๐Ÿš€ Solanaโ€™s Big Test Ahead


$SOL is stuck in a heavy sell zone between $170โ€“$203, keeping the market choppy since March. But the tide might be turning. With BTC dominance dropping from 66% โ†’ 61%, altcoin sentiment is heating up ๐Ÿ”ฅ. The Altcoin Season Index is flashing green, hinting we could be on the edge of an altseason.


On-chain tells a bullish story:

โœ… Positive funding rate for a month straight โ€” a macro bullish sign.

โœ… Futures OI hit an all-time high above $10B โ†’ traders are betting big.

โœ… Institutions are stepping in โ€” one Solana treasury secured a $500M credit line to stack SOL.

โœ… Whales keep accumulating. ๐Ÿ‹


Technicals? Weekly chart shows a make-or-break zone: hold above $170 and we could see a run to $200+, maybe $254 midterm. But watch out โ€” thereโ€™s also a macro head & shoulders and RSI divergence.


Bottom line: If $SOL breaks above $203, we might just witness fireworks. ๐ŸŽ‡ Until thenโ€ฆ accumulation and patience might pay off.