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#SolanaRevenueTopsEthereum

The Solana community is oscillating between hopes for recovery and fears of correction, like a tightrope walker balancing between the safety net and storm clouds. Here are the main trends:

1. **Optimism around ETFs** – institutional investors are targeting $2,000

2. **Technical struggle** – support at the level of $120–125 against expectations of a bounce to $160–175

3. **Bearish warnings** – short-term sentiment worsens amid rising volatility

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### 1. *Long-term network growth inspires optimism*

**"Goals: $500 → $1,000 → $2,000. The network effect is real and accelerating."**

**What it means:** Institutional investors view SOL as a promising asset for several years, relying on the growth of the ecosystem and the popularity of staking.

### 2. *Mixed technical signals*

**"SOL may recover to $160–175 if it holds the $125 level, but a break at $118 threatens a drop to $100."**

**What it means:** Traders consider the $120–125 zone to be key support — its retention could lead to the closing of short positions, while a breakout could trigger mass liquidations.

### 3. *Volatility indicates bearish sentiment*

**"SOL is down 3% for the day, trading in the range of $118–120 amid weekly and monthly declines — short-term sentiment is bearish."**

**What it means:** Recent price movements and derivatives data show that traders are hedging against further declines despite the asset being oversold.

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## Conclusion

The general opinion on Solana is **divided**: on one hand, institutional investors believe in its technological potential, while on the other, traders are cautious due to unstable technical signals. Although expectations for the ETF and network growth support long-term optimism, the support zone of $120–125 has become a key test for the bulls. Note the **14-day RSI (now 41)** — a sustained rise above 50 could indicate a return of buying momentum, while a failure would confirm bearish breakdown scenarios.
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GateUser-b53fa03fvip
· 20h ago
HODL Tight 💪
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