$SOL Alpenglow is live but ETFs are bleeding. That's the tension I'm watching. The upgrade cut slot times to 200ms, yet Solana ETFs saw $26.2M outflows this week, the fifth straight week of redemptions. Price dropped to 89.38, down nearly 1% today.
But here's the thing: new addresses surged 124% and funding flipped negative, meaning shorts pay longs. That's a squeeze setup if 89 holds. I'm leaning bullish only if we reclaim 91.62. Below that, outflows win. Support is 89, resistance is 91.62. If 89 breaks, next level is 88. If we pop through 91.62, the squeeze could run to 96. Still, outflows are the risk. Are you fading this bounce or waiting for 91.62?
The pump is easy to see. The reason and the next move are not. Follow for both. #SOL #Solana #Crypto
But here's the thing: new addresses surged 124% and funding flipped negative, meaning shorts pay longs. That's a squeeze setup if 89 holds. I'm leaning bullish only if we reclaim 91.62. Below that, outflows win. Support is 89, resistance is 91.62. If 89 breaks, next level is 88. If we pop through 91.62, the squeeze could run to 96. Still, outflows are the risk. Are you fading this bounce or waiting for 91.62?
The pump is easy to see. The reason and the next move are not. Follow for both. #SOL #Solana #Crypto
