#CPIWatch $SOL Here is the breakdown for your spot trading strategy on Binance:

1. Market Snapshot (Current Status)

Current Price: Approximately $86.00 – $86.50.

Recent Trend: Bearish. SOL has dropped significantly (over 30-40%) in the last 30 days, mirroring a broader market correction where Bitcoin fell below $61,000.

Sentiment: "Extreme Fear" or "Indecision." While the long-term fundamentals remain strong (new consensus models like Alpenglow), the short-term price action is struggling to reclaim lost ground.

2. Trading Strategy: Hold or Sell?

The decision depends on your entry price and your timeframe:

If you are in PROFIT: Consider selling a portion (25-50%) to secure gains. The market is currently rejecting resistance at $88. If it fails to break $90, it could drop back to test $70.

If you are at a LOSS (Long-term Holder): HOLD. Selling now would be selling near a "structural floor." Solana is testing major multi-year support levels ($75–$80). Historically, selling at these levels often precedes a "relief bounce."

For New Buyers (Spot): Wait for a clear breakout above $88.00 with high volume to confirm the trend has flipped to bullish.