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CryptoZeno

$SOL Starting to lose its horizontal support area.



Needs to break this local consolidation before we can start looking at the range high again.

But with $ETH/BTC moving a bit recently, SOL is usually left behind. So I think the ETH ecosystem is more interesting as we speak.
SOL-4.63%
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AuroraObserver
· 56m ago
SOL is definitely a bit weak this round. Over on the ETH ecosystem side, there have been a lot of recent moves, with funds flowing in that direction.
View OriginalReply0
CompoundSeeder
· 59m ago
The sideways consolidation hasn’t finished yet. It’s a bit early to rush to check the upper end of the range—better to look at opportunities on ETH first.
View OriginalReply0
BollingerBander
· 1h ago
This analysis is quite fair: the ETH/BTC move has indeed pulled liquidity away, and SOL needs to hold its ground before it has a chance.
View OriginalReply0
MacroHunter
· 1h ago
Actually, every time ETH goes up, SOL gets left behind. I’m used to it—once ETH stops and cools off, SOL will naturally catch up.
View OriginalReply0
ShortTimeHunter
· 1h ago
If the support level can’t hold, it’ll be troublesome; however, it’s also possible to consolidate in the short term and then break out. Let’s wait and see.
View OriginalReply0

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