$SOL is under significant pressure today, trading around $126-127, down ~10-11% in the last 24 hours. (TechStock²) This drop comes as a broader crypto sell-off collides with strong—but not enough—ETF inflows. (TechStock²)
Key technical levels:
The break below the $140 zone is a red flag; this was a major support. (TechStock²)
On the downside, $120 is now being eyed as a potential next support. (TechStock²)
CoinCodex projects average price levels around $140–$150 for the coming weeks. (CoinCodex)
Broader sentiment:
Despite the drop, ETF investors are still accumulating — SOL spot ETFs have recorded consecutive inflows. (TechStock²)
But leverage-driven selling and macro risk are weighing heavily in the short term. (CoinDesk)
Bottom line: Solana is in a tug-of-war: technicals are weak right now, but institutional interest via ETFs provides a counterbalance. If $140 isn’t reclaimed soon, we could test $120. On the flip side, sustained ETF demand could support a recovery.
#sol #BTCVolatility #USStocksForecast2026 #StrategyBTCPurchase #BTC90kBreakingPoint
