Solana [SOL] stalls at range highs as market panic overrides capital inflows

ambcryptoОпубликовано 2026-03-01Обновлено 2026-03-01

Введение

Solana (SOL) experienced a strong rally earlier in the week, surging 21.78% from $75.6 to $92.1 within 32 hours. However, the rally stalled near range highs, and SOL has since retreated toward range lows. Market sentiment turned fearful following Bitcoin's sell-off, with panic selling driven by geopolitical tensions. Key indicators reflect bearish pressure: Open Interest and funding rates are negative, and the spot CVD confirms selling pressure. The Coin Days Destroyed metric has trended higher, indicating sellers are using price bounces to exit. Although the Chaikin Money Flow shows slight inflows and the MFI is oversold, the overall market remains precarious. The weekly structure is bearish, with SOL breaking below the March 2025 low of $95. The next long-term target could be $47.93. Traders are advised to maintain a bearish bias, watching for a breakdown below the range lows. Bitcoin's ability to defend $64k and recover above $66k may offer some bullish momentum, but SOL's key level to monitor is $76.

Solana [SOL] recorded a strong rally earlier in the week. The move from $75.6 to $92.1 was a 21.78% bounce made in just 32 hours of trading. Unfortunately for the bulls, Solana has been trading within a range for most of February.

The rally stalled out just past the range highs, and at the time of writing, was back near the range lows once again.

The market sentiment after Bitcoin’s [BTC] sell-off was extremely fearful. Panic selling was rampant due to fears of war escalation too. Solana buyers likely won’t be benefiting from this development.

The falling Open Interest and negative funding rates showed bearish SOL derivatives traders. The falling spot CVD confirmed the short-term selling pressure.

Selling has been prevalent throughout February

Solana‘s Coin Days Destroyed metric trended higher towards the beginning of February. Compared to the spike in CDD that accompanied the price drop from $128 to $67.5, the recent hike in CDD appeared more measured.

The metric served to warn that sellers were eager to use any price bounce to exit the market.

Swing traders should not be fooled by the range formation mentioned earlier. Yes, the price was approaching the local floor. The CMF was at +0.06 to signal capital inflows, and the MFI dived into oversold territory.

At the same time, the market might be in a more precarious spot overall.

Traders’ call to action – Expect a breakout below the short-term range

The weekly swing structure was bearish, and the March 2025 low at $95 has been decisively breached. The next long-term price target, according to the extension level, would be $47.93.

Therefore, traders should remain bearishly biased. A risky move would be to wait for the range lows to be retested as resistance before going short.

Bitcoin’s defense of the $64k-level and recovery above $66k would be an early sign that momentum was favoring the bulls. SOL traders should keep an eye on the $76 range lows, as well as on BTC’s short-term momentum.

Final Summary

  • 7-day moving average of the Coin Days Destroyed metric climbed higher over the past week, signaling a hike in selling on-chain.
  • Short-term range formation is likely to be breached by selling pressure next week.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Связанные с этим вопросы

QWhat was the percentage increase in Solana's price during its recent rally from $75.6 to $92.1?

AThe price increase was 21.78%.

QWhat two key metrics indicated bearish sentiment among SOL derivatives traders?

AThe falling Open Interest and negative funding rates indicated bearish sentiment among SOL derivatives traders.

QWhat does the recent hike in the Coin Days Destroyed (CDD) metric suggest about seller behavior?

AThe recent hike in the CDD metric suggests that sellers were eager to use any price bounce to exit the market.

QAccording to the article, what is the next long-term price target for SOL if the bearish structure continues?

AThe next long-term price target, according to the extension level, would be $47.93.

QWhat two factors should SOL traders monitor closely in the short term, as mentioned in the article?

ASOL traders should monitor the $76 range lows and Bitcoin's short-term momentum.

Похожее

$500 Into Little Pepe (LILPEPE) Could Explode to $500,000 as 1000x Hype Builds Around Presale

Little Pepe ($LILPEPE) is a popular presale cryptocurrency project that has raised over $28 million, with speculation it could yield 1000x returns. An investment of $500 could potentially grow to $500,000 if the token achieves significant post-launch growth. Currently in Stage 13 priced at $0.0022, the project operates on a Layer 2 Ethereum-compatible blockchain, offering zero-tax trades, anti-sniper bot protection, staking, and DAO governance. To boost engagement, Little Pepe is running a $777,000 giveaway with prizes including ETH and tokens. While the project shows high upside potential due to its utility and presale performance, it also carries elevated risks typical of speculative crypto investments.

