SOL Recovers to $102 Despite Fourth Straight Week of Solana ETF Outflows
- —SOL recovered to $102, with the lower Bollinger Band at $99.21 acting as key support
- —Grayscale's GSOL lost $19.16 million, cutting net assets to $153.04 million
- —Solana ETFs have bled nearly $100 million since the start of October
- —MCO Global Research: a break above $109.20 would void the bearish count; otherwise a new low below $98.62 is likely
Why it matters: ETF outflows are weighing on SOL; holding $100 will decide whether the altcoin extends losses or pushes back toward $110.
Source: DailyCoin