The current price is $117 but yesterday it dropped to $110, why this volatility?
What supports a rise to $136?
1. A new upgrade called Alpenglow will make Solana much faster.
2. Solana ETFs have seen inflows worth $1.61 billion for 12 consecutive weeks.
3. Strong resistance is at $125. If we break it, the path is open to $130 then $136.
What supports a drop to $95?
1. Solana rose +14% this month and needs a healthy correction.
2. If Bitcoin breaks below $82,000, Solana will be the first to drop with it.
3. First support is at $114, then $108. If broken, we will see $105 and $95.
My view: We are in an accumulation phase between $114 and $125. The next move will be determined by Fed news and ETF flows.
Are you team $136 or team $95? Tell me in the comments.#SOL $BTC $BNB #FedMinutesFocusOnOctoberPause #IMFSaysTokenizedMarketsSmall
