Solana (SOL) is witnessing intense retail bullish sentiment as trader long positions surge to the 91st percentile, coinciding with a critical price resistance test near the $180 threshold.
Market analytics reveal stark divergence between SOL and Ethereum (ETH), where ETH retail longs remain notably subdued around the 28th percentile despite a marginal uptick from 57.12 to 58.21.
The SOL Funding Rate has flipped positive at 0.0079%, marking a decisive transition from its previous -0.16% level and reflecting shifting market dynamics toward long-biased positions.
Attention shifts to a crucial $183.30 liquidity zone holding nearly $11 million in orders, positioning Solana for a pivotal price movement that could trigger either significant breakout or corrective volatility.