SOLANA 200 Roadblock — But Long-Term Holders Step Up
$SOL SOL is currently trading below $200, but on-chain data indicates a bullish shift: 5M #SOL ($905M) has just matured into long-term holder status.
💡 Why it matters:
• Long-term holders sell less → reduced pressure
• More coins locked up → increased scarcity
• Signals stronger belief in Solana’s future
⚠ Short-term challenge: Capital outflows (CMF negative) are still weighing on price, keeping SOL near $180.
👉 If SOL holds above $175, a rebound toward $189–$200 is possible. But dropping below $175 risks a slide to $163. #Altcoin Season#MarketPullback #StrategyBTCPurchase