Solana (SOL) Breaks Through $201 Resistance to Reach $100 Billion Market Cap, But Warnings of Potential Selling Pressure Come$SOL
Solana (SOL) has managed to surpass the critical $201 level and reach a market cap of $100 billion. However, despite this significant achievement, charts and market data provide some warnings that Solana may have difficulty maintaining its momentum.
With the decrease in active addresses and the decrease in activity on the network, analysts say Solana may have difficulty in increasing its price. “For the bull market to continue, it is very important for SOL to stay above the $201 level,” an analyst from COINOTAG said, emphasizing that breaking this level is critical.
Decreasing Active Addresses Indicate Falling Interest
Son fiyat artışları Solana topluluğunda heyecan uyandırmış olsa da, ağdaki günlük aktif adreslerin düşüşü, yatırımcı ilgisinin azaldığını gösteriyor. Bu durum, "Günlük Aktif Adresler (DAA) Sapması" olarak bilinen bir göstergede kendini belli ediyor. DAA Sapması, daha az kullanıcının işlemlere katıldığını ortaya koyuyor; bu da genellikle fiyat düzeltmelerinin habercisi olabiliyor.
The decrease in active participation while the price is rising is considered a significant warning sign for traders. If this trend continues, there may be an increased temptation among investors to sell to take profits, which could weaken Solana’s current bullish momentum.
RSI Overbought, Could Signal a Reversal
Another concern is that Solana’s Relative Strength Index (RSI) is currently in overbought territory. Similar situations have triggered market corrections in the past, as traders often choose to sell to realize their profits. An overextended RSI could limit further price gains and lead to short-term declines if trading momentum weakens.
If RSI levels remain elevated, it could increase the potential for price pullbacks as investor sentiment wanes. Therefore, traders are advised to monitor the RSI carefully.
Price Estimates and Potential Directions for Solana
Recent price action has taken Solana to levels of $215, while it is currently holding steady around $205. Staying above the $201 support is critical to preventing a larger decline. If that level is broken, further declines could occur towards the next support level of $186.
If the price breaks below $201, the possibility of a drop to $186 could increase. Similar situations in the past have triggered deeper corrections and downside moves.
Upside Potential and Continued Growth
On the other hand, if Solana successfully defends the $201 level and recovers, a test of the next resistance level at $221 is possible. Breaking through this level would not only help Solana solidify its market leadership, but also help restore investor confidence and provide the momentum needed for continued growth.
Sonuç olarak, Solana'nın kısa vadeli görünümü volatiliteye açık olsa da, $201 seviyesi üzerinde kalması halinde fiyatın yeniden yükselme potansiyeli bulunuyor. Ancak, aktif adreslerdeki düşüş ve aşırı alım durumu, yatırımcıları dikkatli olmaya çağırıyor.
