$SOL crashed 10% to $70.30 — $69M liquidated in a day, 97% longs — hours before Breakpoint opens in London.
Source: CoinGlass via CoinTurk 23:46 UTC; Finnhub 23:55 UTC.
BTC fell 6% too, but SOL fell hardest of the majors. Open interest fell 11.4% to $4.21B, funding negative everywhere — longs are leaving, not buying; ETFs agree, 7 straight days out.
$70.58 is now the line: hold below it and $65 opens; a close above $74.85 kills the breakdown. Does SOL bounce on its own stage, or sell the event? $SOL , $70.58 decides it.
Not financial advice. DYOR.
#SOL #CryptoNews #Solana
Source: CoinGlass via CoinTurk 23:46 UTC; Finnhub 23:55 UTC.
BTC fell 6% too, but SOL fell hardest of the majors. Open interest fell 11.4% to $4.21B, funding negative everywhere — longs are leaving, not buying; ETFs agree, 7 straight days out.
$70.58 is now the line: hold below it and $65 opens; a close above $74.85 kills the breakdown. Does SOL bounce on its own stage, or sell the event? $SOL , $70.58 decides it.
Not financial advice. DYOR.
#SOL #CryptoNews #Solana
