What is the probability of Solana dropping 95%: Support collapse or a desperate counterattack?
Solana (SOL) is mired in difficulties, with the current price dropping below $130, and the critical support at $125 is at risk! Technical indicators are screaming bearish, and Alimartinez warns: If the weekly super trend signal persists, it might replay the 95% crash nightmare. The network is plummeting, with TVL halving from $12.1 billion to $7 billion, and futures open interest shrinking by more than half, while bears crush hard, leaving bulls with little breathing room. Will SOL fall into the $10 abyss? Is this wave of 95% drop a gift for bottom fishing or a disaster?
The technical outlook is bleak, with $125 as the line between life and death.
The SuperTrend bearish signal has been like the grim reaper recently, and last week it triggered a 95% plunge in SOL, which has returned, putting the $125 support on the line. On-chain transaction volume plummeted from 71,738 to 24,505, with 41% of TVL evaporated, leading to a collapse of DeFi confidence. Futures open interest dropped from $8.57 billion to $4.03 billion, and negative interest rate financing exposes bearish hegemony. If $125 fails to hold, $100 is just around the corner, and with increased selling pressure, the $10 nightmare may come true. The technical outlook has sounded the alarm; do bulls still have the strength to turn things around?
95% crash or a glimmer of rebound? The market holds its breath!
If SOL cannot hold $125, a 95% crash peak may reenact historical tragedy; bulls react desperately, breaking through $130 or contracting in tight conditions. Binance exchange dynamics remain unaffected, but ecological weakness and selling frenzy make SOL walk on thin ice. This potential 46% drop is either a bear slaughterhouse or a good opportunity for bottom fishing? Follow + watch Zuye's live stream, and keep a close eye on every second of the life-and-death struggle of SOL!
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