Solana (SOL) bouncing from $170 suggests the end of the recent sell-off. Cathie Wood's $1.5 million Bitcoin price estimate and El Salvador's Bitcoin holdings signal growing institutional interest. Grayscale's GBTC decline may affect SOL indirectly. Technically, SOL's pivot point at $178.63 could revive bullish momentum, with support at $165.46 and resistance at $196.10, $209.01, and $221.37.
