🚨 $SOL dropped to $154.50 after breaking key trendlines due to concerns over potential U.S. tariffs. The futures market shows bearish pressure:
*/ Open interest down 2.47%
*/ $30M in long liquidations
*/ Weak spot buying volume
📉 Price action signals weakening momentum, but long-term fundamentals remain solid:
*/ Circle issued $250M USDC on Solana
*/ Solana processes 34% of total stablecoin volume
*/ Backed by a new $1B validator fund
🔮 Outlook Summary:
🔹 Short Term (1–2 weeks):
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Selling pressure may continue due to macro fears.
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$150–$145 support zone could be tested.
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However, long liquidations suggest a potential flush-out of weak hands.
→ Bearish bias possible, but panic selling not advised.
🔸 Mid Term (2 weeks–2 months):
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Consolidation likely as fundamental strength provides a floor.
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Weak volume implies sideways price action while macro noise settles.
→ Watch for accumulation signals during low volatility.
🔺 Long Term (3+ months):
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Solana’s strong USDC adoption and infrastructure growth (e.g., validator funding) point to long-term upside.
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As long as no direct regulatory crackdown occurs, the bullish macro structure remains intact.
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Once BTC resumes its uptrend, SOL may catch up quickly.
→ Current dip may represent a buying opportunity for long-term holders.
“Short-term volatility driven by macro headlines, but Solana’s on-chain fundamentals are strengthening. This correction could be a long-term entry opportunity.”
