On the morning of September 2, the 24-hour K-line for $SOL fell to around $99.70, with a larger decline than major coins. The price has already come close to the integer mark of $100; next, the market will watch whether this psychological level can turn into actual support.
The latest traded sample cluster is in the $99.64–$99.89 range, and the funding rate shows a split between positive and negative. With the price near a dense trading zone but sentiment not forming a consistent direction, this suggests that the market is re-pricing between longs and shorts rather than that a one-way conclusion has already been established. If the price can return above $100 and stabilize, the recovery signal will be clearer; if it continues to stay below that range, the weak structure will still need time to digest.
The chart reflects the current market condition and does not constitute any trading advice. $SOL #Solana #Crypto market
The latest traded sample cluster is in the $99.64–$99.89 range, and the funding rate shows a split between positive and negative. With the price near a dense trading zone but sentiment not forming a consistent direction, this suggests that the market is re-pricing between longs and shorts rather than that a one-way conclusion has already been established. If the price can return above $100 and stabilize, the recovery signal will be clearer; if it continues to stay below that range, the weak structure will still need time to digest.
The chart reflects the current market condition and does not constitute any trading advice. $SOL #Solana #Crypto market
