My people! How's the vibe? Today I bring you some hot gossip from the crypto world that's going to make you think. If you're a fan of Solana [SOL], get ready! Because things are heating up.

It turns out that Solana's rally lost its strength, as if someone pulled the plug! 🔌 Those with a lot of cash invested in SOL, the famous "long-term holders" (that is, those who bought a long time ago and were holding onto their coins), are cashing out their profits in droves! The selling pressure is tough, folks.

But not everything is gloomy, eh! Despite the situation getting tough in the short term, there are new people coming to the Solana party! 🎉 This tells us that there is strong confidence in the future of this crypto, even though the momentum isn't the best right now.

The whales are unplugging again! 🐳

After a small breather on June 22, where it seemed like the "whales" (those who have millions of SOL) were going to buy again, bam! They sold again mercilessly. According to Glassnode, the net outflow of SOL was -491 million! 🤯 Imagine that amount of green cash leaving. This has been going on for a week now, a selling streak that doesn't stop!

When the price of SOL was around $140-$150, that's when these massive sales limited any attempts at rising. It's as if the big investors didn't want it to go above that for now! 🚫📈

There are new people arriving, but cautiously! 🐣

While the old investors are liquidating, the new ones are coming in full force! According to Glassnode, the number of new SOL addresses reached 5.44 million on June 22, the highest number in nearly two months! This is a clear sign that retail interest (that is, people like you and me) is rising rapidly, seeking long-term gains. 🚀

But here comes the "but"... by June 28, that number dropped to 3.35 million. It's not a total disaster, but it does show that the massive influx didn't hold. The hope is that these new users will stick around and be the next wave to absorb all that selling pressure being exerted by the big players. Let's see if they can withstand the downpour!

The momentum is there, but the "bulls" are scared 🐂

If we look at the short term, Solana is showing signs of wanting to recover. The RSI (an indicator to see momentum) is around 51, which means it's neutral. But the MACD (another indicator that tells you if the trend is bullish or bearish) has gone bullish for the first time in days! The histogram bars are painted green, which is a good sign that positive momentum is growing! 🟢

However, the trading volume remains calm, and the price candles don't show much conviction. The traders (those who buy and sell daily) are somewhat doubtful. It seems they don't want to fully commit until SOL breaks the $155 barrier. That's the magic number, folks! ✨

So, let's be alert! The future of Solana is at a crossroads. Will the demand from small users be able to withstand the selling pressure from the big players? Only time will tell!$SOL