Markets· ★★★· bearish·

Solana stalls near $100 as ETFs post third straight weekly outflow

  • —SOL trades at $101.45, below the 50-day EMA at $105.99 and above the 200-day EMA at $98.27
  • —SOL ETFs bled $17.3 million last week, the third straight weekly outflow; monthly total at $72.24 million
  • —Futures open interest fell to $6.18 billion from $6.34 billion a week earlier
  • —Daily RSI sits at 36 and MACD remains below its signal line
Why it matters: A confirmed break below $98.27 could extend losses toward $86.67, while a reclaim of $106 would ease near-term pressure.
Source: FXStreet Crypto