Solana’s Price Secret: Traders Are Going NUTS!

by

Solana [SOL] just took the crown as the most profitable blockchain in 2025, leaving Hyperliquid [HYPE] in the dust. $1.3 billion in revenue? More like $1.3 billion in drama, am I right? 🤡

But then, just when you thought you could finally relax, the 10/10 crash hit like a bad ex. SOL dropped below $200, and now it’s a bear’s playground. 🐻‍❄️

Meanwhile, the bulls and bears are locked in a high-stakes game of tug-of-war at the $120 level. Who will win? The answer is probably no one. 🤷‍♀️

Bulls vs. Bears: The $130 Showdown You Can’t Miss!

The 1-day chart is as bearish as my mood after a coffee shortage. To turn bullish, SOL needs to close above $127.87. Good luck with that, brave souls! ☕

CMF is so negative, it’s basically a sad emoji. Heavy selling pressure? More like a sob story. 😭

DMI is as confused as a cat in a dog park. A move past $130 might just be the spark they need. 🌟

Should Traders Expect a Bullish Reversal? (Spoiler: Probably Not)

The downtrend is slowing down, but not enough to make anyone optimistic. It’s like a turtle on a treadmill. 🐢

This outcome did not seem likely at press time, but traders need to be open to the possibility. Because nothing says “hope” like a 10% chance. 🤞

Traders’ Call to Action – Wait for a Breakout, or a Breakdown

The market is in a holding pattern. Wait for a breakout or a breakdown-your choice, but don’t blame me if you’re stuck in limbo. 🤷‍♂️

Swing traders can wait for a move beyond the range to catch the next impulse move. Or just take a nap. Either works. 😴

Final Thoughts

  • Solana’s 2025 performance is impressive, but a bullish reversal? It’s like expecting a unicorn to rain glitter. 🦄
  • Bitcoin needs to rally, and the market needs to stop acting like a drama queen. Not holding my breath. 🙃

Read More

2026-01-01 11:08