Solana continues to shine in the crypto market. The price of SOL is around $185.77, with a slight increase of 0.5% in one day. Not bad. Its market capitalization? Nothing less than $101.6 billion. Sixth on the list of the big ones. The trading volume exceeds $78 million. It seems that investors like it. The Solana Saga 2 is coming. An improved blockchain phone. It promises a smoother experience with dapps. We'll see if it delivers. Large companies are sniffing around Solana. They want to integrate blockchain technology into their businesses. It could be good for SOL. The crypto market is going crazy, but Solana remains strong. They say it's because of its robust network and the dapp ecosystem. It makes sense. In short, Solana is consolidating. It has fans among small and large investors. The new phone and other projects could give it an extra boost. The future of SOL? It seems promising, but you never know in this world.

📊 $SOL – On-Chain Insights with @EdgenTech 1. Market Overview • Current Price: ~$178 (↓ ~4% in the past 24h) • 24h Range: $174.25 – $196.14 • Summary: Bears remain in control as bulls fail to hold above $180. 2. Technical Analysis • RSI: Near the lower range → weak momentum but potential for a short-term bounce. • MACD: Below the signal line → bearish momentum continues. • EMA & MA: Price trades below the 10-day EMA ($191) and MA ($195) → short-term trend remains bearish. 3. Derivatives Data • Funding Rate: Negative → short positions dominate. • Open Interest: Slightly down → long positions being closed. • Long/Short Ratio: Tilting bullish → smaller traders still betting on a rebound, implying volatility risk. 4. Outlook & Takeaways • Current Situation: Strong selling pressure near the $180 zone. • Short-Term Bias: Bearish trend remains intact. • Mixed Signals: Divergence between funding and position ratios → expect heightened 5. Key Levels to Watch • Support: $174 — a clean break below could trigger another sell-off. • Rebound Scenario: If funding turns positive and volume rises, a technical recovery may follow. In summary: $SOL remains under short-term bearish pressure, testing key support at $174–$180. A rebound is possible if derivatives sentiment and trading volume shift in favor of the bulls.

#Gate9月透明报告出炉 #十月降息预测 #加密市场回调 A round of bottoming out and rebounding on Friday seems to have exhausted the market's short-term momentum. The performance on Saturday can be summed up in one word: "stagnation." The cryptocurrency price appears to have entered a "standby mode," repeatedly oscillating within a narrow range throughout the day, showing neither the strength to expand upwards nor the intention to retrace downwards for confirmation. From a technical perspective, as the oscillation range continues to shrink, the daily-level pattern is quietly changing. The previously downward bearish momentum has clearly slowed, with the retracement halting abruptly at a key support area, failing to form a continuation of effective declines. This indicates that the support below has been preliminarily confirmed, and there is capital supporting the position. Therefore, in terms of operational strategy, the future market can consider a low buy approach more. The key focus is whether the lower support of the current oscillation range can be effectively maintained. If it stabilizes and is accompanied by a volume signal, a new upward trend would be worth anticipating.