Solana price stuck at $155 despite 12-day SOL ETF inflow streak
Solana price holds steady at around $155 for a 12-day ETF inflow streak even as crypto markets remain bearish. SOL ETF inflows have totaled $368.5 million since Oct 28, with $18 million added on Nov 12 led by Bitwise’s BSOL ($12.46 million) and Grayscale’s GSOL ($5.59 million). In contrast, Bitcoin and Ethereum ETFs recorded outflows of $278 million and $184 million, highlighting shifting investor appetite.
Technical indicators remain negative: the RSI stands at 37 and MACD is in bearish territory. Solana price faces immediate support at $150.42 and resistance at $162 and $173. A clear break above or below the $150–$162 range could define the next trend. Traders should monitor these levels and ETF flow dynamics for potential trading opportunities.
Neutral
Despite a sustained 12-day SOL ETF inflow streak totalling $368.5 million, Solana price has remained range-bound around $155. ETF inflows normally signal bullish sentiment, but persistent bearish technical indicators (RSI at 37, negative MACD) and lack of a decisive breakout suggest indecision among traders. Historically, similar ETF inflow momentum—such as early Bitcoin ETF flows—often preceded price rallies once key resistances were broken. Here, Solana’s immediate support at $150.42 and resistance at $162 must be breached to confirm a directional bias. Until then, the market outlook remains neutral, with potential for either a rally or further consolidation depending on upcoming flow data and technical signals.