Solana price prediction this week – Everything you should know!
2025-07-10 04:10:39
Main Idea
Solana (SOL) price faces potential volatility due to mixed market signals, including bearish options activity and lack of strong spot market demand, with key support at $131.
Key Points
1. Solana's price broke out from its July compression ahead of the FOMC minutes, but bearish bets in the options market suggest caution among traders.
2. The Put/Call ratio shifted from 0.35 (bullish) to 1.19 (bearish) between 7-9 July, indicating increased hedging against a potential pullback.
3. Open Interest (OI) rebounded to $7.1 billion in Q2, but a decline in spot CVD (Cumulative Volume Delta) signals weak demand, raising concerns about the sustainability of the breakout.
4. A liquidation hunt could drive SOL to $154.6 or $158, but $145 remains a critical level with $600 million in cumulative longs.
5. The realized price of $131 is a key support level; a sustained drop below it would invalidate the bullish market structure.
Description
Any sustained dip below SOL's realized price of $131 would invalidate its bullish structure.
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