sol

I just loaded a significant $SOL position and for the first time ever, I’m doing it with full conviction, not hype. On the weekly timeframe, RSI is sitting at the exact same level it was when SOL traded around $8 in 2022. On the 3-day chart, RSI is even slightly lower than that cycle bottom. From a momentum perspective, this is not a crowded trade it’s a historically rare condition that has only shown up near major inflection points.
This is what real accumulation looks like. Price compresses, sentiment disappears, narratives turn toxic, and participation dries up. That’s when long-term positions are built. Every cycle, the market offers these moments, and every cycle, most people talk themselves out of taking them. Fear feels rational at lows, just like FOMO feels rational at highs.
Nothing here requires perfection. It doesn’t require catching the exact bottom or predicting the next candle. It’s about recognizing asymmetry when it appears and having the patience to act when conviction is uncomfortable. Opportunities like this are obvious in hindsight but they are never obvious in real time.
Markets don’t reward consensus. They reward positioning.
What’s your view on $SOL at these levels accumulation zone or dead money?

In the chart $SOL we see the history of a sharp downward impulse that seems to have reached a zone of temporary exhaustion. After a rapid decline, the price entered a phase of sideways movement, forming a clear local 'floor' around $89.30. This is the first serious attempt by buyers to defend the level after the storm.

I just loaded a significant $SOL position and for the first time ever, I’m doing it with full conviction, not hype. On the weekly timeframe, RSI is sitting at the exact same level it was when SOL traded around $8 in 2022. On the 3-day chart, RSI is even slightly lower than that cycle bottom. From a momentum perspective, this is not a crowded trade it’s a historically rare condition that has only shown up near major inflection points.
This is what real accumulation looks like. Price compresses, sentiment disappears, narratives turn toxic, and participation dries up. That’s when long-term positions are built. Every cycle, the market offers these moments, and every cycle, most people talk themselves out of taking them. Fear feels rational at lows, just like FOMO feels rational at highs.
Nothing here requires perfection. It doesn’t require catching the exact bottom or predicting the next candle. It’s about recognizing asymmetry when it appears and having the patience to act when conviction is uncomfortable. Opportunities like this are obvious in hindsight but they are never obvious in real time.
Markets don’t reward consensus. They reward positioning.
What’s your view on at these levels accumulation zone or dead money?
#sol #solana #sol板块

Solana is still struggling in early February, dropping close to 30 percent over the last month and moving within a falling channel that keeps getting weaker. The price keeps sliding toward the bottom of this range as long term confidence slowly disappears
At the same time staking inflows have dried up exchange demand is cooling off and short term traders are stepping back in. All of this points to more SOL sitting ready to be sold right when chart support is starting to break down
Staking Collapse Meets Descending Channel Breakdown Risk
Solana recent drop is getting worse as staking activity falls hard. The staking difference metric looks at how much SOL is added or removed from staking each week where positive means more people are locking tokens and negative means more are pulling them out
Back in late November confidence was high. In the week that ended November 24 staking wallets added more than 6.34 million SOL showing a clear period of heavy accumulation
That momentum has completely flipped. By mid January staking started flowing out instead of in. For the week ending January 19 about 449k SOL was unstaked and by February 2 that number jumped to around 1.15 million SOL meaning unstaking grew by roughly 150 percent in just two weeks
This shows more SOL is being pulled out of staking and put back into open supply. Once unlocked those tokens can quickly head to exchanges and be sold which adds extra pressure on the price downside
This drop is unfolding while price sits close to the bottom of its falling channel where a breakdown of around 30 percent is still on the table
With SOL sitting around 96 dollars the mix of weak chart structure and more coins hitting the open market is a risky situation. If sell pressure picks up that support level could easily give way
Exchange Buying Slows as Speculators Increase Exposure
The drop in staking is now showing up in exchange movement too. The exchange net position change measures how much SOL is moving in or out of exchanges over 30 days where negative means coins are leaving for holding and higher numbers mean buying pressure is fading
On February 1 the number was around minus 2.25 million SOL which showed heavy buying and coins leaving exchanges. By February 3 it had faded to about minus 1.66 million SOL meaning outflows fell almost 26 percent in just two days and accumulation is cooling off
This slowdown in buying is happening at the same time unstaking is picking up, putting more SOL into circulation. When supply grows and demand drops the price is at higher risk of steep falls
Meanwhile short term trading and speculation are picking up
HODL Waves data, which tracks wallets by how long they hold, shows the one-day to one-week group grew from 3.51% to 5.06% between February 2 and 3. This segment represents short-term SOL holders who usually buy during swings and sell fast.

A similar pattern showed up in late January. On January 27 this short-term group controlled 5.26% of SOL when the price was around 127 dollars. By January 30 their share fell to 4.31% as the price dropped to 117 dollars, a decline of almost 8 percent.
This trend indicates that traders are aiming for quick gains instead of holding for the long term, making it more likely that any price spikes won’t last.
Key Solana Price Levels Still Point to $65 Risk
The charts reflect the same weakness as the on-chain data. SOL is still stuck in a falling channel that has pushed prices down since November. After breaking the key 98 dollar support, it’s now around 96 dollars, near the bottom of the channel.
If this support breaks, the next significant target is around 67 dollars according to Fibonacci levels. A further drop could reach about 65 dollars, matching a full 30 percent channel breakdown.
On the upside, bouncing back looks tough. SOL first needs to get back above 98 dollars, then face stronger resistance around 117 dollars, which blocked several rallies in January. A steady move past 117 would be needed to break the bearish trend.

Until that happens, the risk of further losses stays high.
As staking drops, exchange demand slows, and short-term trading picks up, more SOL is coming back into the market while chart support fades. Without renewed long-term buying, Solana could still fall further toward 65 dollars.
#Binance #sol

Lets see
Short Entry
$90 – $92
Stop-Loss
$102 – $105
Take Profit 1
$80 – $83
Take Profit 2
$72 – $75
Take Profit 3
$63 – $68
#sol