Entering the Fed week is clearly visible from the BTC chart’s condition. Altcoins are poised for heightened volatility. What are the expectations for this week, and what is a reasonable scenario? How are the cryptocurrencies expected to perform? This article examines where Solana $144 (SOL), Chiliz ( CHZ ), and CEEK Coin might reach in dollar terms this week.
Solana (SOL)
Solana Coin experienced a dramatic turnaround after nearly hitting $8, charting an impressive trajectory distinct from other altcoins and enjoying a bull season of its own. Investors who purchased Solana below $10 saw gains exceeding 30 times, a reasonable return for bull markets.
With Trump’s presidency opening pathways for U.S.-based cryptocurrencies, and the possibility of spot ETFs increasing with CME listings, Solana might carve out a new all-time high peak later this year. But what will unfold this week? The landscape for all altcoins looks challenging, driven by several factors:
- Fed continues to avoid rate cuts as tariffs raise inflation concerns.
- Trump’s rate cut push could threaten the Fed’s independence.
- Friday’s data balanced recession worries.
- Consumer inflation expectations peaked recently, alarming the Fed.
- Employment remains near peak levels, prompting a focus on inflation as tariffs boost U.S. labor demand.
- Rate cut expectations for June are delayed among major financial institutions.
The list goes on, but the essence is this: Fed seems unlikely to appease cryptocurrency investors this week. Breaking the downward trend demands seeing Bessent’s initial tariff agreement.
The $138 level is critical for SOL Coin, serving as a key point if the selling wave accelerates, with 124 and 102 dollars expected as newer lower wicks.
CHZ Coin and CEEK Analysis
CEEK Coin has been expected to reach new all-time low levels in the medium and long term, which has come to pass over the past two years. If it drops below $0.01351, CEEK Coin may see new lows under $0.01236. However, with weak volume and liquidity, speculative upper wicks could reach up to $0.01983 amidst a positive market atmosphere.
CHZ Coin remains stagnant, trading at $0.0389. This year’s first two quarters provided opportunities, but Trump delivered an adverse surprise. As of this article’s preparation, Lutnick remarked, “the first trade agreement is coming soon,” backing the above scenario.
For CHZ Coin, in the optimistic case, closures above $0.04956 should restart. If not, it risks new downturns toward $0.0347 or $0.3.
