The crypto market has slipped into one of its most unstable phases of the year—a pattern often seen near year-end, but this time the pressure feels different. While major altcoins like Solana are losing momentum, Bitcoin’s retreat below $90,000 has pushed sentiment deep into fear. With the SOL price now drifting toward the crucial $130 support, traders are beginning to question whether this fade is merely a shakeout… or the first signal of a larger trend shift.
Solana has entered a critical price zone as heightened market volatility drags major altcoins back toward key supports. After failing to sustain above its recent range highs, SOL has slipped toward the $130 region, a level that has repeatedly acted as a make-or-break point for trend continuation. With sentiment weakening and sellers pressing harder, traders are now watching whether Solana can defend this support or if the current pullback signals a deeper shift in short-term momentum.
The 4-hour chart shows SOL trading within a well-defined horizontal range, with strong resistance at $145–$150 and support at $120–$125. Price is currently hovering near the mid-range after a rejection from the upper boundary. Momentum indicators are attempting to stabilize: the MACD is flattening after a bearish crossover, while the Stoch RSI is deeply oversold and beginning to curl upward, hinting at a possible short-term bounce. However, failing to reclaim $138 may reopen the path toward lower support.
Solana is entering a pivotal phase where neither bulls nor bears have a clear upper hand. The next reaction around the $130–$138 zone will decide whether SOL remains in its multi-week consolidation or slips into a deeper correction. Oversold indicators suggest that a short-term bounce is possible, but traders shouldn’t mistake that for a confirmed trend reversal—not unless Solana can reclaim the $145 resistance with conviction.
For now, SOL’s trajectory hinges less on its own fundamentals and more on Bitcoin’s ability to stabilize above key psychological support. If BTC steadies, SOL has room to recover; if not, a retest of $120–$125 becomes increasingly likely.
