Solana’s $75 Cliffhanger: Will Short-Term Buyers Catch It or Let It Crash?

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Oh, Solana, you’re like that friend who peaks at the party but then spills their drink all over the rug. After hitting a high of $88 on February 8, the token decided to take a nosedive, dropping nearly 10% because, you know, why not? Selling pressure? More like a fire sale at a thrift store no one wants to shop at.

Now, before you panic and start Googling “how to sell your crypto to your cat,” let’s be clear: this isn’t a full-blown apocalypse… yet. But technical and on-chain data are side-eyeing Solana like it’s wearing socks with sandals. Short-term buyers are swooping in near $75, but let’s be real-these folks are about as reliable as a Wi-Fi signal during a Zoom meeting. Will they save the day, or will they bail faster than a reality TV star in a scandal?

Hidden Bearish Divergence: The Chart’s Passive-Aggressive Side-Eye

The first red flag popped up on the 12-hour chart, which is basically the astrology of finance. Between February 6 and 8, Solana formed a lower high near $88, while the RSI (Relative Strength Index, not “Really Sad Investor”) made a higher high. Translation? The momentum was faker than a reality show fight.

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And then, surprise! SOL started pulling back faster than a Tinder date after you mention your cat collection.

Exchange flows flipped like a pancake on February 10, with net inflows of +245,691 SOL. That’s crypto-speak for “everyone’s dumping their tokens like they’re last season’s fashion.”

So, yeah, Solana’s 4% drop wasn’t just a stumble-it was a full-on faceplant into the mud.

Short-Term Buyers: The Financial Equivalent of a Band-Aid

Enter the one-day-to-one-week holding cohort, aka the “I’ll Buy Now and Panic Later” crew. These folks have been scooping up SOL like it’s going out of style, increasing their share from 5.39% to 6.81%. But let’s be honest: their commitment is about as solid as a Snapchat streak.

Remember January? These same traders bailed faster than a sinking ship, and SOL dropped 8%. Now they’re back, but don’t expect them to stick around for the long haul. They’re basically the crypto version of a one-night stand.

Meanwhile, Profit and Loss data shows these traders are still underwater, like a bad Netflix series you can’t stop watching. NUPL (Net Unrealized Profit/Loss) is in the capitulation zone, meaning they’re holding on for dear life but might let go if things get worse.

So, yeah, they’re the last line of defense, but let’s not pretend they’re the Avengers.

$75: The Crypto Equivalent of a Trust Fall

If SOL falls below $75, it’s like tripping on a banana peel in front of your crush. Awkward. And painful. A break below this level could trigger a wave of selling, sending the price tumbling to $66 or even $59. On the flip side, recovery is about as likely as a sequel to Gigli.

So, will Solana’s short-term buyers save the day, or will they bail like it’s Black Friday at Walmart? Only time will tell. In the meantime, grab your popcorn and enjoy the crypto drama.

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2026-02-11 22:16