Context:

$SOL is consolidating around 87–88 after failing to reclaim 90. BTC pushed back above 71k, while SOL is flat to slightly red. Relative pairs are weak again, with SOL/BTC and SOL/ETH both underperforming, confirming lack of follow-through.

Market state:

This is post-capitulation consolidation, not continuation. The bounce from 67.5 has stalled into a range. Lower timeframes are compressing, but higher timeframes remain bearish. Momentum has cooled, and volatility is contracting after the relief move.

Key levels:

  • Support: 85, then 80

  • Resistance: 90, then 95

Trader playbook:

  • Buy / DCA: no new size here; acceptable only on weakness toward support

  • Hold: fine while 85 holds, but expectations should be modest

  • Scalp: range conditions 85–89, quick in and out

  • Do nothing: still valid below 90 without acceptance

Risk:

Failure to hold 85 would confirm the bounce as corrective and reopen downside risk. Strength above 90 is required to shift the bias.

Note:

Capitulation created a floor, not a trend. Consolidation is doing its job. Direction comes next.