Canada's July Raw Materials Price Index Year-on-Year

Bloomberg Intelligence senior commodity strategist Mike McGlone has warned that Bitcoin (BTC) faces a critical test against gold that could shape investor flows for the remainder of 2025. Bloomberg IntelligenceHe pointed to a key ratio comparing Bitcoin’s value to gold, showing the world’s

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Based on the recent market performance of Solana (SOL), the short-term shows a positive rising trend. On the technical side, the one-hour chart displays multiple indicators releasing bullish signals. The moving averages are in a long positions arrangement, the MACD indicator remains in the positive range, and the DIF line continues to rise, all indicating that the current bullish strength is strengthening. However, investors also need to be aware that the RSI indicator is approaching the overbought zone, which may suggest a risk of a pullback in the short term. Therefore, under the current market conditions, it is recommended that investors consider positioning themselves to buy on dips, while also remaining vigilant and setting reasonable stop-loss levels. For specific trading strategies, you can pay attention to the support levels around $185 and $186.8 as potential entry points. If these levels are broken, subsequent resistance levels to look at could be $188, $190, or even $193. It is worth noting that the cryptocurrency market is highly volatile, and investors should thoroughly assess risks before making any decisions, taking into account their own investment goals and risk tolerance. In addition, market conditions change rapidly, and timely adjustments to strategies are also key to successful investing.

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