TheNewsCrypto11 мин. назад

$500 Into Little Pepe (LILPEPE) Could Explode to $500,000 as 1000x Hype Builds Around Presale

TheNewsCrypto11 мин. назад

Little Pepe (LILPEPE) vs Bonk—Cross-Chain Meme Coin Battle Heats up as Demand Surges

The meme coin competition is shifting from community hype to technological and ecosystem advantages. This analysis contrasts Bonk, an established token on the Solana network known for its speed and low costs, with the newer Little Pepe ($LILPEPE), currently in its presale phase. Bonk leverages its mature community and Solana's infrastructure, while Little Pepe differentiates itself with a Layer 2 Ethereum solution promising tax-free trading, staking rewards, and enhanced scalability. To drive engagement, Little Pepe is offering substantial giveaways totaling $777,000. Both coins, despite their different strategies—Bonk as a proven ecosystem and Little Pepe as an early-stage utility project—are capturing significant market attention as demand surges.

TheNewsCrypto1 ч. назад

Little Pepe (LILPEPE) vs Bonk—Cross-Chain Meme Coin Battle Heats up as Demand Surges

TheNewsCrypto1 ч. назад

Crypto Crime Hit Hard: $700 Million Frozen By DOJ Strike Force

A US law enforcement task force has frozen over $700 million in cryptocurrency linked to investment scams targeting Americans. The operation, which involved cooperation from crypto exchanges and legal processes, also took down more than 500 fraudulent websites and a Telegram channel used to recruit victims. Two Chinese nationals were named in arrest warrants for operating a scam compound in Burma. In a related move, the US State Department announced a $10 million reward for information disrupting scam centers in Burma. Singaporean authorities, alongside major crypto exchanges and analytics firms, also prevented nearly $3 million in losses through a parallel operation. The scale of cybercrime remains vast, with the FBI reporting over $20 billion in losses in 2025.

bitcoinist2 ч. назад

Crypto Crime Hit Hard: $700 Million Frozen By DOJ Strike Force

bitcoinist2 ч. назад

Toncoin Fees To Drop 6x As Network Moves Toward Feeless Transactions

Telegram founder Pavel Durov announced that the Toncoin (TON) network will reduce transaction fees by six times in one week, lowering the cost to just 0.00039 TON (approximately $0.0005). This fee reduction is part of the "Make TON Great Again" (MTONGA) roadmap and will remain fixed regardless of network congestion. The update follows a recent upgrade that made the network 10 times faster and transactions nearly instant. Durov also hinted that future steps aim to make most transactions fully feeless. Although Telegram discontinued formal involvement with TON due to regulatory issues, Durov remains a strong supporter. Currently, Toncoin is trading around $1.30, down over 8% in the past week.

bitcoinist2 ч. назад

Toncoin Fees To Drop 6x As Network Moves Toward Feeless Transactions

bitcoinist2 ч. назад

a16z: AI's 'Amnesia', Can Continuous Learning Cure It?

The article "a16z: AI's 'Amnesia' – Can Continual Learning Cure It?" explores the limitations of current large language models (LLMs), which, like the protagonist in the film *Memento*, are trapped in a perpetual present—unable to form new memories after training. While methods like in-context learning (ICL), retrieval-augmented generation (RAG), and external scaffolding (e.g., chat history, prompts) provide temporary solutions, they fail to enable true internalization of new knowledge. The authors argue that compression—the core of learning during training—is halted at deployment, preventing models from generalizing, discovering novel solutions (e.g., mathematical proofs), or handling adversarial scenarios. The piece introduces *continual learning* as a critical research direction to address this, categorizing approaches into three paths: 1. **Context**: Scaling external memory via longer context windows, multi-agent systems, and smarter retrieval. 2. **Modules**: Using pluggable adapters or external memory layers for specialization without full retraining. 3. **Weights**: Enabling parameter updates through sparse training, test-time training, meta-learning, distillation, and reinforcement learning from feedback. Challenges include catastrophic forgetting, safety risks, and auditability, but overcoming these could unlock models that learn iteratively from experience. The conclusion emphasizes that while context-based methods are effective, true breakthroughs require models to compress new information into weights post-deployment, moving from mere retrieval to genuine learning.

marsbit2 ч. назад

a16z: AI's 'Amnesia', Can Continuous Learning Cure It?

marsbit2 ч. назад

Торговля

Спот
Фьючерсы

Популярные статьи

Обсуждения

Добро пожаловать в Сообщество HTX. Здесь вы сможете быть в курсе последних новостей о развитии платформы и получить доступ к профессиональной аналитической информации о рынке. Мнения пользователей о цене на SOL (SOL) представлены ниже.

活动图片

Топ вопросы

Популярные категорииright-arrow

Популярные тегиright-arrow