I'm looking at Solana — an interesting situation is developing. SOL is currently trading around $86, stuck in a narrow range for a month now. Yesterday, there was a bounce from $90, but it hasn't broken above that yet. Down 1.6% for the day, but still up for the week, so not too bad.

Technically, I see that the MACD on the 4-hour chart has signaled a sell, and the Bollingers suggest a potential breakout soon. In this range between $77 and $89, the price is swinging like a pendulum. If it breaks down below $77, it could fall to $65. Conversely, if it breaks above $90, it might reach $107.

What’s interesting is that amid all this uncertainty, institutional players have started buying. Last week, inflows into Solana products totaled about $54 million, and spot ETFs received another $17 million. This hints that big players are not entirely panicking. Maybe the range we're sitting in is just accumulation before a move?

The March case was complicated by the Middle Eastern situation, but SOL held steady. Now, this narrow trading range is a key point. If you believe the analysts, the coming days will show which way the market is breaking. I’ll be watching for a breakout.