What I see right now is that Solana has harvested most of the liquidity lying south. Right now, the most recent source of liquidity is in the North, and the market is currently at a decisive level. Where both buyers and sellers have to make a choice, a lot of people will be selling Solana right away because they see the daily create a lower low and now an upward movement that looks like retracement, to go back south, but that is just the market engineering liquidity to take all the liquidly lying upwards.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.