$SOL Holding $80 While ETF Flows Rotate Into Altcoins
Recent ETF data is starting to show a shift in positioning.
May 29 flows: • BTC: -$125.3M
• ETH: -$18.0M
• SOL: +$1.3M
• XRP: +$11.88M
While BTC and ETH continue seeing outflows, capital is still moving into select altcoin ETFs.
That divergence matters.
On the chart, SOL continues defending the $80-$82 support region while forming a 4H falling wedge with bullish RSI divergence.
Key levels: • $85 = breakout confirmation
• $97.6 = next major upside target
Our view:
Strong assets usually absorb liquidity before the broader market narrative changes.
As long as SOL holds above $80, bullish structure remains intact.