🚨🤯 SOLANA ETFs JUST RECORDED THEIR 6TH CONSECUTIVE WEEK OF OUTFLOWS!
🏦 $32.1M flowed out last week.
That's approximately $197.4M in cumulative outflows across six consecutive weeks.
And the pressure doesn't stop there.
💥 Around $82.5M in $SOL positions were liquidated in 24 hours, with nearly 90% coming from LONGS.
🔍 MARKETLENS TAKE
Institutional outflows and aggressive long liquidations are putting SOL under pressure.
My chart-based expectation?
SOL could attempt a relief bounce, spend 1–2 sessions consolidating, and then face another pullback before a stronger recovery.
Levels I'm watching:
- ⚡ $79.5 — First recovery hurdle
- 🔻 $67.4 — Near-term downside level
- 🛡️ $60.1 — Previous swing low
- 🚀 $85 — Stronger bullish confirmation area
👇 SOL TRADERS:
Would you buy the bounce, wait for another dip, or demand a reclaim of $79.5 first?
#Solana #SOL #CryptoNews #MarketLens #crypto
🏦 $32.1M flowed out last week.
That's approximately $197.4M in cumulative outflows across six consecutive weeks.
And the pressure doesn't stop there.
💥 Around $82.5M in $SOL positions were liquidated in 24 hours, with nearly 90% coming from LONGS.
🔍 MARKETLENS TAKE
Institutional outflows and aggressive long liquidations are putting SOL under pressure.
My chart-based expectation?
SOL could attempt a relief bounce, spend 1–2 sessions consolidating, and then face another pullback before a stronger recovery.
Levels I'm watching:
- ⚡ $79.5 — First recovery hurdle
- 🔻 $67.4 — Near-term downside level
- 🛡️ $60.1 — Previous swing low
- 🚀 $85 — Stronger bullish confirmation area
👇 SOL TRADERS:
Would you buy the bounce, wait for another dip, or demand a reclaim of $79.5 first?
#Solana #SOL #CryptoNews #MarketLens #crypto
