🚨 Market shake-up hits again. BTC dropped below $86K as liquidity vanished — and the shockwave dragged ETH to ~$2.8K and
$SOL under $130.
What’s different this time?
Solana wasn’t just reacting to BTC volatility — on-chain signals were flashing red for weeks.
📉 Active users fell from 7–9M earlier this year to ~3M.
📉 DEX volumes on Jupiter/Raydium cooled as memecoin hype faded.
📉 TVL keeps sliding — a clear sign of capital outflow and weaker ecosystem momentum.
SOL is now fighting to hold the $121–$128 support zone. But with RSI trending down and liquidity thinning, a dip toward $100 is still on the table.
Still, Solana is known for sharp rebounds when activity returns. A spike in users, DEX volume or memecoin flows could flip sentiment fast.
Stay sharp — the next move will come from on-chain first, not the charts. ⚡
