CryptoStatCoins

Bullish

Solana (SOL) Hits Key Liquidity Reset, Signaling Potential for Major Rally

The Solana (SOL) network has reached a critical liquidity reset level, a technical event that has historically preceded every significant price surge for the asset this year. On-chain data indicates that a major wave of liquidations has been cleared, effectively resetting leveraged positions and reducing selling pressure. This reset often creates a foundation for strong upward momentum, as it removes over-leveraged sellers from the market. Analysts are watching this development closely, noting that similar liquidity resets in Q1 and Q2 were followed by substantial SOL rallies. The current market structure for Solana suggests a potential repeat of this bullish pattern, with key resistance levels now in focus for traders and investors monitoring the next potential breakout.
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