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Solana is falling, but when will it rise?Analysis of Solana: Market Perspectives and the Impact of U.S. Legislation Greetings, this is Ronin. Today, I’m sharing my insights on the current situation surrounding Solana (SOL) in the context of new economic conditions introduced by the administration of Donald Trump. At this point, several fundamental factors can be identified as key market drivers for the next 1.5–2 years. New Economic Policies and Their Market Impact One of the most significant decisions made by the Trump administration is the removal of the value-added tax (VAT) on American assets. This measure is designed to boost domestic demand, stimulate economic growth, and attract capital into the U.S. asset market. For the cryptocurrency market, and particularly for Solana, this policy creates favorable conditions. Reduced tax burdens: Encourage institutional investors to consider American digital assets. Increase liquidity on U.S. exchanges, positively impacting trading volumes. Heighten competition among market participants, leading to more dynamic price movements. These changes lay a solid fundamental foundation for Solana’s value to grow in the medium and long term. Solana: Growth Potential Current Market Situation Solana is currently in a consolidation phase. The price remains under pressure due to: Artificial liquidity outflows. Liquidation of large futures positions, a common practice by exchanges to stabilize their profitability. At present, technical analysis is not the primary driver of the asset’s movement. Once the market receives additional liquidity and exchanges stabilize their operations, Solana is poised for a significant recovery and further growth. The Impact of Potential ETF Approval A major driver for Solana is the speculation surrounding the approval of an ETF linked to Solana. If this comes to fruition: Solana will see a substantial influx of capital from institutional investors. Increased demand for the asset will drive its price upward. While it’s unlikely we’ll see a repeat of 2021, when Solana’s price skyrocketed from $28 to $260, the asset still holds strong growth potential. Catching up to major assets like Binance Coin (BNB) is more than achievable. Liquidity and Trading Strategy My futures trading strategy allows me to operate in both directions, but in the long term, the fundamental outlook for growth is clear. On the cryptocurrency market, the classic principle applies: buy when everyone else is selling. Current Takeaways: Corrections as Opportunities: Significant price pullbacks, especially those driven by short-term exchange manipulations, present excellent buying opportunities. Positive Stimuli: Liquidity will inevitably return to the market, and once it does, Solana is likely to demonstrate a strong recovery and upward trajectory. Conclusion The changes brought about by the Trump administration’s economic policies offer unique advantages for American assets, including Solana. The removal of VAT and the potential approval of an ETF create solid prospects for strengthening Solana’s market position. I am confident that in the medium and long term, this asset has significant growth potential. While the market remains in consolidation, I continue to monitor the situation and use corrections as opportunities to increase my positions. The cryptocurrency market rewards those who can see opportunities in periods of temporary decline. This has been Ronin. See you at the top of the charts! 📈💎
Long
by StarTradePro
Solana rollercoaster ride and wild swings🔸Hello traders, today let's review 8hour price chart for SOLUSD . pullback/correction in progress with limited upside currently, let's review the market in more detail. 🔸Trading right now at 225 usd, broke the structure after tripping over SL cluster near 280. The wild swings in SOLANA are caused by the launch of the Trump's meme coin, the angle of attack on the 8 hour chart is not sustainable, gone up too much too fast, currently expecting more wild swings in SOL. 🔸As everyone rushed to BUY TRUMP meme coins, this spiked demand for SOL and generated a massive spike of onchain activity. Once the hype started to subside and the TRUMP coin started to fade, same thing happened to SOL. 🔸We tripped over SL cluster at 280 USD this caused massive volatility spike and reversal off the highs. Currently bullish SL cluster located at 160 USD. I'm expecting re-test of the SL cluster at 160 USD before a decent reversal in SOL prices. Currently limited upside and expecting most rallies/rips to get faded. 🔸The massive artificial spike produced an unsustainable rally in SOL, more swing required now in order for the prices to even out / become stable again. This implies that we will witness more volatility in this market with bearish bias mid-term. 🔸Recommended strategy: Short sell rips/rallies targeting SL cluster at 160 USD. price is currently not stable and I see limited upside in this market. If you want to BUY/HOLD, sit out the current volatility and BUY LOW later near SL cluster. 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
Short
by ProjectSyndicate
28
SOL - 4H Elliott Wave AnalysisGreetings, this is our current Elliott Wave Count for the 4H timeframe for Solana. We assume that the pump we got from the low of the 13th January 2025 was either a Wave 1 displayed in white or a Wave A displayed as red circle. Currently we are looking for a retracement in white Wave 2 or red circle Wave B which both will be followed by a rally to the upside. The white Wave 2 support sits between the 0.5 FIB at 232.35 USD and the 0.786 FIB at 196.05 USD. We have the 0.886 FIB at 183.35 USD on the chart as this is a valid target for Wave B too and if we go that low we assume that the red circle ABC in in control. The retracement is unfolding as red (ABC) where red (A) is in and red (B) is either in on almost finished. We assume the red (B) is an ABCDE triangle displayed in yellow. Targets for red (C) are the 1 to 1 FIB at 203.79 USD and the 1.382 FIB at 178.43 USD. Noteworthy is that the 1.382 FIB at 178.43 USD is in confluence with the 0.886 FIB at 183.35 USD. Be aware that a break above the red line at 273.29 USD would invalidate the Elliott Wave Triangle as yellow ABCDE in be an indication of a different count or a breakout to the upside. Thanks for reading. NO FINANCIAL ADVICE.
Short
by KanashimiBro
Solana is the star of this bullrunThe bullrun for alts is about to start after a quick flush. Solana needs a weekly close above ATH to continue upward momentum. I feel like a drop to 180-200 is going to happen to gain some liquidity before breaking out. Although there are heavy shorts building up with liquidations around 250-270 which might get flushed out before the drop if exchanges feel like it. I’m keeping my end of bullrun solana targets at $1000 and I think retail adoption can take us there. Gg TRUMP. DYOR. NFA.
Long
by ankurghai
Solana's All-Time High: Symmetrical Triangle Pattern in Play..!Solana is currently exhibiting a symmetrical triangle pattern as it approaches its all-time high of $260. This pattern typically indicates a period of consolidation, where the buying and selling pressures are in relative equilibrium. Traders and analysts are closely monitoring this development, as a breakout from this formation could lead to a significant price movement, either upwards or downwards. The potential direction of the move will depend on which side the price ultimately breaks out from. Therefore, investors must stay vigilant and watch the market closely for any signs of a breakout, as it could herald a pivotal change in momentum for Solana.
by Kartik_Elkunchwar