Solana Price Under Pressure as Analysts Warn of $100 Support
Solana price has fallen to $125 amid broad market volatility triggered by Bitcoin’s slide below $85,000 and $2 billion in liquidations. Over the past month, SOL is down 30%, losing its $130 support. Analyst Ali predicts a test of the critical $100 support level, where a hold could signal a rebound, while a break may drive further losses. Despite the downturn, Solana-based ETFs have seen 18 consecutive days of inflows, contrasting with Bitcoin ETF outflows after four days. These inflows reflect investor confidence in Solana’s long-term prospects, although short-term price action will hinge on wider market stability and ETF demand.
Bearish
Analysts’ bearish view on Solana price stems from a 30% monthly slide and breakdown of the $130 support following Bitcoin’s decline. Historical patterns show altcoins often follow BTC moves, so further SOL weakness is expected if the $100 support fails. The contrast between robust Solana ETF inflows and broader market outflows suggests selective investor confidence. In the short term, sustained volatility and liquidation pressures may drive SOL lower. However, if the $100 level holds and ETF demand continues, a rebound could materialize. Long-term market behavior will depend on Bitcoin stability and institutional ETF flows, mirroring past recoveries after deep corrections.