Solana Price Prediction: 150% rebound within the year short-term wedge risk vs long-term ETF benefits!
Solana has surged over 150% so far in 2025, outperforming most mainstream altcoins.
However, the daily chart shows that SOL has formed a rising wedge technical pattern, indicating a possible short-term pullback risk. #BinanceHODLerBARD
Short-term risk: Rising wedge
Pattern: Two upward trend lines narrowing usually indicates a potential reversal
Indicators: RSI contraction MACD death cross weakening momentum
Risk: If it breaks below the trend line, it may test the $200 support
Long-term benefits: ETF + upgrades + institutions
The probability of ETF is over 90% → If approved, it is expected to drive inflows from U.S. institutions and retail funds
Alpenglow upgrade → Enhance network throughput and PoS performance to improve on-chain usability
Institutional large holdings → Several funds and institutions have held tens of billions of dollars in SOL, providing strong long-term buying support #FedRateCut25bps
Key price level @苏哥618
Support level: $200
Resistance level: $239 (recent high)
Focus: Once the ETF is approved, the price structure may be completely rewritten
SOL may be spooked by technicals in the short term, but the logic behind institutions and ETFs is more solid than ever. #CryptoScamSurge
If $200 can hold, the next stop may be heading straight for new highs.
