Why the salt bias is 70% early sign of a great piercing

• Solana increased almost 20%in the week, surpassing her rivals.
• Are the “long” positions a sign of a wider structural shift?

Undoubtedly, the Q2 began with bull momentum for the salt pans (salt), which published almost 20% per week, regulating key supply zones in mid -March.

However, the rally appears far from organic. Metric derivatives Discover a pronounced long -side imbalance, with over 70% open interest rates of binans (OI) twisted to upside down.

Usually, such a structure of severe influence, if not based on permanent inflows and solid absorption on the side of the offer, increases the likelihood of liquidation cascade on any sharp diverting.

Having this in mind, Ambcrypto explored: Is salt prepared for classic liquidity and medium reversion? Or, are the participants influenced by the influence on the front ride a little bigger?

Strategic positioning behind the long bias of salt

This week he turned out to be key to salt. Now, Key developments could set the stage for the next phase of his Q2 spread.

Canada led the charge. The country launched the first place in the world of Solana ETFS (funds traded on the stock market) on the stock market in Toronto, which marked a significant step in institutional adoption.

Meanwhile, Defidevcorp, a notable player in the premises of decentralized finances (Dead), made titles by buying Sol worth $ 10.5 million.

In fact, this bold move earned them “Microstrateegy of Solan” monicker, as their Treasury salt It now amounts to 163,651.7 salt – approximately $ 23 million in today’s market.

At the same time, Galaxy Digital seems to be silently enhancing its portfolio of salt.

The company withdrew from Binance an additional 150,221 salt (approximately $ 19.98 million), pushing its Total withdrawal up to $ 58 million from April 14th.

Therefore, these institutional inflows catalyzed 20% a week with salt per week, and Futures Open Camate (OI) reached $ 3.34 billion and returned the resistance level in the late March in the amount of $ 134.

Looking in advance: Preventing another OI withdrawal

As seen in the upper chart, long accumulation during the Q4 rally in January coincided with $ 294 ATH of $ 294. During this time, the Oi reached a highlight of $ 6.8 billion.

However, as the risk of risk has pervaded the market in the midst of wider macro pressures, we have seen a sharp separation event, with an eyewater in the midst of liquidation positions. By the end of Q1, Oi withdrew to two billion dollars.

Looking in advance, if an institutional inflow continues to enhance the liquidity of the solana, this could alleviate the risk of a similar event. So what are the prospects?

Solan’s Q2 Technical look Bull remains, with significant potential upside down.

Since the recent decline in Sol at $ 100, over 200k new wallet addresses are intended on board, signaling a robust adoption of users.

Together with the institutional accumulation, bicou -on -long and growing tide of market optimism, we find a mature moment to “bathing in a drop”, Stage setting for potentially powerful Q2 for Saltworks.