Solana (SOL) joined the broader crypto rebound after cooling US inflation data, climbing back toward $80.
According to some analysts, this could be the beginning of a more substantial rally that might push the price well beyond the psychological level of $100.
SOL Turns Bullish
The renowned analyst Ali Martinez claimed that the Average True Range (ATR) stop has flipped below price, marking the first SuperTrend buy signal on Solana since October 10.
He 相信 that if buying pressure continues to build, SOL could surge toward $96 and even $121. At the same time, Martinez paid close attention to the $60 level, noting that a drop below that support would invalidate the bullish setup.
Michael van de Poppe also chipped in, suggesting that the asset is at an important crossroads. He thinks that if SOL manages to keep its current valuation at around $77, it may trigger a much more substantial upswing. On the other hand, he warned that a drop below $73 could trigger a retest of the lows in the coming weeks.
Bloomberg’s James Seyffart pointed to a key regulatory development that may swing momentum toward the bulls. He revealed that Wall Street giant Morgan Stanley has filed updated documents to launch a Solana ETF with the ticker MSOL and a 0.14% fee. An eventual introduction of such a financial vehicle could draw additional investors into Solana’s ecosystem and benefit the price.
It is important to note that Morgan Stanley wouldn’t be the only behemoth offering that kind of a product, as Bitwise, Fidelity, Grayscale, VanEck, Franklin Templeton, Invesco, 21Shares, and Canary Capital have already jumped on the bandwagon. The cumulative net inflow into spot SOL ETFs to date has reached almost $1.15 billion.
Another Positive Factor
The prolonged bear market and unmet ecosystem expectations have recently pushed Solana’s fear, uncertainty, and doubt (FUD) to its highest level for 2026.
This means that sentiment among market participants is extremely negative, and most weak-hand investors have already exited. The development could be interpreted as bullish, since the price often reverses when fear peaks, suggesting that the cycle’s bottom might have been formed.
职位 Key Solana (SOL) Indicator Finally Flashes a Buy Signal: Can Bulls Push to $120? 首次出现在 加密土豆.














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