Can Solana (SOL) hit $184 after FTX, Alameda unstake $31 million?

Key Points

1. FTX and Alameda unstaked 189,851 SOL worth $30.94 million, which may impact SOL's price.

2. SOL's price was trading near $163 with 24-hour gains of over 3.5%, though it had previously surged to around 5.5%.

3. Technical analysis indicates SOL is bullish, having broken out of multiple bullish patterns and showing a 12% price increase.

4. Solana’s Relative Strength Index (RSI) stood at 63, suggesting potential for further upward movement.

5. Traders have built $182.72 million worth of long positions, indicating bullish dominance and potential for higher price levels.