The digital asset Solana has staged a dizzying 12% bounce from its recent lows, reaching the support zone between 85 and 90 dollars. However, a worrying Solana technical signal has raised alarms among financial analysts, who suggest that the lack of accumulation by large holders could invalidate this recovery in the short term.
According to data from Glassnode, long-term investors are reducing their positions at a critical time, which weakens the support necessary to maintain the current upward momentum effectively. This change in “HODLers” behavior represents a significant risk, as historically their conviction has served as a safety net during the most severe market corrections seen recently.
Uncertainty in the market structure and the exhaustion of active sellers
Despite the initial optimism generated by the overnight rally, the Money Flow Index is approaching oversold levels below the 20.0 mark. This indicator usually precedes periods of stabilization, suggesting that seller exhaustion could offer a temporary breathing space, although the price chart still shows a descending structure with lower highs and lower lows consistently.
Currently, the asset finds itself trapped outside its usual descending channel, located in a technical demand zone that fluctuates between 85 and 90 dollars. If this level were to yield to selling pressure, the next bearish target is located near 70 dollars, representing the last bastion of solid support before a potentially much larger price drop.
On the other hand, breaking above the 100 dollar resistance seems insufficient to change the predominant bearish narrative affecting high-capitalization of cryptocurrencies worldwide. Only a daily close above 144 dollars would confirm that the negative trend has reached its final end, thus allowing a transition towards a much more solid and reliable structural recovery scenario for all investors.
Which factors could determine the success of new AI-based projects today?
While volatility shakes the main assets, emerging platforms like SUBBD seek to capture investor interest through the use of artificial intelligence. This project, which has already raised nearly 1.5 million dollars, bets on the direct monetization of creative content without relying on the centralized middlemen that traditionally dominate the global creator economy nowadays.
The value proposition of these new ecosystems lies in offering real utility from day one, allowing users to generate income sustainably. By removing typical entry barriers, creators maintain full control over their audience, which contrasts with the purely speculative nature that usually characterizes price movements in the digital asset market during high volatility periods.
Ultimately, Solana’s future will depend on its ability to regain the confidence of large capital holders before losing critical support levels. Meanwhile, diversification into platforms with tangible business models seems to be the chosen strategy for many investors, who seek refuge in projects that prioritize real use over the simple advertising hype of the market.
