$SOL is nearing the 61.8% Fibonacci retracement at $79.38, which sits within the broader target zone of $76.76–$87.77. Solana continues to follow Bitcoin’s price action, and further downside remains possible as BTC is also expected to move lower. The short-term outlook has remained bearish over the past few weeks. However, the bigger picture still leaves room for a stronger recovery in circle wave C of wave b once circle wave B is complete. #Solana #SolanaETF