Bitcoin tops $80,000, solana jumps 8% but rally now runs into overbought warning

BREAKING: Bitcoin tops $80,000 and Solana jumps 8% as the crypto rally extends, though traders now warn the market is running into overbought territory.

Bitcoin just cracked eighty thousand dollars. And Solana went along for the ride, up eight percent on the day as the whole crypto board turned green.

The rally's been building for a while, but this is the number that gets people who don't trade texting people who do. You can already feel it, and you can see it here, the ATMs at the airport are about to get busy again.

Here's what I'd actually pay attention to though. Traders are flagging overbought conditions across the market, which is the polite way of saying everyone who wanted in got in fast, and the buying that pushed us here can't run at this pace forever. Solana's eight percent pop is exactly the kind of move you see near the top of a hot streak, and near the start of one. Nobody rings a bell to tell you which.

Eighty thousand is the headline. What the market does when the momentum crowd takes profit, that's the story.

This is Liu Yang, reporting for HIT.