$SOL down to $84 before $93. Above $93 and I'm wrong.
Fear & Greed prints 28, down from 50 yesterday. That is the sentiment. The positioning is not washed out yet: long/short account ratio 3.67, funding still positive at 0.0035% per 8h, and taker buy/sell below 1 in five of the last six hourly prints. Price sits at 89.54, down 6.88% over 24h, with open interest 820M.
Crowded longs in an unwinding tape are fuel, not support. Which comes first, $84 or $93?
Fear & Greed prints 28, down from 50 yesterday. That is the sentiment. The positioning is not washed out yet: long/short account ratio 3.67, funding still positive at 0.0035% per 8h, and taker buy/sell below 1 in five of the last six hourly prints. Price sits at 89.54, down 6.88% over 24h, with open interest 820M.
Crowded longs in an unwinding tape are fuel, not support. Which comes first, $84 or $93?
