Bad time for investors Solana (SOL)is that the network has suffered A strong collapse of its volume of 99%descending to the 14.5 million dollars and accusing one Fall of its value of 15.56% in a single day according to Ripley G en Ambcrypto.
This fall in volume is contrasted with the almost 2 billion dollars In last November during the cryptocurrency boom thanks to the triumph of Donald Trump.
For Sol, maintaining critical support levels has never been more crucial. With 100% of its erased post -elected earnings, what is at stake is a historical maximum.
Since it reached its peak of 295.83 dollars after the increase driven by the memecoin of TRUMPSolana has failed to establish a solid support base, leaving it exposed to an “extreme” bearish risk.
Meanwhile, cryptocurrency analyst Ali Martínez He highlighted a severe fall in the volume metrics of Solana, further weakening its price structure.
Sol, which was quoted at $ 139.70, now faces a critical turning point. A successful turn of this level towards support is essential to restore market confidence.
Not doing so, long -term holders (LTH) They could be forced to capitulate, especially because Solana has already eliminated almost 40,000 million dollars in market capitalization only this month.
While Solana’s volume data seemed to suggest that there would be no immediate supply crisis, excess liquidity remains a key factor. With almost 1,000 million dollars in total locked value (TVL) evaporating, a sustained recovery can continue to be difficult to reach, at least in the short term.
What awaits Solana?
In previous cycles, the bulls have failed to intervene during the falls, which has kept sunny in a persistent setback. This means that weak hands have emerged, which could prepare the stage for a new maximum of the cycle.
Solana chain volume metrics are reinforcing this perspective, increasing in two digits to 5,280 million dollars.
However, greater confirmation is needed in the next few days to establish a reversal of sustained trend. If the purchase impulse is not maintained, the 99% decrease in the volume of Solana transfer, combined with a weak upward support, could turn this movement into A short -term gain taking opportunity instead of a long -term accumulation phase.
For a significant rebound, a strong accumulation is essential to induce an offer shock, while absorbing excess liquidity in the market.
Solana volume metrics will be a key indicator to take into account for the confirmation of a possible trend reversion in the next few days.
Solana It lies red at noon on Friday at $ 131.35. 70 and 200 periods are maintained below the last eleven sails, down the 24 points and the MACD lines below the zero level.
Medium -term support is found at $ 129.71. Meanwhile, EI indicators are practically bassist.
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