the regional 200-day moving average, which caused it to drop 8.8% in just two days.
This sudden change could worry investors because it could mean the asset isn’t getting the buying pressure to keep going up. The inability to break through the local resistance and the subsequent sharp drop could show a short-term bearish trend leading to more price drops.
Recent price action for Shiba Inu shows that prices can change faster, often a sign of a change in market sentiment or investor confidence. In this case, the market may have become more pessimistic about SHIB, which may have caused traders to sell their holdings and take their profits. This pressure to sell may be why the token’s value dropped quickly.
Solana (SOL) Enters Another Stagnation Period
Solana (SOL), a high-performance blockchain platform, is entering another period of stagnation because the trading volume on the market has dropped a lot. This drop in volume has made prices move less quickly, making investors and traders worried.
Since the FTX collapsed, Solana has had a hard time on the market because its primary driver is no longer there. This bad thing has made it hard for the project to keep going, and the network has run into several problems that have slowed its growth.
One of the biggest problems with Solana is that it often goes down and has technical issues. Multiple outages have happened on the network, which hurts its reputation as a reliable and scalable platform. These technical problems affect the people who use the forum and make new investors less likely to join the ecosystem.
Solana also has to deal with more competition from other blockchain platforms, especially Ethereum, which has similar features but is easier to use.
