Yesterday, SOL spot ETF saw another outflow of more than $1.27 million, marking the third consecutive net redemption in recent days. Honestly, these institutional guys are faster at reacting than anyone else. Continuous bleeding definitely isn’t random—at least it shows they don’t have confidence in SOL in the short term.

The market is also indeed weak right now: funding rates are flat and nobody dares to take on leverage. Technically, if that daily support level can’t be held, the downside space may not look good. ETF flows are usually more sensitive than spot, and we can’t pretend we didn’t see this signal.

For resistance, watch the sell-off zone on the daily chart; for support, keep a close eye on the buy zone below. If that breaks, the magnitude of the correction could increase.

In any case, I don’t see any sign of “Solana Summer.” Institutions are exiting, so retail traders shouldn’t force a storyline.
#特斯拉持有11509枚BTC近四年未动