$SOL: warning!
2025-02-17
Category: None

**🚨  CRYPTOCAP:SOL  Analysis: Major Unlock & Market Impact 🚨**  

📅 **March 1st Unlock:**  
Approximately 11.16 million SOL tokens (~$2 billion) are set to be released into the market.  

🔗 Source:  (www.eblockmedia.com)  

 ### **What’s Happening with  CRYPTOCAP:SOL ?**   

After the $TRUMP pump, Solana faced a significant pullback, which was expected after such hype. However, a more concerning effect of the meme craze is the liquidity drain from the Solana ecosystem.  

🔻 **Liquidity Issues:**  
- Rug pulls often result in selling SOL for cash,  CRYPTOCAP:USDT , or even $CRYPTOCAP:BTC.  
- Exchanges like Raydium and Meteora made huge profits from fees in SOL and typically "sell to cash out".  

This has led to a liquidity squeeze, causing a prolonged consolidation.  

📉 **Technical Outlook:**  
- Daily timeframe: Consolidation appears to be ending, and MACD is about to cross bullish, signaling a short-term relief for 1-2 weeks.  
- Weekly timeframe: The bearish divergence remains strong and still needs to play out.  
- A double top bearish pattern is identified, likely to push the price down.

⚠️ **March 1st Unlock - The Biggest Bearish Factor**  
While 11M SOL represents only 2% of circulating supply, it comes at a bad time, adding selling pressure just as the ecosystem struggles with bearish sentiment.  

### **Price Outlook:**  
🛑 Short-term impact: Likely downside pressure.  
✅ Long-term: Solana remains a solid and popular blockchain—it will recover.  

**📉 Price Targets:**  
- $160 or lower seems likely.  
- Worst-case scenario: $120 , which is a major support level.  

💡 Potential Buy Opportunity for long-term holders!  

**DYOR!**