SOL's current market structure shows strong support at the $120-$125 confluence, far above the proposed $50-60 range. On-chain metrics indicate significant whale accumulation around $130, solidifying bid-side liquidity. A move to $50-60 would necessitate an unprecedented capitulation, over 50% value erosion from current levels by May 5th, not reflected in any IV curves or options open interest. Put walls only below $100. This range vastly misprices downside risk. 98% NO — invalid if BTC capitulates below $58,000 by May 4th.
SOL's current market structure shows strong support at the $120-$125 confluence, far above the proposed $50-60 range. On-chain metrics indicate significant whale accumulation around $130, solidifying bid-side liquidity. A move to $50-60 would necessitate an unprecedented capitulation, over 50% value erosion from current levels by May 5th, not reflected in any IV curves or options open interest. Put walls only below $100. This range vastly misprices downside risk. 98% NO — invalid if BTC capitulates below $58,000 by May 4th.
