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- Key technical indicators, including the cumulative volume of delta (CVD) and funding rates, indicate negative market feelings.
- The approval of the Solana ETF (85%) could be a long-term catalyst for price recovery.
In a world that quickly develops cryptocurrencies, salt (salt) creates titles because it is currently in bear trend, and its price dropped from $ 200 to $ 187.99, which reflects strong sales pressure.
Key technical indicators, including the cumulative volume of delta (CVD) and funding rates, indicate negative market feelings. In addition, the relative strength index (RSI) at 32.54 suggested that he had continued the momentum downwards.
Will salt recover or continue your path down?
Solana: Bullish hope or bear reality?
Ambcrypto view of trend price has discovered a well -defined bear pattern. From January 31 to February 3, Sol consistently formed lower peaks and lower lowest, which is a classic bear indicator.
Source: x
The recent price of prices from $ 200 to $ 187.99, and his subsequent return to $ 196.93 has suggested a temporary recovery, but does not indicate a complete turnaround.
Also, the creation of a descending triangle has signaled continuous consolidation, with the risk of further drop to $ 138 if the support level from $ 191 fails to retain.
Therefore, without a bull catalyst, salt remains in an insecure position, sensitive to further losses.
What is a salt for salt?
Several indicators have amplified the bear chance of salt.
The cumulative volume of Delta (CVD) on a 30 -minute chart showed values in the range of -764,722k to -786.138K, which is confirmed by dominant sales pressure due to the purchase activity.
Source: COINGLAS
Financing rates at -0,0170 further showed a market that favored short positions because the traders predicted a further decline.
RSI at 32.54, although not on the resale territory, pointed out a continuous weakness, with a slight reversal chance if customers take key support levels.
The volatility index of 236.03 illustrated significant prices fluctuations, which is very unpredictable salt. So, if salt fails to hold $ 191, volatility could reduce it to $ 138, enhancing continuous instability.
Can Sol etf change the game?
The approval of the Solana ETF (85%) could be a long-term catalyst for price recovery. Institutional investments through ETF often increase liquidity and demand, potentially stabilizing the market.
However, given the current bear trend, ETF itself may not launch a immediate reversal of prices, but would lay the foundation for future growth.
Read the Predict of Solna Price (Sol) 2025–2026
Finally, salt is in clear bear trends, with strong sales pressure and increased volatility.
Although the approval of ETF is a long-term growth potential, current technical indicators suggest further risks of lack before a sustainable recovery.
