🚨 $SOL Just Had Its Strongest ETF Week EVER... And There's More 🔥

Guys, this is one of the strongest bullish Solana weeks I've seen recently from an institutional-flow + development perspective. US spot SOL ETFs pulled a record $188M weekly net inflow, every one of the 7 funds had inflows, and BSOL alone took about $128M / 68%. Friday also hit a record $87M daily inflow.

But before you get too excited, look at the data guys.

Derivatives are still mixed. SOL is around $118, OI fell from roughly 8.6M to 8.1M SOL, futures CVD is -17.7M, while spot CVD is +1.3M. Orderbook delta is positive: overall +39.3K, futures +84.3K, spot +17K. Taker flow is still weak at roughly 558K buy vs 866K sell, with L/S around 1.8, so longs remain crowded.

Liquidation liquidity is sitting around $117-$118, then $115-$116 below. Above, major liquidity is around $120.5-$122, then $123-$125+.

Now check spot money flow:

1H: -61,200 SOL
4H: +46,343 SOL
1D: +16,436 SOL
5D large flow: +559K SOL

So 1H is weak, but 4H, 1D and larger-wallet flow remain positive. That's why SOL's underlying spot structure doesn't look as weak as the leverage data.

And the bullish news doesn't stop there. Alpenglow is targeting roughly 150ms finality vs 12.8s currently, although it's still in testing and has no confirmed mainnet launch date yet.

But short-term price is still controlled by BTC + macro. Today $BTC is weak while oil pushed above $108, and US 10Y yield reached around 5.20%-5.23%, with 2Y around 4.90%. That's real risk for SOL short term.

My Configuration
Recommended Entry: $116-$117
Deep Pullback Entry: $114-$115
TP1: $120.5-$121.5
TP2: $123-$125
TP3: $126-$127+
SL: $113

I still lean LONG overall, but only after a deeper pullback or confirmation.

Best confirmation: $116-$117.5 holds + spot CVD stays positive + selling cools + OI starts rising with price.

✅ My take: $SOL fundamentals/spot demand look stronger than the recent leverage-driven price action. But don't fight BTC and macro. Let SOL come to the entry instead of chasing it.