Solana accumulation dey rise as SOL fall under $165
Solana don drop below $165 as on-chain data show say long-term holders dey increase their SOL accumulation. Glassnode talk say Hodler Net Position Change don increase by 102% since end of July, while Realized Profit/Loss Ratio drop to 0.15—a 30-day low—meaning say recent sellers lock loss and e show say dem fit give up near cycle lows. On-chain metrics for Solana dey match technical indicators: RSI dey 41.65, near oversold, and on-balance volume don flatten, meaning say selling pressure don reduce. These signs dey suggest say SOL fit dey form local bottom and fit bounce back when momentum change. Traders suppose dey watch SOL accumulation trend, the Realized P/L ratio and key technical levels for signs of stabilization and possible rebound.
Bullish
Di kombinashun of long-term holders dey pile up more SOL, low Realized Profit/Loss Ratio wey show sey people don give up, plus technical signs wey don reach oversold or flat, e be like sey di downward momentum fit dey reduce and local bottom dey form. For short term, less selling pressure and hodler activity fit make price stable and fit spark rebound. For longer term, steady accumulation by seasoned investors dey show sey confidence in Solana fundamentals dey grow, and if market-wide conditions better, e fit support sustained upward movement.