@salimextra.base.eth

#SOL moved lower with the broader market, but the current weakness driven by psychology and technicals, not a deterioration in fundamentals. 🧠 Institutional FUD is the main trigger Fundstrat’s bearish 2026 projection ($50–75) acted as an informational shock. Key point: this is an internal downside scenario that contradicts the firm’s publicly bullish narrative. The market is reacting to headlines, not probabilities. 📉 Technical pressure, but decision zone is close Breaking below key moving averages flushed short-term traders. The $123–117 area is a critical support cluster, where algorithms and larger players typically step in. A deeper move likely requires broader market weakness. 🛡 The attack was a stress test — and Solana passed 🎯 Core alpha: Solana is being priced as a “problem asset,” even as its technological risk has declined. If #Bitcoin dominance cools and ETF sentiment improves, SOL could reverse sharply, as recent selling came from nervous hands, not long-term capital.

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