Shahzain_Islam

​Solana is currently at a critical junction. After a roller-coaster start to 2026, the "Ethereum Killer" is testing the nerves of every diamond hand in the space. Is this the ultimate "buy the dip" moment or a sign of more pain to come?
​📉 The Current Vibe: Fear vs. Fundamentals
The market is shivering from a recent 8% drop, pushing SOL below the psychological $80 mark. While the price action looks like a classic deleveraging event (with nearly $20M in longs liquidated), the on-chain story is telling a different tale:
​Institutional Inflows: Despite the price dip, CoinShares reports that Solana is still seeing net inflows (+$3.3M recently), bucking the trend of Bitcoin and Ethereum outflows.​The "Pacific Backbone": Big news today! Solana Company announced a massive low-latency infrastructure buildout across Asia (Seoul, Tokyo, Singapore), targeting institutional high-frequency traders.​Massive Price Targets: Some institutional research groups (DeFi Development Corp) just dropped a $10,000 long-term valuation model, treating SOL like a "Digital City."
​📊 Technical Levels to Watch
​The charts are screaming oversold, with the RSI dipping into "capitulation" territory.
​Crucial Support: $75 – $78. Bulls are fighting hard here. If this holds, expect a relief bounce toward $82–$85.​Major Resistance: $91. This is the "cost-basis supply wall." We need a daily close above this to invalidate the current bearish trend.​Bear Case: If $75 breaks with high volume, we might be looking at a retest of the yearly lows near $68.
​💡 Trader’s Strategy
​Spot Accumulation: If you believe in the ecosystem's long-term growth (DeFi, RWA, and high-speed APAC clusters), this "blood in the streets" is historically a reload zone.​Caution on Leverage: Funding rates have turned negative. Shorts are paying longs, which could set the stage for a massive short squeeze if a recovery starts.
​What’s your move? Are you loading up your bags at $78, or waiting for $70? 👇
​#solana #sol #CryptoNewss #BinanceSquare $SOL #StrategyBTCPurchase