#SOL Solana is a bit precarious right now: SOL has held at $155.83 for a while, but the 50-day moving average is starting to turn down, and the 200-day moving average has already broken. The key point is that the OBV volume is starting to deteriorate, indicating that buying pressure is declining.

Opinions among the influencers are divided into two camps: the conservatives say that if $155 cannot hold, it may slide all the way down to $120 or even $80-85 (a drop of 60%); the optimists point out that this week, the Solana ETF received $70 million in a single day, with Bitwise BSOL contributing $66.5 million, indicating that institutions are still quietly bottom-fishing.
Short-term: The $150-155 line is particularly important. If it holds, it may rebound to $170-190; if it breaks, it will head straight to $120-125. In the long term, continuous net inflows from institutions suggest that although SOL has significant short-term volatility, the underlying demand remains.
Currently, this position is the kind of range that makes it hard to sleep—there could be a rebound, or it could break down, depending on the performance of the K-line in the next few trading days.