Current Market Snapshot

$SOL price trading near ~$98–$100 today, down sharply from highs, and showing a pullback from key resistance zones. 

• Market cap around $55B–$57B, significantly below the previous cycle high. 

📉 Technical Structure (Bearish Bias)

• Price is below major moving averages (20/50/200), indicating broader bearish trend persistence on higher timeframes. 

• Recent break below $100 and inability to hold above key support levels reflects weak momentum and increased selling pressure. 

• Some analysts note a possible descending channel pattern with lower highs, pointing to continued downside unless reversed. 

🛠 Key Chart Levels

Support zones:

• $95–$100 — local support and recent reaction lows. 

• $90 area — psychological and prior swing support. 

Resistance levels:

• $115–$130 — intermediate resistance cluster that must be reclaimed to shift structure. 

• $140–$150 — major barrier for bulls — failure here keeps the bearish narrative intact. 

📉 Momentum & Indicators

• RSI and technical indicators in some live data show mixed signals depending on timeframe, but overall price remains under selling pressure on daily charts. 

• A “death cross” formation (50 MA below 200 MA) is possible or forming, reinforcing bearish trends. 

📈 Bullish Considerations (Conditional)

• A clear daily close above $130–$140 with volume could flip short-term bias toward recovery and higher targets. 

• Oversold readings occasionally seen near lower supports suggest potential for short bounces. 

🧠 Market Sentiment & Risks

• Traders are cautious after recent market shocks and external events impacting sentiment. 

• Analysts warn that below certain support (e.g., <$120), stronger downside moves could accelerate. 

Summary: SOL is currently in a corrective phase with bearish technical structure. Immediate support around ~$95–$100 is key — if lost, deeper pullbacks may occur. A reclaim of ~$130+ would be needed for the bulls to regain trajectory, with higher targets beyond that depending on overall crypto market strength.#AISocialNetworkMoltbook #solana #ETFvsBTC #BTC走势分析