I just followed some on-chain signals regarding Solana and found it quite unstable. The current SOL price is around $83.69, but recent cryptocurrency news suggests that selling pressure is increasing. The Coin Days Destroyed (CDD) indicator shows that long-term investors are suddenly moving tokens, which often happens before a price drop.

The good news is that trading volume on exchanges has also surged significantly in the past few weeks, according to crypto analysis sources. This indicates that many people might be preparing to sell. Coupled with the fact that SOL tested the $100 level but couldn't break through, the situation doesn't look very positive.

By the way, it seems that long-term investors are also starting to withdraw. The HODLer Net Position Change index has turned negative, indicating that even long-term holders are beginning to sell off. I am monitoring related crypto news to see if anything changes.

Overall, although Solana has a solid technical foundation and benefits from positive macro trends, the short-term market is quite weak. The chances of SOL breaking through $100 in the near term seem very low. Instead, I expect traders to take advantage of rallies to take profits, adding downward pressure. Be cautious with crypto news during this period.