Compass Investments

– Here’s something that immediately catches your eye: the way the price reacts to drawdowns. Instead of a sharp pullback, Solana smoothly follows the uptrend, with buyers becoming more active sooner. This pattern usually signals calm accumulation, not a panic sell-off.

It’s a subtle but significant detail. It’s as if the market is gently pushing the price to the resistance boundary, as if waiting for something. If SOL manages to gain a foothold above $95, the growth rate may pick up rapidly and reach $100, or even $105, bypassing serious pullbacks. However, there is always a “but”… if this upward slope does not hold, the situation may change dramatically. In that case, a drop to $78-$75 would not be a surprise.

what’s going on here is very similar to a squeeze. Price tightens, volatility tapers off, and both sides – buyers and sellers – are in close contact. Such periods never last long.

When a breakout occurs, whichever way it goes, it is rarely slow. It usually moves quickly, sometimes even sharper than predicted. Right now, the chart is basically collapsing.

In parallel, not everything is as reliable as it seems. There is a subtle shift in the dynamics, especially in the USDT pair. The RSI has started to weaken, which could be an early hint of fading buying power.

An interesting point is that the BTC pair is not showing the same sluggishness yet. Such a divergence is… is somewhat atypical. Usually the weakness is first reflected in the BTC pair. When it appears in USDT, it could mean that the fundamental momentum is deteriorating faster than expected.

Solana recently got to $97, but that rise was not accompanied by robust trading volume, which raises questions. A move to $100 or even $101 is still likely, but if it happens on weak momentum, it will look more like a bearish divergence than a continuation signal.

And if the BTC pair eventually breaks its key level down, both pairs may start a synchronized decline. This is when the situation often escalates. In this case, the downside targets will be set around $77, and deeper levels around $67 will also become achievable.

So we’re at the tipping point. The Solana is hovering right at this edge, not breaking up or down, just building up tension. The bull structure is still in place, but the first cracks are appearing underneath.

This is one of those moments where the next move will likely not be soft. Either the SOL will break above $95 and pull back… or weakness will take over and pull the asset down.