Solana (SOL) shook off a swift sell-off to $205 on Tuesday, rebounding above $209–$216 as institutional-sized wallets scooped the dip while over-levered retail longs were 0 slide coincided with 1 jitters across risk assets, but crypto quickly mirrored equities’ intraday 2 Reading: Tether Scoops $1 Billion In Bitcoin, Strengthening $10-B Stockpile Order-flow dashboards (anchored CVD in the $1M–$10M bucket) show pro buyers adding on weakness, while funding briefly flipped negative—an attractive setup that encouraged fresh longs in spot and perps. SOL's price trends to the upside on the daily chart.) are gaining strength after a three-month upward 3 the same time, 1–3 month holders now control about 14.4% of the supply, the highest in five months, indicating growing short-term 4 “old guard 5 capital” conflict has effectively kept the price above the rising trendline, even as profit-taking episodes 6 flows remain the key 7 among market participants about asset-manager positioning ahead of an ETF decision, combined with ongoing builder activity in Solana DeFi, supports steady medium-term 8 Bitcoin dominance diminishes, high-beta L1s like SOL typically attract additional 9 Solana Break $214 Resistance and Target $232?
Technically, SOL regained its weekly median range after the flash crash, indicating underlying 10 support is at $206; breaking below it could open the door to $200, weakening the three-month bullish 11 Reading: Did Bitcoin Top? Top Trader Warns Of Brutal $98,000 Liquidity Sweep On the upside, $214 and $221 are the near-term barriers; a close above both could lead to the $232 target flagged by multiple 12 that, the larger pattern resembles ETH’s pre-$4,000 breakout, with $270 serving as the next major resistance if momentum picks up before or after the ETF 13 image from ChatGPT, SOLUSD chart from Tradingview
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