$SOL isn’t in “waiting for news” mode… it’s testing who has patience.
The price is near $83.4 after a drop of more than 30% from September levels, and the market is still selling every bounce.
This month brings an important event: Solana Breakpoint in London from November 15 to 17, with developer events and an AI summit beforehand. $FET
The network has also rolled out update #Alpenglow , which cuts transaction confirmation time to around 150 milliseconds and puts SOL in the real race for speed.
But good news alone won’t lift the price; SOL ETF funds recorded a second consecutive outflow of around $10.56 million.
The key level: holding above $83.85 could open the way to $85.7, then $87.6.
The risk: losing $81.15 opens the way to $79, then $76.3, and if $80 breaks, SOL could test around $70.
What’s expected? Sharp volatility around Breakpoint, with a potential technical bounce if $80 holds, but the overall trend remains bearish until proven otherwise.
💬 Is SOL building a bottom at $80… or will Breakpoint be another selling climax?
#sol #crypto
The price is near $83.4 after a drop of more than 30% from September levels, and the market is still selling every bounce.
This month brings an important event: Solana Breakpoint in London from November 15 to 17, with developer events and an AI summit beforehand. $FET
The network has also rolled out update #Alpenglow , which cuts transaction confirmation time to around 150 milliseconds and puts SOL in the real race for speed.
But good news alone won’t lift the price; SOL ETF funds recorded a second consecutive outflow of around $10.56 million.
The key level: holding above $83.85 could open the way to $85.7, then $87.6.
The risk: losing $81.15 opens the way to $79, then $76.3, and if $80 breaks, SOL could test around $70.
What’s expected? Sharp volatility around Breakpoint, with a potential technical bounce if $80 holds, but the overall trend remains bearish until proven otherwise.
💬 Is SOL building a bottom at $80… or will Breakpoint be another selling climax?
#sol #crypto