$SOL tested patience right when confidence felt comfortable.
A $17.24K long liquidation around $97.48 stands out not just for size, but for timing. It’s like carrying a full cup of tea and stumbling on the last step most of the walk was fine, but that final moment mattered. Traders leaned on the idea that this level would hold, and a brief dip was enough to unwind those positions.
This doesn’t automatically point to a deeper slide, but it does show how crowded expectations were near this price. When too many people agree on support, the market often checks that agreement. The real signal will come from how $SOL behaves if it revisits this zone with fewer eager longs.
Do you think this was a healthy reset, or a sign that this level needs more time to rebuild trust?
SOL
104.58
+3.09%