$SOL dropped 4.26% to $81.6, underperforming the broader market as risk-off sentiment hit high-beta altcoins harder, with BTC down only 1.6%. The move appears sentiment-driven rather than catalyst-based, as volume remained muted and no SOL-specific news emerged, reinforcing the idea of beta-led selling in an “extreme fear” environment.
Technically, $SOL is approaching a critical $80 psychological support while sitting in near-oversold territory (RSI ~34); holding this level could spark a short-term relief bounce toward the $83–84 zone, but a clean breakdown risks exposing the $75 support next.
With $SOL ’s fate closely tied to Bitcoin’s direction, will bulls defend $80 and trigger a bounce, or does another leg lower still lie ahead?
SOLUSDT
Διην.
83.16
-3.85%