SOL currently ~$145, resilient above $130 support despite macro headwinds. On-chain, decreasing exchange net-inflows and stable funding rates signal exhaustion of sell-side pressure and limited aggressive shorting. Open Interest has stabilized post-deleveraging, validating current market structure. The $100 level represents significant bid-side liquidity; a breach by May 3 is improbable without a full BTC capitulation below $58K. 95% YES — invalid if BTC closes below $58,000 before May 3.
SOL currently ~$145, resilient above $130 support despite macro headwinds. On-chain, decreasing exchange net-inflows and stable funding rates signal exhaustion of sell-side pressure and limited aggressive shorting. Open Interest has stabilized post-deleveraging, validating current market structure. The $100 level represents significant bid-side liquidity; a breach by May 3 is improbable without a full BTC capitulation below $58K. 95% YES — invalid if BTC closes below $58,000 before May 3.
